Diar Properties Ltd Accounts






Diar Properties Ltd

	Company No. 08025146
		Information for Filing with The Registrar
		30 April 2025

at	30 April 2025
Company No.		08025146	Notes	2025	2024
				£	£
Fixed assets


	Investment property		4	1,913,000	1,999,000

				1,913,000	1,999,000
Current assets



	Cash at bank and in hand			229	11,067
				229	11,067
Creditors: Amount falling due within one year			5	(19,513)	(16,500)
Net current liabilities				(19,284)	(5,433)
Total assets less current liabilities				1,893,716	1,993,567
Creditors: Amounts falling due after more than one year			6	(1,228,773)	(1,259,700)
Provisions for liabilities
	Deferred taxation			(207,978)	(224,318)

Net assets				456,965	509,549

Capital and reserves
	Called up share capital			50	50



	Profit and loss account		8	456,915	509,499

Total equity				456,965	509,549



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 April 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 16 January 2026 and signed on its behalf by:
M.A. Janmohamed
Director
16 January 2026

for the year ended 30 April 2025

General information

Diar Properties Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 08025146

Its registered office is:

Suite G1

Hartsbourne House

Delta Gain

Watford

WD19 5EF

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are presented in Great British Pounds (£) which is the functional and presentational currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

Accounting policies

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. These estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and the future periods where the revision affects both current and future periods.

Turnover

Turnover comprises rental income receivable in the year. Rental income is recognised on an accrual basis as it falls due.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 May 2024	1,999,000

		Revaluation	(86,000)

		At 30 April 2025	1,913,000


		The directors have revalued the investment property as at 30 April 2025 to be £1,913,000.

5	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	11,069	9,797


		Trade creditors	1,600	2,000

		Taxes and social security	2,844	2,703


		Accruals and deferred income	4,000	2,000
			19,513	16,500

6	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	1,225,532	1,228,704




		Other creditors	3,241	30,996

			1,228,773	1,259,700

		Liabilities repayable in more than five years after the balance sheet date

		Amount repayable otherwise than by instalments	1,200,945	1,200,945
			1,200,945	1,200,945

		The bank loans are secured against the company's properties. Included in other creditors is an amount of £3,241 (2024: £30,996) due to shareholders.

Share Capital

The company has allotted and fully paid 50 ordinary shares of £1 each.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Guarantees and commitments
			2025	2024
			£	£
		Total of guarantees and commitments	6,910	11,788