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REGISTERED NUMBER: 12890028 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Darden Holdings Limited

Darden Holdings Limited (Registered number: 12890028)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Darden Holdings Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: P J Clarke
Mrs J Clarke





REGISTERED OFFICE: 2 Lawnswood Close
Etwall
Derby
DE65 6QH





REGISTERED NUMBER: 12890028 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Darden Holdings Limited (Registered number: 12890028)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,278,768 1,140,137

CURRENT ASSETS
Debtors 5 1,276,842 2,142,875
Cash at bank and in hand 3,353,781 2,782,906
4,630,623 4,925,781
CREDITORS
Amounts falling due within one year 6 343,807 536,126
NET CURRENT ASSETS 4,286,816 4,389,655
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,565,584

5,529,792

PROVISIONS FOR LIABILITIES 5,339 -
NET ASSETS 6,560,245 5,529,792

CAPITAL AND RESERVES
Called up share capital 7,000 7,000
Share premium 7 393,000 393,000
Fair value reserve 7 16,675 -
Retained earnings 7 6,143,570 5,129,792
SHAREHOLDERS' FUNDS 6,560,245 5,529,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Darden Holdings Limited (Registered number: 12890028)

Balance Sheet - continued
30 September 2023


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 and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2024 and were signed on its behalf by:





P J Clarke - Director


Darden Holdings Limited (Registered number: 12890028)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Darden Holdings 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Darden Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Fixed asset investments
Listed investments are valued at their fair value at the Balance Sheet date and any changes between the previous year end or acquisition, as applicable are recognised in the profit and loss account and transferred to a fair value reserve.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date including provision for potential tax arising on investment revaluations.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 October 2022 400,000 740,137 1,140,137
Additions - 1,202,503 1,202,503
Disposals - (124,262 ) (124,262 )
Revaluations - 60,390 60,390
At 30 September 2023 400,000 1,878,768 2,278,768
NET BOOK VALUE
At 30 September 2023 400,000 1,878,768 2,278,768
At 30 September 2022 400,000 740,137 1,140,137

Darden Holdings Limited (Registered number: 12890028)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 September 2023 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2023 400,000 1,878,768 2,278,768

The fair value of listed investments was determined with reference to the quoted market price at the reporting date. The cost of the shares on acquisition was £1,856,754 (2022: £778,513).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 1,253,275 2,142,875
Prepayments and accrued income 23,567 -
1,276,842 2,142,875

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 406 -
Directors' loan accounts 343,401 536,126
343,807 536,126

7. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1 October 2022 5,129,792 393,000 - 5,522,792
Profit for the year 1,188,328 1,188,328
Dividends (157,875 ) (157,875 )
Transfer (16,675 ) - 16,675 -
At 30 September 2023 6,143,570 393,000 16,675 6,553,245