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Registered number: 06933322
Daleoak Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
SPD Accounting Services Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 06933322
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 52,704 58,383
Investments 5 1,000 1,000
53,704 59,383
CURRENT ASSETS
Stocks 6 87,503 122,174
Debtors 7 59,428 96,435
Cash at bank and in hand 577,166 605,705
724,097 824,314
Creditors: Amounts Falling Due Within One Year 8 (60,673 ) (110,147 )
NET CURRENT ASSETS (LIABILITIES) 663,424 714,167
TOTAL ASSETS LESS CURRENT LIABILITIES 717,128 773,550
NET ASSETS 717,128 773,550
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 717,028 773,450
SHAREHOLDERS' FUNDS 717,128 773,550
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Timothy Smales
Director
Mr Geoffrey Butler
Director
17 September 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Daleoak Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06933322 . The registered office is Cloverfield, Horsebridge Road, Kings Somborne, Stockbridge, SO20 6PT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 3-5 years
Motor Vehicles 5 years
Computer Equipment 3 years
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
2.5. Foreign Currencies
Monetary 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 69,553 38,564 9,009 117,126
Additions 14,895 - - 14,895
As at 31 December 2024 84,448 38,564 9,009 132,021
Depreciation
As at 1 January 2024 42,958 7,713 8,072 58,743
Provided during the period 12,057 7,713 804 20,574
As at 31 December 2024 55,015 15,426 8,876 79,317
Net Book Value
As at 31 December 2024 29,433 23,138 133 52,704
As at 1 January 2024 26,595 30,851 937 58,383
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2024 49,800
As at 31 December 2024 49,800
Provision
As at 1 January 2024 48,800
As at 31 December 2024 48,800
Net Book Value
As at 31 December 2024 1,000
As at 1 January 2024 1,000
6. Stocks
2024 2023
£ £
Stock 87,503 122,174
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 51,645 83,745
Other debtors 7,783 12,690
59,428 96,435
Page 3
Page 4
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 41,962 21,400
Bank loans and overdrafts - 62,891
Amounts owed to group undertakings 1,000 1,000
Other creditors 15,679 15,584
Taxation and social security 2,032 9,272
60,673 110,147
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 6,000 6,000
6,000 6,000
11. Ultimate Controlling Party
The company's ultimate controlling party is G W Butler by virtue of his ownership of 100% of the issued share capital in the company.
Page 4