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Company Registration No. 12984755 (England and Wales)
Dp Property 2 Limited Unaudited accounts for the year ended 30 September 2025
Dp Property 2 Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Dp Property 2 Limited Company Information for the year ended 30 September 2025
Directors
PHILIP COWAN DIANNE SIMPSON
Company Number
12984755 (England and Wales)
Registered Office
Thornton Manor Manor Road Thornton Hough Wirral Merseyside CH63 1JB England
Accountants
Mr Benjamen Mansell LLB (Hons) FMAAT
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Dp Property 2 Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
351,050
351,312
Current assets
Debtors
5
46,916
655,063
Cash at bank and in hand
102,533
2,774
149,449
657,837
Creditors: amounts falling due within one year
6
(336,804)
(814,298)
Net current liabilities
(187,355)
(156,461)
Total assets less current liabilities
163,695
194,851
Creditors: amounts falling due after more than one year
7
(230,145)
(230,145)
Provisions for liabilities
Deferred tax
(4,414)
(4,414)
Net liabilities
(70,864)
(39,708)
Capital and reserves
Called up share capital
1
1
Revaluation reserve
17,656
17,656
Profit and loss account
(88,521)
(57,365)
Shareholders' funds
(70,864)
(39,708)
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by
DIANNE SIMPSON Director Company Registration No. 12984755
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Dp Property 2 Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Dp Property 2 Limited is a private company, limited by shares, registered in England and Wales, registration number 12984755. The registered office is Thornton Manor, Manor Road, Thornton Hough, Wirral, Merseyside, CH63 1JB, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Land & buildings
NOT DEPRECIATED
Fixtures & fittings
20% RB
Deferred taxation
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.
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Dp Property 2 Limited Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
350,000
1,640
351,640
At 30 September 2025
350,000
1,640
351,640
Depreciation
At 1 October 2024
-
328
328
Charge for the year
-
262
262
At 30 September 2025
-
590
590
Net book value
At 30 September 2025
350,000
1,050
351,050
At 30 September 2024
350,000
1,312
351,312
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
46,916
655,063
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
336,804
814,298
Within the "other creditors" figure is £4,339 due to Dawpool Properties Ltd, £6,444 due to Thornton Park Estate Ltd, £43,846 due to Thornton Manor Country Estate Ltd and £282,175 due to Philip Cowan.
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
230,145
230,145
8
Transactions with related parties
Within the "other debtors" figure is £41,775 due from D P Property 3 Ltd, £5,141 due from D P Property 4 Ltd.
9
Controlling party
The ultimate controlling party is considered to be Philip Cowan who owns 100% of the issued shares of Thornton Manor North West Holdings Ltd who in turn owns 100% of the issued share capital of D P Property 2 Ltd.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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