THE DALY PARTNERS LTD

Company Registration Number:
10617696 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

THE DALY PARTNERS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

THE DALY PARTNERS LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 67,265 94,435
Tangible assets: 4 297,963 361,311
Total fixed assets: 365,228 455,746
Current assets
Stocks: 358,936 563,833
Debtors:   438,373 367,886
Cash at bank and in hand: 64,199 69,781
Total current assets: 861,508 1,001,500
Creditors: amounts falling due within one year: 5 (1,156,019) (791,075)
Net current assets (liabilities): (294,511) 210,425
Total assets less current liabilities: 70,717 666,171
Creditors: amounts falling due after more than one year: 6 (4,626,255) (4,118,905)
Provision for liabilities: (20,344) (20,344)
Total net assets (liabilities): (4,575,882) (3,473,078)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (4,575,982) (3,473,178)
Shareholders funds: (4,575,882) (3,473,078)

The notes form part of these financial statements

THE DALY PARTNERS LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 October 2025
and signed on behalf of the board by:

Name: T Daly
Status: Director

The notes form part of these financial statements

THE DALY PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 been 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 contracted costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Tangible assets over 5 years, Intangible assets over 5 years.

Other accounting policies

Debtors: Short term debtors are measured at transactional price (which is usually the invoice price), less any impairment 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), less any impairment losses for bad and doubtful debts. 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 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.

THE DALY PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 43 44

The DALY Partners LIMITED is a private limited company limited by shares and incorporated in England. Its registered office is: I The Briars, Waterberry Drive, Waterlooville, Hampshire, P07 7YH. ULTIMATE PARENT COMPANY: The company is a wholly owned subsidiary of Paleo Ridge Limited, company number 13601030 (incorporated in England and Wale

THE DALY PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 177,952
Additions 9,800
At 31 March 2025 187,752
Amortisation
At 01 April 2024 83,517
Charge for year 36,970
At 31 March 2025 120,487
Net book value
At 31 March 2025 67,265
At 31 March 2024 94,435

THE DALY PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 555,556
Additions 37,405
Disposals (1,133)
At 31 March 2025 591,828
Depreciation
At 01 April 2024 194,245
Charge for year 100,411
On disposals (791)
At 31 March 2025 293,865
Net book value
At 31 March 2025 297,963
At 31 March 2024 361,311

THE DALY PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

Included within creditors - amounts falling due within one year' is the amount of £766,822 in respect of trade creditors (2024 -£559,982). The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension charge amount to £27,098 (2024 - £26,667). Contributions amounting to £4,397 (2024 - £5,276) were payable to the fund and are included in other creditors.

THE DALY PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due after more than one year note

Amounts owed to group undertakings total £1,850,064 (2024 - £1,850,064). Other loans including bank loans total £2,776,191 (2024 - £2,268,841).

THE DALY PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Loans to directors

Name of director receiving advance or credit: T Daly
Description of the loan: Current account
£
Balance at 01 April 2024 0
Advances or credits made: 90,532
Balance at 31 March 2025 90,532

All loans to directors that were outstanding at the year end were cleared within 9 months after the year end.

THE DALY PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

8. Related party transactions

Name of the related party: Paleo Ridge Limited
Relationship:
Subsidiary
Description of the Transaction: Growth capital. The Daly Partners Limited is a wholly owned subsidiary of Paleo Ridge Limited (13601030 incorporated in England and Wales).
£
Balance at 01 April 2024 1,850,064
Balance at 31 March 2025 1,850,064