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REGISTERED NUMBER: 11365585 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Danka Investments Limited

Danka Investments Limited (Registered number: 11365585)

Contents of the Financial Statements
for the Year Ended 31 May 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Danka Investments Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: N Rogers
Mrs E Rogers





REGISTERED OFFICE: 3 Hagley Court North
The Waterfront
Dudley
West Midlands
DY5 1XF





REGISTERED NUMBER: 11365585 (England and Wales)





ACCOUNTANTS: Cox & Co Limited
Chartered Certified Accountants
3 Hagley Court North
The Waterfront
Dudley
West Midlands
DY5 1XF

Danka Investments Limited (Registered number: 11365585)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 12,300 3,964
Investment property 5 266,579 244,051
278,879 248,015

CURRENT ASSETS
Cash at bank 103,338 130,825

CREDITORS
Amounts falling due within one year 6 (422,513 ) (422,412 )
NET CURRENT LIABILITIES (319,175 ) (291,587 )
TOTAL ASSETS LESS CURRENT LIABILITIES (40,296 ) (43,572 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (40,298 ) (43,574 )
SHAREHOLDERS' FUNDS (40,296 ) (43,572 )

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by:





Mrs E Rogers - Director


Danka Investments Limited (Registered number: 11365585)

Notes to the Financial Statements
for the Year Ended 31 May 2023


1. STATUTORY INFORMATION

Danka Investments 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
In preparing the accounts the director has assessed the company's ability to continue as a going concern for the period of 1 year from the approval of these accounts. The director considers the going concern basis of preparing the accounts appropriate as financial support will be provided by the director if required.

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 etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised 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 recognised 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 recognised 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 recognised 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 NIL (2022 - NIL).

Danka Investments Limited (Registered number: 11365585)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 8,250
Additions 16,400
Disposals (8,250 )
At 31 May 2023 16,400
DEPRECIATION
At 1 June 2022 4,286
Charge for year 4,100
Eliminated on disposal (4,286 )
At 31 May 2023 4,100
NET BOOK VALUE
At 31 May 2023 12,300
At 31 May 2022 3,964

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022 244,051
Additions 22,528
At 31 May 2023 266,579
NET BOOK VALUE
At 31 May 2023 266,579
At 31 May 2022 244,051

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other creditors 422,513 422,412