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REGISTERED NUMBER: 08300172 (England and Wales)



































Unaudited Financial Statements

for the Year Ended 28 November 2023

for

Darnhall Developments Limited

Darnhall Developments Limited (Registered number: 08300172)






Contents of the Financial Statements
for the Year Ended 28 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Darnhall Developments Limited

Company Information
for the Year Ended 28 November 2023







DIRECTORS: R J Verdin
Mrs V Verdin





REGISTERED OFFICE: The Estate Office
Ledgemoor
Weobley
Herefordshire
HR4 8QH





REGISTERED NUMBER: 08300172 (England and Wales)





ACCOUNTANTS: Thorne Widgery Accountancy Ltd
Chartered Accountants
2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS

Darnhall Developments Limited (Registered number: 08300172)

Balance Sheet
28 November 2023

28.11.23 28.11.22
Notes £    £   
FIXED ASSETS
Investments 4 6 7

CURRENT ASSETS
Debtors 5 1,796,514 1,363,989
Prepayments and accrued income 255,029 176,037
Cash at bank 4,520 233,911
2,056,063 1,773,937
CREDITORS
Amounts falling due within one year 6 (311,039 ) (104,812 )
NET CURRENT ASSETS 1,745,024 1,669,125
TOTAL ASSETS LESS CURRENT LIABILITIES 1,745,030 1,669,132

CREDITORS
Amounts falling due after more than one
year

7

(18,214

)

(28,271

)
NET ASSETS 1,726,816 1,640,861

CAPITAL AND RESERVES
Called up share capital 601 601
Retained earnings 1,726,215 1,640,260
1,726,816 1,640,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

Darnhall Developments Limited (Registered number: 08300172)

Balance Sheet - continued
28 November 2023


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 14 August 2024 and were signed on its behalf by:





R J Verdin - Director


Darnhall Developments Limited (Registered number: 08300172)

Notes to the Financial Statements
for the Year Ended 28 November 2023

1. STATUTORY INFORMATION

Darnhall Developments 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.

Exemption from preparation of consolidated financial statements
The financial statements contain information about Darnhall Developments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Revenue
Interest income is recognised using the effective interest rate method.

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Interest
in Other
associate investments Totals
£    £    £   
COST
At 29 November 2022 6 1 7
Disposals - (1 ) (1 )
At 28 November 2023 6 - 6
NET BOOK VALUE
At 28 November 2023 6 - 6
At 28 November 2022 6 1 7

Darnhall Developments Limited (Registered number: 08300172)

Notes to the Financial Statements - continued
for the Year Ended 28 November 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.11.23 28.11.22
£    £   
Trade debtors 68,708 68,708
Amounts owed by participating interests 365,000 826,961
Other debtors 1,362,806 468,320
1,796,514 1,363,989

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.11.23 28.11.22
£    £   
Bank loans and overdrafts 10,056 9,808
Taxation and social security 25,472 45,350
Other creditors 275,511 49,654
311,039 104,812

Included within bank loans is £10,056 (2022 - £9,808) which has been guaranteed by the Government.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.11.23 28.11.22
£    £   
Bank loans 18,214 28,271

Included within bank loans is £18,214 (2022 - £28,271) which has been guaranteed by the Government.

8. RELATED PARTY DISCLOSURES

Calmez Limited

During the year £55,000 (2022 - £100,000) was advanced to Calmez Limited, £125,000 (2022 - nil) was repaid and interest of £21,476 (2022 - £29,234) was accrued. At the year end £549,983 (2022 - £598,507) was owed by Calmez Limited to the company. A director of the company is also a director of Calmez Limited.

Saxon Trust Ltd

During the year £1,085,186 (2022 - £634,719) was advanced to Saxon Trust Ltd, £133,102 (2022 - £328,998) was repaid and interest of £57,517 (2022 - £6,994) was accrued. At the year end £1,364,788 (2022 - £423,251) was owed by Saxon Trust Ltd to the company. A director of the company is also a director of Saxon Trust Ltd.

Associated Companies

At the balance sheet date the following balances are owed to the Company by associate companies for which the Company has a participating interest in:

28.11.23 28.11.22
£    £   
Calsant Limited - 391,691