Registered number: 13525340 | ||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||
Daedalus Development Company Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Somerset | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 13525340 | ||||||||
Daedalus Development Company Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 JULY 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Daedalus Development Company Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Investment Assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
210,632 | 237,432 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT (LIABILITIES) / ASSETS | ( | 100 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Daedalus Development Company Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
The financial statements have been prepared on the going concern basis which assumes the company will continue in operational existence for the foreseeable future. The company relies on the continued support of the shareholders for day to day funding and funds its working capital requirements through a facility, that is repayable only at such time as the company is in a position to repay the outstanding loans. The shareholders have confirmed their intention to maintain support for a period of at least twelve months from the signing of these accounts. On the basis above the directors consider it appropriate to prepare the financial statements on a going concern basis. |
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
1d. Company Information | ||||||||
Daedalus Development Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Lodge, Park Road, Shepton Mallet, Somerset, BA4 5BS. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 4 | |||||
Daedalus Development Company Limited | ||||||||
3. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
Additions | 83,705 | 83,705 | |||||||
At 31 July 2024 | 83,705 | 83,705 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31 July 2024 | 83,705 | 83,705 | |||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Amounts due from group companies | 210,532 | 237,332 | ||||||
210,532 | 237,332 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Shareholders Loan | 76,889 | 53,765 | ||||||
Shareholders Loan | 76,889 | 53,765 | ||||||
Other creditors | 140,459 | 129,802 | ||||||
294,237 | 237,332 | |||||||
6. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||