Dandia Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 10671189 (England and Wales)

Financial Statements

for the Year Ended 31 March 2023

for

DANDIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Goldring

Ms C K Chalfen

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

10671189 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

620

832

Investments

5

-

34

620

866

CURRENT ASSETS

Debtors

6

51,494

59,540

Cash at bank

28,860

23,310

80,354

82,850

CREDITORS

Amounts falling due within one year

7

2,521

(4,002

)

NET CURRENT ASSETS

77,833

86,852

TOTAL ASSETS LESS CURRENT LIABILITIES

78,453

87,718

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

78,353

87,618

SHAREHOLDERS' FUNDS

78,453

87,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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 directors acknowledge their 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2023 and were signed on its behalf by:

Mr D Goldring - Director

1.	STATUTORY INFORMATION

Dandia 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on Cost

Computer equipment

-

20% on Cost

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 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 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2022

and 31 March 2023

844

1,194

2,038

DEPRECIATION

At 1 April 2022

592

614

1,206

Charge for year

74

138

212

At 31 March 2023

666

752

1,418

NET BOOK VALUE

At 31 March 2023

178

442

620

At 31 March 2022

252

580

832

5.	FIXED ASSET INVESTMENTS

Other

investme

£

COST

At 1 April 2022

34

Disposals

(34

)

At 31 March 2023

-

NET BOOK VALUE

At 31 March 2023

-

At 31 March 2022

34

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Directors' current accounts

51,494

59,540

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Tax

1

(6,522

)

Accruals and deferred income

2,520

2,520

2,521

(4,002

)

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

99

A Ordinary

£1

99

99

1

B Ordinary

£1

1

1

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director owed an amount of £51,494 (2022: £59,540) to the company. The amount has been repaid within 9 months of the year end and interest has been charged at 2.5% on the outstanding balance.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Goldring.