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REGISTERED NUMBER: 07212483 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

DA GT LIMITED

DA GT LIMITED (REGISTERED NUMBER: 07212483)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Balance sheet 1

Notes to the financial statements 3


DA GT LIMITED (REGISTERED NUMBER: 07212483)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 4,068 -
Tangible assets 5 9,687 9,766
Investments 6 173,050 605,741
186,805 615,507

Current assets
Debtors 7 42,311 241,361
Cash at bank 20,295 2,598,946
62,606 2,840,307
Creditors
Amounts falling due within one year 8 143,816 546,720
Net current (liabilities)/assets (81,210 ) 2,293,587
Total assets less current liabilities 105,595 2,909,094

Provisions for liabilities 9 1,282 799
Net assets 104,313 2,908,295

Capital and reserves
Called up share capital 10 100 100
Share premium 99,901 99,901
Retained earnings 4,312 2,808,294
Shareholders' funds 104,313 2,908,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

DA GT LIMITED (REGISTERED NUMBER: 07212483)

BALANCE SHEET - continued
30 APRIL 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





Mr J A Hall - Director


DA GT LIMITED (REGISTERED NUMBER: 07212483)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. Statutory information

DA GT Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07212483. The Registered Office and business address is Little Haythorne, Haythorne, Horton, Wimborne, Dorset, BH21 7HJG.

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.

Preparation of consolidated financial statements
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary companies comprise a small-sized group. The group has taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Turnover
Turnover represents management fees charged to group companies, net of VAT.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other intangible assets are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Other investments
Other investments are initially shown at cost and revalued annually in subsequent years.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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.

DA GT LIMITED (REGISTERED NUMBER: 07212483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. Accounting policies - continued

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4. Intangible fixed assets
Other
intangible
assets
£   
Cost
Additions 4,520
At 30 April 2024 4,520
Amortisation
Charge for year 452
At 30 April 2024 452
Net book value
At 30 April 2024 4,068

5. Tangible fixed assets
Office
equipment
£   
Cost
At 1 May 2023 19,784
Additions 1,631
At 30 April 2024 21,415
Depreciation
At 1 May 2023 10,018
Charge for year 1,710
At 30 April 2024 11,728
Net book value
At 30 April 2024 9,687
At 30 April 2023 9,766

DA GT LIMITED (REGISTERED NUMBER: 07212483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. Fixed asset investments

2024 2023
£    £   
Shares in group undertakings 30,250 30,250
Other investments not loans 142,800 575,491
173,050 605,741

Additional information is as follows:
Shares in
group Other
undertakings investments Totals
£    £    £   
Cost or valuation
At 1 May 2023 30,250 432,691 462,941
Disposals - (432,691 ) (432,691 )
At 30 April 2024 30,250 - 30,250
Net book value
At 30 April 2024 30,250 - 30,250
At 30 April 2023 30,250 432,691 462,941

Cost or valuation at 30 April 2024 is represented by:

Shares in
group
undertakings
£   
Cost 30,250

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Other investments 142,800 142,800

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors - 96,000
Amounts owed by group undertakings 40,186 -
VAT - 5,361
Prepayments and accrued income 2,125 140,000
42,311 241,361

DA GT LIMITED (REGISTERED NUMBER: 07212483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 2,249 963
Amounts owed to group undertakings 13,143 468,488
Tax - 1,887
Social security and other taxes 273 244
VAT 17,758 -
Other creditors 6,710 2,329
Directors' current accounts 100,560 68,612
Accruals and deferred income 3,123 4,197
143,816 546,720

9. Provisions for liabilities
2024 2023
£    £   
Deferred tax 1,282 799

Deferred
tax
£   
Balance at 1 May 2023 799
Charge to Income statement during year 483
Balance at 30 April 2024 1,282

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
40 Ordinary shares £1 40 100
60 Ordinary A Shares £1 60 -
100 100

On 23 August 2023 60 Ordinary shares of £1 each were redesignated as 60 Ordinary A Shares of £1 each.

11. Ultimate controlling party

The directors, Mr and Mrs Hall are deemed to have ultimate control of the company by virtue of their ownership of 100% of the issued voting share capital.