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Company Registration No. 12503996 (England and Wales)
Dairy Capital Limited Unaudited accounts for the year ended 31 March 2023
Dairy Capital Limited Unaudited accounts Contents
Page
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Dairy Capital Limited Company Information for the year ended 31 March 2023
Directors
Juan Fanals Ibarra Angel Diaz Ibarra
Company Number
12503996 (England and Wales)
Registered Office
Fortis House Cothey Way Ryde Isle Of Wight PO33 1QT England
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Dairy Capital Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
261 
521 
Investments
118,243 
114,961 
118,504 
115,482 
Current assets
Debtors
8,047 
1,058 
Cash at bank and in hand
134,765 
177,036 
142,812 
178,094 
Creditors: amounts falling due within one year
(83,209)
(67,453)
Net current assets
59,603 
110,641 
Net assets
178,107 
226,123 
Capital and reserves
Called up share capital
2,500 
2,500 
Revaluation reserve
(32,410)
- 
Profit and loss account
208,017 
223,623 
Shareholders' funds
178,107 
226,123 
For the year 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 directors acknowledge their 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 of Directors and authorised for issue on 5 October 2023 and were signed on its behalf by
Angel Diaz Ibarra Director Company Registration No. 12503996
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Dairy Capital Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Dairy Capital Limited is a private company, limited by shares, registered in England and Wales, registration number 12503996. The registered office is Fortis House, Cothey Way, Ryde, Isle Of Wight, PO33 1QT, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
Straight Line - 25%
Investments
Investments in shares are included at fair value.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Dairy Capital Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
1,041 
At 31 March 2023
1,041 
Depreciation
At 1 April 2022
520 
Charge for the year
260 
At 31 March 2023
780 
Net book value
At 31 March 2023
261 
At 31 March 2022
521 
5
Investments
Other investments 
£ 
Valuation at 1 April 2022
114,961 
Additions
43,294 
Fair value adjustments
(40,012)
Valuation at 31 March 2023
118,243 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
179 
792 
Deferred tax asset
7,602 
Other debtors
266 
266 
8,047 
1,058 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
60,747 
57,462 
Loans from directors
22,462 
9,991 
83,209 
67,453 
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Dairy Capital Limited Notes to the Accounts for the year ended 31 March 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Other deferred taxation
(7,602)
- 
2023 
2022 
£ 
£ 
Credited to other comprehensive income
(7,602)
- 
Provision at end of year
(7,602)
- 
9
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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