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REGISTERED NUMBER: 11078122 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Daisy Holdings (Midlands) Limited

Daisy Holdings (Midlands) Limited (Registered number: 11078122)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Daisy Holdings (Midlands) Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mrs Paramjit Kaur
Mr B S Kumar





REGISTERED OFFICE: Office 1
21 Hatherton Street
Walsall
United Kingdom
WS4 2LA





REGISTERED NUMBER: 11078122 (England and Wales)





ACCOUNTANTS: Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA

Daisy Holdings (Midlands) Limited (Registered number: 11078122)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Investment property 4 461,766 329,471

CURRENT ASSETS
Debtors 5 4,819 4,119
Cash at bank 1,294 5,047
6,113 9,166
CREDITORS
Amounts falling due within one year 6 (160,597 ) (119,827 )
NET CURRENT LIABILITIES (154,484 ) (110,661 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,282

218,810

CREDITORS
Amounts falling due after more than
one year

7

(345,953

)

(252,203

)
NET LIABILITIES (38,671 ) (33,393 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (38,871 ) (33,593 )
SHAREHOLDERS' FUNDS (38,671 ) (33,393 )

Daisy Holdings (Midlands) Limited (Registered number: 11078122)

Balance Sheet - continued
30 November 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 31 July 2024 and were signed on its behalf by:





Mr B S Kumar - Director


Daisy Holdings (Midlands) Limited (Registered number: 11078122)

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


1. STATUTORY INFORMATION

Daisy Holdings (Midlands) 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.

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

Investment property
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

The directors have also made key assumptions in the determination of the fair value of the investment properties in respect of the state of the property market in the location here the property is situated and in respect of reasonable fair value estimates of the asset.

Going concern disclosure
The directors have not identified any material uncertainties relating to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

Tangible assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their useful lives on the following bases:

Freehold No depreciation

3. EMPLOYEES AND DIRECTORS

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

Daisy Holdings (Midlands) Limited (Registered number: 11078122)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 329,471
Additions 132,295
At 30 November 2023 461,766
NET BOOK VALUE
At 30 November 2023 461,766
At 30 November 2022 329,471

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 4,819 4,119

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other creditors 160,597 119,827

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 345,953 252,203

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 345,953 252,203

8. RELATED PARTY DISCLOSURES

As at 30/11/2023 £115,453 (2022 - £114,887) was outstanding to AMJ Services (Midlands) Limited and £3,019 (2022 - £3,019) was outstanding from AMJ Enterprises Ltd.

Mr Bindhu Satwinder Kumar is a director of both AMJ Services (Midlands) Limited.and AMJ Enterprises Ltd.