Company Registration No. 04381839 (England and Wales)
DLH Properties Limited
Unaudited accounts
for the year ended 31 December 2022
DLH Properties Limited
Unaudited accounts
Contents
DLH Properties Limited
Company Information
for the year ended 31 December 2022
Directors
Timothy Peers
Charles Ostroumoff
Rachael Latter
Alison O'Callaghan
Company Number
04381839 (England and Wales)
Registered Office
19 Duke Street
Henley On Thames
Oxfordshire
RG9 1UR
Accountants
Wellington Consulting Ltd
Fairview
St Owens Cross
Hereford
Herefordshire
HR2 8LG
DLH Properties Limited
Statement of financial position
as at 31 December 2022
Tangible assets
5,322
5,938
Cash at bank and in hand
297,849
309,224
Creditors: amounts falling due within one year
(48,980)
(66,084)
Net current assets
248,869
270,364
Total assets less current liabilities
254,191
276,302
Creditors: amounts falling due after more than one year
(192,460)
(200,145)
Called up share capital
140
140
Profit and loss account
61,591
76,017
Shareholders' funds
61,731
76,157
For the year ending 31 December 2022 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 December 2023 and were signed on its behalf by
Rachael Latter
Director
Company Registration No. 04381839
DLH Properties Limited
Notes to the Accounts
for the year ended 31 December 2022
DLH Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 04381839. The registered office is 19 Duke Street, Henley On Thames, Oxfordshire, RG9 1UR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The Goodwill arises from the acquisition of a business in 2003 which has been fully amortised. Another business was purchased in 2013 and was amortised over its estimated useful life of five years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% On a reducing balance basis
Fixtures & fittings
15% On a reducing balance basis
Computer equipment
33.3% of cost
4
Intangible fixed assets
Other
At 31 December 2022
187,500
At 31 December 2022
187,500
DLH Properties Limited
Notes to the Accounts
for the year ended 31 December 2022
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2022
1,620
7,435
8,083
17,138
Disposals
(120)
-
(5,737)
(5,857)
At 31 December 2022
1,500
7,435
3,105
12,040
At 1 January 2022
583
3,972
6,645
11,200
Charge for the year
192
519
588
1,299
On disposals
(44)
-
(5,737)
(5,781)
At 31 December 2022
731
4,491
1,496
6,718
At 31 December 2022
769
2,944
1,609
5,322
At 31 December 2021
1,037
3,463
1,438
5,938
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,648
-
Taxes and social security
16,364
28,561
Other creditors
6,068
8,466
Loans from directors
(3,789)
14,446
8
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
168,313
155,697
In 2022 the Cash at Bank and the Creditors greater than 1 year figures both include £168,312 (2021 - £155,697) which relates to deposits held for Landlords, for which the Company manages their Properties. These deposits are not available for use by the Company, nor is any interest gained on holdings these deposits. Since the year end, these deposits have been transferred to the Tenancy Deposit Scheme. Client accounts are still held containing other client funds.
DLH Properties Limited
Notes to the Accounts
for the year ended 31 December 2022
9
Average number of employees
During the year the average number of employees was 7 (2021: 10).
