IRIS Accounts Production v25.1.3.33 04647957 Board of Directors 1.2.24 31.1.25 31.1.25 0 0 false true false false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046479572024-01-31046479572025-01-31046479572024-02-012025-01-31046479572023-01-31046479572023-02-012024-01-31046479572024-01-3104647957ns15:EnglandWales2024-02-012025-01-3104647957ns14:PoundSterling2024-02-012025-01-3104647957ns10:Director12024-02-012025-01-3104647957ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3104647957ns10:SmallEntities2024-02-012025-01-3104647957ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3104647957ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3104647957ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3104647957ns10:FullAccounts2024-02-012025-01-310464795712024-02-012025-01-3104647957ns10:OrdinaryShareClass12024-02-012025-01-3104647957ns10:Director22024-02-012025-01-3104647957ns10:RegisteredOffice2024-02-012025-01-3104647957ns5:CurrentFinancialInstruments2025-01-3104647957ns5:CurrentFinancialInstruments2024-01-3104647957ns5:Non-currentFinancialInstruments2025-01-3104647957ns5:Non-currentFinancialInstruments2024-01-3104647957ns5:ShareCapital2025-01-3104647957ns5:ShareCapital2024-01-3104647957ns5:RetainedEarningsAccumulatedLosses2025-01-3104647957ns5:RetainedEarningsAccumulatedLosses2024-01-3104647957ns5:NetGoodwill2024-02-012025-01-3104647957ns5:LeaseholdImprovements2024-02-012025-01-3104647957ns5:PlantMachinery2024-02-012025-01-3104647957ns5:FurnitureFittings2024-02-012025-01-3104647957ns5:ComputerEquipment2024-02-012025-01-3104647957ns5:NetGoodwill2024-01-3104647957ns5:NetGoodwill2025-01-3104647957ns5:NetGoodwill2024-01-3104647957ns5:LeaseholdImprovements2024-01-3104647957ns5:PlantMachinery2024-01-3104647957ns5:FurnitureFittings2024-01-3104647957ns5:ComputerEquipment2024-01-3104647957ns5:LeaseholdImprovements2025-01-3104647957ns5:PlantMachinery2025-01-3104647957ns5:FurnitureFittings2025-01-3104647957ns5:ComputerEquipment2025-01-3104647957ns5:LeaseholdImprovements2024-01-3104647957ns5:PlantMachinery2024-01-3104647957ns5:FurnitureFittings2024-01-3104647957ns5:ComputerEquipment2024-01-3104647957ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3104647957ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3104647957ns10:OrdinaryShareClass12025-01-3104647957ns5:RetainedEarningsAccumulatedLosses2024-01-3104647957ns5:RetainedEarningsAccumulatedLosses2024-02-012025-01-31
REGISTERED NUMBER: 04647957 (England and Wales)











DAC Enterprises Limited

Unaudited Financial Statements

for the Year Ended 31 January 2025






DAC Enterprises Limited (Registered number: 04647957)

Contents of the Financial Statements
for the Year Ended 31 January 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


DAC Enterprises Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: D A Curtis
Mrs A Curtis





REGISTERED OFFICE: 153 Shilton Road
Barwell
Leicester
LE9 8BQ





REGISTERED NUMBER: 04647957 (England and Wales)





ACCOUNTANTS: TC Group
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF

DAC Enterprises Limited (Registered number: 04647957)

Statement of Financial Position
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 12,379 5,817
12,379 5,817

CURRENT ASSETS
Stocks 7 50,689 81,395
Debtors 8 1,554 -
Cash at bank and in hand 20,525 196
72,768 81,591
CREDITORS
Amounts falling due within one year 9 61,855 51,246
NET CURRENT ASSETS 10,913 30,345
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,292

36,162

CREDITORS
Amounts falling due after more than one
year

10

(7,333

)

(16,000

)

PROVISIONS FOR LIABILITIES (3,095 ) (1,106 )
NET ASSETS 12,864 19,056

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 12,764 18,956
SHAREHOLDERS' FUNDS 12,864 19,056

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

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

DAC Enterprises Limited (Registered number: 04647957)

Statement of Financial Position - continued
31 January 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





D A Curtis - Director


DAC Enterprises Limited (Registered number: 04647957)

Notes to the Financial Statements
for the Year Ended 31 January 2025


1. STATUTORY INFORMATION

DAC Enterprises 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgement, estimates and assumptions about carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Goodwill
Goodwill is written off in equal annual instalments over its estimated useful economic life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Computer equipment - 33% on cost

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

Financial instruments
Debtors

Short-term debtors are measured at transaction price, less any impairment.

Creditors

Short-term creditors are measured at the transaction price.

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 statement of financial position date.


DAC Enterprises Limited (Registered number: 04647957)

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


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

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

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 60,000
AMORTISATION
At 1 February 2024
and 31 January 2025 60,000
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

6. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 February 2024 10,092 3,617 3,264 1,369 18,342
Additions 7,340 - - - 7,340
At 31 January 2025 17,432 3,617 3,264 1,369 25,682
DEPRECIATION
At 1 February 2024 5,423 3,198 2,606 1,298 12,525
Charge for year 646 42 66 24 778
At 31 January 2025 6,069 3,240 2,672 1,322 13,303
NET BOOK VALUE
At 31 January 2025 11,363 377 592 47 12,379
At 31 January 2024 4,669 419 658 71 5,817

7. STOCKS
2025 2024
£    £   
Stocks 50,689 81,395

DAC Enterprises Limited (Registered number: 04647957)

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


8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 1,554 -

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,044
Taxation and social security - 536
Other creditors 51,855 40,666
61,855 51,246

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Other creditors 7,333 16,000

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary shares 1.00 100 100

12. RESERVES
Retained
earnings
£   

At 1 February 2024 18,956
Deficit for the year (5,192 )
Dividends (1,000 )
At 31 January 2025 12,764

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the director made loans to the company, these were interest free and repayable on demand. The balance as at the year end was £51,049 (2024 - £39,279).