DALAL STREET PROPERTIES LIMITED


2021-04-012022-03-312022-03-31false12778332DALAL STREET PROPERTIES 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DALAL STREET PROPERTIES LIMITED

Registered Number
12778332
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2022

DALAL STREET PROPERTIES LIMITED
Company Information
for the year from 1 April 2021 to 31 March 2022

Directors

BOURNE, Joseph Albert
SHANBHAG, Siddharth

Registered Address

27 Old Gloucester Street
London
WC1N 3AX

Registered Number

12778332 (England and Wales)
DALAL STREET PROPERTIES LIMITED
Balance Sheet as at
31 March 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Investment property6290,000210,107
290,000210,107
Current assets
Debtors51818
Cash at bank and on hand108,14640,198
108,66440,216
Creditors amounts falling due within one year(330)(480)
Net current assets (liabilities)108,33439,736
Total assets less current liabilities398,334249,843
Creditors amounts falling due after one year(404,859)(255,995)
Provisions for liabilities7(7,498)-
Net assets(14,023)(6,152)
Capital and reserves
Called up share capital2020
Profit and loss account(14,043)(6,172)
Shareholders' funds(14,023)(6,152)
  • The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The financial statements were approved and authorised for issue by the Board of Directors on 28 March 2023, and are signed on its behalf by:
BOURNE, Joseph Albert
Director
SHANBHAG, Siddharth
Director

Registered Company No. 12778332
DALAL STREET PROPERTIES LIMITED
Notes to the Financial Statements
for the year ended 31 March 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Deferred tax policy
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. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. 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 land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
4.Employee information

20222021
Average number of employees during the year00
5.Property, plant and equipment
6.Investment property

£
Fair value at 01 April 21210,107
Additions40,431
Fair value adjustments39,462
At 31 March 22290,000
7.Provisions for liabilities

2022

2021

££
Net deferred tax liability (asset)7,498-
Total7,498-