DANOE LIMITED

Company Registration Number:
11356933 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

DANOE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

DANOE LIMITED

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The director shown below has held office during the whole of the period from
1 June 2023 to 31 May 2024

Dev 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
7 February 2025

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

DANOE LIMITED

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 12,405,217 9,035,248
Cost of sales: ( 8,161,178 ) ( 6,221,408 )
Gross profit(or loss): 4,244,039 2,813,840
Distribution costs: ( 359,885 ) ( 189,854 )
Administrative expenses: ( 1,298,545 ) ( 754,147 )
Operating profit(or loss): 2,585,609 1,869,839
Profit(or loss) before tax: 2,585,609 1,869,839
Tax: ( 608,854 ) ( 452,789 )
Profit(or loss) for the financial year: 1,976,755 1,417,050

DANOE LIMITED

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,954,578 1,521,478
Total fixed assets: 1,954,578 1,521,478
Current assets
Stocks: 4 3,920,787 2,026,098
Debtors: 5 2,212,547 1,315,478
Cash at bank and in hand: 113,587 930,878
Total current assets: 6,246,921 4,272,454
Creditors: amounts falling due within one year: 6 ( 1,412,057 ) ( 981,245 )
Net current assets (liabilities): 4,834,864 3,291,209
Total assets less current liabilities: 6,789,442 4,812,687
Total net assets (liabilities): 6,789,442 4,812,687
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 6,789,441 4,812,686
Total Shareholders' funds: 6,789,442 4,812,687

The notes form part of these financial statements

DANOE LIMITED

Balance sheet statements

For the year ending 31 May 2024 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 7 February 2025
and signed on behalf of the board by:

Name: Dev Johal
Status: Director

The notes form part of these financial statements

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 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 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 27 25

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 940,384 80,341 155,107 205,559 586,826 1,968,217
Additions 275,824 68,547 60,257 121,215 256,221 782,064
Disposals
Revaluations
Transfers
At 31 May 2024 1,216,208 148,888 215,364 326,774 843,047 2,750,281
Depreciation
At 1 June 2023 29,145 69,875 76,979 270,740 446,739
Charge for year 29,777 43,072 65,354 210,761 348,964
On disposals
Other adjustments
At 31 May 2024 58,922 112,947 142,333 481,501 795,703
Net book value
At 31 May 2024 1,216,208 89,966 102,417 184,441 361,546 1,954,578
At 31 May 2023 940,384 51,196 85,232 128,580 316,086 1,521,478

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Stocks

2024 2023
£ £
Stocks 3,920,787 2,026,098
Total 3,920,787 2,026,098

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024 2023
£ £
Trade debtors 2,212,547 1,315,478
Total 2,212,547 1,315,478

DANOE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 803,203 528,456
Taxation and social security 608,854 452,789
Total 1,412,057 981,245