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Registered number: |
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Balance Sheet | |||||||
as at |
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Notes | 2021 | 2020 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Investments | 3 |
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Current assets | |||||||
Debtors | 5 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 6 | ( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 7 | ( |
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Provisions for liabilities | ( |
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Net assets |
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Capital and reserves | |||||||
Called up share capital |
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Revaluation reserve | 10 |
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Profit and loss account | ( |
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Shareholders' funds |
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Mr Dilharlal Devraj Shah | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
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Turnover | ||||||||
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Investment property | ||||||||
Investment property is included at fair value. Gains/losses are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rates expected to apply when properties are sold. | ||||||||
Debtors | ||||||||
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Creditors | ||||||||
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Taxation | ||||||||
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Provisions | ||||||||
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2 | Employees | 2021 | 2020 | |||||
Number | Number | |||||||
Average number of persons employed by the company |
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3 | Investments | |||||||
Other | ||||||||
investments | ||||||||
£ | ||||||||
Cost | ||||||||
At 1 January 2021 |
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At 31 December 2021 |
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4 | Investment property Schedule | 36 | 291 | |||||
The Broadway | Station Road | Total | ||||||
Greenford | Harrow | |||||||
UB6 9PT | HA1 2TA | |||||||
£ | £ | £ | ||||||
Cost Brought forward | 505,169 | 738,938 | 1,244,107 | |||||
Revaluation Brought forward | 1,144,831 | 111,062 | 1,255,893 | |||||
Fair Vaue Brought forward | 1,650,000 | 850,000 | 2,500,000 | |||||
Current year additions | - | - | - | |||||
Current year revaluation | - | - | - | |||||
Fair Vaue Brought forward | - | - | - | |||||
1,650,000 | 850,000 | 2,500,000 | ||||||
5 | Debtors | 2021 | 2020 | |||||
£ | £ | |||||||
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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6 | Creditors: amounts falling due within one year | 2021 | 2020 | |||||
£ | £ | |||||||
Bank loans and overdrafts |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Taxation and social security costs |
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Directors Account | 89,105 | 78,895 | ||||||
Other creditors |
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7 | Creditors: amounts falling due after one year | 2021 | 2020 | |||||
£ | £ | |||||||
Bank loans |
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8 | Loans | 2021 | 2020 | |||||
£ | £ | |||||||
Creditors include: | ||||||||
Amounts payable otherwise than by instalment falling due for payment after more than five years | 1,309,360 | 1,571,139 | ||||||
9 | Deferred Tax | 2021 | 2020 | |||||
£ | £ | |||||||
Deferred Tax-B/fwd | 204,637 | 204,637 | ||||||
Deferred Tax-Charged to the profit and loss account | - | - | ||||||
204,637 | 204,637 | |||||||
10 | Revaluation reserve | 2021 | 2020 | |||||
£ | £ | |||||||
At 1 January 2021 |
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At 31 December 2021 |
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11 | Distributable reserve | 2021 | 2020 | |||||
£ | £ | |||||||
Distributable reserves | (18,474) | (36,749) | ||||||
Non-distributable reserves | 1,255,893 | 1,255,893 | ||||||
1,237,419 | 1,219,144 | |||||||
12 | Related party transactions | |||||||
Dilton Discount Store Ltd: £16,000 (2020: 16,000) Dilton Stores Ltd: £550,000 (2020: £540,000) Included in other creditors are the following amounts due to related companies by virtue of common directorship and in which the directors' hold a material interest: Magitron Ltd: £13,917 (2020: £13,917) There are no terms as to interest or repayment in respect of the above amounts due to/from the company. |
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13 | Other information | |||||||
Double Value Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
Laxmi House | ||||||||
2-b Draycott Avenue | ||||||||
Kenton Harrow | ||||||||
Middlesex | ||||||||
HA3 0BU |