Company Registration No. 13786946 (England and Wales)
Daughtrey Holdings Ltd
Unaudited accounts
for the period from 7 December 2021 to 31 March 2023
Daughtrey Holdings Ltd
Unaudited accounts
Contents
Daughtrey Holdings Ltd
Company Information
for the period from 7 December 2021 to 31 March 2023
Company Number
13786946 (England and Wales)
Registered Office
Kenway Cottage, Ellis Avenue
Chalfont St Peter
Gerrards Cross
Buckinghamshire
SL9 9UA
Accountants
Baker Accountancy Services
Windmill Farm Business Hub
Bowstridge Lane
Chalfont St. Giles
Bucks
HP8 4RG
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Daughtrey Holdings Ltd for the period from 7 December 2021 to 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Daughtrey Holdings Ltd for the period from
7 December 2021 to
31 March 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Daughtrey Holdings Ltd, as a body, in accordance with the terms of our engagement letter dated 13 January 2023. Our work has been undertaken solely to prepare for your approval the accounts of Daughtrey Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of Daughtrey Holdings Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Daughtrey Holdings Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Daughtrey Holdings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Daughtrey Holdings Ltd. You consider that Daughtrey Holdings Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Daughtrey Holdings Ltd. 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 accounts.
Baker Accountancy Services
Chartered Accountants
Windmill Farm Business Hub
Bowstridge Lane
Chalfont St. Giles
Bucks
HP8 4RG
4 October 2023
Daughtrey Holdings Ltd
Statement of financial position
as at 31 March 2023
Investment property
214,122
Cash at bank and in hand
1,868
Creditors: amounts falling due within one year
(249,038)
Net current liabilities
(246,773)
Profit and loss account
(29,863)
Shareholders' funds
(29,858)
For the period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 October 2023 and were signed on its behalf by
S Daughtrey
Director
Company Registration No. 13786946
Daughtrey Holdings Ltd
Notes to the Accounts
for the period from 7 December 2021 to 31 March 2023
Daughtrey Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 13786946. The registered office is Kenway Cottage, Ellis Avenue, Chalfont St Peter, Gerrards Cross, Buckinghamshire, SL9 9UA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Daughtrey Holdings Ltd
Notes to the Accounts
for the period from 7 December 2021 to 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
The Samman House property was purchased on 12th April 2022. No revaluation of the property is considered necessary at 31st March 2023.
Amounts falling due within one year
Accrued income and prepayments
397
7
Creditors: amounts falling due within one year
2023
Loans from directors
131,306
8
Transactions with related parties
During the year, the company received a loan amounting to £40,000 from Fresh & Tasty Limited and a separate loan amounting to £72,050 from The Beeches Eco Café Limited. The Director and sole shareholder of Daughtrey Holdings Ltd, S Daughtrey, is also a Director and majority shareholder in both Fresh & Tasty Limited and The Beeches Eco Café Limited.
The loans are subject to interest at a rate of 2.35% and are unsecured and repayable on demand.
During the year, the company also received a loan amounting to £131,306 from the Director, S Daughtrey. No interest is payable on this loan, it is unsecured and repayable on demand.
Daughtrey Holdings Ltd
Notes to the Accounts
for the period from 7 December 2021 to 31 March 2023
9
Average number of employees
During the period the average number of employees was 1.