ACCOUNTS - Final Accounts preparation

Registered number: 16001772

DARNLEY DS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2025

DARNLEY DS LIMITED

REGISTERED NUMBER: 16001772

BALANCE SHEET

AS AT 31 OCTOBER 2025

		2025
Note		£

Fixed assets
Investment property	4		487,746
			487,746
Current assets
Debtors: amounts falling due within one year	5	1,761
Cash at bank and in hand	6	8,418
		10,179
Creditors: amounts falling due within one year	7	(55,457)
Net current (liabilities)/assets			(45,278)
Total assets less current liabilities			442,468
Creditors: amounts falling due after more than one year	8		(440,977)

Net assets			1,491

Capital and reserves
Called up share capital	10	1
Profit and loss account		1,490
		1,491

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DARNLEY DS LIMITED

REGISTERED NUMBER: 16001772

BALANCE SHEET (CONTINUED)

AS AT 31 OCTOBER 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question 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 financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

D S Sandhu

Director

Date: 17 April 2026

The notes on pages 3 to 7 form part of these financial statements.

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DARNLEY DS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2025

1.	General information

Darnley DS Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Charles Lake House, Claire Causeway, Dartford, Kent, DA2 6QA.

The company's principal activity includes that of residential property letting.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

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DARNLEY DS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

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.

2.11

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the period was 3.

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DARNLEY DS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2025

4.	Investment property

		Freehold investment property
		£
	Valuation
	Additions at cost	487,746
	At 31 October 2025	487,746

The 2025 valuations were made by the directors, on an open market value basis.

Debtors

					2025
					£


	Trade debtors	1,109
	Prepayments and accrued income	652
		1,761

6.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	8,418
		8,418

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DARNLEY DS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2025

7.	Creditors: Amounts falling due within one year
		2025
		£

	Bank loans	51,900
	Corporation tax	607
	Accruals and deferred income	2,950
		55,457

8.	Creditors: Amounts falling due after more than one year
		2025
		£

	Bank loans	60,560
	Other creditors	380,417
		440,977

Secured loans

Bank loans of £112,460 are secured by a fixed charge over the investment properties held by the company.

9.	Loans
	Analysis of the maturity of loans is given below:
		2025
		£

	Amounts falling due within one year
	Bank loans	51,900
	Amounts falling due 1-2 years
	Bank loans	2,942
	Amounts falling due 2-5 years
	Bank loans	10,073
	Amounts falling due after more than 5 years
	Bank loans	47,545
		112,460

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DARNLEY DS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2025

10.	Share capital
		2025
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1.00	1

Upon incorporation, 1 Ordinary share of £1 was issued at par.

11.	Related party transactions
	Included within other creditors due in more than one year are loans totalling £380,417 owed to the directors. No interest has been charged on these loans. These loans are repayable upon demand.

12.	Controlling party

The company is controlled by its shareholder, D S Sandhu.

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