REGISTERED NUMBER: 05661722 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Danimak Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D J McDonald

SECRETARY:

M T McDonald

REGISTERED OFFICE:

CSM House

Oliver Close

Grays

Essex

RM20 3EE

REGISTERED NUMBER:

05661722 (England and Wales)

ACCOUNTANTS:

Peter Hodgson & Co.

Chartered Accountants

Shadwell House

65 Lower Green Road

Tunbridge Wells

Kent

TN4 8TW

FIXED ASSETS

Tangible assets

4

175,264

195,332

CURRENT ASSETS

Stocks & work in progress

50,000

210,000

Debtors

5

738,364

644,103

Cash at bank

215,987

68,159

1,004,351

922,262

CREDITORS

Amounts falling due within one year

6

378,049

332,089

NET CURRENT ASSETS

626,302

590,173

TOTAL ASSETS LESS CURRENT LIABILITIES

801,566

785,505

CREDITORS

Amounts falling due after more than one year

7

(11,801

)

(47,629

)

PROVISIONS FOR LIABILITIES

8

(33,300

)

(37,113

)

NET ASSETS

756,465

700,763

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

10

756,265

700,563

SHAREHOLDERS' FUNDS

756,465

700,763

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

D J McDonald - Director

1.	STATUTORY INFORMATION

Danimak 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.

Significant judgements and estimates

There are no significant judgements or estimates pertaining to these accounts.

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.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks & work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Functional currency

The company's functional currency is £ Sterling.

Financial instruments

Basic financial instruments comprising debtors, bank and cash balances are disclosed at fair value after due provision for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

79,222

254,692

333,914

Additions

1,373

76,877

78,250

Disposals

-

(109,692

)

(109,692

)

At 31 December 2024

80,595

221,877

302,472

DEPRECIATION

At 1 January 2024

63,211

75,371

138,582

Charge for year

4,346

41,525

45,871

Eliminated on disposal

-

(57,245

)

(57,245

)

At 31 December 2024

67,557

59,651

127,208

NET BOOK VALUE

At 31 December 2024

13,038

162,226

175,264

At 31 December 2023

16,011

179,321

195,332

Included in fixed assets are motor vehicles which are financed under hire purchase agreements. The net book value of these assets at the balance sheet date amounted to £179,321 and the finance outstanding amounted to £67,114.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

738,364

644,103

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

21,745

19,485

Trade creditors

223,460

277,384

Corporation tax

62,985

11,190

Social security and other taxes

8,851

7,783

VAT

42,570

4,195

Net pay control

14,421

7,138

Directors' current accounts

1,007

1,904

Accrued expenses

3,010

3,010

378,049

332,089

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

11,801

47,629

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

33,300

37,113

Deferred

tax

£

Balance at 1 January 2024

37,113

Accelerated capital allowances

(3,813

)

Balance at 31 December 2024

33,300

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

200

Ordinary

£1

200

200

10.

RESERVES

Retained

earnings

£

At 1 January 2024

700,563

Profit for the year

167,702

Dividends

(112,000

)

At 31 December 2024

756,265