0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,199 2,199 xbrli:pure xbrli:shares iso4217:GBP 05662776 2023-06-01 2024-05-31 05662776 2024-05-31 05662776 2023-05-31 05662776 2022-06-01 2023-05-31 05662776 2023-05-31 05662776 2022-05-31 05662776 bus:RegisteredOffice 2023-06-01 2024-05-31 05662776 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 05662776 bus:Director1 2023-06-01 2024-05-31 05662776 bus:Director2 2023-06-01 2024-05-31 05662776 bus:CompanySecretary1 2023-06-01 2024-05-31 05662776 core:WithinOneYear 2024-05-31 05662776 core:WithinOneYear 2023-05-31 05662776 core:AfterOneYear 2024-05-31 05662776 core:AfterOneYear 2023-05-31 05662776 core:ShareCapital 2024-05-31 05662776 core:ShareCapital 2023-05-31 05662776 core:RetainedEarningsAccumulatedLosses 2024-05-31 05662776 core:RetainedEarningsAccumulatedLosses 2023-05-31 05662776 bus:SmallEntities 2023-06-01 2024-05-31 05662776 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 05662776 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05662776 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05662776 bus:FullAccounts 2023-06-01 2024-05-31 05662776 core:OfficeEquipment 2023-06-01 2024-05-31 05662776 core:OfficeEquipment 2024-05-31
COMPANY REGISTRATION NUMBER: 05662776
Danika Technology Limited
Filleted Unaudited Financial Statements
For the year ended
31 May 2024
Danika Technology Limited
Financial Statements
Year ended 31 May 2024
Contents
Page
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
3
Danika Technology Limited
Officers and Professional Advisers
THE BOARD OF DIRECTORS
Mrs V Kooner
Mr H Kooner
COMPANY SECRETARY
Mr H Kooner
REGISTERED OFFICE
ECEN Suite 43
Enterprise Centre Warth Park
Michael Way
Raunds
Northants
NN9 6GR
ACCOUNTANTS
Streets
Chartered accountants
Potton House
Wyboston Lakes
Great North Road
Wyboston
Bedford
England
MK443BZ
Danika Technology Limited
Statement of Financial Position
31 May 2024
2024
2023
Note
£
£
Current assets
Debtors
5
179,086
185,008
Cash at bank and in hand
21
3,748
---------
---------
179,107
188,756
Creditors: amounts falling due within one year
6
9,730
9,706
---------
---------
Net current assets
169,377
179,050
---------
---------
Total assets less current liabilities
169,377
179,050
Creditors: amounts falling due after more than one year
7
12,987
21,265
---------
---------
Net assets
156,390
157,785
---------
---------
Capital and reserves
Called up share capital
200
200
Profit and loss account
156,190
157,585
---------
---------
Shareholders funds
156,390
157,785
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
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 were approved by the board of directors and authorised for issue on 27 October 2024 , and are signed on behalf of the board by:
Mrs V Kooner
Director
Company registration number: 05662776
Danika Technology Limited
Notes to the Financial Statements
Year ended 31 May 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is ECEN Suite 43, Enterprise Centre Warth Park, Michael Way, Raunds, Northants, NN9 6GR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
33% straight line
4. Tangible assets
Equipment
£
Cost
At 1 June 2023 and 31 May 2024
2,199
-------
Depreciation
At 1 June 2023 and 31 May 2024
2,199
-------
Carrying amount
At 31 May 2024
-------
At 31 May 2023
-------
5. Debtors
2024
2023
£
£
Other debtors
179,086
185,008
---------
---------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
8,280
8,506
Other creditors
1,450
1,200
-------
-------
9,730
9,706
-------
-------
7. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
12,987
21,265
--------
--------
8. Directors' advances, credits and guarantees
The director maintains a loan account with the company. At the beginning of the period the director owed the company £143,122 (2023 £150,755). During the period there were advances to the director of £2,800 (2023 3,600) and repayments of £13,710 (2023 £14,893). At the reporting date the director owed the company £135,378 (2023 £143,122). Interest amounting to £3,166 (2023 £3,660) has been charged in the year.