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REGISTERED NUMBER: 00821370 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

DARDANI & LARGE LTD

DARDANI & LARGE LTD (REGISTERED NUMBER: 00821370)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance sheet 1

Notes to the financial statements 2


DARDANI & LARGE LTD (REGISTERED NUMBER: 00821370)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 467,852 350,859

Current assets
Stocks 104,388 86,750
Debtors 5 45,951 23,308
Cash at bank 58,393 235,404
208,732 345,462
Creditors
Amounts falling due within one year 6 224,125 609,870
Net current liabilities (15,393 ) (264,408 )
Total assets less current liabilities 452,459 86,451

Capital and reserves
Called up share capital 7 500,100 100
Retained earnings (47,641 ) 86,351
Shareholders' funds 452,459 86,451

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

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

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 comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





Mr A J Smith - Director


DARDANI & LARGE LTD (REGISTERED NUMBER: 00821370)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. Statutory information

Dardani & Large Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 00821370. The registered office and business address is Wedgehill Farm, Woodlands, Wimborne, Dorset, BH21 8LX.

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.

Turnover
Turnover represents amounts receivable for the rental of farmland and buildings for storage and general farming services, net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.

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.

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.

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

DARDANI & LARGE LTD (REGISTERED NUMBER: 00821370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. Tangible fixed assets
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Cost
At 1 April 2023 203,761 520,479 101,254 825,494
Additions - 213,192 1,450 214,642
Disposals - (18,900 ) - (18,900 )
At 31 March 2024 203,761 714,771 102,704 1,021,236
Depreciation
At 1 April 2023 12,128 361,253 101,254 474,635
Charge for year 4,075 93,069 363 97,507
Eliminated on disposal - (18,758 ) - (18,758 )
At 31 March 2024 16,203 435,564 101,617 553,384
Net book value
At 31 March 2024 187,558 279,207 1,087 467,852
At 31 March 2023 191,633 159,226 - 350,859

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 17,530 8,639
VAT 22,157 5,432
Prepayments and accrued income 6,264 9,237
45,951 23,308

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Social security and other taxes 100 44
Other creditors 427 17
Directors' current accounts 221,249 607,559
Accruals and deferred income 2,349 2,250
224,125 609,870

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
500,100 Ordinary £1 500,100 100

500,000 ordinary shares were issued for cash as par during the year as part of a 5,000 : 1 rights issue.

8. Ultimate controlling party

The Company is under the control of the Director, Mr C Large, by virtue of his 100% holding of the share capital of the Company.