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REGISTERED NUMBER: 08882208 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Darnholm Holdings Limited

Darnholm Holdings Limited (Registered number: 08882208)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Darnholm Holdings Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: G H Bushby





SECRETARY: C J Bushby





REGISTERED OFFICE: 3 Ellis Gardens
Scalby
Scarborough
North Yorkshire
YO13 0ST





REGISTERED NUMBER: 08882208 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
Oak Tree House, Harwood Road
Northminster Business Park
Upper Poppleton
York
YO26 6QU

Darnholm Holdings Limited (Registered number: 08882208)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 112,204 91,797
Investments 5 2 2
Investment property 6 1,212,000 1,167,000
1,324,206 1,258,799

CURRENT ASSETS
Stocks 7 97,275 56,028
Debtors 8 804,763 716,073
Cash at bank and in hand 3,590 10,256
905,628 782,357
CREDITORS
Amounts falling due within one year 9 67,536 128,614
NET CURRENT ASSETS 838,092 653,743
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,162,298

1,912,542

CREDITORS
Amounts falling due after more than one
year

10

(1,641,165

)

(1,418,967

)

PROVISIONS FOR LIABILITIES 11 (15,757 ) (17,339 )
NET ASSETS 505,376 476,236

CAPITAL AND RESERVES
Called up share capital 12 505 505
Share premium 63,201 63,201
Fair value reserve 166,679 130,229
Retained earnings 274,991 282,301
SHAREHOLDERS' FUNDS 505,376 476,236

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

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

Darnholm Holdings Limited (Registered number: 08882208)

Balance Sheet - continued
31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 February 2025 and were signed by:





G H Bushby - Director


Darnholm Holdings Limited (Registered number: 08882208)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Darnholm Holdings 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.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Preparation of consolidated financial statements
The financial statements contain information about Darnholm Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income recognition
Income is recognised when a contract for the sale of goods is determined as unconditional. Rental income is recognised in accordance with the contractual terms of the lease.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on cost
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Darnholm Holdings Limited (Registered number: 08882208)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

Fixed asset investments
Fixed asset investments are stated at cost less provision for diminution in value.

Related party transactions
All transactions entered into with companies under common control were concluded under normal market conditions, therefore no further disclosure is necessary in accordance with FRS102 section 1A.

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group nor transactions with directors conducted at a market rate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 September 2023 92,420 2,346 94,766
Additions 53,616 910 54,526
At 31 August 2024 146,036 3,256 149,292
DEPRECIATION
At 1 September 2023 949 2,020 2,969
Charge for year 33,781 338 34,119
At 31 August 2024 34,730 2,358 37,088
NET BOOK VALUE
At 31 August 2024 111,306 898 112,204
At 31 August 2023 91,471 326 91,797

Darnholm Holdings Limited (Registered number: 08882208)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 September 2023
and 31 August 2024 2
NET BOOK VALUE
At 31 August 2024 2
At 31 August 2023 2

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 1,167,000
Revaluations 45,000
At 31 August 2024 1,212,000
NET BOOK VALUE
At 31 August 2024 1,212,000
At 31 August 2023 1,167,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2020 123,537
Valuation in 2023 35,884
Valuation in 2024 45,000
Cost 1,007,579
1,212,000

7. STOCKS
2024 2023
£    £   
Stocks 97,275 56,028

8. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 204,201 123,778
VAT - 16,214
Prepayments and accrued income 9,698 850
213,899 140,842

Darnholm Holdings Limited (Registered number: 08882208)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Amounts owed by group undertakings 590,864 575,231

Aggregate amounts 804,763 716,073

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,179 65,414
Taxation and social security 1,457 -
Directors' current accounts 60,000 60,000
Accruals and deferred income 2,900 3,200
67,536 128,614

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Directors' current accounts 1,641,165 1,418,967

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 15,757 17,339

Deferred
tax
£   
Balance at 1 September 2023 17,339
Movement in provision (1,582 )
Balance at 31 August 2024 15,757

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
500 Ordinary £1 500 500
5 Ordinary A £1 5 5
505 505

Darnholm Holdings Limited (Registered number: 08882208)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

13. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements - 38,867

14. RELATED PARTY DISCLOSURES

2024 2023
£ £
Amount due to the director 1,701,165 1,478,967

No interest has been charged.