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Company Registration No. 10914835 (England and Wales)
DNP (Peterborough) Properties Ltd Unaudited accounts for the year ended 31 March 2025
DNP (Peterborough) Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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DNP (Peterborough) Properties Ltd Company Information for the year ended 31 March 2025
Directors
Dharmesh Patel Niranjan Patel
Company Number
10914835 (England and Wales)
Registered Office
21 Eye Road Peterborough Cambridgeshire PE1 4SA England
Accountants
Griffin and Sage Limited 172 Park Road Peterborough PE1 2UF
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DNP (Peterborough) Properties Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
952
1,190
Investment property
5
249,562
214,562
250,514
215,752
Current assets
Cash at bank and in hand
1,669
3,361
Creditors: amounts falling due within one year
6
(185,776)
(190,358)
Net current liabilities
(184,107)
(186,997)
Net assets
66,407
28,755
Capital and reserves
Called up share capital
100
100
Fair value reserve
55,000
20,000
Profit and loss account
11,307
8,655
Shareholders' funds
66,407
28,755
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 11 March 2026 and were signed on its behalf by
Dharmesh Patel Director Company Registration No. 10914835
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DNP (Peterborough) Properties Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
DNP (Peterborough) Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10914835. The registered office is 21 Eye Road, Peterborough, Cambridgeshire, PE1 4SA, 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.
3
Accounting policies
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
20% Reducing Balance
Investment property
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.
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DNP (Peterborough) Properties Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
1,487
At 31 March 2025
1,487
Depreciation
At 1 April 2024
297
Charge for the year
238
At 31 March 2025
535
Net book value
At 31 March 2025
952
At 31 March 2024
1,190
5
Investment property
2025
£
Fair value at 1 April 2024
214,562
Net gain from fair value adjustments
35,000
At 31 March 2025
249,562
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
181,481
181,527
Taxes and social security
1,140
449
Loans from directors
1,705
7,062
Accruals
1,450
1,320
185,776
190,358
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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