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REGISTERED NUMBER: 05283047 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

DANNY PONDER LTD

DANNY PONDER LTD (REGISTERED NUMBER: 05283047)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DANNY PONDER LTD

COMPANY INFORMATION
for the Year Ended 31st March 2024







DIRECTORS: RG Shaw
Mrs P Shaw





SECRETARY: Mrs P Shaw





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 05283047 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

DANNY PONDER LTD (REGISTERED NUMBER: 05283047)

BALANCE SHEET
31st March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,669 1,988
Investment property 5 575,000 645,000
576,669 646,988

CURRENT ASSETS
Debtors 6 981 765
Cash at bank 123,928 75,716
124,909 76,481
CREDITORS
Amounts falling due within one year 7 391,801 406,787
NET CURRENT LIABILITIES (266,892 ) (330,306 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

309,777

316,682

PROVISIONS FOR LIABILITIES 9 19,242 15,764
NET ASSETS 290,535 300,918

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 290,533 300,916
SHAREHOLDERS' FUNDS 290,535 300,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

DANNY PONDER LTD (REGISTERED NUMBER: 05283047)

BALANCE SHEET - continued
31st March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd October 2024 and were signed on its behalf by:




RG Shaw - Director



Mrs P Shaw - Director


DANNY PONDER LTD (REGISTERED NUMBER: 05283047)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Danny Ponder Ltd 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

DANNY PONDER LTD (REGISTERED NUMBER: 05283047)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 2,022 214 2,236
DEPRECIATION
At 1st April 2023 152 96 248
Charge for year 280 39 319
At 31st March 2024 432 135 567
NET BOOK VALUE
At 31st March 2024 1,590 79 1,669
At 31st March 2023 1,870 118 1,988

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023 645,000
Disposals (70,000 )
At 31st March 2024 575,000
NET BOOK VALUE
At 31st March 2024 575,000
At 31st March 2023 645,000

Fair value at 31st March 2024 is represented by:
£   
Valuation in 2007 33,267
Valuation in 2010 17,750
Valuation in 2013 28,078
Valuation in 2016 (13,048 )
Valuation in 2022 116,315
Valuation in 2023 10,000
Valuation in 2024 (70,000 )
Cost 452,638
575,000

DANNY PONDER LTD (REGISTERED NUMBER: 05283047)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

5. INVESTMENT PROPERTY - continued

If investment properties had not been revalued they would have been included at the following historical cost:

31/3/24 31/3/23
£    £   
Cost 582,638 582,638

Investment property was valued on an open market basis on 31st March 2022 by R G Shaw .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Prepayments 981 765

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Tax 50 5,664
Amount due to related party 388,656 398,098
Directors' current accounts 2,316 2,281
Accrued expenses 779 744
391,801 406,787

8. SECURED DEBTS

The following secured debts are included within creditors:

31/3/24 31/3/23
£    £   

9. PROVISIONS FOR LIABILITIES
31/3/24 31/3/23
£    £   
Deferred tax 19,242 15,764

Deferred
tax
£   
Balance at 1st April 2023 15,764
Provided during year 3,478
Advanced capital allowances
Balance at 31st March 2024 19,242

DANNY PONDER LTD (REGISTERED NUMBER: 05283047)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
2 Ordinary £1 2 2

11. RELATED PARTY DISCLOSURES

Within note 10 to the accounts the amount due to the related party represents £388,656 (2023 - £398,098) due to Staffroom Limited. R G Shaw is the sole director and a shareholder of Staffroom Limited.

12. ULTIMATE CONTROLLING PARTY

Mr RG Shaw and Mrs P Shaw together own 100% of the issued share capital.