Company Registration No. 11355402 (England and Wales)
D & P (Lancaster) Limited
Unaudited accounts
for the year ended 31 July 2026
D & P (Lancaster) Limited
Unaudited accounts
Contents
D & P (Lancaster) Limited
Company Information
for the year ended 31 July 2026
Directors
Peter Charnley
David Cookson
Company Number
11355402 (England and Wales)
Registered Office
Hare House
732 Whittingham Lane
Preston
PR3 2JJ
Accountants
The Tax Farm
Hare House
732 Whittingham Lane
Preston
PR3 2JJ
D & P (Lancaster) Limited
Statement of financial position
as at 31 July 2026
Investment property
2,615,000
2,590,000
Cash at bank and in hand
53,225
24,847
Creditors: amounts falling due within one year
(212,009)
(257,558)
Net current liabilities
(153,652)
(227,138)
Total assets less current liabilities
2,461,348
2,362,862
Creditors: amounts falling due after more than one year
(1,653,348)
(1,653,348)
Provisions for liabilities
Deferred tax
(168,061)
(178,015)
Net assets
639,939
531,499
Called up share capital
500
500
Profit and loss account
639,439
530,999
Shareholders' funds
639,939
531,499
For the year ending 31 July 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 12 October 2026 and were signed on its behalf by
Peter Charnley
Director
Company Registration No. 11355402
D & P (Lancaster) Limited
Notes to the Accounts
for the year ended 31 July 2026
D & P (Lancaster) Limited is a private company, limited by shares, registered in England and Wales, registration number 11355402. The registered office is Hare House, 732 Whittingham Lane, Preston, PR3 2JJ.
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.
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:
Fixtures & fittings
33% - Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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.
D & P (Lancaster) Limited
Notes to the Accounts
for the year ended 31 July 2026
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 August 2025
2,590,000
Net gain from fair value adjustments
25,000
The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors at the year end.
Amounts falling due within one year
Accrued income and prepayments
449
890
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
24,495
519
Other creditors
79,034
143,963
Loans from directors
87,704
107,250
Deferred income
20,776
5,826
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Creditors: amounts falling due after more than one year
2026
2025
Bank loans
1,653,348
1,653,348
D & P (Lancaster) Limited
Notes to the Accounts
for the year ended 31 July 2026
9
Deferred taxation
2026
2025
Revaluation of investment property
168,061
178,015
Provision at start of year
178,015
188,317
Credited to the profit and loss account
(9,954)
(10,302)
Provision at end of year
168,061
178,015
10
Transactions with related parties
The following amounts were outstanding at the reporting date:
Amounts due to related parties:-
Market St Ltd - £72,617 (2025 - £88,317)
The amount outstanding to Market St Ltd, a company in which both Mr. P. Charnley & Mr. D. Cookson are directors and shareholders, is in respect of a loan. No interest was charged on the loan during the period.
P&PC Surveyors Ltd - £Nil (2025 - £49,000)
The amount outstanding to P&PC Surveyors Ltd, a company in which Mr. P. Charnley is a director and shareholder, is in respect of a loan. No interest was charged on the loan during the period.
P&M Properties - £1,734 (2025 - £1,734)
The amount outstanding to P&M Properties, a partnership in which Mr. P. Charnley is a partner, is in respect of a loan. No interest was charged on the loan during the period.
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Average number of employees
During the year the average number of employees was 0 (2025: 0).