Dear Street Developments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05534579

DEAR STREET DEVELOPMENTS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 August 2025

DEAR STREET DEVELOPMENTS LIMITED

STATEMENT OF FINANCIAL POSITION

31 August 2025

	2025	2024
Note	£	£

Fixed Assets

Tangible assets	5	465,000	465,000

Current Assets

Debtors	6	957	482
Cash at bank and in hand		1,286	2,646
		--------	--------
		2,243	3,128

Creditors: amounts falling due within one year	7	358,502	348,570
		-----------	-----------
Net Current Liabilities		356,259	345,442
		-----------	-----------
Total Assets Less Current Liabilities		108,741	119,558

Creditors: amounts falling due after more than one year	8	91,634	98,838

Provisions	17,500	17,500
	-----------	-----------
Net (Liabilities)/Assets	( 393)	3,220
	-----------	-----------

DEAR STREET DEVELOPMENTS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 August 2025

	2025	2024
Note	£	£

Capital and Reserves

Called up share capital	1,000	1,000
Profit and loss account	( 1,393)	2,220
	--------	--------
Shareholders (Deficit)/Funds	( 393)	3,220
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 12 November 2025 , and are signed on behalf of the board by:

T J Stanbridge
Director

Company registration number: 05534579

DEAR STREET DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bambatuk, Christ Church Mount, Epsom, Surrey, KT19 8LU, England.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover represents rental income from investment properties.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Investment Property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure and is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible Assets

	Freehold property
	£
Cost
At 1 September 2024 and 31 August 2025	465,000
	-----------
Depreciation
At 1 September 2024 and 31 August 2025	–
	-----------
Carrying amount
At 31 August 2025	465,000
	-----------
At 31 August 2024	465,000
	-----------

Investment properties were valued during the year on the basis of market values and expected yields with no adjustments required.

6. Debtors

	2025	2024
	£	£
Trade debtors	528	–
Other debtors	429	482
	-----	-----
	957	482
	-----	-----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	6,500	5,867
Other creditors	352,002	342,703
	-----------	-----------
	358,502	348,570
	-----------	-----------

Bank borrowing is secured against investment properties.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	91,634	98,838
	---------	---------

Bank borrowing is secured against investment properties.

9. Related Party Transactions

Included in other creditors is £327,580 (2024 - £327,580) owed to the estate of the previous director.