Darap Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07587220 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

DARAP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R J Pawley

Mr D A Adams

Mr P Jackson

Mr R J Dooley

Mr H B Jackson

REGISTERED OFFICE:

Mackenzies Accountants

4 Kings Row

Armstrong Road

Maidstone

Kent

ME15 6AQ

REGISTERED NUMBER:

07587220 (England and Wales)

ACCOUNTANTS:

Mackenzies Accountants Limited

Chartered Accountants

4 Kings Row

Armstrong Road

Maidstone

Kent

ME15 6AQ

FIXED ASSETS

Investments

4

6

6

CURRENT ASSETS

Debtors

5

50,000

-

Cash at bank

390

364,275

50,390

364,275

CREDITORS

Amounts falling due within one year

6

3

3

NET CURRENT ASSETS

50,387

364,272

TOTAL ASSETS LESS CURRENT LIABILITIES

50,393

364,278

CAPITAL AND RESERVES

Called up share capital

7

3,000

3,000

Retained earnings

47,393

361,278

SHAREHOLDERS' FUNDS

50,393

364,278

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 Profit & loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2023 and were signed on its behalf by:

Mr H B Jackson - Director

1.	STATUTORY INFORMATION

Darap 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 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2022

and 31 March 2023

6

NET BOOK VALUE

At 31 March 2023

6

At 31 March 2022

6

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Eclipse (Distributors) Limited

Registered office: 4 Kings Row, Armstrong Road, Maidstone, Kent, ME15 6AQ

Nature of business: Electrical Components Distribution

%

Class of shares:

holding

Ordinary £1 shares

100.00

2023

2022

£

£

Aggregate capital and reserves

944,538

870,265

Profit for the year

378,951

370,003

Synergy Lighting Limited

Registered office: 4 Kings Row, Armstrong Road, Maidstone, Kent, ME15 6AQ

Nature of business: Electrical Components Distribution

%

Class of shares:

holding

Ordinary £1 shares

100.00

2023

2022

£

£

Aggregate capital and reserves

682,183

712,574

Profit for the year

302,252

562,029

Meltek (Leicester) Limited

Registered office: 4 Kings Row, Armstrong Road, Maidstone, Kent, ME15 6AQ

Nature of business: Dormant Company

%

Class of shares:

holding

Ordinary £1 shares

100.00

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Amounts owed by group undertakings

50,000

-

Amounts owed by group undertakings relates to £50,000 (2015: £300,000) payable by Eclipse (Distributors) Limited (a 100% subsidiary).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other creditors

3

3

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

1

Ordinary E

£1

1

1

1

Ordinary F

£1

1

1

1

Ordinary G

£1

1

1

1

Ordinary H

£1

1

1

1

Ordinary I

£1

1

1

2,991

Ordinary

£1

2,991

2,991

3,000

3,000

8.	RELATED PARTY DISCLOSURES

Dividends totalling £818,885 (2022: £633,718) were paid to companies controlled by the directors.

At the year end, an amount of £50,000 (2022: £nil) was due from Eclipse (Distributors) Limited (a 100% subsidiary).

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party, no individual shareholder holds more than 18.8% of the total issued share capital.