Company Registration No. 11990768 (England and Wales)
DK Commercial Properties Limited
Unaudited accounts
for the year ended 31 May 2025
DK Commercial Properties Limited
Unaudited accounts
Contents
DK Commercial Properties Limited
Company Information
for the year ended 31 May 2025
Company Number
11990768 (England and Wales)
Registered Office
Unit 3b Wentworth House
Maple Court
Tankersley, Barnsley
South Yorkshire
S75 3DP
United Kingdom
DK Commercial Properties Limited
Statement of financial position
as at 31 May 2025
Tangible assets
44,660
59,547
Investment property
6,781,758
6,275,135
Cash at bank and in hand
42,167
11,118
Creditors: amounts falling due within one year
(3,631,552)
(3,921,724)
Net current liabilities
(2,611,069)
(3,005,910)
Total assets less current liabilities
4,215,351
3,328,774
Creditors: amounts falling due after more than one year
(3,326,322)
(2,781,266)
Provisions for liabilities
Deferred tax
(126,233)
(126,233)
Net assets
762,796
421,275
Called up share capital
100
100
Fair value reserve
538,150
538,150
Profit and loss account
224,546
(116,975)
Shareholders' funds
762,796
421,275
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 28 May 2026 and were signed on its behalf by
Mr Vipul Sharma
Director
Company Registration No. 11990768
DK Commercial Properties Limited
Notes to the Accounts
for the year ended 31 May 2025
DK Commercial Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11990768. The registered office is Unit 3b Wentworth House, Maple Court, Tankersley, Barnsley, South Yorkshire, S75 3DP, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% on reducing balance
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.
Investments in shares are included at fair value.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
DK Commercial Properties Limited
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Fixtures & fittings
Charge for the year
14,887
Fair value at 1 June 2024
6,275,135
Fair value at 31 May 2025 is represented by:
Valuation in 2025 £6,781,758
If investment property had not been revalued it would have been included at the following historical cost of £6,055,174 (31/5/2024 £5,548,552).
Investment Property was valued on an open market basis on 31 May 2025 by the director.
6
Investments
Subsidiary undertakings
Valuation at 1 June 2024
2
Valuation at 31 May 2025
2
The company's investments at the balance sheet date in the share capital of companies include the following:
Company Name/% holding/Total capital & reserve/Profit/(Loss) for the year:
DK Commercial Properties 2 Ltd - 100% /£1295514 /£57056.
DK Commercial Properties 3 Ltd - 100% /(£4574) /(£4575).
DK Commercial Properties Limited
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
Trade debtors
90,848
120,256
Accrued income and prepayments
-
31,356
Other debtors
887,468
753,084
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
166,824
211
Taxes and social security
100,186
41,114
Other creditors
3,232,684
3,880,399
9
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
3,326,322
2,781,266
Aggregate of amounts that fall due for payment after five years
-
2,750,016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).