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REGISTERED NUMBER: 11463520 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th November 2024

for

A DALY & SON LTD

A DALY & SON LTD (REGISTERED NUMBER: 11463520)

Contents of the Financial Statements
for the Year Ended 30th November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A DALY & SON LTD

Company Information
for the Year Ended 30th November 2024







DIRECTOR: Mr A M Daly





REGISTERED OFFICE: Cathedral House
5 Beacon Street
Lichfield
Staffordshire
WS13 7AA





REGISTERED NUMBER: 11463520 (England and Wales)






A DALY & SON LTD (REGISTERED NUMBER: 11463520)

Balance Sheet
30th November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,718 4,643

CURRENT ASSETS
Stocks 469,632 430,000
Debtors 5 880 880
Cash at bank 437 44,532
470,949 475,412
CREDITORS
Amounts falling due within one year 6 1,260 50,303
NET CURRENT ASSETS 469,689 425,109
TOTAL ASSETS LESS CURRENT
LIABILITIES

473,407

429,752

CREDITORS
Amounts falling due after more than
one year

7

470,341

426,686
NET ASSETS 3,066 3,066

A DALY & SON LTD (REGISTERED NUMBER: 11463520)

Balance Sheet - continued
30th November 2024

30.11.24 30.11.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,966 2,966
SHAREHOLDERS' FUNDS 3,066 3,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th August 2025 and were signed by:





Mr A M Daly - Director


A DALY & SON LTD (REGISTERED NUMBER: 11463520)

Notes to the Financial Statements
for the Year Ended 30th November 2024


1. STATUTORY INFORMATION

A Daly & Son Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.


A DALY & SON LTD (REGISTERED NUMBER: 11463520)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2024


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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Equipment Totals
£    £    £    £   
COST
At 1st December 2023 125 9,492 1,291 10,908
Additions 314 - - 314
At 30th November 2024 439 9,492 1,291 11,222
DEPRECIATION
At 1st December 2023 31 5,488 746 6,265
Charge for year 102 1,001 136 1,239
At 30th November 2024 133 6,489 882 7,504
NET BOOK VALUE
At 30th November 2024 306 3,003 409 3,718
At 30th November 2023 94 4,004 545 4,643

A DALY & SON LTD (REGISTERED NUMBER: 11463520)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.11.24 30.11.23
£    £   
Other debtors 880 880

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.11.24 30.11.23
£    £   
Trade creditors 35 1,192
Other creditors 1,225 49,111
1,260 50,303

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
30.11.24 30.11.23
£    £   
Other creditors 470,341 426,686

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2024 and 30th November 2023:

30.11.24 30.11.23
£    £   
Mr A M Daly
Balance outstanding at start of year (426,686 ) (424,742 )
Amounts repaid (43,655 ) (1,944 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (470,341 ) (426,686 )