Company registration number: 02769978
Unaudited financial statements
for the year ended 31 March 2024
for
Dancop (UK) Limited
Pages for filing with the Registrar
Company registration number: 02769978
Dancop (UK) Limited
Balance sheet
as at 31 March 2024
2024 2023
Note £ £ £ £
Fixed assets
Investments 4 51,288 51,288
Investment property 5 608,664 613,762
659,952 665,050
Current assets
Debtors 1,430 4,530
Cash at bank and in hand 3,255 14,951
4,685 19,481
Creditors: amounts falling due within
one year
(642,760) (655,707)
Net current liabilities (638,075) (636,226)
Total assets less current liabilities 21,877 28,824
NET ASSETS 21,877 28,824
Capital and reserves
Called up share capital 1,115 1,115
Profit and loss account 20,762 27,709
TOTAL EQUITY 21,877 28,824
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 02769978
Dancop (UK) Limited
Balance sheet - continued
as at 31 March 2024
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 to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 31 July 2024 and signed on its behalf by:
Mr H Mathew, Director
31 July 2024
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Dancop (UK) Limited
Notes to the financial statements
for the year ended 31 March 2024
1 Company information
The company is registered in England and Wales. Its registered number is 02769978. The company is limited by shares. Its registered office is The Elms 166 Worcester Road, Hagley, Stourbridge, DY9 0PA.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the year the average number of employees was 3 (2023 - 3).
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Dancop (UK) Limited
Notes to the financial statements - continued
for the year ended 31 March 2024
4 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 April 2023 51,288
At 31 March 2024 51,288
Net book value
At 31 March 2024 51,288
At 31 March 2023 51,288
5 Investment property
£
Valuation
At 1 April 2023 613,762
Additions 3,633
Disposals -
Impairments (8,731)
At 31 March 2024 608,664
6 Advances, credit and guarantees granted to directors
The company is controlled by Mr H and Mrs H Mathew who are directors of the company.



At 31 March 2024 the company owed Mr H and Mrs H Mathew £110,260 (2023: £129,207) held in directors' current accounts. No interest is payable.


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