0 false false false false false false false true false false true false false false false false false No description of principal activity 2025-06-01 Sage Accounts Production Advanced 2025 - FRS102_2025 2,625,022 2,625,022 2,625,022 xbrli:pure xbrli:shares iso4217:GBP 10169574 2025-06-01 2026-05-31 10169574 2026-05-31 10169574 2025-05-31 10169574 2024-09-01 2025-05-31 10169574 2025-05-31 10169574 2024-08-31 10169574 bus:Director1 2025-06-01 2026-05-31 10169574 bus:Director3 2025-06-01 2026-05-31 10169574 core:WithinOneYear 2026-05-31 10169574 core:WithinOneYear 2025-05-31 10169574 core:ShareCapital 2026-05-31 10169574 core:ShareCapital 2025-05-31 10169574 core:RetainedEarningsAccumulatedLosses 2026-05-31 10169574 core:RetainedEarningsAccumulatedLosses 2025-05-31 10169574 core:LandBuildings 2026-05-31 10169574 core:LandBuildings 2025-05-31 10169574 bus:Director2 2025-06-01 2026-05-31 10169574 bus:SmallEntities 2025-06-01 2026-05-31 10169574 bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 10169574 bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 10169574 bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 10169574 bus:FullAccounts 2025-06-01 2026-05-31
COMPANY REGISTRATION NUMBER: 10169574

Destrier Property Ltd

Filleted Unaudited Financial Statements

31 May 2026

Destrier Property Ltd

Financial Statements

Year ended 31 May 2026

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 2

Destrier Property Ltd

Statement of Financial Position

31 May 2026

| 2026 | 2025
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 2,625,022 | 2,625,022

Current assets

Debtors | 5 | 553 |  | 553

Creditors: amounts falling due within one year | 6 | 2,547,468 |  | 2,547,468
| ------------ |  | ------------
Net current liabilities |  | 2,546,915 | 2,546,915
|  | ------------ | ------------
Total assets less current liabilities |  | 78,107 | 78,107
|  | -------- | --------

Capital and reserves

Called up share capital |  | 1 | 1
Profit and loss account |  | 78,106 | 78,106
|  | -------- | --------
Shareholders funds |  | 78,107 | 78,107
|  | -------- | --------

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 statement of comprehensive income has not been delivered.
The company did not trade during the current year or prior period and has not made either a profit or loss.
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 11 August 2026 , and are signed on behalf of the board by:

Mr A Chandler | Mr W Chandler
Director | Director

Company registration number: 10169574

Destrier Property Ltd

Notes to the Financial Statements

Year ended 31 May 2026
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN, 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.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior period and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior period.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4. Tangible assets

| Investment Properties
| £
Fair Value |
At 1 June 2025 and 31 May 2026 | 2,625,022
| ------------
Depreciation |
At 1 June 2025 and 31 May 2026 | –
| ------------
Carrying amount |
At 31 May 2026 | 2,625,022
| ------------
At 31 May 2025 | 2,625,022
| ------------

Investment property is stated at the directors valuation at the balance sheet date on an open market basis.
5. Debtors

| 2026 | 2025
| £ | £
Other debtors | 553 | 553
| ---- | ----

6. Creditors: amounts falling due within one year

| 2026 | 2025
| £ | £
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 2,332,468 | 2,332,468
Other creditors | 215,000 | 215,000
| ------------ | ------------
| 2,547,468 | 2,547,468
| ------------ | ------------

7. Related party transactions
At the balance sheet date the company owed 2,332,468 (2024:£2,332,468) to Barwark Limited. The loan is interest free and payable on demand.
8. Controlling party
Destrier Property Limited is 100% subsidiary of Barwark Limited, a company under the control of W Chandler.