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REGISTERED NUMBER: 02077425 (England and Wales)















Financial Statements for the Year Ended 31st December 2023

for

Darrose Limited

Darrose Limited (Registered number: 02077425)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Darrose Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: R J Sheldrake
Mrs H G Measor





SECRETARY: Mrs H G Measor





REGISTERED OFFICE: The House on the Heath
Fordham Heath
Colchester
Essex
CO3 9TL





REGISTERED NUMBER: 02077425 (England and Wales)

Darrose Limited (Registered number: 02077425)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,321,790 1,357,813

CURRENT ASSETS
Debtors 5 22,195 21,070
Cash at bank 342,729 338,139
364,924 359,209
CREDITORS
Amounts falling due within one year 6 14,567 13,468
NET CURRENT ASSETS 350,357 345,741
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,672,147

1,703,554

PROVISIONS FOR LIABILITIES 63,664 21,765
NET ASSETS 1,608,483 1,681,789

CAPITAL AND RESERVES
Called up share capital 100 100
Fair Value reserve 7 274,315 247,430
Capital redemption reserve 75,000 75,000
Retained earnings 1,259,068 1,359,259
SHAREHOLDERS' FUNDS 1,608,483 1,681,789

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

Darrose Limited (Registered number: 02077425)

Balance Sheet - continued
31st December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th March 2024 and were signed on its behalf by:





R J Sheldrake - Director


Darrose Limited (Registered number: 02077425)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Darrose 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred trecognized recognised in the Statement of Income and Retained Earnings, except to the extenrecognizedrelates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognized at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognized in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognized only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Darrose Limited (Registered number: 02077425)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1st January 2023 1,288,239 150,818 1,439,057
Additions - 6,580 6,580
Disposals - (24,617 ) (24,617 )
Revaluations (7,802 ) - (7,802 )
At 31st December 2023 1,280,437 132,781 1,413,218
DEPRECIATION
At 1st January 2023 - 81,244 81,244
Charge for year - 13,598 13,598
Eliminated on disposal - (3,414 ) (3,414 )
At 31st December 2023 - 91,428 91,428
NET BOOK VALUE
At 31st December 2023 1,280,437 41,353 1,321,790
At 31st December 2022 1,288,239 69,574 1,357,813

The value shown for freehold property is the estimated market value as at 31.12.2022.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,600 5,600
Other debtors 16,595 15,470
22,195 21,070

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 1,249 (2,176 )
Other creditors 13,318 15,644
14,567 13,468

Darrose Limited (Registered number: 02077425)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

7. RESERVES
Fair
Value
reserve
£   
At 1st January 2023 247,430
Freehold property 26,885

At 31st December 2023 274,315

8. RELATED PARTY DISCLOSURES

The company is controlled by its directors.