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REGISTERED NUMBER: 01308470 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

DANTEAN LIMITED

DANTEAN LIMITED (REGISTERED NUMBER: 01308470)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


DANTEAN LIMITED (REGISTERED NUMBER: 01308470)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 756 843

CURRENT ASSETS
Debtors 5 170,013 209,494
Cash at bank and in hand 159,797 148,693
329,810 358,187
CREDITORS
Amounts falling due within one year 6 12,263 50,502
NET CURRENT ASSETS 317,547 307,685
TOTAL ASSETS LESS CURRENT LIABILITIES 318,303 308,528

PROVISIONS FOR LIABILITIES 143 160
NET ASSETS 318,160 308,368

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 318,060 308,268
SHAREHOLDERS' FUNDS 318,160 308,368

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2024 and were signed on its behalf by:





Mr G F Baroudi - Director


DANTEAN LIMITED (REGISTERED NUMBER: 01308470)

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

1. STATUTORY INFORMATION

Dantean Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01308470

Registered office: 34 South Molton Street
London
England
W1K 5RG

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 the fair value of services provided during the year. Turnover is recognised as contract activity progresses and the right to consideration is earned. Fair value reflects the amount expected to be recoverable from clients. Turnover excludes value added tax. Unbilled turnover is included as accrued income within other debtors.

Tangible assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

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.

Operating lease commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

DANTEAN LIMITED (REGISTERED NUMBER: 01308470)

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

4. TANGIBLE ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 7,499
Additions 917
Disposals (7,429 )
At 31 March 2024 987
DEPRECIATION
At 1 April 2023 6,656
Charge for year 189
Eliminated on disposal (6,614 )
At 31 March 2024 231
NET BOOK VALUE
At 31 March 2024 756
At 31 March 2023 843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 170,013 209,494

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 8,972 14,708
Other creditors 3,291 35,794
12,263 50,502

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

Other Debtors include a total amount of £169,881 (2023 - £209,362) which is due from related parties of the directors of Haji Abdullah Alireza & Co Limited and their family members. Other Creditors include a total amount of £215 (2023 - £32,794) which is due to related parties of the directors of Haji Abdullah Alireza & Co Limited and their family members. These balances reflect the net movement of costs charged and funds advanced by the directors of Haji Abdullah Alireza & Co Limited and their family members. During the year Dantean Limited charged a total of £70,007 (2023 - £87,241) to the directors of Haji Abdullah Alireza & Co Limited and their family members for service charges.

9. ULTIMATE PARENT

The company is a wholly owned subsidiary of Haji Abdullah Alireza & Co Limited, a company incorporated and registered
in Saudi Arabia. Consolidated Accounts are prepared by the holding company and can be obtained from their head office
in Jeddah, Saudi Arabia.