Company Registration No. SC233387 (Scotland)
THE DAILYMAIDS LIMITED
Unaudited accounts
for the year ended 30 June 2024
THE DAILYMAIDS LIMITED
Unaudited accounts
Contents
THE DAILYMAIDS LIMITED
Company Information
for the year ended 30 June 2024
Director
Craig Andrew O'Hara
Company Number
SC233387 (Scotland)
Registered Office
51 Hillview Drive
Clarkston
Glasgow
G76 7JQ
Accountants
Olaando Consulting Ltd
7 Bell Yard
London
WC2A 2JR
THE DAILYMAIDS LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
2,990
5,980
Cash at bank and in hand
15,296
9,003
Creditors: amounts falling due within one year
(52,656)
(51,527)
Net current liabilities
(20,828)
(24,673)
Total assets less current liabilities
(17,838)
(18,693)
Creditors: amounts falling due after more than one year
(5,250)
(8,250)
Net liabilities
(23,088)
(26,943)
Called up share capital
100
100
Profit and loss account
(23,188)
(27,043)
Shareholders' funds
(23,088)
(26,943)
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 August 2024 and were signed on its behalf by
Craig Andrew O'Hara
Director
Company Registration No. SC233387
THE DAILYMAIDS LIMITED
Notes to the Accounts
for the year ended 30 June 2024
THE DAILYMAIDS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC233387. The registered office is 51 Hillview Drive, Clarkston, Glasgow, G76 7JQ .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Motor vehicles
20% Straight line
Computer equipment
33% Straight line
VAT gain of £11,383 was made during the financial year from using the Flat Rate Scheme. This amount is included in "Other Operating Income".
THE DAILYMAIDS LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
549
13,324
564
14,437
At 30 June 2024
549
13,324
564
14,437
At 1 July 2023
274
7,995
188
8,457
Charge for the year
137
2,665
188
2,990
At 30 June 2024
411
10,660
376
11,447
At 30 June 2024
138
2,664
188
2,990
At 30 June 2023
275
5,329
376
5,980
Amounts falling due within one year
Trade debtors
16,532
17,851
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,000
3,000
Taxes and social security
18
-
Loans from directors
46,775
45,592
The sum of £3,000 relates to 'amounts due within one year' on Bounce Back Loan.
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Creditors: amounts falling due after more than one year
2024
2023
The company took a Bounce Back Loan of £15,000 in March 2021. The balance of £5,250 relates to 'amounts due after one year'
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 20 (2023: 18).