BrightAccountsProduction v1.0.0 v1.0.0 2023-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts 29 July 2025 1 1 14440119 2024-10-31 14440119 2023-10-31 14440119 2022-10-31 14440119 2023-11-01 2024-10-31 14440119 2022-11-01 2023-10-31 14440119 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 14440119 uk-curr:PoundSterling 2023-11-01 2024-10-31 14440119 uk-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 14440119 uk-bus:FullAccounts 2023-11-01 2024-10-31 14440119 uk-bus:Director1 2023-11-01 2024-10-31 14440119 uk-bus:RegisteredOffice 2023-11-01 2024-10-31 14440119 uk-bus:Agent1 2023-11-01 2024-10-31 14440119 uk-core:ShareCapital 2024-10-31 14440119 uk-core:ShareCapital 2023-10-31 14440119 uk-core:RevaluationReserve 2024-10-31 14440119 uk-core:RevaluationReserve 2023-10-31 14440119 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 14440119 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 14440119 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 14440119 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-10-31 14440119 uk-bus:FRS102 2023-11-01 2024-10-31 14440119 uk-core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 14440119 uk-core:WithinOneYear 2024-10-31 14440119 uk-core:WithinOneYear 2023-10-31 14440119 uk-core:WithinOneYear 2024-10-31 14440119 uk-core:WithinOneYear 2023-10-31 14440119 uk-core:AfterOneYear 2024-10-31 14440119 uk-core:AfterOneYear 2023-10-31 14440119 uk-core:BetweenOneTwoYears 2024-10-31 14440119 uk-core:BetweenOneTwoYears 2023-10-31 14440119 uk-core:BetweenTwoFiveYears 2024-10-31 14440119 uk-core:BetweenTwoFiveYears 2023-10-31 14440119 2023-11-01 2024-10-31 14440119 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 14440119
 
 
Daisypark Estates Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 October 2024
Daisypark Estates Limited
DIRECTOR AND OTHER INFORMATION

 
Director Geraldine Flanagan
 
 
Company Registration Number 14440119
 
 
Registered Office 8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
 
 
Business Address 301 Upper Brook Street
Manchester
 
 
Accountants Langers
Chartered Certified Accountants
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
GB



Daisypark Estates Limited
Company Registration Number: 14440119
STATEMENT OF FINANCIAL POSITION
as at 31 October 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 5 845,889 865,954
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Current Assets
Cash and cash equivalents 99,877 214,353
Creditors: amounts falling due within one year 6 (36,863) (115,062)
───────── ─────────
Net Current Assets 63,014 99,291
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Total Assets less Current Liabilities 908,903 965,245
 
Creditors:
amounts falling due after more than one year 7 (1,076,665) (1,028,234)
───────── ─────────
Net Liabilities (167,762) (62,989)
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Capital and Reserves
Called up share capital 1 1
Revaluation reserve 8,733 -
Retained earnings (176,496) (62,990)
───────── ─────────
Equity attributable to owners of the company (167,762) (62,989)
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges her responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 29 July 2025
           
           
________________________________          
Geraldine Flanagan          
Director          
           



Daisypark Estates Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 October 2024

   
1. General Information
 
Daisypark Estates Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 14440119. The registered office of the company is 8-10 Gatley Road, Cheadle, Cheshire, SK8 1PY. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 October 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Income Statement.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The comparative figures relate to the 0 month period ended 31 October 2023.
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2023 - 1).
 
  2024 2023
  Number Number
 
Director 1 1
  ═════════ ═════════
         
5. Property, plant and equipment
  Investment Fixtures, Total
  properties fittings and  
    equipment  
  £ £ £
Cost or Valuation
At 1 November 2023 863,985 2,625 866,610
Additions - 5,909 5,909
Disposals (15,107) - (15,107)
Revaluation (8,733) - (8,733)
  ───────── ───────── ─────────
At 31 October 2024 840,145 8,534 848,679
  ───────── ───────── ─────────
Depreciation
At 1 November 2023 - 656 656
Charge for the financial year - 2,134 2,134
  ───────── ───────── ─────────
At 31 October 2024 - 2,790 2,790
  ───────── ───────── ─────────
Net book value
At 31 October 2024 840,145 5,744 845,889
  ═════════ ═════════ ═════════
At 31 October 2023 863,985 1,969 865,954
  ═════════ ═════════ ═════════
       
5.1. Property, plant and equipment continued
 
Investment Property has been revalued by the director with reference to the land registry house price index for flats in the Manchester area.
       
6. Creditors 2024 2023
Amounts falling due within one year £ £
 
Bank loan 21,044 89,055
Director's current account 4,217 20,593
Other creditors 5,828 4,538
Accruals and deferred income 5,774 876
  ───────── ─────────
  36,863 115,062
  ═════════ ═════════
       
7. Creditors 2024 2023
Amounts falling due after more than one year £ £
 
Bank loan 1,076,665 1,028,234
  ═════════ ═════════
 
Loans
Repayable in one year or less, or on demand (Note 6) 21,044 89,055
Repayable between one and two years 22,398 19,580
Repayable between two and five years 1,054,267 1,008,654
  ───────── ─────────
  1,097,709 1,117,289
  ═════════ ═════════
 
       
8. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 October 2024.
           
9. Related party transactions
 
At 31st October 2024 the company owed director Geraldine Flanagan £4,217 (2023 £20,592). No interest has been charged to the company in respect of these loans which are repayable on demand and classified in creditors due within one year.
   
10. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.
       
11. Changes in Equity
 
Other Comprehensive Income 2024 2023
  £ £
 
Revaluation reserve unrealised movement on revaluation of property 8,733 -
  ═════════ ═════════