K. Daly Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 05024530

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,873		2,499

			1,873		2,499
CURRENT ASSETS
Stocks		1,000		1,000
Debtors		10,087		51,968
Cash at bank and in hand		34,085		41,050

		45,172		94,018
Creditors: Amounts Falling Due Within One Year		(74,497 )		(71,457 )

NET CURRENT ASSETS (LIABILITIES)			(29,325 )		22,561

TOTAL ASSETS LESS CURRENT LIABILITIES			(27,452 )		25,060

NET (LIABILITIES)/ASSETS			(27,452 )		25,060

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			(27,552 )		24,960

SHAREHOLDERS' FUNDS			(27,452)		25,060

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K. Daly Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

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 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.

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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr David Daly Director	Mr Kenneth Daly Director
11/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

K. Daly Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05024530 . The registered office is 23 North Mount Road, Kirkby, Liverpool, Lancashire, L32 2AZ.

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

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. 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:

Plant & Machinery	20% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Employees	2	2

	2	2

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	37,337

As at 31 March 2025	37,337

Depreciation
As at 1 April 2024	34,838
Provided during the period	626

As at 31 March 2025	35,464

Net Book Value
As at 31 March 2025	1,873

As at 1 April 2024	2,499

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K. Daly Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

6. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	29,290	52,066

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