Company Registration No. NI605463 (Northern Ireland)
Alfred Daisy Holdings Limited
Unaudited accounts
for the year ended 31 March 2024
Alfred Daisy Holdings Limited
Statement of financial position
as at 31 March 2024
Intangible assets
147,867
170,764
Tangible assets
80,766
97,868
Cash at bank and in hand
55,104
105,020
Creditors: amounts falling due within one year
(134,480)
(143,455)
Net current liabilities
(39,882)
(7,436)
Total assets less current liabilities
188,751
261,196
Creditors: amounts falling due after more than one year
(11,664)
(82,155)
Net assets
177,087
179,041
Called up share capital
13
13
Profit and loss account
177,074
179,028
Shareholders' funds
177,087
179,041
For the year ending 31 March 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 7 November 2024 and were signed on its behalf by
Mark Miskimmin
Director
Company Registration No. NI605463
Alfred Daisy Holdings Limited
Notes to the Accounts
for the year ended 31 March 2024
Alfred Daisy Holdings Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI605463. The registered office is Pilot House , 6 Pilots View , Belfast, BT3 9LE, United Kingdom.
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 directors believe that the company Miskimmin Wealth Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue from a contract to provide financial planning services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
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:
Land & buildings
4% - 10% Straight Line
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Alfred Daisy Holdings Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill
Charge for the year
32,897
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
49,397
181,448
230,845
At 31 March 2024
49,397
181,448
230,845
At 1 April 2023
7,703
125,274
132,977
Charge for the year
2,840
14,262
17,102
At 31 March 2024
10,543
139,536
150,079
At 31 March 2024
38,854
41,912
80,766
At 31 March 2023
41,694
56,174
97,868
Amounts falling due within one year
Trade debtors
39,494
30,999
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
73,534
87,965
Trade creditors
8,838
11,677
Taxes and social security
46,229
37,906
Loans from directors
171
171
Alfred Daisy Holdings Limited
Notes to the Accounts
for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Security on the bank loan is provided by way of fixed and floating charge.
Allotted, called up and fully paid:
13 Ordinary shares of £1 each
13
13
10
Average number of employees
During the year the average number of employees was 21 (2023: 21).