REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 28 November 2023 |
for |
Darnhall Developments Limited |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
Prepayments and accrued income |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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 |
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 |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
4. | FIXED ASSET INVESTMENTS |
Interest |
in | Other |
associate | investments | Totals |
£ | £ | £ |
COST |
At 29 November 2022 | 7 |
Disposals | ( |
) | (1 | ) |
At 28 November 2023 | 6 |
NET BOOK VALUE |
At 28 November 2023 | 6 |
At 28 November 2022 | 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 |
Amounts owed by participating interests | 365,000 | 826,961 |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.11.23 | 28.11.22 |
£ | £ |
Bank loans and overdrafts |
Taxation and social security |
Other creditors |
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 |
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 |