Company Registration No. 10647853 (England and Wales)
Dalal Properties Limited
Unaudited accounts
for the year ended 31 March 2026
Dalal Properties Limited
Unaudited accounts
Contents
Dalal Properties Limited
Company Information
for the year ended 31 March 2026
Company Number
10647853 (England and Wales)
Registered Office
1st Floor Waterfront One
Waterfront Business Park
Brierley Hill
West Midlands
DY5 1LX
England
Dalal Properties Limited
Statement of financial position
as at 31 March 2026
Investment property
1,250,000
1,250,000
Cash at bank and in hand
41,947
5,532
Creditors: amounts falling due within one year
(14,788)
(11,395)
Net current assets
82,159
46,137
Total assets less current liabilities
1,332,159
1,296,137
Creditors: amounts falling due after more than one year
(896,997)
(896,978)
Provisions for liabilities
Deferred tax
(74,000)
(74,000)
Net assets
361,162
325,159
Called up share capital
1
1
Revaluation reserve
296,580
296,580
Profit and loss account
64,581
28,578
Shareholders' funds
361,162
325,159
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 1 October 2026 and were signed on its behalf by
B Dalal
Director
Company Registration No. 10647853
Dalal Properties Limited
Notes to the Accounts
for the year ended 31 March 2026
Dalal Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10647853. The registered office is 1st Floor Waterfront One, Waterfront Business Park, Brierley Hill, West Midlands, DY5 1LX, 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.
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.
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.
Turnover represents rent receivable in relation to investment properties.
Fair value at 1 April 2025
1,250,000
At 31 March 2026
1,250,000
The 2026 valuations were made by the director, the property cost represents the fair value, on an open market value for existing use basis.
Amounts falling due within one year
Other debtors
55,000
52,000
Dalal Properties Limited
Notes to the Accounts
for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
7,146
2,000
Other creditors
6,242
5,803
Loans from directors
-
183
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
896,997
896,978
Bank loans are interest only and secured against the investment property.
8
Transactions with related parties
Included within other debtors is an amount of £52,000 (2025: £52,000) owed to the company from a related undertaking. The loan is interest free and is repayable on demand.
Also included within other debtors is an amount of £3,000 (2025: Nil) due from the director of the company. This loan is interest free and will be reapid in full prior to 31 December 2026.
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).