DLT Properties Limited 30/06/2025 iXBRL

Company registration number: 09486083

DLT Properties Limited

Unaudited filleted financial statements

30 June 2025

DLT Properties Limited

Statement of financial position

30 June 2025

		30/06/25		30/06/24
	Note	£	£	£	£

Fixed assets
Tangible assets	5	2,817		278,737
		_______		_______
			2,817		278,737

Current assets
Debtors	6	4,371		4,239
Cash at bank and in hand		180,528		9,929
		_______		_______
		184,899		14,168
Creditors: amounts falling due
within one year	7	( 74,745)		( 128,468)
		_______		_______
Net current assets/(liabilities)			110,154		( 114,300)
			_______		_______
Total assets less current liabilities			112,971		164,437


Provisions for liabilities			( 535)		( 16,510)

			_______		_______
Net assets			112,436		147,927
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			112,336		147,827
			_______		_______
Shareholders funds			112,436		147,927
			_______		_______

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 18 May 2026 , and are signed on behalf of the board by:

Mr D Taylor

Director

Company registration number: 09486083

DLT Properties Limited

Notes to the financial statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 35 Colworth House, Colworth Park, Sharnbrook, Bedford, MK44 1LQ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The Directors believe that the company will have adequate resources to meet its liabilities as they fall due and so to operate as a going concern for a period of at least twelve months from the date of these financial statements. The Directors therefore consider it appropriate to continue to adopt the going concern basis in the preparation of these accounts.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 July 2024	275,000	525	4,000	279,525
Disposals	( 275,000)	-	-	( 275,000)
	_______	_______	_______	_______
At 30 June 2025	-	525	4,000	4,525
	_______	_______	_______	_______
Depreciation
At 1 July 2024	-	388	400	788
Charge for the year	-	20	900	920
	_______	_______	_______	_______
At 30 June 2025	-	408	1,300	1,708
	_______	_______	_______	_______
Carrying amount
At 30 June 2025	-	117	2,700	2,817
	_______	_______	_______	_______
At 30 June 2024	275,000	137	3,600	278,737
	_______	_______	_______	_______

Investment property

Included within the above is investment property measured at fair value as follows:

		£
	At 1 July 2024	275,000
	Disposals	( 275,000)
		_______
	At 30 June 2025	-
		_______

As required by FRS102-1a the investment property is revalued at each year end by the directors.

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:


	Freehold property	Total
	£	£
At 30 June 2025
Aggregate cost	-	-
Aggregate depreciation	-	-
	_______	_______
Carrying amount	-	-
	_______	_______

At 30 June 2024
Aggregate cost	175,496	175,496
Aggregate depreciation	-	-
	_______	_______
Carrying amount	175,496	175,496
	_______	_______

6. Debtors

	30/06/25	30/06/24
	£	£
Trade debtors	3,562	3,401
Other debtors	809	838
	_______	_______
	4,371	4,239
	_______	_______

7. Creditors: amounts falling due within one year

	30/06/25	30/06/24
	£	£
Trade creditors	2,556	-
Corporation tax	25,174	-
Social security and other taxes	635	2,356
Other creditors	46,380	126,112
	_______	_______
	74,745	128,468
	_______	_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

Year ended 30/06/25
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr D Taylor	( 92,993)	69,973	( 23,020)
	Mrs L P Taylor	( 9,600)	( 12,460)	( 22,060)
		_______	_______	_______
		( 102,593)	57,513	( 45,080)
		_______	_______	_______

18 mos ended 30/06/24
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr D Taylor	( 92,993)	-	( 92,993)
	Mrs L P Taylor	-	( 9,600)	( 9,600)
		_______	_______	_______

The directors loans are interest free and repayable on demand.

9. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value
	Year	18 mos
	ended	ended
	30/06/25	30/06/24
	£	£
D T Fixing Services Ltd	-	30,000
	_______	_______

D T Fixing Services Limited is a company under common ownership.