Double Value Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02987840 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

DOUBLE VALUE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dilharlal Devraj Shah

Darsheel Manhar Devraj Shah

Amit Dilharlal Shah

REGISTERED OFFICE:

Laxmi House

2-B Draycott Avenue

Kenton

Harrow

HA3 0BU

REGISTERED NUMBER:

02987840 (England and Wales)

ACCOUNTANTS:

David Simon Limited

Chartered Certified Accountants

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Investment property

4

2,500,000

CURRENT ASSETS

Debtors

5

537,000

559,000

Cash at bank

12,341

17,763

549,341

576,763

CREDITORS

Amounts falling due within one year

6

119,700

142,245

NET CURRENT ASSETS

429,641

434,518

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,929,641

2,934,518

CREDITORS

Amounts falling due after more than one
year

7

(1,446,881

)

(1,476,962

)

PROVISIONS FOR LIABILITIES

10

(313,973

)

(204,637

)

NET ASSETS

1,168,787

1,252,919

CAPITAL AND RESERVES

Called up share capital

11

1,000

Revaluation reserve

12

1,255,893

Retained earnings

12

(88,106

)

(3,974

)

SHAREHOLDERS' FUNDS

1,168,787

1,252,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by:

Amit Dilharlal Shah - Director

1.	STATUTORY INFORMATION

Double Value Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income from investment properties and is recognised in the period to which it relates.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

2,500,000

NET BOOK VALUE

At 31 December 2025

2,500,000

At 31 December 2024

2,500,000

The directors consider that the carrying value of the investment properties at the balance sheet date is not materially different from their fair value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

537,000

559,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Tax

7,811

4,088

Social security and other taxes

146

Other creditors

15,450

29,367

Directors' current accounts

93,893

106,244

Accrued expenses

2,400

119,700

142,245

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans (see note 8)

1,446,881

1,476,962

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,446,881

1,476,962

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,446,881

1,476,962

9.	SECURED DEBTS

The company's borrowings are secured by fixed and floating charges over the company's investment properties and assets.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

313,973

204,637

Deferred

tax

£

Balance at 1 January 2025

204,637

Provided during year

109,336

Balance at 31 December 2025

313,973

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,000

Ordinary

1

1,000

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 January 2025

(3,974

)

1,255,893

1,251,919

Deficit for the year

(84,132

)

(84,132

)

At 31 December 2025

(88,106

)

1,255,893

1,167,787

13.	RELATED PARTY DISCLOSURES

Included in debtors are the amounts of £537,000 (2024: £559,000) due from related companies by virtue of common directorship and in which the directors' hold material interest.

There are no terms as interest or repayment in respect of the above amounts.