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REGISTERED NUMBER: 05121103 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

DAUBENEY & CO. LTD

DAUBENEY & CO. LTD (REGISTERED NUMBER: 05121103)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAUBENEY & CO. LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: J J W Neill





SECRETARY: N A Neill





REGISTERED OFFICE: New Farmhouse
High Street
Chieveley
Berkshire
RG20 8UR





REGISTERED NUMBER: 05121103 (England and Wales)






DAUBENEY & CO. LTD (REGISTERED NUMBER: 05121103)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 10
Investments 5 1 1
2 11

CURRENT ASSETS
Stocks 26,996 33,082
Debtors 6 7,255 15,119
Cash at bank 3,772 465
38,023 48,666
CREDITORS
Amounts falling due within one year 7 163,484 172,472
NET CURRENT LIABILITIES (125,461 ) (123,806 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(125,459

)

(123,795

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (125,559 ) (123,895 )
SHAREHOLDERS' FUNDS (125,459 ) (123,795 )

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

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

DAUBENEY & CO. LTD (REGISTERED NUMBER: 05121103)

BALANCE SHEET - continued
31 MAY 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





J J W Neill - Director


DAUBENEY & CO. LTD (REGISTERED NUMBER: 05121103)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Daubeney & Co. Ltd 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on cost

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

Going concern
The company recorded a loss of £1,664 (2023 - loss £6,272) for the year ended 31 May 2024 and had net liabilities of £125,459 at that date. The company continues to meet its day to day working capital requirements from loans leveraged from the major shareholder. The company is therefore dependent on the support of this loan facility in order to continue as a going concern.

The director is satisfied that the operations of the business can continue to be financed in this manner and enable the company to achieve profitability. Accordingly, the director considers it appropriate to prepare these accounts on a going concern basis.

The accounts do not reflect any adjustment which might have to be made should the company be unable to continue as a going concern. In the event that further finance is not available, adjustments might have to be made to provide for further liabilities that might arise.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

DAUBENEY & CO. LTD (REGISTERED NUMBER: 05121103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 175 242 417
DEPRECIATION
At 1 June 2023 175 232 407
Charge for year - 9 9
At 31 May 2024 175 241 416
NET BOOK VALUE
At 31 May 2024 - 1 1
At 31 May 2023 - 10 10

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2023
and 31 May 2024 1
NET BOOK VALUE
At 31 May 2024 1
At 31 May 2023 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,255 14,718
Other debtors - 401
7,255 15,119

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,091 -
Taxation and social security 340 -
Other creditors 155,053 172,472
163,484 172,472