Company Registration No. 04990354 (England and Wales)
Derby Properties Limited
Unaudited accounts
for the year ended 31 March 2025
Derby Properties Limited
Unaudited accounts
Contents
Derby Properties Limited
Company Information
for the year ended 31 March 2025
Directors
Mrs Sohini Patel
Mr Ronak Patel
Company Number
04990354 (England and Wales)
Registered Office
3rd Floor Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Derby Properties Limited
Statement of financial position
as at 31 March 2025
Tangible assets
665,194
665,253
Cash at bank and in hand
1,790
1
Creditors: amounts falling due within one year
(51,051)
(58,102)
Net current assets
241,104
211,899
Total assets less current liabilities
906,298
877,152
Creditors: amounts falling due after more than one year
(743,362)
(728,372)
Net assets
162,936
148,780
Called up share capital
100
100
Profit and loss account
162,836
148,680
Shareholders' funds
162,936
148,780
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by
Mrs Sohini Patel
Director
Company Registration No. 04990354
Derby Properties Limited
Notes to the Accounts
for the year ended 31 March 2025
Derby Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 04990354. The registered office is 3rd Floor Vyman House, 104 College Road, Harrow, Middlesex, HA1 1BQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
664,859
3,874
668,733
At 31 March 2025
664,859
3,874
668,733
At 1 April 2024
-
3,480
3,480
Charge for the year
-
59
59
At 31 March 2025
-
3,539
3,539
At 31 March 2025
664,859
335
665,194
At 31 March 2024
664,859
394
665,253
Derby Properties Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
290,365
270,000
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
18,894
17,857
Loans from directors
30,657
32,745
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
743,362
728,372
8
Transactions with related parties
The company was under the control of Mrs S Patel.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).