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REGISTERED NUMBER: 05686967 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Daylum Limited

Daylum Limited (Registered number: 05686967)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Daylum Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr J Aspden
Mrs S Aspden
Mr M Wilson





SECRETARY: Mrs S A Wilson





REGISTERED OFFICE: Crook Foot Cottage
Crook
Kendal
Cumbria
LA8 8LW





REGISTERED NUMBER: 05686967 (England and Wales)





ACCOUNTANTS: Langricks (Holmfirth) Limited
4 Greenfield Road
Holmfirth
West Yorkshire
HD9 2JT

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Daylum Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Daylum Limited for the year ended 28 February 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Daylum Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Daylum Limited and state those matters that we have agreed to state to the Board of Directors of Daylum Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Daylum Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Daylum Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Daylum Limited. You consider that Daylum Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Daylum Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Langricks (Holmfirth) Limited
4 Greenfield Road
Holmfirth
West Yorkshire
HD9 2JT


30 April 2025

Daylum Limited (Registered number: 05686967)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 963,898 968,444

CURRENT ASSETS
Debtors 5 58,307 37,779
Cash at bank 65,719 63,547
124,026 101,326
CREDITORS
Amounts falling due within one year 6 809,396 800,285
NET CURRENT LIABILITIES (685,370 ) (698,959 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,528

269,485

CREDITORS
Amounts falling due after more than one
year

7

-

(2,834

)

PROVISIONS FOR LIABILITIES (2,640 ) (3,504 )
NET ASSETS 275,888 263,147

CAPITAL AND RESERVES
Called up share capital 100 2
Retained earnings 8 275,788 263,145
275,888 263,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Daylum Limited (Registered number: 05686967)

Balance Sheet - continued
28 February 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by:




Mr J Aspden - Director



Mrs S Aspden - Director


Daylum Limited (Registered number: 05686967)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Daylum 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.

Turnover
Turnover 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 the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Daylum Limited (Registered number: 05686967)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

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 4 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 March 2024 950,000 6,192 1,816 17,000 975,008
Additions - 280 - - 280
Disposals - (755 ) - - (755 )
At 28 February 2025 950,000 5,717 1,816 17,000 974,533
DEPRECIATION
At 1 March 2024 - 3,223 861 2,480 6,564
Charge for year - 764 238 3,630 4,632
Eliminated on disposal - (561 ) - - (561 )
At 28 February 2025 - 3,426 1,099 6,110 10,635
NET BOOK VALUE
At 28 February 2025 950,000 2,291 717 10,890 963,898
At 29 February 2024 950,000 2,969 955 14,520 968,444

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 53,736 36,626
Other debtors 4,571 1,153
58,307 37,779

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts - 2,000
Trade creditors 33,251 10,373
Taxation and social security 20,559 5,215
Other creditors 755,586 782,697
809,396 800,285

Daylum Limited (Registered number: 05686967)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Bank loans - 2,834

8. RESERVES

Profit and loss account:
This reserve records retained earnings and accumulated losses.

9. RELATED PARTY DISCLOSURES

The company is related to the directors of the company. During the year to 28 February 2025, the company repaid the directors £33,113 (2024: £23,285). The balance owed to the directors at 28 February 2025 was £745,705 (2024: £778,818) and is included within creditors. Interest of £Nil (2024: £Nil) was charged on this loan.

10. ULTIMATE CONTROLLING PARTY

During the year, the company was under the control of it's directors Mr J Aspden and Mrs S Aspden.