Danniz Holdings Limited Filleted accounts for Companies House (small and micro)

DANNIZ HOLDINGS LIMITED - Company Information

0 false false true false false false false false false true false false false false false false No description of principal activity 2020-09-01 Sage Accounts Production Advanced 2020 - FRS102_2019 3,671,134 3,671,134 3,671,134 xbrli:pure xbrli:shares iso4217:GBP 10343482 2020-09-01 2021-08-31 10343482 2021-08-31 10343482 2020-08-31 10343482 bus:Director1 2020-09-01 2021-08-31 10343482 core:WithinOneYear 2021-08-31 10343482 core:WithinOneYear 2020-08-31 10343482 core:ShareCapital 2021-08-31 10343482 core:ShareCapital 2020-08-31 10343482 core:RetainedEarningsAccumulatedLosses 2021-08-31 10343482 core:RetainedEarningsAccumulatedLosses 2020-08-31 10343482 core:CostValuation core:Non-currentFinancialInstruments 2021-08-31 10343482 core:Non-currentFinancialInstruments 2021-08-31 10343482 core:Non-currentFinancialInstruments 2020-08-31 10343482 bus:SmallEntities 2020-09-01 2021-08-31 10343482 bus:AuditExempt-NoAccountantsReport 2020-09-01 2021-08-31 10343482 bus:FullAccounts 2020-09-01 2021-08-31 10343482 bus:SmallCompaniesRegimeForAccounts 2020-09-01 2021-08-31 10343482 bus:PrivateLimitedCompanyLtd 2020-09-01 2021-08-31

COMPANY REGISTRATION NUMBER: 10343482

Danniz Holdings Limited

Filleted Unaudited Financial Statements

31 August 2021

Danniz Holdings Limited

Statement of Financial Position

31 August 2021

	2021		2020
Note	£	£	£

Fixed assets

Investments	4		3,671,134	3,671,134

Current assets

Debtors	5	3,150	2,150
Cash at bank and in hand		478,010	88,347
		---------	--------
		481,160	90,497

Creditors: amounts falling due within one year	6	4,152,353		3,761,669
		------------		------------
Net current liabilities			3,671,193	3,671,172
			------------	------------
Total assets less current liabilities			( 59)	( 38)
			----	----
Net liabilities			( 59)	( 38)
			----	----

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 61)	( 40)
	----	----
Shareholders deficit	( 59)	( 38)
	----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Danniz Holdings Limited

Statement of Financial Position (continued)

31 August 2021

These financial statements were approved by the board of directors and authorised for issue on 25 May 2022 , and are signed on behalf of the board by:

Mr D Fluss

Director

Company registration number: 10343482

Danniz Holdings Limited

Notes to the Financial Statements

Year ended 31 August 2021

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

/ A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Investments

	Investment in unquoted companies
	£
Cost
At 1 September 2020 and 31 August 2021	3,671,134
	------------
Impairment
At 1 September 2020 and 31 August 2021	–
	------------

Carrying amount
At 31 August 2021	3,671,134
	------------
At 31 August 2020	3,671,134
	------------

5. Debtors

	2021	2020
	£	£
Other debtors	3,150	2,150
	-------	-------

6. Creditors: amounts falling due within one year

	2021	2020
	£	£
Other creditors	4,152,353	3,761,669
	------------	------------