IRIS Accounts Production v25.1.4.42 03488287 Board of Directors 1.4.24 31.3.25 31.3.25 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh034882872024-03-31034882872025-03-31034882872024-04-012025-03-31034882872023-05-31034882872023-06-012024-03-31034882872024-03-3103488287ns15:EnglandWales2024-04-012025-03-3103488287ns14:PoundSterling2024-04-012025-03-3103488287ns10:Director12024-04-012025-03-3103488287ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3103488287ns10:SmallEntities2024-04-012025-03-3103488287ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3103488287ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3103488287ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3103488287ns10:FullAccounts2024-04-012025-03-3103488287ns10:Director22024-04-012025-03-3103488287ns10:CompanySecretary12024-04-012025-03-3103488287ns10:RegisteredOffice2024-04-012025-03-3103488287ns5:CurrentFinancialInstruments2025-03-3103488287ns5:CurrentFinancialInstruments2024-03-3103488287ns5:ShareCapital2025-03-3103488287ns5:ShareCapital2024-03-3103488287ns5:RevaluationReserve2025-03-3103488287ns5:RevaluationReserve2024-03-3103488287ns5:RetainedEarningsAccumulatedLosses2025-03-3103488287ns5:RetainedEarningsAccumulatedLosses2024-03-3103488287ns5:PlantMachinery2024-03-3103488287ns5:PlantMachinery2025-03-3103488287ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3103488287ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103488287ns5:RevaluationReserve2024-03-31
REGISTERED NUMBER: 03488287 (England and Wales)















DANIEL MARKS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






DANIEL MARKS LIMITED (REGISTERED NUMBER: 03488287)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DANIEL MARKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: D M Draper
Miss C J E Lacey





SECRETARY: Miss C J E Lacey





REGISTERED OFFICE: 45 Turbine Business Centre
Coach Close
Shireoaks
Worksop
Nottinghamshire
S81 8AP





REGISTERED NUMBER: 03488287 (England and Wales)






DANIEL MARKS LIMITED (REGISTERED NUMBER: 03488287)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 158,772 158,772
158,772 158,772

CURRENT ASSETS
Debtors 6 44,000 44,000
Cash at bank 1,817 1,141
45,817 45,141
CREDITORS
Amounts falling due within one year 7 150,687 141,312
NET CURRENT LIABILITIES (104,870 ) (96,171 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,902

62,601

PROVISIONS FOR LIABILITIES 11,250 11,250
NET ASSETS 42,652 51,351

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 71,556 71,556
Retained earnings (29,004 ) (20,305 )
42,652 51,351

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

DANIEL MARKS LIMITED (REGISTERED NUMBER: 03488287)

BALANCE SHEET - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by:





Miss C J E Lacey - Director


DANIEL MARKS LIMITED (REGISTERED NUMBER: 03488287)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Daniel Marks 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

DANIEL MARKS LIMITED (REGISTERED NUMBER: 03488287)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 677
DEPRECIATION
At 1 April 2024
and 31 March 2025 677
NET BOOK VALUE
At 31 March 2025 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 158,772
NET BOOK VALUE
At 31 March 2025 158,772
At 31 March 2024 158,772

The Freehold land and buildings were revalued on 28 October 2016 by an independent valuer who is external to the company. The directors consider the value of the property to be no less than this value as at 31 March 2025. The current value of the assets is £158,772 (2024: £158,772) with a carrying amount at historical cost of £74,337 (2024: £74,337).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 44,000 44,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 90 -
Other creditors 150,597 141,312
150,687 141,312

DANIEL MARKS LIMITED (REGISTERED NUMBER: 03488287)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 71,556

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the end of the year the company owed the directors C Lacey £147,675 (2024 - £139,221) and D Draper £1,369 (2024 - £537). The loans have no interest and no formal repayment terms.