DANOE LIMITED

Company Registration Number:
11356933 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

DANOE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DANOE LIMITED

Directors' report period ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The director shown below has held office during the whole of the period from
1 June 2022 to 31 May 2023

Miss Dav Johal


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 February 2024

And signed on behalf of the board by:
Name: Miss Dav Johal
Status: Director

DANOE LIMITED

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 9,035,248 8,302,842
Cost of sales: ( 6,221,408 ) ( 6,039,458 )
Gross profit(or loss): 2,813,840 2,263,384
Distribution costs: ( 189,854 ) ( 145,845 )
Administrative expenses: ( 754,147 ) ( 675,940 )
Operating profit(or loss): 1,869,839 1,441,599
Profit(or loss) before tax: 1,869,839 1,441,599
Tax: ( 452,789 ) ( 245,910 )
Profit(or loss) for the financial year: 1,417,050 1,195,689

DANOE LIMITED

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,521,478 1,232,318
Total fixed assets: 1,521,478 1,232,318
Current assets
Stocks: 4 2,026,098 758,491
Debtors: 5 1,315,478 1,038,472
Cash at bank and in hand: 930,878 793,748
Total current assets: 4,272,454 2,590,711
Creditors: amounts falling due within one year: 6 ( 981,245 ) ( 427,392 )
Net current assets (liabilities): 3,291,209 2,163,319
Total assets less current liabilities: 4,812,687 3,395,637
Total net assets (liabilities): 4,812,687 3,395,637
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 4,812,686 3,395,636
Total Shareholders' funds: 4,812,687 3,395,637

The notes form part of these financial statements

DANOE LIMITED

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 February 2024
and signed on behalf of the board by:

Name: Miss Dav Johal
Status: Director

The notes form part of these financial statements

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 25 18

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2022 766,417 57,927 115,560 115,945 388,302 1,444,151
Additions 173,967 22,414 39,547 89,614 198,524 524,066
Disposals
Revaluations
Transfers
At 31 May 2023 940,384 80,341 155,107 205,559 586,826 1,968,217
Depreciation
At 1 June 2022 13,077 38,854 35,868 124,034 211,833
Charge for year 16,068 31,021 41,111 146,706 234,906
On disposals
Other adjustments
At 31 May 2023 29,145 69,875 76,979 270,740 446,739
Net book value
At 31 May 2023 940,384 51,196 85,232 128,580 316,086 1,521,478
At 31 May 2022 766,417 44,850 76,706 80,077 264,268 1,232,318

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Stocks

2023 2022
£ £
Stocks 2,026,098 758,491
Total 2,026,098 758,491

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,315,478 1,038,472
Total 1,315,478 1,038,472

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 528,456 181,482
Taxation and social security 452,789 245,910
Total 981,245 427,392