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REGISTERED NUMBER: 03213074 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

D N Management Limited

D N Management Limited (Registered number: 03213074)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D N Management Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D Naylor
L J Naylor





REGISTERED OFFICE: Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ





REGISTERED NUMBER: 03213074 (England and Wales)





ACCOUNTANTS: Verinder Powell Associates Ltd
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

D N Management Limited (Registered number: 03213074)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,306 4,161
Tangible assets 5 42,422 38,349
44,728 42,510

CURRENT ASSETS
Debtors 6 30,703 74,650
Cash at bank 121,187 177,115
151,890 251,765
CREDITORS
Amounts falling due within one year 7 72,580 136,301
NET CURRENT ASSETS 79,310 115,464
TOTAL ASSETS LESS CURRENT LIABILITIES 124,038 157,974

CREDITORS
Amounts falling due after more than one
year

8

(10,000

)

(20,000

)

PROVISIONS FOR LIABILITIES (4,077 ) (7,530 )
NET ASSETS 109,961 130,444

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 109,959 130,442
109,961 130,444

D N Management Limited (Registered number: 03213074)

Balance Sheet - continued
30 June 2024


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

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

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 18 February 2025 and were signed on its behalf by:





L J Naylor - Director


D N Management Limited (Registered number: 03213074)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

D N Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

There have been no material departures from the Financial Reporting Standard 102 1A.

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

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

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.

Trademarks are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property improvements- 5% on cost
Fixtures and fittings - 25% on cost
Motor vehicles- 25% on cost
Computer equipment- 33% on cost

D N Management Limited (Registered number: 03213074)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
The directors are satisfied that the company has adequate resources to continue to operate for the foreseeable future. They have therefore prepared the financial statements on a going concern basis.

3. EMPLOYEES AND DIRECTORS

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

D N Management Limited (Registered number: 03213074)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Trademarks
£   
COST
At 1 July 2023
and 30 June 2024 9,278
AMORTISATION
At 1 July 2023 5,117
Amortisation for year 1,855
At 30 June 2024 6,972
NET BOOK VALUE
At 30 June 2024 2,306
At 30 June 2023 4,161

5. TANGIBLE FIXED ASSETS
Freehold Fixtures
property and Motor Computer
improvements fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 26,011 13,800 38,446 40,064 118,321
Additions 11,283 974 - 3,418 15,675
At 30 June 2024 37,294 14,774 38,446 43,482 133,996
DEPRECIATION
At 1 July 2023 26,011 12,088 2,403 39,470 79,972
Charge for year 315 906 9,612 769 11,602
At 30 June 2024 26,326 12,994 12,015 40,239 91,574
NET BOOK VALUE
At 30 June 2024 10,968 1,780 26,431 3,243 42,422
At 30 June 2023 - 1,712 36,043 594 38,349

D N Management Limited (Registered number: 03213074)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors - 3,791
Other debtors 30,703 70,859
30,703 74,650

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 7,193 19,262
Taxation and social security 11,307 26,088
Other creditors 44,080 80,951
72,580 136,301

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 10,000 20,000

Included in bank loans in notes 7 and 8 is a combined balance of £20,000 (2023 - £30,000) which is guaranteed by the government and unsecured.

D N Management Limited (Registered number: 03213074)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. RELATED PARTY DISCLOSURES

Loans from key management



Key
management


Total
2024 £ £
At start of period 78,131 78,131
Advanced 54,158 54,158
Repaid (92,041 ) (92,041 )
At end of period 40,248 40,248


Key
management


Total
2023 £ £
At start of the period 38,077 38,077
Advanced 56,222 56,222
Repaid (16,168 ) (16,168 )
At end of period 78,131 78,131

Loans from key management are interest free and repayable on demand.