Daka Light Limited - Filleted accounts

Daka Light Limited
Registered number:		08025171
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		281,512			291,224

Current assets
Debtors	4	67,985			107,663
Cash at bank and in hand		47,014			84,047
		114,999			191,710

Creditors: amounts falling due within one year	5	(134,799)			(168,334)

Net current (liabilities)/assets			(19,800)			23,376

Total assets less current liabilities			261,712			314,600

Creditors: amounts falling due after more than one year	6		(23,302)			(12,143)

Provisions for liabilities			(70,378)			(72,806)


Net assets			168,032			229,651

Capital and reserves
Called up share capital			100			100
Profit and loss account			167,932			229,551

Shareholders' funds			168,032			229,651

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R Garrett
Director
Approved by the board on 3 October 2025

Daka Light Limited
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% on a reducing balance basis
	Computer equipment	33% on a straight line basis
	Motor vehicles	20% on a reducing balance basis

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		3


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 May 2024	379,822		90,945		470,767
	Additions	1,082		67,260		68,342
	Disposals	(3,846)		-		(3,846)
	At 30 April 2025	377,058		158,205		535,263

	Depreciation
	At 1 May 2024	155,773		23,770		179,543
	Charge for the year	57,263		20,396		77,659
	On disposals	(3,451)		-		(3,451)
	At 30 April 2025	209,585		44,166		253,751

	Net book value
	At 30 April 2025	167,473		114,039		281,512
	At 30 April 2024	224,049		67,175		291,224


4	Debtors			2025		2024
£					£

	Trade debtors			57,300		99,214
	Other debtors			10,685		8,449
				67,985		107,663


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			6,737		6,571
	Obligations under finance lease and hire purchase contracts			19,037		34,931
	Trade creditors			1,392		10,361
	Taxation and social security costs			107,044		115,897
	Other creditors			589		574
				134,799		168,334


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			1,142		7,879
	Obligations under finance lease and hire purchase contracts			22,160		4,264
				23,302		12,143


7	Related party transactions

	Dividends of £272,852 (2024: £243,327) were paid to the directors during the period. No material transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard FRS102.


8	Controlling party

	The company was under the control of R Garrett throughout the current and previous financial periods. Mr Garrett is the majority shareholder.


9	Other information

	Daka Light Limited is a private company limited by shares and incorporated in England. Its registered office is:
	River Island
	Jeffries Lane
	Frome
	Somerset
	BA11 2NZ