Company Registration No. 07372814 (England and Wales)
DAIRY DAY LIMITED
Unaudited accounts
for the year ended 28 March 2024
DAIRY DAY LIMITED
Unaudited accounts
Contents
DAIRY DAY LIMITED
Company Information
for the year ended 28 March 2024
Company Number
07372814 (England and Wales)
Registered Office
UNIT 3 SHAFTESBURY INDUSTRIAL ESTATE
ICKNIELD WAY
LETCHWORTH GARDEN CITY
HERTS
SG6 1HE
ENGLAND
DAIRY DAY LIMITED
Statement of financial position
as at 28 March 2024
Intangible assets
250,000
250,000
Tangible assets
2,079,596
1,986,948
Cash at bank and in hand
65,298
15,677
Creditors: amounts falling due within one year
(30,995)
(80,446)
Net current assets/(liabilities)
166,008
(7,987)
Total assets less current liabilities
2,495,604
2,228,961
Creditors: amounts falling due after more than one year
(1,488,133)
(1,304,847)
Net assets
1,007,471
924,114
Called up share capital
100
100
Revaluation reserve
567,985
467,985
Profit and loss account
439,386
456,029
Shareholders' funds
1,007,471
924,114
For the year ending 28 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 March 2025 and were signed on its behalf by
Maher KASSEM
Director
Company Registration No. 07372814
DAIRY DAY LIMITED
Notes to the Accounts
for the year ended 28 March 2024
DAIRY DAY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07372814. The registered office is UNIT 3 SHAFTESBURY INDUSTRIAL ESTATE, ICKNIELD WAY, LETCHWORTH GARDEN CITY, HERTS, SG6 1HE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Fair Market Value
Plant & machinery
Cost-Straight line-10%
Motor vehicles
Cost-Straight line-10%
Fixtures & fittings
Cost-Straight line-10%
Intangible fixed assets (including purchased goodwill and patents) are included at the fair market value. No amortization till
date.
4
Intangible fixed assets
Goodwill
DAIRY DAY LIMITED
Notes to the Accounts
for the year ended 28 March 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At valuation
At cost
At cost
At cost
At 29 March 2023
1,150,000
1,174,175
120,220
256,340
2,700,735
Additions
-
130,000
15,658
18,478
164,136
Revaluations
100,000
-
-
-
100,000
At 28 March 2024
1,250,000
1,304,175
135,878
274,818
2,964,871
At 29 March 2023
-
635,081
19,522
59,184
713,787
Charge for the year
-
130,418
13,588
27,482
171,488
At 28 March 2024
-
765,499
33,110
86,666
885,275
At 28 March 2024
1,250,000
538,676
102,768
188,152
2,079,596
At 28 March 2023
1,150,000
539,094
100,698
197,156
1,986,948
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
24,711
-
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
18,742
29,882
Taxes and social security
2,512
1,782
Other creditors
9,741
48,782
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
783,133
599,847
Other creditors
705,000
705,000
DAIRY DAY LIMITED
Notes to the Accounts
for the year ended 28 March 2024
9
Transactions with related parties
Mr. Maher Kassem and Mr. Chadi Kassem are the shareholders of the company and Mr. Maher Kassem is the managing director.
Mr. Maher Kassem has invested £705,000 throughout this year and the previous years which was still outstanding at the balance sheet date.
During the financial year, Dairy Day continued to invest in product development and enhance its production capacity. The company acquired additional machinery to diversify its product range and is actively planning to expand its manufacturing facilities.
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Average number of employees
During the year the average number of employees was 15 (2023: 8).