Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312023-06-01falsecooker repairs34truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08077676 2023-06-01 2024-05-31 08077676 2022-06-01 2023-05-31 08077676 2024-05-31 08077676 2023-05-31 08077676 c:Director1 2023-06-01 2024-05-31 08077676 d:PlantMachinery 2023-06-01 2024-05-31 08077676 d:PlantMachinery 2024-05-31 08077676 d:PlantMachinery 2023-05-31 08077676 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 08077676 d:MotorVehicles 2023-06-01 2024-05-31 08077676 d:MotorVehicles 2024-05-31 08077676 d:MotorVehicles 2023-05-31 08077676 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 08077676 d:OtherPropertyPlantEquipment 2023-06-01 2024-05-31 08077676 d:OtherPropertyPlantEquipment 2024-05-31 08077676 d:OtherPropertyPlantEquipment 2023-05-31 08077676 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 08077676 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 08077676 d:Goodwill 2024-05-31 08077676 d:Goodwill 2023-05-31 08077676 d:CurrentFinancialInstruments 2024-05-31 08077676 d:CurrentFinancialInstruments 2023-05-31 08077676 d:Non-currentFinancialInstruments 2024-05-31 08077676 d:Non-currentFinancialInstruments 2023-05-31 08077676 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 08077676 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 08077676 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 08077676 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 08077676 d:ShareCapital 2024-05-31 08077676 d:ShareCapital 2023-05-31 08077676 d:RetainedEarningsAccumulatedLosses 2024-05-31 08077676 d:RetainedEarningsAccumulatedLosses 2023-05-31 08077676 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-05-31 08077676 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-05-31 08077676 c:OrdinaryShareClass1 2023-06-01 2024-05-31 08077676 c:OrdinaryShareClass1 2024-05-31 08077676 c:OrdinaryShareClass1 2023-05-31 08077676 c:FRS102 2023-06-01 2024-05-31 08077676 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08077676 c:FullAccounts 2023-06-01 2024-05-31 08077676 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08077676 d:HirePurchaseContracts d:WithinOneYear 2024-05-31 08077676 d:HirePurchaseContracts d:WithinOneYear 2023-05-31 08077676 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-05-31 08077676 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-05-31 08077676 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-05-31 08077676 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-05-31 08077676 d:LeasedAssetsHeldAsLessee 2024-05-31 08077676 d:LeasedAssetsHeldAsLessee 2023-05-31 08077676 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08077676









DALEN COOKER SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
DALEN COOKER SERVICES LTD
REGISTERED NUMBER: 08077676

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
30,258
49,741

  
30,258
49,741

Current assets
  

Stocks
 6 
6,020
5,650

Debtors: amounts falling due within one year
 7 
26,470
31,128

Cash at bank and in hand
 8 
71,212
59,255

  
103,702
96,033

Creditors: amounts falling due within one year
 9 
(55,087)
(73,594)

Net current assets
  
 
 
48,615
 
 
22,439

Total assets less current liabilities
  
78,873
72,180

Creditors: amounts falling due after more than one year
 10 
(23,888)
(28,883)

  

Net assets
  
54,985
43,297


Capital and reserves
  

Called up share capital 
 13 
110
110

Profit and loss account
  
54,875
43,187

  
54,985
43,297


Page 1

 
DALEN COOKER SERVICES LTD
REGISTERED NUMBER: 08077676
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 February 2025.





................................................
Stephen Warnes
Director

The notes on pages 3 to 12 form part of these financial statements.

Page 2

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

The company is limited by shares, incorporated in England. The principal activity throughout the year was that of cooker repairs. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance and a straight line basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20% reducing balance
Motor vehicles
-
15% reducing balance & 25% straight line
Computer equipment
-
50% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

2024
2023
£
£

Wages and salaries
82,970
87,085

Social security costs
2,616
3,234

Cost of defined contribution scheme
7,625
1,623

93,211
91,942


The average monthly number of employees, including directors, during the year was 3 (2023 - 4).

Page 6

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 June 2023
2,500



At 31 May 2024

2,500



Amortisation


At 1 June 2023
2,500



At 31 May 2024

2,500



Net book value



At 31 May 2024
-



At 31 May 2023
-



Page 7

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 June 2023
5,090
94,235
15,075
114,400


Disposals
-
(8,490)
-
(8,490)



At 31 May 2024

5,090
85,745
15,075
105,910



Depreciation


At 1 June 2023
3,428
46,156
15,075
64,659


Charge for the year on owned assets
332
14,719
-
15,051


Disposals
-
(4,058)
-
(4,058)



At 31 May 2024

3,760
56,817
15,075
75,652



Net book value



At 31 May 2024
1,330
28,928
-
30,258



At 31 May 2023
1,662
48,079
-
49,741

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
19,863
32,982

19,863
32,982

Page 8

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Stocks

2024
2023
£
£

Finished goods and goods for resale
6,020
5,650

6,020
5,650


Stock recognised in cost of sales during the year as an expense was £65,657 (2023 - £68,130).


7.


Debtors

2024
2023
£
£


Trade debtors
8,665
9,696

Prepayments and accrued income
17,805
21,432

26,470
31,128



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
71,212
59,255

71,212
59,255


Page 9

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Payments received on account
10,895
14,105

Trade creditors
4,170
2,634

Amounts owed to group undertakings
-
25,000

Corporation tax
23,568
16,367

Other taxation and social security
9,020
8,036

Obligations under finance lease and hire purchase contracts
4,996
4,999

Other creditors
343
308

Accruals and deferred income
2,095
2,145

55,087
73,594


The following liabilities were secured:

2024
2023
£
£



Hire purchase
4,996
4,999

4,996
4,999

Details of security provided:

Hire purchase is secured on the asset concerned. 







Page 10

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
23,888
28,883

23,888
28,883


The following liabilities were secured:

2024
2023
£
£



Hire purchase
23,888
28,883

23,888
28,883

Details of security provided:

Hire purchase is secured on the asset concerned. 


11.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
4,996
4,999

Between 1-5 years
23,888
28,883

28,884
33,882


12.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
71,212
59,255




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.
Page 11

 
DALEN COOKER SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

13.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



110 (2023 - 110) Ordinary shares of £1.00 each
110
110



14.


Related party transactions

During the year £9,480 (2023 - £9,120) was paid to the director Stephen Warnes in respect of office rent.
 


15.


Controlling party

The company is controlled by the director, Stephen Warnes, by virtue of his shareholding in the parent company Dalen (Holdings) Limited.

 
Page 12