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REGISTERED NUMBER: 07067707 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DAYCO PROPERTY MAINTENANCE LTD

DAYCO PROPERTY MAINTENANCE LTD (REGISTERED NUMBER: 07067707)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAYCO PROPERTY MAINTENANCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr S J Day
Mr T J Lloyd





REGISTERED OFFICE: 30 Station Road
Barnet
London
EN5 1PL





REGISTERED NUMBER: 07067707 (England and Wales)





ACCOUNTANTS: TaxAgility Limited
34 Lower Richmond Road
Putney
London
SW15 1JP

DAYCO PROPERTY MAINTENANCE LTD (REGISTERED NUMBER: 07067707)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 248,602 290,035
Property, plant and equipment 5 169,707 51,236
418,309 341,271

CURRENT ASSETS
Inventories 34,880 30,910
Debtors 6 801,523 698,552
Cash at bank 155,870 148,179
992,273 877,641
CREDITORS
Amounts falling due within one year 7 (560,248 ) (497,435 )
NET CURRENT ASSETS 432,025 380,206
TOTAL ASSETS LESS CURRENT
LIABILITIES

850,334

721,477

CREDITORS
Amounts falling due after more than one year 8 (108,226 ) (39,143 )

PROVISIONS FOR LIABILITIES (32,245 ) (9,735 )
NET ASSETS 709,863 672,599

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 414,336 414,336
Retained earnings 294,527 257,263
SHAREHOLDERS' FUNDS 709,863 672,599

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

DAYCO PROPERTY MAINTENANCE LTD (REGISTERED NUMBER: 07067707)

BALANCE SHEET - continued
31 DECEMBER 2024


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 has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by:





Mr S J Day - Director


DAYCO PROPERTY MAINTENANCE LTD (REGISTERED NUMBER: 07067707)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Dayco Property Maintenance Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of 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
Computer equipment - 25% on cost

Stocks
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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.

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 28 (2023 - 40 ) .

DAYCO PROPERTY MAINTENANCE LTD (REGISTERED NUMBER: 07067707)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 414,336
AMORTISATION
At 1 January 2024 124,301
Charge for year 41,433
At 31 December 2024 165,734
NET BOOK VALUE
At 31 December 2024 248,602
At 31 December 2023 290,035

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 38,318 10,326 63,839 14,272 126,755
Additions 4,746 3,900 159,448 2,513 170,607
Disposals - - (21,417 ) - (21,417 )
At 31 December 2024 43,064 14,226 201,870 16,785 275,945
DEPRECIATION
At 1 January 2024 24,882 4,783 39,202 6,652 75,519
Charge for year 4,249 1,504 29,755 4,004 39,512
Eliminated on disposal - - (8,793 ) - (8,793 )
At 31 December 2024 29,131 6,287 60,164 10,656 106,238
NET BOOK VALUE
At 31 December 2024 13,933 7,939 141,706 6,129 169,707
At 31 December 2023 13,436 5,543 24,637 7,620 51,236

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 784,951 683,318
Other debtors 16,572 15,234
801,523 698,552

DAYCO PROPERTY MAINTENANCE LTD (REGISTERED NUMBER: 07067707)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 27,764 24,327
Hire purchase contracts 38,795 -
Trade creditors 181,083 130,949
Taxation and social security 288,748 265,539
Other creditors 23,858 76,620
560,248 497,435

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 4,179 14,167
Hire purchase contracts 94,584 -
Other creditors 9,463 24,976
108,226 39,143

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
Mr S J Day
Balance outstanding at start of year (25,044 ) (81,394 )
Amounts advanced 23,644 56,350
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,400 ) (25,044 )

Mr T J Lloyd
Balance outstanding at start of year (24,931 ) (84,577 )
Amounts advanced 23,742 59,646
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,189 ) (24,931 )

It is confirmed that the director’s current account is debited with personal transactions and credited with
director’s remuneration as well as dividends.

The loan is unsecured, interest free and no repayment terms have been agreed.