

			Company registration number:01561508






		DAY IN IMPORT & EXPORT CO LTD

			FINANCIAL STATEMENTS

			FOR THE YEAR ENDED 31 December 2024



DAY IN IMPORT & EXPORT CO LTD

BALANCE SHEET

AS AT 31 December 2024


		2024		2023
	Notes	£	£	£	£

FIXED ASSETS
Tangible assets	3		372,892		421,320

			372,892		421,320

CURRENT ASSETS
Stocks		610,980		826,970
Debtors	4	136,815		147,246
Cash at bank and in hand		392,741		324,762

		1,140,536		1,298,978

CREDITORS
Amounts falling due within one year	5	(479,436)		(673,831)

NET CURRENT ASSETS			661,100		625,147

TOTAL ASSETS LESS
CURRENT LIABILITIES			1,033,992		1,046,467

Creditors falling due after one year	6		(187,936)		(239,399)

PROVISIONS FOR LIABILITIES			((14,662))		((14,092))

NET ASSETS			860,718		821,160



CAPITAL AND RESERVES
Called-up equity share capital	7		4,800		4,800
Share Premium Account			17,000		17,000
Other Reserves			4,200		4,200
Profit and loss account			834,718		795,160

SHAREHOLDERS FUNDS			860,718		821,160


For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.


The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.


These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies re within Part 15 of the Companies Act 2006. Approved by the board of directo signed on its behalf.


The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.


..........................................................................
Mr Raymond Bin Ghee Yau

4 September 2025
The annexed notes form part of these financial statements.



DAY IN IMPORT & EXPORT CO LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

	Share	Share	P and L	Revaluation	Other	Total
	Capital	Premium	Account	reserve	reserves	equity
	£	£	£	£	£	£
Balance at 1 January 2023	6,000	17,000	876,622	0	3,000	903,822

Changes in equity
Share issue	(1,200)	0	0	0	0	1,200
Total Comprehensive Income	0	0	(81,462)	0	0	188,538
Balance at 31 December 2023	4,800	17,000	795,160	0	4,200	821,160

Changes in equity
Dividend	0	0	(2,667)	0	0	(2,667)
Total comprehensive income	0	0	42,225	0	0	42,225
Balance at 31 December 2024	4,800	17,000	834,718	0	4,200	860,718

DAY IN IMPORT & EXPORT CO LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Accounting policies

Statutory information

The company is registered in England and its registered number is 01561508 The company is a private company limited by shares. Its registered office is 1 Wrottesley Street, Birmingham, B5 4RS .

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnove is recognised when the goods are physically delivered to the customer.

Foreign Currency

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Land and Building 4% straight line basis Plant and Machinery 15% straight line basis Motor vehicles 25% reducing balance basis Fixtures and fittings 15% straight line basis

Stocks and Work In Progress

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Leasing

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis over the life of the lease.

Deferred Taxation

Deferred tax is provided on the liabiltity method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for all material timing differences.

Pension Scheme

The company operates a small self administered pension schemes. The funds of the schemes are administered by Trustees and are separate from the company. Independent actuaries complete valuations at least every three years and , in accordance with their recommendations monthly contributions are paid to the schemes and these pension contributions are charged to profit and loss account. The company also operate a defined contribution pension scheme, NEST pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Employees

The average number of persons employed by the company (including directors) during the year was 36.



3.	Tangible fixed assets

		Land/Buildings	Plant	Motor	F and F	Total

	Cost
	At start of period	723,782	11,814	266,564	432,010	1,434,170
	Additions	0	0	24,991	11,543	36,534
	Disposals	(0)	(0)	(25,556)	(0)	(25,556)
	At end of period	723,782	11,814	265,999	443,553	1,445,148

	Depreciation
	At start of period	487,701	11,814	110,953	402,382	1,012,850
	Provided during the period	28,951	0	45,132	10,799	84,882
	On disposals	(0)	(0)	(25,476)	(0)	(25,476)
	At end of period	516,652	11,814	130,609	413,181	1,072,256

	Net Book Value
	At start of period	236,081	0	155,611	29,628	421,320
	At end of period	207,130	0	135,390	30,372	372,892



4.	Debtors
		2024	2023
		£	£
	Due within one year
	Trade Debtors	45,954	54,811
	Other Debtors	17,534	15,883
	Prepayments and accrued income	73,327	76,552

		136,815	147,246



5.	Creditors due within one year
		2024	2023
		£	£

	Obligations under finance leases	35,389	21,832
	Trade creditors	323,688	499,671
	Bank Loans and Overdrafts	35,682	33,799
	Corporation Tax	22,621	28,597
	Other taxes and social security costs	39,717	46,909
	Other creditors	0	16,000
	Accruals and deferred income	22,339	27,023

		479,436	673,831

6.	Creditors due after one year
		2024	2023
		£	£

	Bank Loans	66,057	101,738
	Obligations under finance leases	121,879	137,661

		187,936	239,399


7.	Share capital	Alloted, Issued and fully paid
		Alloted, Issued and fully paid
		2024	2023
		£	£

	Ordinary shares of £1 each	4,800	4,800
	Total issued share capital	4,800	4,800

Pension schemes

The company operates a defined contribution scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

Related Party Transactions

The company operates a Small Self-Administered Pension Scheme and the total rentals paid in the year was £23,000 in respect of the property at Cato Street.