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REGISTERED NUMBER: 01925253 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2025

for

Danes Of Colchester Limited

Danes Of Colchester Limited (Registered number: 01925253)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Danes Of Colchester Limited

Company Information
for the Year Ended 31st March 2025







DIRECTOR: Mr K M Vertigen





REGISTERED OFFICE: 10-12 Smeaton Close
Severalls Park
Colchester
Essex
CO4 9QY





REGISTERED NUMBER: 01925253 (England and Wales)





ACCOUNTANTS: Field & Co LLP
Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF

Danes Of Colchester Limited (Registered number: 01925253)

Balance Sheet
31st March 2025

31/3/25 31/3/24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 17,015 21,126
Tangible assets 5 144,649 98,584
161,664 119,710

CURRENT ASSETS
Stocks 6 88,745 67,969
Debtors 7 159,155 176,229
Cash at bank and in hand 113,118 80,830
361,018 325,028
CREDITORS
Amounts falling due within one year 8 297,599 238,594
NET CURRENT ASSETS 63,419 86,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

225,083

206,144

CREDITORS
Amounts falling due after more than
one year

9

(14,376

)

(37,619

)

PROVISIONS FOR LIABILITIES 11 (29,108 ) (12,033 )
NET ASSETS 181,599 156,492

Danes Of Colchester Limited (Registered number: 01925253)

Balance Sheet - continued
31st March 2025

31/3/25 31/3/24
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 12 17,631 17,631
Share premium 13 84,161 84,161
Capital redemption reserve 13 12,963 12,963
Retained earnings 13 66,844 41,737
SHAREHOLDERS' FUNDS 181,599 156,492

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23rd July 2025 and were signed by:





Mr K M Vertigen - Director


Danes Of Colchester Limited (Registered number: 01925253)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. STATUTORY INFORMATION

Danes Of Colchester 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - at varying rates on cost
Fixtures and fittings - at varying rates on cost
Computer equipment - straight line over 3 years

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

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.


Danes Of Colchester Limited (Registered number: 01925253)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 41 (2024 - 43 ) .

Danes Of Colchester Limited (Registered number: 01925253)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2024
and 31st March 2025 192,552
AMORTISATION
At 1st April 2024 171,426
Amortisation for year 4,111
At 31st March 2025 175,537
NET BOOK VALUE
At 31st March 2025 17,015
At 31st March 2024 21,126

5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST
At 1st April 2024 10,162 11,243 911,205
Additions - - 87,910
At 31st March 2025 10,162 11,243 999,115
DEPRECIATION
At 1st April 2024 7,641 11,243 824,530
Charge for year 282 - 43,944
At 31st March 2025 7,923 11,243 868,474
NET BOOK VALUE
At 31st March 2025 2,239 - 130,641
At 31st March 2024 2,521 - 86,675

Danes Of Colchester Limited (Registered number: 01925253)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2024 92,042 70,261 1,094,913
Additions - 8,913 96,823
At 31st March 2025 92,042 79,174 1,191,736
DEPRECIATION
At 1st April 2024 84,374 68,541 996,329
Charge for year 2,277 4,255 50,758
At 31st March 2025 86,651 72,796 1,047,087
NET BOOK VALUE
At 31st March 2025 5,391 6,378 144,649
At 31st March 2024 7,668 1,720 98,584

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st April 2024
and 31st March 2025 55,333
DEPRECIATION
At 1st April 2024 15,625
Charge for year 10,250
At 31st March 2025 25,875
NET BOOK VALUE
At 31st March 2025 29,458
At 31st March 2024 39,708

6. STOCKS
31/3/25 31/3/24
£    £   
Stocks 88,745 67,969

Danes Of Colchester Limited (Registered number: 01925253)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade debtors 116,149 132,301
Amounts owed by group undertakings - 11,510
Other debtors 43,006 32,418
159,155 176,229

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Bank loans and overdrafts (see note 10) 10,463 10,196
Hire purchase contracts 12,762 12,762
Trade creditors 81,037 68,755
Amounts owed to group undertakings 32,479 -
Taxation and social security 64,088 63,828
Other creditors 96,770 83,053
297,599 238,594

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/25 31/3/24
£    £   
Bank loans (see note 10) 1,747 12,228
Hire purchase contracts 12,629 25,391
14,376 37,619

10. LOANS

An analysis of the maturity of loans is given below:

31/3/25 31/3/24
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,463 10,196

Amounts falling due between one and two years:
Bank loans - 1-2 years 1,747 10,459

Amounts falling due between two and five years:
Bank loans - 2-5 years - 1,769

Danes Of Colchester Limited (Registered number: 01925253)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

11. PROVISIONS FOR LIABILITIES
31/3/25 31/3/24
£    £   
Deferred tax 29,108 12,033

Deferred
tax
£   
Balance at 1st April 2024 12,033
Provided during year 17,075
Balance at 31st March 2025 29,108

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/25 31/3/24
value: £    £   
17,626 Ordinary Shares £1 17,626 17,631
100 Ordinary "A" Shares £0.05 p 5 -
17,631 17,631

13. RESERVES
Capital
Retained Share redemption
earnings premium reserve Totals
£    £    £    £   

At 1st April 2024 41,737 84,161 12,963 138,861
Profit for the year 86,207 86,207
Dividends (61,100 ) (61,100 )
At 31st March 2025 66,844 84,161 12,963 163,968

14. ULTIMATE CONTROLLING PARTY

The controlling party is Mr K M Vertigen.