DANIEL LONEA LTD

Company Registration Number:
11342302 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

DANIEL LONEA LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

DANIEL LONEA LTD

Company Information

for the Period Ended 31 May 2023




Director: CONSTANTIN MOLDOVAN
Registered office: 43
Green Pond Close
London
England
E17 6EE
Company Registration Number: 11342302 (England and Wales)

DANIEL LONEA LTD

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Principal Activities

Other specialised construction activities not elsewhere classified

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
CONSTANTIN MOLDOVAN

This report was approved by the board of directors on 1 December 2023
And Signed On Behalf Of The Board By:

Name: CONSTANTIN MOLDOVAN
Status: Director

DANIEL LONEA LTD

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£

2022
£
Turnover 42,607 44,721
Cost of sales ( 5,557 ) ( 10,661 )
Gross Profit or (Loss) 37,050 34,060
Administrative Expenses ( 38,721 ) ( 33,010 )
Operating Profit or (Loss) ( 1,671 ) 1,050
Profit or (Loss) Before Tax ( 1,671 ) 1,050
Profit or (Loss) for Period ( 1,671 ) 1,050

The notes form part of these financial statements

DANIEL LONEA LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 100 100
Tangible assets: 5 9,748 1,311
Total fixed assets: 9,848 1,411
Current assets
Cash at bank and in hand: 71 1,248
Total current assets: 71 1,248
Creditors: amounts falling due within one year: 6 ( 1,546 ) ( 0 )
Net current assets (liabilities): ( 1,475 ) 1,248
Total assets less current liabilities: 8,373 2,659
Creditors: amounts falling due after more than one year: 7 ( 36,294 ) ( 42,829 )
Total net assets (liabilities): ( 27,921 ) ( 40,170 )

The notes form part of these financial statements

DANIEL LONEA LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 8 ( 26,350 ) ( 41,320 )
Profit and loss account: ( 1,671 ) 1,050
Shareholders funds: ( 27,921 ) ( 40,170 )

For the year ending 31 May 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 December 2023
And Signed On Behalf Of The Board By:

Name: CONSTANTIN MOLDOVAN
Status: Director

The notes form part of these financial statements

DANIEL LONEA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets outlines the accounting treatment for most types of property, plant and equipment. Property, plant and equipment is initially measured at its cost, subsequently measured either using a cost or revaluation model, and depreciated so that its depreciable amount is allocated on a systematic basis over its useful life.).

    Intangible fixed assets amortisation policy

    Intangible Assets are non-monetary assets which are without physical substance and identifiable (either being separable or arising from contractual or other legal rights). Intangible assets meeting the relevant recognition criteria are initially measured at cost, subsequently measured at cost or using the revaluation model, and amortised on a systematic basis over their useful lives (unless the asset has an indefinite useful life, in which case it is not amortised).

DANIEL LONEA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

DANIEL LONEA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

DANIEL LONEA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 June 2022 100 100
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2023 100 100
Amortisation
Amortisation at 01 June 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 May 2023 - -
Net book value
Net book value at 31 May 2023 100 100
Net book value at 31 May 2022 100 100

DANIEL LONEA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 June 2022 1,311 1,311
Additions 8,700 8,700
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2023 10,011 10,011
Depreciation
At 01 June 2022 - -
Charge for year 263 263
On disposals - -
Other adjustments - -
At 31 May 2023 263 263
Net book value
At 31 May 2023 9,748 9,748
At 31 May 2022 1,311 1,311

DANIEL LONEA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 1,052 0
Other creditors 494 0
Total 1,546 0

DANIEL LONEA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 36,294 42,829
Total 36,294 42,829

DANIEL LONEA LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

8. Revaluation reserve


2023
£
Balance at 01 June 2022 ( 41,320 )
Surplus or deficit after revaluation 14,970
Balance at 31 May 2023 ( 26,350 )