1 March 2023 v2024.49.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP111852662023-03-012024-02-28111852662024-02-28111852662023-02-2811185266core:WithinOneYear2024-02-2811185266core:WithinOneYear2023-02-2811185266core:AfterOneYear2024-02-2811185266core:AfterOneYear2023-02-2811185266core:ShareCapital2024-02-2811185266core:ShareCapital2023-02-2811185266core:RetainedEarningsAccumulatedLosses2024-02-2811185266core:RetainedEarningsAccumulatedLosses2023-02-2811185266bus:Director12023-03-012024-02-2811185266bus:Director22023-03-012024-02-2811185266bus:RegisteredOffice2023-03-012024-02-2811185266core:OfficeEquipment2023-03-012024-02-28111852662022-03-012023-02-2811185266core:PlantMachinery2024-02-2811185266core:PlantMachinery2023-03-0111185266core:PlantMachinery2023-03-012024-02-2811185266core:PlantMachinery2023-02-2811185266core:CostValuation2023-03-0111185266core:CostValuation2024-02-281118526612023-03-012024-02-2811185266countries:EnglandWales2023-03-012024-02-2811185266bus:AuditExemptWithAccountantsReport2023-03-012024-02-2811185266bus:PrivateLimitedCompanyLtd2023-03-012024-02-2811185266bus:SmallEntities2023-03-012024-02-2811185266bus:FullAccounts2023-03-012024-02-28
Company registration number:
11185266
D And N Group Holdings Limited
Unaudited Filleted Financial Statements for the year ended
28 February 2024
D And N Group Holdings Limited
Statement of Financial Position
28 February 2024
20242023
Note££
Fixed assets    
Tangible assets 5
618
 
824
 
Investments 6
887,397
 
887,397
 
888,015
 
888,221
 
Current assets    
Cash at bank and in hand
233
 
2,424
 
Creditors: amounts falling due within one year 7
(135,977
)
(108,610
)
Net current liabilities
(135,744
)
(106,186
)
Total assets less current liabilities 752,271   782,035  
Creditors: amounts falling due after more than one year 8
(516,297
)
(532,284
)
Net assets
235,974
 
249,751
 
Capital and reserves    
Called up share capital
102
 
102
 
Profit and loss account
235,872
 
249,649
 
Shareholders funds
235,974
 
249,751
 
For the year ending
28 February 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
13 October 2024
, and are signed on behalf of the board by:
Mrs D Krogsgaard
Mr N Krogsgaard
DirectorDirector
Company registration number:
11185266
D And N Group Holdings Limited
Notes to the Financial Statements
Year ended
28 February 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Suite 131
,
80 Churchill Square
,
West Malling
,
Kent
,
ME19 4YU
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% reducing balance

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
2.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 March 2023
and
28 February 2024
3,473
 
Depreciation  
At
1 March 2023
2,649
 
Charge
206
 
At
28 February 2024
2,855
 
Carrying amount  
At
28 February 2024
618
 
At 28 February 2023
824
 

6 Investments

Shares in group undertakings and participating interestsOther investments other than loansTotal
£££
Cost      
At
1 March 2023
100
 
887,297
 
887,397
 
At
28 February 2024
100
 
887,297
 
887,397
 
Impairment      
At
1 March 2023
and
28 February 2024
-   -   -  
Carrying amount      
At
28 February 2024
100
 
887,297
 
887,397
 
At 28 February 2023
100
 
887,297
 
887,397
 

Investments held at valuation

In respect of fixed asset investments held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
20242023
Shares in group undertakings and participating interestsOther investments other than loansShares in group undertakings and participating interestsOther investments other than loans
££££
Aggregate historical cost 100   887,297   100   887,297  
Carrying amount 100   887,297   100   887,297  

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
39,000
 
39,000
 
Amounts owed to group undertakings and undertakings in which the company has a participating interest
88,316
 
64,143
 
Taxation and social security
8,661
 
3,271
 
Other creditors -  
2,196
 
135,977
 
108,610
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
516,297
 
532,284