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REGISTERED NUMBER: 12431646 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

FOR

DAYRIZE LIMITED

DAYRIZE LIMITED (REGISTERED NUMBER: 12431646)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 April 2023 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAYRIZE LIMITED

COMPANY INFORMATION
for the Period 1 April 2023 to 31 December 2023







DIRECTORS: Ms E M Gladek
G Nollen
A D Simms





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 12431646 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

DAYRIZE LIMITED (REGISTERED NUMBER: 12431646)

BALANCE SHEET
31 December 2023

31.12.23 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,847 17,560
Tangible assets 5 3,158 1,411
9,005 18,971

CURRENT ASSETS
Debtors 6 17,043 2,488
Cash at bank 13,542 1,904
30,585 4,392
CREDITORS
Amounts falling due within one year 7 1,047,667 513,888
NET CURRENT LIABILITIES (1,017,082 ) (509,496 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,008,077

)

(490,525

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (1,008,177 ) (490,625 )
SHAREHOLDERS' FUNDS (1,008,077 ) (490,525 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

DAYRIZE LIMITED (REGISTERED NUMBER: 12431646)

BALANCE SHEET - continued
31 December 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 10 September 2024 and were signed on its behalf by:





A D Simms - Director


DAYRIZE LIMITED (REGISTERED NUMBER: 12431646)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 April 2023 to 31 December 2023

1. STATUTORY INFORMATION

Dayrize 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.

The accounts have been prepared on the going concern basis, notwithstanding that the balance sheet is showing net current liabilities of £1,017,082. The directors believe this is appropriate as they have received confirmation from the parent entity that it will provide adequate resources for the company to continue for a period of 12 months and a day from the date of the signing of the report.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents amounts charged to the company's parent company under a sales and marketing agreement, excluding value added tax. Turnover is recognised as intercompany recharges. Turnover is wholly attributable to the principle activity of the company.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Financial instruments
Basic financial instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any other financial instruments as covered by Section 12 of FRS102.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 1 ) .

DAYRIZE LIMITED (REGISTERED NUMBER: 12431646)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 31 December 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 December 2023 46,850
AMORTISATION
At 1 April 2023 29,290
Charge for period 11,713
At 31 December 2023 41,003
NET BOOK VALUE
At 31 December 2023 5,847
At 31 March 2023 17,560

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 1,494
Additions 2,604
At 31 December 2023 4,098
DEPRECIATION
At 1 April 2023 83
Charge for period 857
At 31 December 2023 940
NET BOOK VALUE
At 31 December 2023 3,158
At 31 March 2023 1,411

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.3.23
£    £   
Other debtors 17,043 2,488

DAYRIZE LIMITED (REGISTERED NUMBER: 12431646)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.3.23
£    £   
Trade creditors 19,990 1,064
Amounts owed to group undertakings 1,018,395 504,168
Taxation and social security 6,238 8,344
Other creditors & accruals 3,044 312
1,047,667 513,888

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.23 31.3.23
value: £    £   
100 Share capital 1 £1 100 100

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.