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DEARNE PROPERTIES LIMITED(THE) - Company Information

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Dearne Properties Limited(The)

Registered Number:00538264

For the year ended 31 March 2023

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2023

Dearne Properties Limited(The)

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

00538264

As at 31 March 2023

Dearne Properties Limited(The)

Statement of Financial Position

2022

2023

Notes

Fixed assets

574,221

Investment property

Financial assets

211,898

220,359

794,580

786,119

Current assets

Trade and other receivables

3,597

425,886

Cash and cash equivalents

395,755

399,352

429,483

Trade and other payables: amounts falling due within one

year

(23,735)

(28,390)

405,748

370,962

Net current assets

Total assets less current liabilities

1,165,542

1,191,867

(71,480)

Provisions for liabilities

1,094,062

Net assets

1,120,387

Capital and reserves

Called up share capital

250

Fair value reserve

271,211

282,362

Retained earnings

822,601

837,775

1,094,062

1,120,387

Shareholders' funds

For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as applicable to the company.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Adam P Haffner Director

Michael A Haffner Director

These financial statements were approved and authorised for issue by the Board on 22 August 2023 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2023

Dearne Properties Limited(The)

Notes to the Financial Statements

Statutory Information

Dearne Properties Limited(The) is a private limited company, limited by shares, domiciled in England and Wales,

registration number 00538264.

Registered address:

39 The Drive

Northwood

Middlesex

HA6 1HW

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

2. Investment property

Total

Fair value

At 01 April 2022

574,221

At 31 March 2023

574,221

Net book value

At 31 March 2023

574,221

At 31 March 2022

574,221

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For the year ended 31 March 2023

Dearne Properties Limited(The)

Notes to the Financial Statements Continued

3. Investments held as fixed assets

Other investments

Total

At 01 April 2022

211,898

Cost

34,581

Additions

Disposals/Repayments

(14,968)

(11,152)

Revaluations

At 31 March 2023

220,359

At 31 March 2023

Net book value

220,359

At 01 April 2022

211,898

4. Trade and other receivables

2022

2023

Other debtors

3,597

5. Trade and other payables: amounts falling due within one year

2022

2023

Taxation and social security

1,169

700

Other creditors

27,221

23,035

28,390

23,735

6. Average number of persons employed

During the year the average number of employees was 3 (2022 : 3)

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