Desiva Investments Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 03817866

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,573,965		3,573,965

			3,573,965		3,573,965
CURRENT ASSETS
Debtors		14,103		16,721
Cash at bank and in hand		293,679		74,357

		307,782		91,078
Creditors: Amounts Falling Due Within One Year		(2,792,910 )		(2,666,357 )

NET CURRENT ASSETS (LIABILITIES)			(2,485,128 )		(2,575,279 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,088,837		998,686

Creditors: Amounts Falling Due After More Than One Year			(137,930 )		(140,215 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(80,426 )		(80,426 )

NET ASSETS			870,481		778,045

CAPITAL AND RESERVES
Called up share capital	5		106		106
Fair value reserve	6		445,864		445,864
Profit and Loss Account			424,511		332,075

SHAREHOLDERS' FUNDS			870,481		778,045

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Desiva Investments Limited

Abridged Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Dean Sibley Director	Mr Simon Sibley Director
26/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Desiva Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03817866 . The registered office is Unit 37 Rassau Industrial Estate, Rassau, Ebbw Vale, NP23 5SD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% Reducing balance basis

2.3. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

2.4. 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 statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Desiva Investments Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Total
	£
Cost or Valuation
As at 1 September 2024	3,583,403

As at 31 August 2025	3,583,403

Depreciation
As at 1 September 2024	9,438

As at 31 August 2025	9,438

Net Book Value
As at 31 August 2025	3,573,965

As at 1 September 2024	3,573,965

During the year the investment property portfolio was valued by the directors, who are suitably knowledgeable in the area, with a fair value, including additions, of £3,573,965 (2024: £3,573,965).

Any profit/(loss) arising on fair value has been recognised in the profit and loss account.

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	106	106

6. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 September 2024	445,864	332,075
Profit for the year and total comprehensive income	-	92,436

As at 31 August 2025	445,864	424,511

7. Related Party Transactions

Key management personnel

Directors

The directors made interest free, unsecured and repayable on demand loans during the year to the company. At the balance sheet date the amount due to the directors was £137,929 (2024: £140,215)

Companies under common control

Common Control

During the year the company received new interest free, repayable on demand loans, from companies under common control totalling £130,000 (2024: £414,223). At the balance sheet date the amount due to related parties was £2,735,223 (2024: £2,605,223).

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