REGISTERED NUMBER: 11243428 (England and Wales)

DAVANN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B D Dommett

REGISTERED OFFICE:

Unit 3, Bridgend Business Centre

Bennett Street

Bridgend Industrial Estate

Bridgend

CF31 3SH

REGISTERED NUMBER:

11243428 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

631,808

631,808

CURRENT ASSETS

Debtors

5

22,394

20,258

Cash at bank

8,092

11,229

30,486

31,487

CREDITORS

Amounts falling due within one year

6

417,967

404,275

NET CURRENT LIABILITIES

(387,481

)

(372,788

)

TOTAL ASSETS LESS CURRENT LIABILITIES

244,327

259,020

CREDITORS

Amounts falling due after more than one year

7

299,322

312,224

NET LIABILITIES

(54,995

)

(53,204

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(55,095

)

(53,304

)

SHAREHOLDERS' FUNDS

(54,995

)

(53,204

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th September 2025 and were signed by:

B D Dommett - Director

1.	STATUTORY INFORMATION

DavAnn 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 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Not provided

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1st January 2024

and 31st December 2024

631,808

NET BOOK VALUE

At 31st December 2024

631,808

At 31st December 2023

631,808

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,560

-

Other debtors

900

900

Directors' current accounts

-

3,213

Prepayments

14,934

16,145

22,394

20,258

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

6,525

8,622

Other creditors

392,013

393,227

Directors' current accounts

17,046

-

Accruals and deferred income

2,383

2,426

417,967

404,275

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans more than 1 year

299,322

312,224

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

At the year end the company owed £392,013 to related parties (2023 - £393,227).

At year end the company was owed £900 from related parties (2023 - £900).

10.	GOING CONCERN

At the balance sheet date, the company had net liabilities of £54,995. In light of this, the director has agreed to continue to support the company for the foreseeable future and therefore prepared the financial statements on a going concern basis.

The financial statements do not reflect any adjustments that would be made if they were prepared on a basis other than the going concern basis.