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REGISTERED NUMBER: 13600637 (England and Wales)















Unaudited Financial Statements

for the Period 1 July 2023 to 28 February 2024

for

The Daisy Lane Trading Company Limited

The Daisy Lane Trading Company Limited (Registered number: 13600637)






Contents of the Financial Statements
for the Period 1 July 2023 to 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

The Daisy Lane Trading Company Limited

Company Information
for the Period 1 July 2023 to 28 February 2024







DIRECTORS: Mr John Joseph Cosgrove
Ms Gail Woods





REGISTERED OFFICE: Unit 7 Cosgrove Business Park
Daisy Bank Lane
Anderton
Northwich
CW9 6FY





REGISTERED NUMBER: 13600637 (England and Wales)





ACCOUNTANTS: Langricks Limited
1 Swan Street
Wilmslow
Cheshire
SK9 1HF

The Daisy Lane Trading Company Limited (Registered number: 13600637)

Balance Sheet
28 February 2024

28.2.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 515,492 517,146

CURRENT ASSETS
Stocks 5,207 4,491
Debtors 5 3,844 1,208
Cash at bank 15,397 26,247
24,448 31,946
CREDITORS
Amounts falling due within one year 6 (720,986 ) (648,740 )
NET CURRENT LIABILITIES (696,538 ) (616,794 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(181,046

)

(99,648

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (181,146 ) (99,748 )
(181,046 ) (99,648 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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 Income Statement has not been delivered.

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





Mr John Joseph Cosgrove - Director


The Daisy Lane Trading Company Limited (Registered number: 13600637)

Notes to the Financial Statements
for the Period 1 July 2023 to 28 February 2024

1. STATUTORY INFORMATION

The Daisy Lane Trading Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 (2023 - 12 ) .

The Daisy Lane Trading Company Limited (Registered number: 13600637)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 28 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 504,132 15,933 2,862 648 523,575
Additions - 1,499 - - 1,499
At 28 February 2024 504,132 17,432 2,862 648 525,074
DEPRECIATION
At 1 July 2023 - 5,553 576 300 6,429
Charge for period - 2,782 229 142 3,153
At 28 February 2024 - 8,335 805 442 9,582
NET BOOK VALUE
At 28 February 2024 504,132 9,097 2,057 206 515,492
At 30 June 2023 504,132 10,380 2,286 348 517,146

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 30.6.23
£    £   
Other debtors 100 100
Prepayments and accrued income 3,744 1,108
3,844 1,208

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 30.6.23
£    £   
Other loans 584,861 561,709
Trade creditors 2,556 7,047
Social security and other taxes 47,066 26,665
VAT 68,663 38,399
Other creditors 3,221 1,669
Directors' current accounts 9,744 10,000
Accruals and deferred income 4,875 3,251
720,986 648,740

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Daisy Lane Trading Company Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Daisy Lane Trading Company Limited for the period ended 28 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Daisy Lane Trading Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Daisy Lane Trading Company Limited and state those matters that we have agreed to state to the Board of Directors of The Daisy Lane Trading Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Daisy Lane Trading Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Daisy Lane Trading Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Daisy Lane Trading Company Limited. You consider that The Daisy Lane Trading Company Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of The Daisy Lane Trading Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Langricks Limited
1 Swan Street
Wilmslow
Cheshire
SK9 1HF


27 November 2024