Darlea Limited 12733776 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Architectural activities Digita Accounts Production Advanced 6.30.9574.0 true true 12733776 2023-01-01 2023-12-31 12733776 2023-12-31 12733776 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2023-12-31 12733776 bus:OrdinaryShareClass2 bus:Non-cumulativeNon-redeemableShares 2023-12-31 12733776 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 12733776 core:FurnitureFittingsToolsEquipment 2023-12-31 12733776 bus:SmallEntities 2023-01-01 2023-12-31 12733776 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12733776 bus:FilletedAccounts 2023-01-01 2023-12-31 12733776 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12733776 bus:RegisteredOffice 2023-01-01 2023-12-31 12733776 bus:Director1 2023-01-01 2023-12-31 12733776 bus:Director2 2023-01-01 2023-12-31 12733776 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2023-01-01 2023-12-31 12733776 bus:OrdinaryShareClass2 bus:Non-cumulativeNon-redeemableShares 2023-01-01 2023-12-31 12733776 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 12733776 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12733776 bus:Agent1 2023-01-01 2023-12-31 12733776 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 12733776 countries:EnglandWales 2023-01-01 2023-12-31 12733776 2021-08-01 2022-12-31 12733776 2022-12-31 12733776 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2022-12-31 12733776 bus:OrdinaryShareClass2 bus:Non-cumulativeNon-redeemableShares 2022-12-31 12733776 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 12733776 bus:OrdinaryShareClass2 bus:Non-cumulativeNon-redeemableShares 2021-08-01 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12733776

Darlea Limited trading as Gazelle Stewart

Report of the Directors and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Darlea Limited

trading as Gazelle Stewart

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

 

Company Information

1

Accountants' Report

2 to 3

Balance Sheet

4 to 5

Notes to the Unaudited Financial Statements

6 to 11

 

Darlea Limited

trading as Gazelle Stewart

Company Information
for the Year Ended 31 December 2023

Directors

Mr Darren Michael Best

Mr Mark Kevin Thompson

Registered office

10 Towerfield Road
Shoeburyness
Essex
SS3 9QE

Accountants

Insight Strategic Associates Limited
Chartered Certified Accountants
10 Towerfield Road
Shoeburyness
Essex
SS3 9QE

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Darlea Limited trading as Gazelle Stewart
for the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Darlea Limited for the year ended 31 December 2023 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.
 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.
 

This report is made solely to the Board of Directors of Darlea Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Darlea Limited and state those matters that we have agreed to state to the Board of Directors of Darlea Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Darlea Limited and its Board of Directors as a body for our work or for this report.
 

It is your duty to ensure that Darlea Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Darlea Limited. You consider that Darlea Limited is exempt from the statutory audit requirement for the year.
 

We have not been instructed to carry out an audit or a review of the accounts of Darlea Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Insight Strategic Associates
Chartered Certified Accountants

10 Towerfield Road
Shoeburyness
Essex
SS3 9QE

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Darlea Limited trading as Gazelle Stewart
for the Year Ended 31 December 2023

21 August 2024

 

Darlea Limited

trading as Gazelle Stewart

(Registration number: 12733776 )
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

752

-

Current assets

 

Stocks

5

5,000

-

Cash at bank and in hand

 

97,016

100

 

102,016

100

Creditors: Amounts falling due within one year

6

(53,717)

-

Net current assets

 

48,299

100

Total assets less current liabilities

 

49,051

100

Provisions for liabilities

(188)

-

Net assets

 

48,863

100

Capital and reserves

 

Called up share capital

7

1,000

100

Retained earnings

47,863

-

Shareholders' funds

 

48,863

100

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

Darlea Limited

trading as Gazelle Stewart

(Registration number: 12733776 )
Balance Sheet as at 31 December 2023

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 August 2024 and signed on its behalf by:
 

.........................................
Mr Darren Michael Best
Director

 

Darlea Limited

trading as Gazelle Stewart

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Towerfield Road
Shoeburyness
Essex
SS3 9QE
England

These financial statements were authorised for issue by the Board on 21 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

 

Darlea Limited

trading as Gazelle Stewart

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

2

Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Darlea Limited

trading as Gazelle Stewart

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

2

Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Darlea Limited

trading as Gazelle Stewart

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

2

Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

 

Darlea Limited

trading as Gazelle Stewart

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

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

1,128

1,128

At 31 December 2023

1,128

1,128

Depreciation

Charge for the year

376

376

At 31 December 2023

376

376

Carrying amount

At 31 December 2023

752

752

5

Stocks

2023
£

2022
£

Work in progress

5,000

-

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

53,440

-

Accruals and deferred income

277

-

53,717

-

 

Darlea Limited

trading as Gazelle Stewart

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

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary A of £1 each

600

600

100

100

Ordinary B of £1 (2022 - £0) each

400

400

-

-

1,000

1,000

100

100

8

Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

2023
£

2022
£

Contributions paid to money purchase schemes

60,000

-