REGISTERED NUMBER: 09988720 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

D&L S Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Scacchetti

Mrs L Scacchetti

Mrs A Jennings

Mrs O Robinson

REGISTERED OFFICE:

Woodlands Mill

Woodlands Lane

Off Luke Lane

Huddersfield

HD9 7TB

REGISTERED NUMBER:

09988720 (England and Wales)

FIXED ASSETS

Tangible assets

4

111,021

126,237

Investments

5

22

22

Investment property

6

5,159,445

5,159,445

5,270,488

5,285,704

CURRENT ASSETS

Debtors

7

71,563

119,099

Cash at bank

181,392

79,449

252,955

198,548

CREDITORS

Amounts falling due within one year

8

83,527

86,972

NET CURRENT ASSETS

169,428

111,576

TOTAL ASSETS LESS CURRENT LIABILITIES

5,439,916

5,397,280

CREDITORS

Amounts falling due after more than one year

9

(5,190,013

)

(5,190,013

)

PROVISIONS FOR LIABILITIES

(5,736

)

(4,297

)

NET ASSETS

244,167

202,970

CAPITAL AND RESERVES

Called up share capital

10

205,500

205,500

Share premium

51,375

51,375

Retained earnings

(12,708

)

(53,905

)

SHAREHOLDERS' FUNDS

244,167

202,970

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd December 2025 and were signed on its behalf by:

D Scacchetti - Director

1.	STATUTORY INFORMATION

D&L S Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents rents receivable net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on Reducing Balance

Computer equipment

-

20% Straight Line Basis

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment properties acquired or in the course of refurbishment or redevelopment during the year are stated at cost.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.

Loans with no fixed term are treated as repayable within one year and recorded at nominal value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Fixed asset investments

Investments in unlisted fixed asset investments are valued at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

297,247

Additions

4,547

At 31st March 2025

301,794

DEPRECIATION

At 1st April 2024

171,010

Charge for year

19,763

At 31st March 2025

190,773

NET BOOK VALUE

At 31st March 2025

111,021

At 31st March 2024

126,237

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

and 31st March 2025

22

NET BOOK VALUE

At 31st March 2025

22

At 31st March 2024

22

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

5,159,445

NET BOOK VALUE

At 31st March 2025

5,159,445

At 31st March 2024

5,159,445

Fair value represents the cost of investment properties acquired or in the course of refurbishment or redevelopment during the period.

7.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

21,225

66,854

Other debtors

25,837

27,744

47,062

94,598

Amounts falling due after more than one year:

Other debtors

24,501

24,501

Aggregate amounts

71,563

119,099

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

41,664

9,206

Taxation and social security

15,756

13,965

Other creditors

26,107

63,801

83,527

86,972

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

5,190,013

5,190,013

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

51,375

Ordinary A

£1

51,375

51,375

51,375

Ordinary B

£1

51,375

51,375

102,750

Ordinary C

£1

102,750

102,750

205,500

205,500