DAKS ARBITRAGE LIMITED

Company Registration Number:
11994065 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

DAKS ARBITRAGE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DAKS ARBITRAGE LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 10 months to 31 March 2023


£

£
Turnover: 910,109 506,408
Gross profit(or loss): 910,109 506,408
Administrative expenses: ( 138,116 ) ( 75,945 )
Operating profit(or loss): 771,993 430,463
Interest receivable and similar income: 1,769 603
Interest payable and similar charges: ( 742 ) ( 412 )
Profit(or loss) before tax: 773,020 430,654
Tax: ( 192,490 ) ( 82,123 )
Profit(or loss) for the financial year: 580,530 348,531

DAKS ARBITRAGE LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 10 months to 31 March 2023


£

£
Fixed assets
Tangible assets: 3 50,733 57,488
Investments: 4 16,755 16,755
Total fixed assets: 67,488 74,243
Current assets
Debtors: 5 616,157 98,405
Cash at bank and in hand: 1,230,347 1,094,976
Total current assets: 1,846,504 1,193,381
Creditors: amounts falling due within one year: 6 ( 195,203 ) ( 89,365 )
Net current assets (liabilities): 1,651,301 1,104,016
Total assets less current liabilities: 1,718,789 1,178,259
Total net assets (liabilities): 1,718,789 1,178,259
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,718,689 1,178,159
Total Shareholders' funds: 1,718,789 1,178,259

The notes form part of these financial statements

DAKS ARBITRAGE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 November 2024
and signed on behalf of the board by:

Name: ALIX SWEENEY
Status: Director

The notes form part of these financial statements

DAKS ARBITRAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation Policy for fixtures and fittings 20 percent each full year for office Depreciation policy for motor vehicles 10 percent each full year

DAKS ARBITRAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 10 months to 31 March 2023
    Average number of employees during the period 2 2

DAKS ARBITRAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 9,466 57,673 67,139
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 9,466 57,673 67,139
Depreciation
At 1 April 2023 39 9,612 9,651
Charge for year 27 6,728 6,755
On disposals
Other adjustments
At 31 March 2024 66 16,340 16,406
Net book value
At 31 March 2024 9,400 41,333 50,733
At 31 March 2023 9,427 48,061 57,488

DAKS ARBITRAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed assets investments note

Shareholding in associate company

DAKS ARBITRAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 10 months to 31 March 2023
£ £
Other debtors 616,157 98,405
Total 616,157 98,405

DAKS ARBITRAGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 10 months to 31 March 2023
£ £
Taxation and social security 194,416 84,221
Other creditors 787 5,144
Total 195,203 89,365