Dez Rez Properties Limited - Accounts to registrar - small 17.1.1

Dez Rez Properties Limited - Accounts to registrar - small 17.1.1

DEZ REZ PROPERTIES LIMITED - Company Information

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REGISTERED NUMBER: 03280900 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 March 2017

for

Dez Rez Properties Limited

Dez Rez Properties Limited (Registered number: 03280900)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Dez Rez Properties Limited

Company Information
for the Year Ended 31 March 2017







DIRECTOR: Derek Hart





REGISTERED OFFICE: 261 Dyke Road
Hove
East Sussex
BN3 6PA





REGISTERED NUMBER: 03280900 (England and Wales)





ACCOUNTANTS: Shahram Moallemi and Co
Chantry Lodge
Pyecombe
West Sussex
BN45 7EE
Page 1
Dez Rez Properties Limited (Registered number: 03280900)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,464,097 1,103,125

CURRENT ASSETS
Cash at bank 10,769 51,943

CREDITORS
Amounts falling due within one year 5 247,719 19,400
NET CURRENT (LIABILITIES)/ASSETS (236,950 ) 32,543
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,227,147
1,135,668

CREDITORS
Amounts falling due after more than one
year
6
486,105
473,487
NET ASSETS 741,042 662,181

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 741,041 662,180
SHAREHOLDERS' FUNDS 741,042 662,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections
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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 3 October 2017 and were signed by:




Derek Hart - Director


The notes form part of these financial statements

Page 2
Dez Rez Properties Limited (Registered number: 03280900)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Dez Rez Properties Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

Page 3 continued...
Dez Rez Properties Limited (Registered number: 03280900)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2016 1,077,849 30,298 1,108,147
Additions 361,049 - 361,049
At 31 March 2017 1,438,898 30,298 1,469,196
DEPRECIATION
At 1 April 2016 - 5,022 5,022
Charge for year - 77 77
At 31 March 2017 - 5,099 5,099
NET BOOK VALUE
At 31 March 2017 1,438,898 25,199 1,464,097
At 31 March 2016 1,077,849 25,276 1,103,125

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 1 -
Taxation and social security 24,333 18,499
Other creditors 223,385 901
247,719 19,400

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.17 31.3.16
£    £   
Bank loans 486,105 473,487

Page 4
Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Dez Rez Properties Limited

The following reproduces the text of the report prepared for the director and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Dez Rez Properties Limited for the year ended 31 March 2017 which comprise the Income
Statement, Balance Sheet, and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Dez Rez Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dez Rez Properties Limited and state those matters that we have agreed to state to the director of Dez Rez Properties Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Dez Rez Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dez Rez Properties Limited. You consider that Dez Rez Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dez Rez Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Shahram Moallemi and Co
Chantry Lodge
Pyecombe
West Sussex
BN45 7EE


Date: .............................................

This page does not form part of the statutory financial statements

Page 5