REGISTERED NUMBER: 04189227 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DANIEL ROSE RESIDENTIAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Rose Cavanagh

Daniel Primus

SECRETARY:

Alan Cavanagh

REGISTERED OFFICE:

99 White Lion Street

London

N1 9PF

REGISTERED NUMBER:

04189227 (England and Wales)

ACCOUNTANTS:

Defries Weiss (Accountants) Limited

C/O Simmons Gainsford

14th Floor

33 Cavendish Square

London

W1G 0PW

CURRENT ASSETS

Debtors

5

34,116

47,811

Cash at bank and in hand

121,658

96,956

155,774

144,767

CREDITORS

Amounts falling due within one year

6

133,333

137,646

NET CURRENT ASSETS

22,441

7,121

TOTAL ASSETS LESS CURRENT LIABILITIES

22,441

7,121

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

22,439

7,119

SHAREHOLDERS' FUNDS

22,441

7,121

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 19 August 2025 and were signed on its behalf by:

Daniel Primus - Director

Rose Cavanagh - Director

1.	STATUTORY INFORMATION

Daniel Rose Residential 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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:

Short leasehold

20% on straight line basis

Fixtures & fittings

25% on straight line basis

Computer equipment

25% on straight line basis

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments

Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangements constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,016

23,391

26,407

DEPRECIATION

At 1 April 2024

and 31 March 2025

3,016

23,391

26,407

NET BOOK VALUE

At 31 March 2025

-

-

-

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

524

8,244

Other debtors

27,592

33,567

28,116

41,811

Amounts falling due after more than one year:

Other debtors

6,000

6,000

Aggregate amounts

34,116

47,811

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,403

3,137

Taxation and social security

87,032

82,721

Other creditors

42,898

51,788

133,333

137,646

7.	FINANCIAL COMMITMENTS

At the balance sheet date, the company was committed under a lease for office premises to payments of £103,000 (2024: £7,000). The lease expires on 11 July 2029 and £24,000 (2024: £7,000) was due within one year.

8.	CLIENT ACCOUNT

At the balance sheet date the company held £566,540 (2024: £514,866) in a bank account designated as a clients' account. These funds are held in the ordinary course of the company's business and are banked separately from the company's bank accounts. The company has no beneficial interest in the funds held in the clients' bank account, and therefore those funds are not included in the balance sheet.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £9,995 (2024: £23,995) by its directors. This balance is included in other debtors in note 5. This was the maximum amount owed by the directors at any time during the year and it has been repaid to the company since the balance sheet date. No interest is charged on the overdrawn directors' current account balances.