Company Registration No. 03533839 (England and Wales)
DEARDEN LTD
Unaudited accounts
for the year ended 31 March 2026
DEARDEN LTD
Unaudited accounts
Contents
DEARDEN LTD
Statement of financial position
as at 31 March 2026
Investment property
670,750
870,000
Creditors: amounts falling due within one year
(159,158)
(311,120)
Net current liabilities
(159,158)
(311,120)
Total assets less current liabilities
511,592
558,880
Provisions for liabilities
Deferred tax
(70,456)
(92,183)
Net assets
441,136
466,697
Called up share capital
3
3
Revaluation reserve
436,124
463,867
Profit and loss account
5,009
2,827
Shareholders' funds
441,136
466,697
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 21 September 2026 and were signed on its behalf by
Joseph DEARDEN
Director
Company Registration No. 03533839
DEARDEN LTD
Notes to the Accounts
for the year ended 31 March 2026
DEARDEN LTD is a private company, limited by shares, registered in England and Wales, registration number 03533839. The registered office is High Bank, Houghton Lane, Playden, Rye, East Sussex, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Rental income from operating leases is recognised on a straight-line basis over the lease term, unless another systematic basis better represents the pattern in which income is earned. Lease incentives are recognised as a reduction of rental income over the relevant lease term.
Amounts received in advance are recognised as deferred income. Rental income earned but not received at the reporting date is recognised as a debtor, subject to any necessary impairment allowance.
Investment properties comprise land and buildings held to earn rental income, for capital appreciation, or both.
Investment properties are initially recognised at cost, including directly attributable acquisition expenditure. Subsequently, they are measured at fair value at each reporting date, with changes in fair value recognised in profit or loss.
No depreciation is charged on investment properties measured at fair value.
On disposal, the difference between net disposal proceeds and the property’s carrying amount is recognised in profit or loss.
DEARDEN LTD
Notes to the Accounts
for the year ended 31 March 2026
Deferred tax is recognised on timing differences between the recognition of income and expenditure in the financial statements and their recognition for taxation purposes.
Deferred tax on investment properties measured at fair value reflects the tax rates and allowances applicable to recovery through sale, where required by FRS 102.
Deferred tax assets are recognised only to the extent that their recovery against future taxable profits or the reversal of deferred tax liabilities is probable.
Deferred tax is measured using tax rates and legislation enacted or substantively enacted at the reporting date and is not discounted.
Fair value at 1 April 2025
870,000
Net loss from fair value adjustments
(34,250)
The properties were valued at 31 March 2026 by the director, using market valuations.
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
17,735
-
Loans from directors
140,643
310,460
6
Deferred taxation
2026
2025
Revaluation of investment property
70,456
92,183
Provision at start of year
92,183
91,613
(Credited)/charged to the profit and loss account
(21,727)
570
Provision at end of year
70,456
92,183
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).