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Company Registration No. 12025498 (England and Wales)
Daisy Freight Limited Unaudited accounts for the year ended 31 May 2024
Daisy Freight Limited Unaudited accounts Contents
Page
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Daisy Freight Limited Company Information for the year ended 31 May 2024
Director
Mr S Wilkinson
Company Number
12025498 (England and Wales)
Registered Office
MCMILLAN HOUSE 6 WOLFRETON DRIVE HULL EAST RIDING OF YORKSHIRE HU10 7BY UNITED KINGDOM
Accountants
Westlands Chartered Accountants McMillan House 6 Wolfreton Drive Anlaby East Riding of Yorkshire HU10 7BY
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Daisy Freight Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,130 
1,447 
Current assets
Debtors
71,300 
21,137 
Cash at bank and in hand
3,365 
1,604 
74,665 
22,741 
Creditors: amounts falling due within one year
(52,884)
(12,332)
Net current assets
21,781 
10,409 
Total assets less current liabilities
22,911 
11,856 
Creditors: amounts falling due after more than one year
(37,020)
(43,286)
Net liabilities
(14,109)
(31,430)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(14,209)
(31,530)
Shareholders' funds
(14,109)
(31,430)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 October 2024 and were signed on its behalf by
Mr S Wilkinson Director Company Registration No. 12025498
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Daisy Freight Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Daisy Freight Limited is a private company, limited by shares, registered in England and Wales, registration number 12025498. The registered office is MCMILLAN HOUSE, 6 WOLFRETON DRIVE, HULL, EAST RIDING OF YORKSHIRE, HU10 7BY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on cost
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
2,330 
At 31 May 2024
2,330 
Depreciation
At 1 June 2023
883 
Charge for the year
317 
At 31 May 2024
1,200 
Net book value
At 31 May 2024
1,130 
At 31 May 2023
1,447 
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Daisy Freight Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
13,099 
6,145 
Trade debtors
41,606 
7,847 
Other debtors
16,595 
7,145 
71,300 
21,137 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
47,900 
8,847 
Taxes and social security
4,214 
2,785 
Accruals
770 
700 
52,884 
12,332 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
37,020 
43,286 
8
Controlling party
The company is under the control of Mr S Wilkinson, the sole director and shareholder of the company.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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