Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-3022023-12-01falsejoint ventures in property development2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06413398 2023-12-01 2024-11-30 06413398 2022-12-01 2023-11-30 06413398 2024-11-30 06413398 2023-11-30 06413398 c:Director1 2023-12-01 2024-11-30 06413398 d:OfficeEquipment 2023-12-01 2024-11-30 06413398 d:OfficeEquipment 2024-11-30 06413398 d:OfficeEquipment 2023-11-30 06413398 d:ComputerEquipment 2023-12-01 2024-11-30 06413398 d:ComputerEquipment 2024-11-30 06413398 d:ComputerEquipment 2023-11-30 06413398 d:CurrentFinancialInstruments 2024-11-30 06413398 d:CurrentFinancialInstruments 2023-11-30 06413398 d:Non-currentFinancialInstruments 2024-11-30 06413398 d:Non-currentFinancialInstruments 2023-11-30 06413398 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 06413398 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 06413398 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 06413398 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 06413398 d:UKTax 2023-12-01 2024-11-30 06413398 d:UKTax 2022-12-01 2023-11-30 06413398 d:ShareCapital 2024-11-30 06413398 d:ShareCapital 2023-11-30 06413398 d:RetainedEarningsAccumulatedLosses 2024-11-30 06413398 d:RetainedEarningsAccumulatedLosses 2023-11-30 06413398 c:FRS102 2023-12-01 2024-11-30 06413398 c:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 06413398 c:FullAccounts 2023-12-01 2024-11-30 06413398 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 06413398 2 2023-12-01 2024-11-30 06413398 6 2023-12-01 2024-11-30 06413398 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Registered number: 06413398


DANLEA LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 NOVEMBER 2024


















            img249c.png
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ

 
DANLEA LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DANLEA LIMITED
FOR THE YEAR ENDED 30 NOVEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DANLEA LIMITED for the year ended 30 November 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of DANLEA LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of DANLEA LIMITED and state those matters that we have agreed to state to the Board of Directors of DANLEA LIMITED, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DANLEA LIMITED and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that DANLEA LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of DANLEA LIMITED. You consider that DANLEA LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of DANLEA LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Haggards Crowther LLP
Chartered Accountants
2nd Floor Heathmans House
19 Heathmans Road
London
SW6 4TJ
20 August 2025
Page 1

 
DANLEA LIMITED
REGISTERED NUMBER: 06413398

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 7 
130
130

  
130
130

Current assets
  

Debtors: amounts falling due within one year
 8 
2,240,761
1,340,926

Cash at bank and in hand
 9 
747
3,278

  
2,241,508
1,344,204

Creditors: amounts falling due within one year
 10 
(828,671)
(1,058,312)

Net current assets
  
 
 
1,412,837
 
 
285,892

Total assets less current liabilities
  
1,412,967
286,022

Creditors: amounts falling due after more than one year
  
(1,293,829)
(163,426)

  

Net assets
  
119,138
122,596


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
119,136
122,594

  
119,138
122,596


Page 2

 
DANLEA LIMITED
REGISTERED NUMBER: 06413398
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 August 2025.




J A Samuels
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
DANLEA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

 Danlea Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 06413398 and its registered address is Oatscroft, Heyshott, Midhurst, England, GU29 0DZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future. The Directors have considered the Company’s financial position, projected cash flows, and available funding sources in assessing its ability to continue as a going concern.

 
2.3

Interest income

Interest income is recognised in the income statement using the effective interest method.

 
2.4

Taxation

Tax is recognised in the income statement except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
DANLEA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the income statement.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Income Statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
DANLEA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount 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 the revision and future periods where the revision affects both current and future periods.


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


5.


Taxation


2024
2023
£
£

Corporation tax


Current tax on profits for the year
-
(617)


Total current tax
-
(617)

Factors affecting tax charge for the year

There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax in the UK of  25% (2023 - 25%).



Factors that may affect future tax charges

Future tax charges can be affected by several key factors, including changes in tax laws and rates, differences between accounting and taxable profits (leading to deferred tax), company profitability, use of allowances or incentives, where the business operates geographically, and any one-off or unusual items.
Predictions about future tax charges should take into account both current and upcoming tax legislation, as well as a company’s individual situation and forecasts.

Page 6

 
DANLEA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 December 2023
1,098
1,599
2,697



At 30 November 2024

1,098
1,599
2,697



Depreciation


At 1 December 2023
1,098
1,599
2,697



At 30 November 2024

1,098
1,599
2,697



Net book value



At 30 November 2024
-
-
-



At 30 November 2023
-
-
-


7.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 December 2023
130



At 30 November 2024
130








 

Page 7

 
DANLEA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

8.


Debtors

2024
2023
£
£


Trade debtors
-
557

Other debtors
2,240,761
1,340,369

2,240,761
1,340,926


Included in the other debtors, £1,343 (2023: £5,786) was owed by Dolphin Quay LLP, in which the company has a controlling interest.
Included in the other debtors, a sum of £739,369 (2023: £733,539) was owed by Danfriston Ltd, a wholly owned subsidiary.
Included in the other debtors, a sum of £1,499,970 (2023: £599,970) was owed by Dorchester Apartments Ltd, a company in which Danlea Ltd holds a non-controlling interest.


9.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
747
3,278

747
3,278



10.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
154
-

Other creditors
665,937
896,028

Accruals and deferred income
162,580
162,284

828,671
1,058,312


Page 8

 
DANLEA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

11.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
1,293,829
163,426

1,293,829
163,426



12.


Transactions with directors

Included within the year end creditors balance is an amount due from the company to Mr J Samuel of £665,937 (2023: £896,028). Throughout the year, total withdrawal of funds amounted to £574,999, with total deposits of £640,312 (2023: £600,312). The outstanding balance is unsecured, repayable on demand and not subject to interest.
As at the year end, a sum of £1,293,829 (2023:£163,426) was owed to Tableswitch Ltd, a company under the control of the director J Samuel. Throughout the year, total withdrawal of funds amounted to £Nil, with total deposits of £1,130,403 (2023: £60,000). The outstanding balance is unsecured, repayable on demand and not subject to interest. 


13.


Investments in associates and subsidiaries

Danlea Limited has a 92% share in Dolphin Quay LLP and therefore has ultimate control over this subsidiary. Dolphin Quay LLP is a partnership incorporated in England and Wales. Their registered address is Oatscroft, Heyshott, Midhurst, United Kingdom, GU29 0DZ.
Danlea Limited and its subsidiaries are a small group and therefore exempt from the requirement to prepare group accounts.

 
Page 9