REGISTERED NUMBER: 12890028 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Darden Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Clarke

Mrs J Clarke

REGISTERED OFFICE:

2 Lawnswood Close

Etwall

Derby

DE65 6QH

REGISTERED NUMBER:

12890028 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Investments

4

2,677,068

2,278,768

CURRENT ASSETS

Debtors

5

591,660

1,276,842

Cash at bank and in hand

4,215,573

3,353,781

4,807,233

4,630,623

CREDITORS

Amounts falling due within one year

6

337,164

343,807

NET CURRENT ASSETS

4,470,069

4,286,816

TOTAL ASSETS LESS CURRENT LIABILITIES

7,147,137

6,565,584

PROVISIONS FOR LIABILITIES

271,445

5,339

NET ASSETS

6,875,692

6,560,245

CAPITAL AND RESERVES

Called up share capital

7,000

7,000

Share premium

7

393,000

393,000

Fair value reserve

7

3,637

16,675

Retained earnings

7

6,472,055

6,143,570

SHAREHOLDERS' FUNDS

6,875,692

6,560,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by:

P J Clarke - Director

1.	STATUTORY INFORMATION

Darden Holdings Limited 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Darden Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Fixed asset investments

Listed investments are valued at their fair value at the Balance Sheet date and any changes between the previous year end or acquisition, as applicable are recognised in the profit and loss account and transferred to a fair value reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date including provision for potential tax arising on investment revaluations.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 October 2023

400,000

1,878,768

2,278,768

Additions

-

489,487

489,487

Disposals

-

(344,255

)

(344,255

)

Revaluations

-

253,068

253,068

At 30 September 2024

400,000

2,277,068

2,677,068

NET BOOK VALUE

At 30 September 2024

400,000

2,277,068

2,677,068

At 30 September 2023

400,000

1,878,768

2,278,768

Cost or valuation at 30 September 2024 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2024

400,000

2,277,068

2,677,068

The fair value of listed investments was determined with reference to the quoted market price at the reporting date. The cost of the shares on acquisition was £2,001,987 (2023: £1,856,754).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

543,675

1,253,275

Prepayments and accrued income

47,985

23,567

591,660

1,276,842

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Tax

23,489

406

Directors' loan accounts

313,675

343,401

337,164

343,807

7.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1 October 2023

6,143,570

393,000

16,675

6,553,245

Profit for the year

473,323

473,323

Dividends

(157,875

)

(157,875

)

Transfer

13,037

-

(13,038

)

(1

)

At 30 September 2024

6,472,055

393,000

3,637

6,868,692