Registered number
06010018
Dao Limited
Filleted Accounts
30 November 2023
Dao Limited
Registered number: 06010018
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 728 2
Current assets
Debtors 4 105 105
Cash at bank and in hand 223 -
328 105
Creditors: amounts falling due within one year 5 (18,766) (11,893)
Net current liabilities (18,438) (11,788)
Net liabilities (17,710) (11,786)
Capital and reserves
Called up share capital 10 10
Profit and loss account (17,720) (11,796)
Shareholder's funds (17,710) (11,786)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms K D Eccles
Director
Approved by the board on 8 August 2024
Dao Limited
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Computer equipment over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2022 10,627
Additions 1,088
At 30 November 2023 11,715
Depreciation
At 1 December 2022 10,625
Charge for the year 362
At 30 November 2023 10,987
Net book value
At 30 November 2023 728
At 30 November 2022 2
4 Debtors 2023 2022
£ £
Other debtors 105 105
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs (281) -
Other creditors 19,047 11,893
18,766 11,893
6 Other information
Dao Limited is a private company limited by shares and incorporated in England. Its registered office is:
56 Ashton Road
Newton-le-Willows
Warrington
Merseyside
WA12 0AE
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