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Company Registration No. 15747226 (England and Wales)
DLFM Property Ltd Unaudited accounts for the year ended 31 May 2026
DLFM Property Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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DLFM Property Ltd Company Information for the year ended 31 May 2026
Directors
D W Mason L C Mason
Company Number
15747226 (England and Wales)
Registered Office
28 Larkfield Way Brighton East Sussex BN1 8EF United Kingdom
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DLFM Property Ltd Statement of financial position as at 31 May 2026
2026
2025
Notes
£
£
Fixed assets
Investment property
4
650,000
522,387
Current assets
Cash at bank and in hand
53,955
86,849
Creditors: amounts falling due within one year
5
(624)
(1,404)
Net current assets
53,331
85,445
Total assets less current liabilities
703,331
607,832
Creditors: amounts falling due after more than one year
6
(584,308)
(606,308)
Provisions for liabilities
Deferred tax
(19,804)
-
Net assets
99,219
1,524
Capital and reserves
Called up share capital
2
2
Profit and loss account
99,217
1,522
Shareholders' funds
99,219
1,524
For the year ending 31 May 2026 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 16 July 2026 and were signed on its behalf by
D W Mason Director Company Registration No. 15747226
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DLFM Property Ltd Notes to the Accounts for the year ended 31 May 2026
1
Statutory information
DLFM Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 15747226. The registered office is 28 Larkfield Way, Brighton, East Sussex, BN1 8EF, 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.
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.
Investment property
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.
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.
4
Investment property
2026
£
Fair value at 1 June 2025
522,387
Net gain from fair value adjustments
127,613
At 31 May 2026
650,000
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
-
592
Loans from directors
624
812
624
1,404
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DLFM Property Ltd Notes to the Accounts for the year ended 31 May 2026
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
225,000
225,000
Loans from directors
359,308
381,308
584,308
606,308
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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