IRIS Accounts Production v24.3.2.46 06692837 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066928372023-03-31066928372024-03-31066928372023-04-012024-03-31066928372022-03-31066928372022-04-012023-03-31066928372023-03-3106692837ns15:EnglandWales2023-04-012024-03-3106692837ns14:PoundSterling2023-04-012024-03-3106692837ns10:Director12023-04-012024-03-3106692837ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106692837ns10:SmallEntities2023-04-012024-03-3106692837ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106692837ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106692837ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106692837ns10:FullAccounts2023-04-012024-03-3106692837ns10:RegisteredOffice2023-04-012024-03-3106692837ns5:CurrentFinancialInstruments2024-03-3106692837ns5:CurrentFinancialInstruments2023-03-3106692837ns5:ShareCapital2024-03-3106692837ns5:ShareCapital2023-03-3106692837ns5:RetainedEarningsAccumulatedLosses2024-03-3106692837ns5:RetainedEarningsAccumulatedLosses2023-03-3106692837ns5:ComputerEquipment2023-04-012024-03-3106692837ns5:ComputerEquipment2024-03-3106692837ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106692837ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31066928371ns10:Director12023-03-31066928371ns10:Director12022-03-31066928371ns10:Director12023-04-012024-03-31066928371ns10:Director12022-04-012023-03-31066928371ns10:Director12024-03-31066928371ns10:Director12023-03-31
REGISTERED NUMBER: 06692837 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

DAISY PROPERTY SERVICES LTD

DAISY PROPERTY SERVICES LTD (REGISTERED NUMBER: 06692837)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DAISY PROPERTY SERVICES LTD

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: S L Williams Junior





REGISTERED OFFICE: 5 London Road
London
SE23 3TW





REGISTERED NUMBER: 06692837 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA

DAISY PROPERTY SERVICES LTD (REGISTERED NUMBER: 06692837)

Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,437 -

CURRENT ASSETS
Debtors 5 406,336 87,365
Cash at bank and in hand 150,303 197,328
556,639 284,693
CREDITORS
Amounts falling due within one year 6 267,048 169,308
NET CURRENT ASSETS 289,591 115,385
TOTAL ASSETS LESS CURRENT
LIABILITIES

291,028

115,385

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 290,928 115,285
291,028 115,385

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

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

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 24 March 2025 and were signed by:





S L Williams Junior - Director


DAISY PROPERTY SERVICES LTD (REGISTERED NUMBER: 06692837)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Daisy Property Services 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.

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.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. There are no significant judgements or estimates involved in the preparation of the financial statements.

Turnover
Revenue 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 rates calculated to write off the cost or valuation of fixed assets less their estimated residual value over their expected useful lives, on the following basis:

Vehicle - 25% on straight line basis
Computer Equipment - 25% on straight line basis

Financial instruments
Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.


DAISY PROPERTY SERVICES LTD (REGISTERED NUMBER: 06692837)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
Additions 1,916
At 31 March 2024 1,916
DEPRECIATION
Charge for year 479
At 31 March 2024 479
NET BOOK VALUE
At 31 March 2024 1,437

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 326,574 57,969
Other debtors 79,762 29,396
406,336 87,365

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 76,309 44,185
Other creditors 190,739 125,123
267,048 169,308

DAISY PROPERTY SERVICES LTD (REGISTERED NUMBER: 06692837)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
S L Williams Junior
Balance outstanding at start of year 19,455 27,876
Amounts advanced 545 19,579
Amounts repaid (20,000 ) (28,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 19,455

8. RELATED PARTY DISCLOSURES

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.