Company Registration No. 10647853 (England and Wales)
DALAL PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 March 2025
DALAL PROPERTIES LIMITED
Unaudited accounts
Contents
DALAL PROPERTIES LIMITED
Company Information
for the year ended 31 March 2025
Company Number
10647853 (England and Wales)
Registered Office
Unit 1
Waterfront Business Park, Dudley Road
Brierley Hill
West Midlands
DY5 1LX
England
DALAL PROPERTIES LIMITED
Statement of financial position
as at 31 March 2025
Investment property
1,250,000
1,195,000
Cash at bank and in hand
5,532
3,180
Creditors: amounts falling due within one year
(11,395)
(866,313)
Net current assets/(liabilities)
46,137
(858,928)
Total assets less current liabilities
1,296,137
336,072
Creditors: amounts falling due after more than one year
(896,978)
-
Provisions for liabilities
Deferred tax
(74,000)
(81,000)
Net assets
325,159
255,072
Called up share capital
1
1
Revaluation reserve
296,580
241,580
Profit and loss account
28,578
13,491
Shareholders' funds
325,159
255,072
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 director acknowledges his 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 and authorised for issue on 23 December 2025 and were signed on its behalf by
B Dalal
Director
Company Registration No. 10647853
DALAL PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
DALAL PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10647853. The registered office is Unit 1, Waterfront Business Park, Dudley Road, Brierley Hill, West Midlands, DY5 1LX, England.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover represents rent receivable in relation to investment properties.
Fair value at 1 April 2024
1,195,000
Net gain from fair value adjustments
55,000
At 31 March 2025
1,250,000
Investment property has been revalued during the year based on a professional market valuation obtained for lending purposes.
Amounts falling due within one year
Other debtors
52,000
4,205
DALAL PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
688,709
Taxes and social security
2,000
8,221
Loans from directors
183
168,057
The director loan is unsecured and interest free.
7
Creditors: amounts falling due after more than one year
2025
2024
Aggregate of amounts that fall due for payment after five years
896,978
-
Bank loans are secured against the investment property.
8
Deferred taxation
2025
2024
Revaluation of investment property
74,000
81,000
Provision at start of year
81,000
81,000
Credited to the profit and loss account
(7,000)
-
Provision at end of year
74,000
81,000
9
Transactions with related parties
Included within other debtors is an amount of £52,000 (2024 £Nil) owed to the company from a related undertaking. The loan is interest free and is repayable on demand.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).