Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29truetrueNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-03-01false43false 00741888 2023-03-01 2024-02-29 00741888 2022-03-01 2023-02-28 00741888 2024-02-29 00741888 2023-02-28 00741888 c:Director2 2023-03-01 2024-02-29 00741888 d:MotorVehicles 2023-03-01 2024-02-29 00741888 d:MotorVehicles 2024-02-29 00741888 d:MotorVehicles 2023-02-28 00741888 d:FurnitureFittings 2023-03-01 2024-02-29 00741888 d:FurnitureFittings 2024-02-29 00741888 d:FurnitureFittings 2023-02-28 00741888 d:CurrentFinancialInstruments 2024-02-29 00741888 d:CurrentFinancialInstruments 2023-02-28 00741888 d:Non-currentFinancialInstruments 2024-02-29 00741888 d:Non-currentFinancialInstruments 2023-02-28 00741888 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 00741888 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 00741888 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 00741888 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 00741888 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-02-29 00741888 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-02-28 00741888 d:ShareCapital 2024-02-29 00741888 d:ShareCapital 2023-02-28 00741888 d:RetainedEarningsAccumulatedLosses 2024-02-29 00741888 d:RetainedEarningsAccumulatedLosses 2023-02-28 00741888 c:FRS102 2023-03-01 2024-02-29 00741888 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 00741888 c:FullAccounts 2023-03-01 2024-02-29 00741888 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 00741888 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 00741888










DAYBROOK INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
DAYBROOK INVESTMENTS LIMITED
REGISTERED NUMBER:00741888

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Stocks
  
60,634
60,634

Debtors: amounts falling due within one year
 4 
87,725
76,731

Cash at bank and in hand
  
359,646
341,519

  
508,005
478,884

Creditors: amounts falling due within one year
 5 
(129,423)
(66,608)

Net current assets
  
 
 
378,582
 
 
412,276

Total assets less current liabilities
  
378,582
412,276

Creditors: amounts falling due after more than one year
 6 
-
(11,000)

  

Net assets
  
378,582
401,276


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
378,482
401,176

  
378,582
401,276


Page 1

 
DAYBROOK INVESTMENTS LIMITED
REGISTERED NUMBER:00741888
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr M U W Ford
Director

Date: 22 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
DAYBROOK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
1.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.4

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 


2.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 3).

Page 3

 
DAYBROOK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.


Tangible fixed assets







Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 March 2023
29,903
4,301
34,204


Disposals
(28,250)
-
(28,250)



At 29 February 2024

1,653
4,301
5,954



Depreciation


At 1 March 2023
29,903
4,301
34,204


Disposals
(28,250)
-
(28,250)



At 29 February 2024

1,653
4,301
5,954



Net book value



At 29 February 2024
-
-
-



At 28 February 2023
-
-
-

Page 4

 
DAYBROOK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
3,684
2,845

Other debtors
39,099
33,820

Prepayments and accrued income
44,942
40,066

87,725
76,731



5.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Corporation tax
14,000
6,300

Other taxation and social security
-
283

Other creditors
48,998
44,857

Accruals and deferred income
66,425
15,168

129,423
66,608



6.


Creditors: Amounts falling due after more than one year

29 February
28 February
2024
2023
£
£

Bank loans
-
11,000



7.


Loans


Analysis of the maturity of loans is given below:


29 February
28 February
2024
2023
£
£




Amounts falling due after more than 5 years

Bank loans
-
11,000


Page 5

 
DAYBROOK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.


Controlling party

There is no controlling party in either year.

 
Page 6