REGISTERED NUMBER: 00356972 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

DANESWOOD PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P Cockram

W R Hamilton

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

00356972 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

2,316,028

2,283,785

Investment property

6

1,240,000

1,240,000

3,556,028

3,523,785

CURRENT ASSETS

Debtors

7

118,276

141,931

Cash at bank

90,211

65,176

208,487

207,107

CREDITORS

Amounts falling due within one year

8

127,458

13,930

NET CURRENT ASSETS

81,029

193,177

TOTAL ASSETS LESS CURRENT LIABILITIES

3,637,057

3,716,962

PROVISIONS FOR LIABILITIES

427,605

556,462

NET ASSETS

3,209,452

3,160,500

CAPITAL AND RESERVES

Called up share capital

9,700

9,700

Capital redemption reserve

300

300

Investments fair value reserve

1,277,216

1,137,304

Fair value reserve

536,106

536,106

Retained earnings

1,386,130

1,477,090

3,209,452

3,160,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th May 2026 and were signed on its behalf by:

W R Hamilton - Director

1.	STATUTORY INFORMATION

Daneswood Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rental and investment income.

Rental income is measured at the fair value of consideration receivable and recognised in accordance with the date of letting.

Investment income is measured at the fair value of consideration received and recognised on receipt.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Property Improvements

-

10% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Property

Improvements

£

COST

At 1st April 2024

and 31st March 2025

188,498

DEPRECIATION

At 1st April 2024

and 31st March 2025

188,498

NET BOOK VALUE

At 31st March 2025

-

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st April 2024

2,283,785

Additions

773,080

Disposals

(750,283

)

Revaluations

9,446

At 31st March 2025

2,316,028

NET BOOK VALUE

At 31st March 2025

2,316,028

At 31st March 2024

2,283,785

The book cost of listed and unlisted investments before revaluation to fair value at the year ended 31 March 2025 was £1,320,416 (2024 - £767,379).

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

1,240,000

NET BOOK VALUE

At 31st March 2025

1,240,000

At 31st March 2024

1,240,000

Investment property is valued on an open market basis as of 31 March 2025, by the directors.

The book cost of investment property before revaluation to fair value at the year ended 31 March 2025 was £525,192 (2024 - £525,192).

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

545

17,563

Other debtors

113,731

122,368

114,276

139,931

Amounts falling due after more than one year:

Other debtors

4,000

2,000

Aggregate amounts

118,276

141,931

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

118,135

4,604

Other creditors

9,323

9,326

127,458

13,930

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025:

Directors

During the year amounts advanced totalled £3,833, amounts repaid totalled £8,400. The balance due from the director at the end of year is £Nil (2024 - £4,568).