REGISTERED NUMBER: 09490998 (England and Wales)

Dryad Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

AV Wallace

REGISTERED OFFICE:

22 Eaton Avenue

Matrix Office Park

Buckshaw Village

Chorley

Lancashire

PR7 7NA

REGISTERED NUMBER:

09490998 (England and Wales)

ACCOUNTANTS:

McMillan & Co LLP

Chartered Accountants

28 Eaton Avenue

Matrix Office Park

Buckshaw Village

Chorley

Lancashire

PR7 7NA

FIXED ASSETS

Investments

4

3,771,459

3,771,459

Investment property

5

514,220

-

4,285,679

3,771,459

CURRENT ASSETS

Debtors

6

493

188

Cash at bank

29,066

520,964

29,559

521,152

CREDITORS

Amounts falling due within one year

7

15,200

3,932

NET CURRENT ASSETS

14,359

517,220

TOTAL ASSETS LESS CURRENT LIABILITIES

4,300,038

4,288,679

CREDITORS

Amounts falling due after more than one year

8

684,589

677,165

NET ASSETS

3,615,449

3,611,514

CAPITAL AND RESERVES

Called up share capital

9

2,700

2,700

Share premium

3,750,079

3,750,079

Retained earnings

(137,330

)

(141,265

)

SHAREHOLDERS' FUNDS

3,615,449

3,611,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 October 2025 and were signed by:

AV Wallace - Director

1.	STATUTORY INFORMATION

Dryad 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The amounts in the financial statements have been rounded to the nearest £1.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

3,771,459

NET BOOK VALUE

At 31 March 2025

3,771,459

At 31 March 2024

3,771,459

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

514,220

At 31 March 2025

514,220

NET BOOK VALUE

At 31 March 2025

514,220

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

188

188

Tax

305

-

493

188

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

-

3,932

Accrued expenses

15,200

-

15,200

3,932

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

684,589

677,165

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,080

Ordinary A shares

£1

1,080

1,080

1,080

Ordinary B shares

£1

1,080

1,080

270

Ordinary C shares

£1

270

270

270

Ordinary D shares

£1

270

270

2,700

2,700

10.	RELATED PARTY DISCLOSURES

At the year end there was an amount owed of £684,589 (2024: £677,165) to Wallace Financial Consultancy Ltd, a company in which AV Wallace is also a director.