Company Registration No. 04708315 (England and Wales)
Dacorar (Southern) Limited
Unaudited accounts
for the year ended 30 June 2024
Dacorar (Southern) Limited
Unaudited accounts
Contents
Dacorar (Southern) Limited
Company Information
for the year ended 30 June 2024
Company Number
04708315 (England and Wales)
Registered Office
Aberdeen House
South Road
Haywards Heath
West Sussex
RH16 4NG
Dacorar (Southern) Limited
Statement of financial position
as at 30 June 2024
Inventories
395,546
388,046
Debtors
2,520,614
5,529,294
Investments
7,901,933
7,287,869
Cash at bank and in hand
28,719,867
32,251,335
Creditors: amounts falling due within one year
(25,948,497)
(33,680,135)
Net current assets
13,589,463
11,776,409
Net assets
13,589,463
11,776,409
Called up share capital
1
1
Profit and loss account
13,589,462
11,776,408
Shareholders' funds
13,589,463
11,776,409
For the year ending 30 June 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 24 April 2025 and were signed on its behalf by
Colin Whelan
Director
Company Registration No. 04708315
Dacorar (Southern) Limited
Notes to the Accounts
for the year ended 30 June 2024
Dacorar (Southern) Limited is a private company, limited by shares, registered in England and Wales, registration number 04708315. The registered office is Aberdeen House, South Road, Haywards Heath, West Sussex, RH16 4NG.
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.
Amounts falling due within one year
Trade debtors
4,210
398,053
Accrued income and prepayments
-
2,567
Other debtors
2,516,404
5,076,286
5
Investments held as current assets
2024
2023
Listed investments
7,724,390
7,287,869
Unlisted investments
177,543
-
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
25,650,000
33,000,000
Taxes and social security
232,138
367,748
Other creditors
32,418
188,539
Dacorar (Southern) Limited
Notes to the Accounts
for the year ended 30 June 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Non-interest free loans
-
507,688
-
507,688
Non-interest free loans
3,036,422
-
3,036,422
-
3,036,422
507,688
3,036,422
507,688
£500,000 of the loan account of Colin Whelan was repaid on 26/3/2025.
The ultimate parent undertaking is Dacorar Ltd
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).