DALA Estate Ltd iXBRL

Company Registration Number: NI701745

DALA Estate Ltd

Unaudited Financial Statements

for the financial year ended 31 January 2025

DALA Estate Ltd

DIRECTORS AND OTHER INFORMATION


Directors	Darren Mone
	Lassarina Mone


Company Registration Number	NI701745


Registered Office	205 Castleblayney Road
	Keady
	Armagh
	Co. Armagh
	BT60 3HY


Accountants	MG accountants
	(Portadown)
	25-27 Carleton Street
	Portadown
	Armagh
	BT623EP
	United Kingdom

DALA Estate Ltd

Company Registration Number: NI701745

BALANCE SHEET

as at 31 January 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

360,386

360,386

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Current Assets

Debtors

12,000

1,236

Cash and cash equivalents

6,352

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18,352

1,236

─────────

Creditors: amounts falling due within one year

(376,177)

(362,742)

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Net Current Liabilities

(357,825)

(361,506)

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Total Assets less Current Liabilities

2,561

(1,120)

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Capital and Reserves

Called up share capital

Retained earnings

2,559

(1,122)

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Equity attributable to owners of the company

2,561

(1,120)

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 13 November 2025 and signed on its behalf by



________________________________
Darren Mone
Director

DALA Estate Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 January 2025

General Information

DALA Estate Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI701745. The registered office of the company is 205 Castleblayney Road, Keady, Armagh, Co. Armagh, BT60 3HY. Investment holding company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 January 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Income Statement.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Period of financial statements

The comparative figures relate to the 12 month period ended 31 January 2024.

Employees

The average monthly number of employees, including directors, during the financial year was 2, (2024 - 2).


5.	Tangible assets
		Investment	Total
		properties

		£	£
	Cost
	At 1 February 2024	360,386	360,386
		─────────	─────────

	At 31 January 2025	360,386	360,386
		─────────	─────────
	Depreciation
	At 1 February 2024	-	-
		─────────	─────────
	At 31 January 2025	-	-
		─────────	─────────
	Net book value
	At 31 January 2025	360,386	360,386
		═════════	═════════
	At 31 January 2024	360,386	360,386
		═════════	═════════


6.	Debtors	2025	2024
		£	£

	Amounts owed by related parties	12,000	-
	Other debtors	-	450
	Prepayments and accrued income	-	786
		─────────	─────────
		12,000	1,236
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Amounts owed to related parties (Note 10)	371,877	360,386
	Taxation (Note 8)	864	-
	Directors' current accounts	2,356	2,356
	Accruals	1,080	-
		─────────	─────────
		376,177	362,742
		═════════	═════════


8.	Taxation	2025	2024
		£	£

	Creditors:
	Corporation tax	864	-
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 January 2025.


10.	Related party transactions

	Net balances with related parties:
		2025	2024
		£	£

	Trading amounts (due from)/owed to related parties	(12,000)	-
		═════════	═════════

		2025	2024
		£	£

	Finance amounts owed to related parties	371,877	360,386
		═════════	═════════

	Included in creditors is an amount of £371,877 owing to Motor Vehicle Transportation Limited. Motor Vehicle Transportation Limited is a related party of the company.

11.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.