DESBOROUGH PROPERTY INVESTMENTS LIMITED - Accounts


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Registered Number: 10932071
England and Wales

 

 

 


Abridged Accounts

for the year ended 30 March 2020

for

DESBOROUGH PROPERTY INVESTMENTS LIMITED

  2020   2019
    £ £   £ £
Fixed assets   3,745,000      4,290,000 
Current assets 5,801       
Creditors: amount falling due within one year (610,901)     (920,301)  
Net current assets   (605,100)     (920,301)
Total assets less current liabilities   3,139,900      3,369,699 
Creditors: amount falling due after more than one year   (3,034,787)     (3,304,787)
Net assets   105,113      64,912 
 

         
Capital and reserves   105,113      64,912 
 
NOTES TO THE ACCOUNTS

General Information
DESBOROUGH PROPERTY INVESTMENTS LIMITED is a private company, limited by shares , registered in England and Wales , registration number 10932071 , registration address Bassett House, 45 Bassett Avenue, Southampton, SO16 7DP.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.

For the year ended 30 March 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476

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

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the financial reporting standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 08 July 2020 and were signed on its behalf by:


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Jet Atwal
Director
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