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REGISTERED NUMBER: 14829783 (England and Wales)















Unaudited Financial Statements

for the Period 26 April 2023 to 31 March 2024

for

Danan Capital Limited

Danan Capital Limited (Registered number: 14829783)






Contents of the Financial Statements
for the Period 26 April 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Danan Capital Limited

Company Information
for the Period 26 April 2023 to 31 March 2024







DIRECTOR: Dr S K Agarwal





SECRETARY:





REGISTERED OFFICE: 13 Curzon Park South
Chester
United Kingdom
CH4 8AA





REGISTERED NUMBER: 14829783 (England and Wales)





ACCOUNTANTS: Stonegate Trinity LLP
137 Newhall Street
Birmingham
B3 1SF

Danan Capital Limited (Registered number: 14829783)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Investments 4 5,212,906

CURRENT ASSETS
Cash at bank and in hand 438,544

CREDITORS
Amounts falling due within one year 5 15,841
NET CURRENT ASSETS 422,703
TOTAL ASSETS LESS CURRENT LIABILITIES 5,635,609

CREDITORS
Amounts falling due after more than one year 6 (5,250,000 )

PROVISIONS FOR LIABILITIES (86,551 )
NET ASSETS 299,058

CAPITAL AND RESERVES
Called up share capital 1
Other reserves 274,079
Retained earnings 24,978
299,058

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Danan Capital Limited (Registered number: 14829783)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 21 November 2024 and were signed by:





Dr S K Agarwal - Director


Danan Capital Limited (Registered number: 14829783)

Notes to the Financial Statements
for the Period 26 April 2023 to 31 March 2024

1. STATUTORY INFORMATION

Danan Capital 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 as modified by the revaluation of certain assets.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 4,852,276
Revaluations 360,630
At 31 March 2024 5,212,906
NET BOOK VALUE
At 31 March 2024 5,212,906

Danan Capital Limited (Registered number: 14829783)

Notes to the Financial Statements - continued
for the Period 26 April 2023 to 31 March 2024

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2024 360,630
Cost 4,852,276
5,212,906

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 12,242
Other creditors 3,599
15,841

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 5,250,000

7. RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due after more than one year, is a loan of £5,250,000 from Danan Group Limited, a company under common control.