2023-02-012024-01-312024-01-31false10578665Daisy Finer Ltd2024-10-15iso4217:GBPxbrli:pure105786652023-02-01105786652024-01-31105786652023-02-012024-01-31105786652022-02-01105786652023-01-31105786652022-02-012023-01-3110578665bus:SmallEntities2023-02-012024-01-3110578665bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3110578665bus:FullAccounts2023-02-012024-01-3110578665bus:PrivateLimitedCompanyLtd2023-02-012024-01-3110578665core:WithinOneYear2024-01-3110578665core:AfterOneYear2024-01-3110578665core:WithinOneYear2023-01-3110578665core:AfterOneYear2023-01-3110578665core:ShareCapital2024-01-3110578665core:SharePremium2024-01-3110578665core:RevaluationReserve2024-01-3110578665core:OtherReservesSubtotal2024-01-3110578665core:RetainedEarningsAccumulatedLosses2024-01-3110578665core:ShareCapital2023-01-3110578665core:SharePremium2023-01-3110578665core:RevaluationReserve2023-01-3110578665core:OtherReservesSubtotal2023-01-3110578665core:RetainedEarningsAccumulatedLosses2023-01-3110578665core:LandBuildings2024-01-3110578665core:PlantMachinery2024-01-3110578665core:Vehicles2024-01-3110578665core:FurnitureFittings2024-01-3110578665core:OfficeEquipment2024-01-3110578665core:NetGoodwill2024-01-3110578665core:IntangibleAssetsOtherThanGoodwill2024-01-3110578665core:ListedExchangeTraded2024-01-3110578665core:UnlistedNon-exchangeTraded2024-01-3110578665core:LandBuildings2023-01-3110578665core:PlantMachinery2023-01-3110578665core:Vehicles2023-01-3110578665core:FurnitureFittings2023-01-3110578665core:OfficeEquipment2023-01-3110578665core:NetGoodwill2023-01-3110578665core:IntangibleAssetsOtherThanGoodwill2023-01-3110578665core:ListedExchangeTraded2023-01-3110578665core:UnlistedNon-exchangeTraded2023-01-3110578665core:LandBuildings2023-02-012024-01-3110578665core:PlantMachinery2023-02-012024-01-3110578665core:Vehicles2023-02-012024-01-3110578665core:FurnitureFittings2023-02-012024-01-3110578665core:OfficeEquipment2023-02-012024-01-3110578665core:NetGoodwill2023-02-012024-01-3110578665core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3110578665core:ListedExchangeTraded2023-02-012024-01-3110578665core:UnlistedNon-exchangeTraded2023-02-012024-01-3110578665core:MoreThanFiveYears2023-02-012024-01-3110578665core:Non-currentFinancialInstruments2024-01-3110578665core:Non-currentFinancialInstruments2023-01-3110578665dpl:CostSales2023-02-012024-01-3110578665dpl:DistributionCosts2023-02-012024-01-3110578665core:LandBuildings2023-02-012024-01-3110578665core:PlantMachinery2023-02-012024-01-3110578665core:Vehicles2023-02-012024-01-3110578665core:FurnitureFittings2023-02-012024-01-3110578665core:OfficeEquipment2023-02-012024-01-3110578665dpl:AdministrativeExpenses2023-02-012024-01-3110578665core:NetGoodwill2023-02-012024-01-3110578665core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3110578665dpl:GroupUndertakings2023-02-012024-01-3110578665dpl:ParticipatingInterests2023-02-012024-01-3110578665dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3110578665core:ListedExchangeTraded2023-02-012024-01-3110578665dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3110578665core:UnlistedNon-exchangeTraded2023-02-012024-01-3110578665dpl:CostSales2022-02-012023-01-3110578665dpl:DistributionCosts2022-02-012023-01-3110578665core:LandBuildings2022-02-012023-01-3110578665core:PlantMachinery2022-02-012023-01-3110578665core:Vehicles2022-02-012023-01-3110578665core:FurnitureFittings2022-02-012023-01-3110578665core:OfficeEquipment2022-02-012023-01-3110578665dpl:AdministrativeExpenses2022-02-012023-01-3110578665core:NetGoodwill2022-02-012023-01-3110578665core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110578665dpl:GroupUndertakings2022-02-012023-01-3110578665dpl:ParticipatingInterests2022-02-012023-01-3110578665dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3110578665core:ListedExchangeTraded2022-02-012023-01-3110578665dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3110578665core:UnlistedNon-exchangeTraded2022-02-012023-01-3110578665core:NetGoodwill2024-01-3110578665core:IntangibleAssetsOtherThanGoodwill2024-01-3110578665core:LandBuildings2024-01-3110578665core:PlantMachinery2024-01-3110578665core:Vehicles2024-01-3110578665core:FurnitureFittings2024-01-3110578665core:OfficeEquipment2024-01-3110578665core:AfterOneYear2024-01-3110578665core:WithinOneYear2024-01-3110578665core:ListedExchangeTraded2024-01-3110578665core:UnlistedNon-exchangeTraded2024-01-3110578665core:ShareCapital2024-01-3110578665core:SharePremium2024-01-3110578665core:RevaluationReserve2024-01-3110578665core:OtherReservesSubtotal2024-01-3110578665core:RetainedEarningsAccumulatedLosses2024-01-3110578665core:NetGoodwill2023-01-3110578665core:IntangibleAssetsOtherThanGoodwill2023-01-3110578665core:LandBuildings2023-01-3110578665core:PlantMachinery2023-01-3110578665core:Vehicles2023-01-3110578665core:FurnitureFittings2023-01-3110578665core:OfficeEquipment2023-01-3110578665core:AfterOneYear2023-01-3110578665core:WithinOneYear2023-01-3110578665core:ListedExchange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Daisy Finer Ltd

