Dalby Realty Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09871237

DALBY REALTY LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2025

DALBY REALTY LIMITED

BALANCE SHEET

31 March 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Investment properties	4		650,000	650,000

CURRENT ASSETS

Debtors	5	507,966	47,000
Cash at bank and in hand		10,268	5,626
		----------	---------
		518,234	52,626

CREDITORS: amounts falling due within one year	6	( 735,264)		( 738,228)
		----------		----------
NET CURRENT LIABILITIES			( 217,030)	( 685,602)
			----------	----------
TOTAL ASSETS LESS CURRENT LIABILITIES			432,970	( 35,602)

CREDITORS: amounts falling due after more than one year	7	( 465,695)	–
		----------	---------
NET LIABILITIES		( 32,725)	( 35,602)
		----------	---------

CAPITAL AND RESERVES

Called up share capital	2	2
Profit and loss account	( 32,727)	( 35,604)
	---------	---------
SHAREHOLDER DEFICIT	( 32,725)	( 35,602)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

DALBY REALTY LIMITED

BALANCE SHEET (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 15 June 2026 , and are signed on behalf of the board by:

Mr P Englander
Director

Company registration number: 09871237

DALBY REALTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 22 Cazenove Mansions, Cazenove Road, London, N16 6AR, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Investment properties

Investment properties are properties which are held either to earn rental income or for capital appreciation or for both. Investment properties are recognised initially at cost. Subsequent to initial recognition - Investment properties whose fair value can be measured reliably without undue cost or effort are held at fair value. Any gains or losses arising from changes in the fair value are recognised in the profit and loss account in the period that they arise; and - No depreciation is provided in respect of investment properties applying the fair value model. This treatment, as regards the company's investment properties, may be a departure from the requirements of the Companies Act concerning depreciation of fixed assets. However, these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified. Acquisitions and disposals of properties Acquisitions and disposals are considered to have taken place at the date of legal completion and are included in the financial statements accordingly.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. INVESTMENT PROPERTIES

	Freehold property
	£
Fair value
At 1 April 2024 and 31 March 2025	650,000
	----------
Carrying amount
At 31 March 2025	650,000
	----------
At 31 March 2024	650,000
	----------

The historical cost of the property is £650,000. Investment property fair value is determined by the Directors based on their understanding of property market conditions and the specific property concerned, using a sales valuation approach, derived from recent comparable transactions on the market, adjusted by applying discounts to reflect status of occupation and condition.

5. DEBTORS

	2025	2024
	£	£
Trade debtors	4,901	–
Other debtors	503,065	47,000
	----------	---------
	507,966	47,000
	----------	---------

6. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings	711,635	709,599
Social security and other taxes	309	309
Other creditors	23,320	28,320
	----------	----------
	735,264	738,228
	----------	----------

7. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	465,695	–
	----------	----

8. DIRECTORS' INTERESTS IN CONTRACTS

Included in debtors is £440,000 due from companies connected with the directors. Included in creditors is £711,635 due to companies connected with the directors.

9. PARENT COMPANY AND CONTROLLING PARTY

The ultimate parent company is Consort Property Limited, a company registered in England and Wales