2 false false false false false false false false false false true false false false false false false No description of principal activity 2024-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 20,724 18,480 561 19,041 1,683 2,244 xbrli:pure xbrli:shares iso4217:GBP 2101955 2024-05-01 2025-04-30 2101955 2025-04-30 2101955 2024-04-30 2101955 2023-05-01 2024-04-30 2101955 2024-04-30 2101955 2023-04-30 2101955 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 2101955 bus:Director1 2024-05-01 2025-04-30 2101955 core:WithinOneYear 2025-04-30 2101955 core:WithinOneYear 2024-04-30 2101955 core:ShareCapital 2025-04-30 2101955 core:ShareCapital 2024-04-30 2101955 core:RetainedEarningsAccumulatedLosses 2025-04-30 2101955 core:RetainedEarningsAccumulatedLosses 2024-04-30 2101955 bus:SmallEntities 2024-05-01 2025-04-30 2101955 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 2101955 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 2101955 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 2101955 bus:FullAccounts 2024-05-01 2025-04-30 2101955 bus:OrdinaryShareClass1 2025-04-30 2101955 bus:OrdinaryShareClass1 2024-04-30 2101955 core:ComputerEquipment 2024-05-01 2025-04-30 2101955 core:ComputerEquipment 2025-04-30 2101955 core:ComputerEquipment 2024-04-30
COMPANY REGISTRATION NUMBER: 2101955
Dawnlight Ltd
Filleted Unaudited Financial Statements
For the year ended
30 April 2025
Dawnlight Ltd
Statement of Financial Position
30 April 2025
2025
2024
Note
£
£
£
Fixed assets
Tangible assets
5
1,683
2,244
Current assets
Debtors
6
107,243
591,933
Cash at bank and in hand
512,363
269,563
---------
---------
619,606
861,496
Creditors: amounts falling due within one year
7
( 49,924)
( 295,655)
---------
---------
Net current assets
569,682
565,841
---------
---------
Total assets less current liabilities
571,365
568,085
Provisions
Taxation including deferred tax
( 320)
( 424)
---------
---------
Net assets
571,045
567,661
---------
---------
Capital and reserves
Called up share capital
8
20,000
20,000
Profit and loss account
551,045
547,661
---------
---------
Shareholders funds
571,045
567,661
---------
---------
These Financial Statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its Financial Statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of Financial Statements .
Dawnlight Ltd
Statement of Financial Position (continued)
30 April 2025
These Financial Statements were approved by the board of directors and authorised for issue on 25 July 2025 , and are signed on behalf of the board by:
Mr Kalpesh Shah
Director
Company registration number: 2101955
Dawnlight Ltd
Notes to the Financial Statements
Year ended 30 April 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 56 Lindsay Drive, Harrow, Middlesex, HA3 0TD.
2. Statement of compliance
These Financial Statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The Financial Statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The Financial Statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
The company exported 100% (2024-2025:100%) of its Turnover.
Taxation
Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable. Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods and is recognised in respect of all timing differences although with certain exceptions. Timing differences are differences between taxable profit and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recoverable against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on investment property (and other non-depreciable tangible fixed assets) is measured using the tax rates and allowances which will apply to the sale of the asset. Amounts of current and deferred tax are generally recognised in profit or loss, except when they relate to items which are recognised in in other comprehensive income or directly in equity and in such cases the amounts are also recognised in other comprehensive or equity as the case may be.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office Equipment
-
25% reducing balance
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Particulars of employees
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 May 2024 and 30 April 2025
20,724
20,724
--------
--------
Depreciation
At 1 May 2024
18,480
18,480
Charge for the year
561
561
--------
--------
At 30 April 2025
19,041
19,041
--------
--------
Carrying amount
At 30 April 2025
1,683
1,683
--------
--------
At 30 April 2024
2,244
2,244
--------
--------
6. Debtors
2025
2024
£
£
Trade debtors
93,079
475,803
Prepayments and accrued income
3,784
3,457
Payments in advance to suppliers
9,784
111,592
VAT refund
596
1,081
---------
---------
107,243
591,933
---------
---------
7. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
40,561
156,465
Accruals and deferred income
6,235
6,235
Corporation tax
2,217
56,500
Social security and other taxes
911
1,099
Customer deposits
75,356
--------
---------
49,924
295,655
--------
---------
8. Called up share capital
Issued, called up and fully paid
2025
2024
No.
£
No.
£
Ordinary shares of £ 1 each
20,000
20,000
20,000
20,000
--------
--------
--------
--------