D R Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03644682 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

D R Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M N Pangborn

D K Smithies

Miss C E Watts

REGISTERED OFFICE:

Mill Farm, Station Road

Flax Bourton

Bristol

Avon

BS48 1NG

REGISTERED NUMBER:

03644682 (England and Wales)

ACCOUNTANTS:

Peter Mossman Consultants Limited

87 High Street

Hanham

Bristol

BS15 3QG

FIXED ASSETS

Tangible assets

3

14,893,479

14,784,814

CURRENT ASSETS

Debtors

4

722,545

745,621

Cash at bank

158,332

48,368

880,877

793,989

CREDITORS

Amounts falling due within one year

5

4,489,123

4,338,364

NET CURRENT LIABILITIES

(3,608,246

)

(3,544,375

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,285,233

11,240,439

CREDITORS

Amounts falling due after more than one
year

6

(4,359,940

)

(4,359,940

)

PROVISIONS FOR LIABILITIES

(1,192,439

)

(1,192,439

)

NET ASSETS

5,732,854

5,688,060

CAPITAL AND RESERVES

Called up share capital

1,002

Revaluation reserve

7

5,602,053

Retained earnings

129,799

85,005

5,732,854

5,688,060

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 23 June 2026 and were signed on its behalf by:

Miss C E Watts - Director

1.	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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 October 2024

14,783,459

74,628

14,858,087

Additions

95,473

18,041

113,514

At 30 September 2025

14,878,932

92,669

14,971,601

DEPRECIATION

At 1 October 2024

-

73,273

Charge for year

-

4,849

At 30 September 2025

-

78,122

NET BOOK VALUE

At 30 September 2025

14,878,932

14,547

14,893,479

At 30 September 2024

14,783,459

1,355

14,784,814

Included in cost or valuation of land and buildings is freehold land of £ 2,904,215 (2024 - £ 2,904,215 ) which is not depreciated.

Cost or valuation at 30 September 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2025

5,602,053

-

5,602,053

Cost

9,276,879

92,669

9,369,548

14,878,932

92,669

14,971,601

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

30.9.25

30.9.24

£

Cost

9,276,879

9,181,405

Value of land in freehold land and buildings

2,904,215

Freehold land and buildings were valued on an open market basis basis on 30 September 2025 by the directors .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade debtors

556,061

548,418

Amounts owed by participating interests

57,413

79,662

Other debtors

109,071

117,541

722,545

745,621

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade creditors

310,065

352,863

Amounts owed to group undertakings

2,990,316

Taxation and social security

61,269

16,957

Other creditors

1,127,473

978,228

4,489,123

4,338,364

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.9.25

30.9.24

£

Bank loans

4,359,940

7.

RESERVES

Revaluation

reserve

£

At 1 October 2024

and 30 September 2025

5,602,053