| DE-VILLE ACCOMMODATION LIMITED |
| Registered number: |
03498856 |
| Balance Sheet |
| as at 28 February 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,293,120 |
|
|
2,590,000 |
|
| Current assets |
| Debtors |
4 |
|
320,618 |
|
|
776 |
| Cash at bank and in hand |
|
|
874,879 |
|
|
213,605 |
|
|
|
1,195,497 |
|
|
214,381 |
|
| Creditors: amounts falling due within one year |
5 |
|
(53,966) |
|
|
(53,507) |
|
| Net current assets |
|
|
|
1,141,531 |
|
|
160,874 |
|
| Total assets less current liabilities |
|
|
|
2,434,651 |
|
|
2,750,874 |
|
|
| Provisions for liabilities |
|
|
|
(49,129) |
|
|
(93,341) |
|
|
| Net assets |
|
|
|
2,385,522 |
|
|
2,657,533 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
2,385,520 |
|
|
2,657,531 |
|
| Shareholders' funds |
|
|
|
2,385,522 |
|
|
2,657,533 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| R J Damant |
| Director |
| Approved by the board on 20 November 2025 |
|
| DE-VILLE ACCOMMODATION LIMITED |
| Notes to the Accounts |
| for the year ended 28 February 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover comprises rents receivable from properties under management. |
|
|
Tangible fixed assets |
|
Tangible fixed assets, with the exception of investment properties, are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Furniture, fixtures and fittings |
over 4 years |
|
|
Investment Properties |
|
Investment properties are measured at fair value. Changes in fair value are included in the profit and loss account. Deferred tax based on the revalued amounts is provided at the rate expected to apply on future sales. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued investment properties where the tax rate expected to apply to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 March 2024 |
2,590,000 |
|
11,091 |
|
2,601,091 |
|
Loss on revaluation |
(151,880) |
|
- |
|
(151,880) |
|
Disposals |
(1,145,000) |
|
(11,091) |
|
(1,156,091) |
|
At 28 February 2025 |
1,293,120 |
|
- |
|
1,293,120 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2024 |
- |
|
11,091 |
|
11,091 |
|
On disposals |
- |
|
(11,091) |
|
(11,091) |
|
At 28 February 2025 |
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2025 |
1,293,120 |
|
- |
|
1,293,120 |
|
At 29 February 2024 |
2,590,000 |
|
- |
|
2,590,000 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
906,366 |
|
1,841,805 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors - property sale |
319,207 |
|
- |
|
Other debtors |
1,411 |
|
776 |
|
|
|
|
|
|
320,618 |
|
776 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
38,222 |
|
39,561 |
|
Other creditors |
15,744 |
|
13,946 |
|
|
|
|
|
|
53,966 |
|
53,507 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
The company has no individual controlling party. |
|
|
| 7 |
Other information |
|
|
DE-VILLE ACCOMMODATION LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
370 Scraptoft Lane |
|
Leicester |
|
Leicestershire |
|
LE5 1PD |