1 March 2025 false No description of principal activity Taxfiler 2024.6 05550046 business:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 05550046 2025-02-28 05550046 2025-03-01 2026-02-28 05550046 business:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 05550046 business:FilletedAccounts 2025-03-01 2026-02-28 05550046 2026-02-28 05550046 2025-02-28 05550046 core:WithinOneYear 2026-02-28 05550046 core:WithinOneYear 2025-02-28 05550046 core:AfterOneYear 2026-02-28 05550046 core:AfterOneYear 2025-02-28 05550046 core:ShareCapital core:PreviouslyStatedAmount 2026-02-28 05550046 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 05550046 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-02-28 05550046 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 05550046 core:PreviouslyStatedAmount 2026-02-28 05550046 core:PreviouslyStatedAmount 2025-02-28 05550046 business:SmallEntities 2025-03-01 2026-02-28 05550046 business:Director1 2025-03-01 2026-02-28 05550046 countries:EnglandWales 2025-03-01 2026-02-28 05550046 business:RegisteredOffice 2025-03-01 2026-02-28 05550046 core:LandBuildings 2025-03-01 2026-02-28 05550046 core:LandBuildings 2025-02-28 05550046 core:LandBuildings 2026-02-28 05550046 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure
Company Registration No. 05550046 (England and Wales)
Driss Properties Limited Unaudited accounts for the year ended 28 February 2026
Driss Properties Limited Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
120,000
120,000
Current assets
Cash at bank and in hand
(5,019)
(5,177)
Creditors: amounts falling due within one year
5
(116,292)
(85,810)
Net current liabilities
(121,311)
(90,987)
Total assets less current liabilities
(1,311)
29,013
Creditors: amounts falling due after more than one year
6
-
(28,182)
Net (liabilities)/assets
(1,311)
831
Capital and reserves
Called up share capital
2
2
Profit and loss account
(1,313)
829
Shareholders' funds
(1,311)
831
For the year ending 28 February 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 28 July 2026 and were signed on its behalf by
Stephen Jenkins Director Company Registration No. 05550046
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Driss Properties Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Driss Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 05550046. The registered office is 40 Queens Drive, Taunton, Somerset, TA1 4XW, 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.
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
Held at cost
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 March 2025
120,000
At 28 February 2026
120,000
Depreciation
At 28 February 2026
-
Net book value
At 28 February 2026
120,000
At 28 February 2025
120,000
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
28,792
1,720
Loans from directors
87,020
83,650
Accruals
480
440
116,292
85,810
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Driss Properties Limited Notes to the Accounts for the year ended 28 February 2026
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
-
28,182
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
- 4 -