Company Registration No. 9671955 (England and Wales)
D. A. C. Design and Development Limited
Unaudited accounts
for the year ended 31 August 2024
D. A. C. Design and Development Limited
Unaudited accounts
Contents
D. A. C. Design and Development Limited
Company Information
for the year ended 31 August 2024
Director
Mr Charles Harding & Mr Daniel Coleman
Company Number
9671955 (England and Wales)
Registered Office
3 Flatts Close
Ibstock
Leicestershire
LE67 6PJ
Accountants
Diamond Accountancy Services Ltd
22 Chestnut Lane
Clifton Campville
Tamworth
Staffordshire
B79 0BN
D. A. C. Design and Development Limited
Statement of financial position
as at 31 August 2024
Tangible assets
16,286
22,684
Investments
832,271
669,771
Cash at bank and in hand
81,982
11,202
Creditors: amounts falling due within one year
(285,981)
(326,506)
Net current liabilities
(361,505)
(278,089)
Total assets less current liabilities
487,052
414,366
Creditors: amounts falling due after more than one year
(7,624)
(17,576)
Net assets
479,428
396,790
Called up share capital
100
100
Profit and loss account
479,328
396,690
Shareholders' funds
479,428
396,790
For the year ending 31 August 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 13 May 2025 and were signed on its behalf by
Mr Charles Harding & Mr Daniel Coleman
Director
Company Registration No. 9671955
D. A. C. Design and Development Limited
Notes to the Accounts
for the year ended 31 August 2024
D. A. C. Design and Development Limited is a private company, limited by shares, registered in England and Wales, registration number 9671955. The registered office is 3 Flatts Close, Ibstock, Leicestershire, LE67 6PJ.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
33,730
12,369
46,099
At 31 August 2024
34,779
12,369
47,148
At 1 September 2023
16,875
6,540
23,415
Charge for the year
4,354
3,093
7,447
At 31 August 2024
21,229
9,633
30,862
At 31 August 2024
13,550
2,736
16,286
At 31 August 2023
16,855
5,829
22,684
D. A. C. Design and Development Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Investments
Other investments
Valuation at 1 September 2023
669,771
Valuation at 31 August 2024
832,271
An investment of £669,771 has been made into future development projects.
Work in progress
(157,506)
-
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,648
10,648
Trade creditors
17,222
3,538
Taxes and social security
117,119
125,252
Other creditors
140,992
187,068
9
Creditors: amounts falling due after more than one year
2024
2023
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).