2023-04-012024-03-312024-03-31false09767726Dan Farley Design Limited2024-09-23iso4217:GBPxbrli:pure097677262023-04-01097677262024-03-31097677262023-04-012024-03-31097677262022-04-01097677262023-03-31097677262022-04-012023-03-3109767726bus:SmallEntities2023-04-012024-03-3109767726bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3109767726bus:FullAccounts2023-04-012024-03-3109767726bus:PrivateLimitedCompanyLtd2023-04-012024-03-3109767726core:WithinOneYear2024-03-3109767726core:AfterOneYear2024-03-3109767726core:WithinOneYear2023-03-3109767726core:AfterOneYear2023-03-3109767726core:ShareCapital2024-03-3109767726core:SharePremium2024-03-3109767726core:RevaluationReserve2024-03-3109767726core:OtherReservesSubtotal2024-03-3109767726core:RetainedEarningsAccumulatedLosses2024-03-3109767726core:ShareCapital2023-03-3109767726core:SharePremium2023-03-3109767726core:RevaluationReserve2023-03-3109767726core:OtherReservesSubtotal2023-03-3109767726core:RetainedEarningsAccumulatedLosses2023-03-3109767726core:LandBuildings2024-03-3109767726core:PlantMachinery2024-03-3109767726core:Vehicles2024-03-3109767726core:FurnitureFittings2024-03-3109767726core:OfficeEquipment2024-03-3109767726core:NetGoodwill2024-03-3109767726core:IntangibleAssetsOtherThanGoodwill2024-03-3109767726core:ListedExchangeTraded2024-03-3109767726core:UnlistedNon-exchangeTraded2024-03-3109767726core:LandBuildings2023-03-3109767726core:PlantMachinery2023-03-3109767726core:Vehicles2023-03-3109767726core:FurnitureFittings2023-03-3109767726core:OfficeEquipment2023-03-3109767726core:NetGoodwill2023-03-3109767726core:IntangibleAssetsOtherThanGoodwill2023-03-3109767726core:ListedExchangeTraded2023-03-3109767726core:UnlistedNon-exchangeTraded2023-03-3109767726core:LandBuildings2023-04-012024-03-3109767726core:PlantMachinery2023-04-012024-03-3109767726core:Vehicles2023-04-012024-03-3109767726core:FurnitureFittings2023-04-012024-03-3109767726core:OfficeEquipment2023-04-012024-03-3109767726core:NetGoodwill2023-04-012024-03-3109767726core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3109767726core:ListedExchangeTraded2023-04-012024-03-3109767726core:UnlistedNon-exchangeTraded2023-04-012024-03-3109767726core:MoreThanFiveYears2023-04-012024-03-3109767726core:Non-currentFinancialInstruments2024-03-3109767726core:Non-currentFinancialInstruments2023-03-3109767726dpl:CostSales2023-04-012024-03-3109767726dpl:DistributionCosts2023-04-012024-03-3109767726core:LandBuildings2023-04-012024-03-3109767726core:PlantMachinery2023-04-012024-03-3109767726core:Vehicles2023-04-012024-03-3109767726core:FurnitureFittings2023-04-012024-03-3109767726core:OfficeEquipment2023-04-012024-03-3109767726dpl:AdministrativeExpenses2023-04-012024-03-3109767726core:NetGoodwill2023-04-012024-03-3109767726core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3109767726dpl:GroupUndertakings2023-04-012024-03-3109767726dpl:ParticipatingInterests2023-04-012024-03-3109767726dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3109767726core:ListedExchangeTraded2023-04-012024-03-3109767726dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3109767726core:UnlistedNon-exchangeTraded2023-04-012024-03-3109767726dpl:CostSales2022-04-012023-03-3109767726dpl:DistributionCosts2022-04-012023-03-3109767726core:LandBuildings2022-04-012023-03-3109767726core:PlantMachinery2022-04-012023-03-3109767726core:Vehicles2022-04-012023-03-3109767726core:FurnitureFittings2022-04-012023-03-3109767726core:OfficeEquipment2022-04-012023-03-3109767726dpl:AdministrativeExpenses2022-04-012023-03-3109767726core:NetGoodwill2022-04-012023-03-3109767726core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3109767726dpl:GroupUndertakings2022-04-012023-03-3109767726dpl:ParticipatingInterests2022-04-012023-03-3109767726dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3109767726core:ListedExchangeTraded2022-04-012023-03-3109767726dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3109767726core:UnlistedNon-exchangeTraded2022-04-012023-03-3109767726core:NetGoodwill2024-03-3109767726core:IntangibleAssetsOtherThanGoodwill2024-03-3109767726core:LandBuildings2024-03-3109767726core:PlantMachinery2024-03-3109767726core:Vehicles2024-03-3109767726core:FurnitureFittings2024-03-3109767726core:OfficeEquipment2024-03-3109767726core:AfterOneYear2024-03-3109767726core:WithinOneYear2024-03-3109767726core:ListedExchangeTraded2024-03-3109767726core:UnlistedNon-exchangeTraded2024-03-3109767726core:ShareCapital2024-03-3109767726core:SharePremium2024-03-3109767726core:RevaluationReserve2024-03-3109767726core:OtherReservesSubtotal2024-03-3109767726core:RetainedEarningsAccumulatedLosses2024-03-3109767726core:NetGoodwill2023-03-3109767726core:IntangibleAssetsOtherThanGoodwill2023-03-3109767726core:LandBuildings2023-03-3109767726core:PlantMachinery2023-03-3109767726core:Vehicles2023-03-3109767726core:FurnitureFittings2023-03-3109767726core:OfficeEquipment2023-03-3109767726core:AfterOneYear2023-03-3109767726core:WithinOneYear2023-03-3109767726core:ListedExch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Dan Farley Design Limited

Registered Number
09767726
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Dan Farley Design Limited
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Daniel Farley

Registered Address

Piccadilly Business Centre
Unit C Aldow Enterprise Park
Manchester
M12 6AE

Registered Number

09767726 (England and Wales)
Dan Farley Design Limited
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,4521,935
1,4521,935
Current assets
Debtors4,8472,347
Cash at bank and on hand11,07615,516
15,92317,863
Creditors amounts falling due within one year4(16,961)(19,022)
Net current assets (liabilities)(1,038)(1,159)
Total assets less current liabilities414776
Provisions for liabilities5(276)(368)
Net assets138408
Capital and reserves
Called up share capital100100
Profit and loss account38308
Shareholders' funds138408
The financial statements were approved and authorised for issue by the Director on 23 September 2024, and are signed on its behalf by:
Daniel Farley
Director
Registered Company No. 09767726
Dan Farley Design Limited
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
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.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 April 236,6326,632
At 31 March 246,6326,632
Depreciation and impairment
At 01 April 234,6974,697
Charge for year483483
At 31 March 245,1805,180
Net book value
At 31 March 241,4521,452
At 31 March 231,9351,935
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security5,6596,233
Other creditors10,00611,541
Accrued liabilities and deferred income1,2961,248
Total16,96119,022
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.
5.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)276368
Total276368