REGISTERED NUMBER: 13132953 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

DARBY DREAMS LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

18,729

10,267

Investments

5

1,950,789

289,336

1,969,518

299,603

CURRENT ASSETS

Debtors

6

126

-

CREDITORS

Amounts falling due within one year

7

1,937,080

219,633

NET CURRENT LIABILITIES

(1,936,954

)

(219,633

)

TOTAL ASSETS LESS CURRENT LIABILITIES

32,564

79,970

PROVISIONS FOR LIABILITIES

8

4,682

2,500

NET ASSETS

27,882

77,470

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

27,881

77,469

27,882

77,470

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

M E Darby - Director

1.	STATUTORY INFORMATION

Darby Dreams Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13132953

Registered office:

15 West Street

Brighton

East Sussex

BN1 2RL

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

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 as modified by the revaluation of certain assets.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and can be reliably measured. Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

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

Going concern

Based on the director's review of the company's expected performance and projected cash flows, the directors have concluded that these financial statements should be prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

4,860

10,697

15,557

Additions

-

12,687

12,687

At 31 March 2025

4,860

23,384

28,244

DEPRECIATION

At 1 April 2024

1,786

3,504

5,290

Charge for year

972

3,253

4,225

At 31 March 2025

2,758

6,757

9,515

NET BOOK VALUE

At 31 March 2025

2,102

16,627

18,729

At 31 March 2024

3,074

7,193

10,267

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

289,336

Additions

1,710,278

Revaluations

(48,825

)

At 31 March 2025

1,950,789

NET BOOK VALUE

At 31 March 2025

1,950,789

At 31 March 2024

289,336

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2025

(48,825

)

Cost

1,999,614

1,950,789

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

126

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

-

22,062

Other creditors

1,937,080

197,571

1,937,080

219,633

Included within other creditors are amounts of £1,935,880 (2024: £196,372) owed to the directors. This amount is interest-free and repayable on demand.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

4,682

2,500

Deferred

tax

£

Balance at 1 April 2024

2,500

Movement

2,182

Balance at 31 March 2025

4,682

9.	CAPITAL COMMITMENTS

At 31 March 2025, the company was committed to further investment of £148,850 (2024: £285,398) into a managed investment fund. Any increase will be funded by an increase in directors loan.