Company Registration No. 14063669 (England and Wales)
DK Commercial Properties 2 Ltd
Unaudited accounts
for the year ended 31 May 2025
DK Commercial Properties 2 Ltd
Unaudited accounts
Contents
DK Commercial Properties 2 Ltd
Company Information
for the year ended 31 May 2025
Company Number
14063669 (England and Wales)
Registered Office
Unit 3b Wentworth House
Maple Court
Tankersley, Barnsley
South Yorkshire
S75 3DP
United Kingdom
DK Commercial Properties 2 Ltd
Statement of financial position
as at 31 May 2025
Investment property
2,850,000
2,850,000
Cash at bank and in hand
74,619
70,931
Creditors: amounts falling due within one year
(134,829)
(74,366)
Net current assets
409,484
446,259
Total assets less current liabilities
3,259,484
3,296,259
Creditors: amounts falling due after more than one year
(1,610,700)
(1,693,900)
Provisions for liabilities
Deferred tax
(306,845)
(306,845)
Net assets
1,341,939
1,295,514
Called up share capital
1
1
Fair value reserve
1,308,130
1,308,130
Profit and loss account
33,808
(12,617)
Shareholders' funds
1,341,939
1,295,514
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 16 February 2026 and were signed on its behalf by
Mr Vipul Sharma
Director
Company Registration No. 14063669
DK Commercial Properties 2 Ltd
Notes to the Accounts
for the year ended 31 May 2025
DK Commercial Properties 2 Ltd is a private company, limited by shares, registered in England and Wales, registration number 14063669. 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.
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.
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.
Fair value at 1 June 2024
2,850,000
Investment property was valued on an open market value base.
Amounts falling due within one year
Amounts due from group undertakings etc.
399,694
-
Other debtors
70,000
449,694
DK Commercial Properties 2 Ltd
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
41,600
-
Taxes and social security
20,953
10,000
Deferred income
66,667
64,366
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,610,700
1,693,900
Arbuthnot Latham hold a first ranking debenture containing fixed and floating charges over the assets of the company.
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The company is wholly owned by DK Commercial Properties Limited which is also incorporated in England and Wales.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).