REGISTERED NUMBER: 04296038 (England and Wales)

DAOTEC LTD

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

O Jura

P Krapfl

Registered office:

The Corn Mill

1 Roydon Road

Stanstead Abbotts

Hertfordshire

SG12 8XL

Registered number:

04296038 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Intangible assets

4

104,113

165,316

Tangible assets

5

-

11,000

104,113

176,316

Current assets

Debtors

6

2,019,266

833,388

Cash at bank and in hand

178,373

414,390

2,197,639

1,247,778

Creditors

Amounts falling due within one year

7

(1,139,192

)

(420,111

)

Net current assets

1,058,447

827,667

Total assets less current liabilities

1,162,560

1,003,983

Capital and reserves

Called up share capital

8

3

3

Retained earnings

9

1,162,557

1,003,980

Shareholders' funds

1,162,560

1,003,983

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 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 12 September 2025 and were signed on its behalf by:

P Krapfl - Director

1.	Statutory information

Daotec Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Computer software is being amortised evenly over its estimated useful life of ten years.

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

Fixtures and fittings

-

10% on cost

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.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Intangible fixed assets

Patents and

Computer

Goodwill

licences

software

Totals

€

€

€

€

Cost

At 1 January 2024

and 31 December 2024

307,818

32,297

95,000

435,115

Amortisation

At 1 January 2024

142,503

32,296

95,000

269,799

Amortisation for year

61,203

-

-

61,203

At 31 December 2024

203,706

32,296

95,000

331,002

Net book value

At 31 December 2024

104,112

1

-

104,113

At 31 December 2023

165,315

1

-

165,316

5.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

€

€

€

Cost

At 1 January 2024

and 31 December 2024

38,688

3,847

42,535

Depreciation

At 1 January 2024

27,688

3,847

31,535

Charge for year

11,000

-

11,000

At 31 December 2024

38,688

3,847

42,535

Net book value

At 31 December 2024

-

-

-

At 31 December 2023

11,000

-

11,000

6.

Debtors: amounts falling due within one year

2024

2023

€

€

Trade debtors

394,728

34,818

Amounts owed by group undertakings

596,562

586,052

Other debtors

1,027,976

212,518

2,019,266

833,388

7.

Creditors: amounts falling due within one year

2024

2023

€

€

Trade creditors

317,045

7,990

Taxation and social security

32,400

3,890

Other creditors

789,747

408,231

1,139,192

420,111

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

€

€

3

Ordinary

£1

3

3

9.

Reserves

Retained

earnings

€

At 1 January 2024

1,003,980

Profit for the year

158,577

At 31 December 2024

1,162,557