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REGISTERED NUMBER: 05870294 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

DAKIM LIMITED

DAKIM LIMITED (REGISTERED NUMBER: 05870294)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAKIM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 July 2024







DIRECTORS: D K Potter
Mrs K S Potter





SECRETARY: Mrs K S Potter





REGISTERED OFFICE: 87 Chase Road
Lindford
Bordon
Hampshire
GU35 0RU





REGISTERED NUMBER: 05870294 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

DAKIM LIMITED (REGISTERED NUMBER: 05870294)

BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,486 16,352

CURRENT ASSETS
Stocks 2,000 450
Debtors 5 6,305 5,867
Cash at bank 8,240 6,987
16,545 13,304
CREDITORS
Amounts falling due within one year 6 8,210 2,704
NET CURRENT ASSETS 8,335 10,600
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,821

26,952

CREDITORS
Amounts falling due after more than one
year

7

(5,000

)

-

PROVISIONS FOR LIABILITIES (2,372 ) (3,030 )
NET ASSETS 13,449 23,922

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 13,447 23,920
SHAREHOLDERS' FUNDS 13,449 23,922

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

DAKIM LIMITED (REGISTERED NUMBER: 05870294)

BALANCE SHEET - continued
31 July 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 Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:





D K Potter - Director


DAKIM LIMITED (REGISTERED NUMBER: 05870294)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 July 2024


1. STATUTORY INFORMATION

Dakim 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 reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on reducing balance

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 year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

DAKIM LIMITED (REGISTERED NUMBER: 05870294)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 July 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 8,819 21,677 2,411 32,907
Additions - - 334 334
At 31 July 2024 8,819 21,677 2,745 33,241
DEPRECIATION
At 1 August 2023 6,341 7,804 2,410 16,555
Charge for year 620 3,469 111 4,200
At 31 July 2024 6,961 11,273 2,521 20,755
NET BOOK VALUE
At 31 July 2024 1,858 10,404 224 12,486
At 31 July 2023 2,478 13,873 1 16,352

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,214 2,562
Other debtors 4,091 3,305
6,305 5,867

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 55 -
Other creditors 8,155 2,704
8,210 2,704

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 5,000 -