Registered Number
10578665
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

Daisy Finer Ltd
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

Daisy Finer
Peter Finer

Registered Address

2 Wellesley Cottages Wells Road
Bisley
Stroud
GL6 7AF

Registered Number

10578665 (England and Wales)
Daisy Finer Ltd
Statement of Financial Position
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets35361,431
Investments419,58020,560
20,11621,991
Current assets
Debtors530,89519,791
Cash at bank and on hand7,08417,687
37,97937,478
Creditors amounts falling due within one year6(6,845)(10,153)
Net current assets (liabilities)31,13427,325
Total assets less current liabilities51,25049,316
Provisions for liabilities7(88)(62)
Net assets51,16249,254
Capital and reserves
Called up share capital11
Profit and loss account51,16149,253
Shareholders' funds51,16249,254
The financial statements were approved and authorised for issue by the Board of Directors on 15 October 2024, and are signed on its behalf by:
Daisy Finer
Director
Registered Company No. 10578665
Daisy Finer Ltd
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by share capital, incorporated in England and Wales. The company's registered office is: 2 Wellesley Cottages Wells Road BISLEY Gloucestershire GL6 7AF
Statement of compliance
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
The turnover shown in the income statement represents amounts invoiced during the year for the sale of goods and the provision of services in the ordinary course of the company's activities. Turnover is shown exclusive of value added tax and other sales taxes.
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. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are initially recorded at cost. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life:

Straight line (years)
Fixtures and fittings3
Office Equipment3
Investments
Investments in subsidiary undertakings are recorded at cost.
2.Average number of employees
The average number of persons employed by the company (including the director) during the year, was as follows

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

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 February 239732,7543,727
At 31 January 249732,7543,727
Depreciation and impairment
At 01 February 239731,3232,296
Charge for year-895895
At 31 January 249732,2183,191
Net book value
At 31 January 24-536536
At 31 January 23-1,4311,431
4.Fixed asset investments
The amount of impairment loss included in profit or loss is £980 (2023 - £90). The original capital investment in Finer Daze LLP (joint venture) of 2,070,000 INR has be revalued at the exchange rate applicable at period end.

Investments in groups1

Total

££
Cost or valuation
At 01 February 2320,56020,560
Revaluations(980)(980)
At 31 January 2419,58019,580
Net book value
At 31 January 2419,58019,580
At 31 January 2320,56020,560

Notes

1Investments in group undertakings and participating interests
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables4,5604,560
Amounts owed by associates and joint ventures / participating interests20,76715,129
Other debtors1-
Prepayments and accrued income5,567102
Total30,89519,791
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1101,245
Taxation and social security6,0778,405
Other creditors2698
Accrued liabilities and deferred income632405
Total6,84510,153
Trade creditors are measured at the initial transaction price (which is usually the invoice price).
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)8862
Total8862
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Daisy Finer7,00014,8007,00014,800
7,00014,8007,00014,800
As at 31 January 2024, the director was advanced a short term loan of 14,800. It is anticipated that this will be repaid within a nine month period.