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Registered number: 14943199
Daring Capital Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14943199
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,025 6,037
Tangible Assets 5 1,110 798
5,135 6,835
CURRENT ASSETS
Debtors 6 1,450 -
Cash at bank and in hand 116,790 1,707
118,240 1,707
Creditors: Amounts Falling Due Within One Year 7 (4,203 ) (23,447 )
NET CURRENT ASSETS (LIABILITIES) 114,037 (21,740 )
TOTAL ASSETS LESS CURRENT LIABILITIES 119,172 (14,905 )
NET ASSETS/(LIABILITIES) 119,172 (14,905 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Share premium account 250,353 50,000
Profit and Loss Account (131,182 ) (64,906 )
SHAREHOLDERS' FUNDS 119,172 (14,905)
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jeremy Stein
Director
2 December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Daring Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14943199 . The registered office is 71-75 Shelton Street, London, Greater London, WC2H 9JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 1)
2 1
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 8,050
As at 31 March 2025 8,050
Amortisation
As at 1 April 2024 2,013
Provided during the period 2,012
As at 31 March 2025 4,025
Net Book Value
As at 31 March 2025 4,025
As at 1 April 2024 6,037
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Page 4
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 997
Additions 639
As at 31 March 2025 1,636
Depreciation
As at 1 April 2024 199
Provided during the period 327
As at 31 March 2025 526
Net Book Value
As at 31 March 2025 1,110
As at 1 April 2024 798
6. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Trade debtors 500 -
Other debtors 950 -
1,450 -
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Trade creditors 2,330 810
Other creditors 1,873 22,637
4,203 23,447
8. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4