REGISTERED NUMBER: 08458335 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

DAKIN INDUSTRIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

O Garside

Ms M Gschnitzer

REGISTERED OFFICE:

Dakin-Flathers Limited

Boothroyds Way

Green Lane Industrial Estate

Featherstone, Pontefract

West Yorkshire

WF7 6RA

REGISTERED NUMBER:

08458335 (England and Wales)

ACCOUNTANTS:

Brosnans

Chartered Accountants

Birkby House

Bailiff Bridge

Brighouse

West Yorkshire

HD6 4JJ

FIXED ASSETS

Tangible assets

4

7,072,492

4,721,528

CURRENT ASSETS

Debtors: amounts falling due within one year

5

7,304,287

16,711,944

Debtors: amounts falling due after more than one year

5

9,157,316

-

Cash at bank

481,069

2,640,720

16,942,672

19,352,664

CREDITORS

Amounts falling due within one year

6

(154,052

)

(360,770

)

NET CURRENT ASSETS

16,788,620

18,991,894

TOTAL ASSETS LESS CURRENT LIABILITIES

23,861,112

23,713,422

PROVISIONS FOR LIABILITIES

(149,181

)

(12,896

)

NET ASSETS

23,711,931

23,700,526

CAPITAL AND RESERVES

Called up share capital

7

736

736

Retained earnings

23,711,195

23,699,790

SHAREHOLDERS' FUNDS

23,711,931

23,700,526

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

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

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 Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

O Garside - Director

1.	STATUTORY INFORMATION

Dakin Industries 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 as modified by the revaluation of certain assets.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 the cost less estimated residual value of each asset over its estimated useful life.

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

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.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

4,988,403

476,568

5,464,971

Additions

928,469

1,504,827

2,433,296

Disposals

-

(73,146

)

(73,146

)

At 31 March 2025

5,916,872

1,908,249

7,825,121

DEPRECIATION

At 1 April 2024

414,995

328,448

743,443

Charge for year

39,926

28,005

67,931

Eliminated on disposal

-

(58,745

)

(58,745

)

At 31 March 2025

454,921

297,708

752,629

NET BOOK VALUE

At 31 March 2025

5,461,951

1,610,541

7,072,492

At 31 March 2024

4,573,408

148,120

4,721,528

Included in cost of land and buildings is freehold land of £ 330,000 (2024 - £ 330,000 ) which is not depreciated.

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

-

190

Amounts owed by group undertakings

-

321,000

Other debtors

7,304,287

16,390,754

7,304,287

16,711,944

Amounts falling due after more than one year:

Other debtors

9,157,316

-

Aggregate amounts

16,461,603

16,711,944

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

15,201

340,938

Other creditors

138,851

19,832

154,052

360,770

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

736

Ordinary

£1

736

736

8.	RELATED PARTY DISCLOSURES

The ultimate controlling party is Hannibal 1 Limited.