Company Registration No. 12410004 (England and Wales)
Dady Bros Ltd
Unaudited accounts
for the year ended 31 January 2024
Dady Bros Ltd
Unaudited accounts
Contents
Dady Bros Ltd
Company Information
for the year ended 31 January 2024
Directors
P Nunthalaykha
M Dady
Company Number
12410004 (England and Wales)
Registered Office
D1-D2 Narvik Way
Tyne Tunnel Trading Estate
North Shields
NE29 7XJ
England
Accountants
O'Meara Fitzmaurice & Co
Brimstage Hall
Brimstage Road
Wirral
CH63 6JA
Dady Bros Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
16,891
6,011
Inventories
418,566
584,520
Cash at bank and in hand
88,297
237,035
Creditors: amounts falling due within one year
(650,702)
(839,044)
Net current assets
400,231
390,529
Total assets less current liabilities
417,122
396,540
Creditors: amounts falling due after more than one year
(155,663)
(236,327)
Net assets
261,459
160,213
Called up share capital
103
103
Profit and loss account
261,356
160,110
Shareholders' funds
261,459
160,213
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 8 July 2024 and were signed on its behalf by
M Dady
Director
Company Registration No. 12410004
Dady Bros Ltd
Notes to the Accounts
for the year ended 31 January 2024
Dady Bros Ltd is a private company, limited by shares, registered in England and Wales, registration number 12410004. The registered office is D1-D2 Narvik Way, Tyne Tunnel Trading Estate, North Shields, NE29 7XJ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
20% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
5,289
2,753
2,164
10,206
Additions
12,650
2,186
-
14,836
At 31 January 2024
17,939
4,939
2,164
25,042
At 1 February 2023
2,122
696
1,377
4,195
Charge for the year
3,163
636
157
3,956
At 31 January 2024
5,285
1,332
1,534
8,151
At 31 January 2024
12,654
3,607
630
16,891
At 31 January 2023
3,167
2,057
787
6,011
Dady Bros Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
61,180
166,272
Amounts due from group undertakings etc.
482,890
241,746
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
222,290
135,388
Taxes and social security
23,888
26,423
Other creditors
333,531
493,911
Loans from directors
-
6,404
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
155,663
236,327
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Average number of employees
During the year the average number of employees was 7 (2023: 7).