2024-04-01 2025-03-31 false No description of principal activity Capium Accounts Production 1.1 05083228 2024-04-01 2025-03-31 05083228 bus:FullAccounts 2024-04-01 2025-03-31 05083228 bus:Micro-entities 2024-04-01 2025-03-31 05083228 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05083228 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05083228 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05083228 2024-04-01 2025-03-31 05083228 2025-03-31 05083228 bus:RegisteredOffice 2024-04-01 2025-03-31 05083228 core:WithinOneYear 2025-03-31 05083228 core:AfterOneYear 2025-03-31 05083228 1 2024-04-01 2025-03-31 05083228 bus:Director1 2024-04-01 2025-03-31 05083228 bus:Director1 2025-03-31 05083228 bus:Director1 2023-04-01 2024-03-31 05083228 bus:Director2 2024-04-01 2025-03-31 05083228 bus:Director2 2025-03-31 05083228 bus:Director2 2023-04-01 2024-03-31 05083228 2023-04-01 05083228 bus:CompanySecretary1 2024-04-01 2025-03-31 05083228 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 05083228 2023-04-01 2024-03-31 05083228 2024-03-31 05083228 core:WithinOneYear 2024-03-31 05083228 core:AfterOneYear 2024-03-31 05083228 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 05083228 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 05083228 bus:OrdinaryShareClass1 2025-03-31 05083228 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 05083228 bus:OrdinaryShareClass1 2024-03-31 05083228 core:FurnitureFittings 2024-04-01 2025-03-31 05083228 core:FurnitureFittings 2025-03-31 05083228 core:FurnitureFittings 2024-03-31 05083228 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-03-31 05083228 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 05083228 core:NetGoodwill 2024-04-01 2025-03-31 05083228 core:NetGoodwill 2025-03-31 05083228 core:NetGoodwill 2024-03-31 05083228 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 05083228 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 05083228 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 05083228 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 05083228 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 05083228 core:Non-currentFinancialInstruments 2025-03-31 05083228 core:Non-currentFinancialInstruments 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered Number: 05083228
England and Wales
DAILY NEWS LIMITED
Financial Statements
Period of accounts Start date: 01 April 2024 End date: 31 March 2025

DAILY NEWS LIMITED Contents Page For the year ended 31 March 2025
Company information | 1
Balance sheet | 2

DAILY NEWS LIMITED Company Information For the year ended 31 March 2025
Directors | MR EBRAHIM PATEL MRS AYSHA PATEL
Registered Number | 05083228
Registered Office | 40 GREAT HORTON ROAD BRADFORD WEST YORKSHIRE BD7 1AL
Accountants | TRUETAX LTD 467 GREAT HORTON ROAD BRADFORD BD7 3DL
Secretary | MR EBRAHIM PATEL
1

DAILY NEWS LIMITED Balance Sheet As at 31 March 2025
|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ | £ |  | £ | £
Fixed assets |  |  | 78,226 |  |  | 79,658
Current assets |  | 21,240 |  |  | 9,342 |
Creditors: amount falling due within one year |  | (29,651) |  |  | (10,813) |
Net current assets |  |  | (8,411) |  |  | (1,471)
Total assets less current liabilities |  |  | 69,815 |  |  | 78,187
Creditors: amount falling due after more than one year |  |  | (91,335) |  |  | (89,304)
Net assets |  |  | (21,520) |  |  | (11,117)
Capital and reserves |  |  | (21,520) |  |  | (11,117)
NOTES TO THE ACCOUNTS General Information DAILY NEWS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05083228, registration address 40 GREAT HORTON ROAD, BRADFORD, WEST YORKSHIRE, BD7 1AL. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Intangible assets Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Goodwill Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings | 20% Reducing Balance
Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. | Intangible fixed assets
Cost | Goodwill |  | Total
| £ |  | £
At 01 April 2024 | 72,500 |  | 72,500
Additions | - |  | -
Disposals | - |  | -
At 31 March 2025 | 72,500 |  | 72,500
Net book values
At 31 March 2025 | 72,500 |  | 72,500
At 31 March 2024 | 72,500 |  | 72,500
3. | Tangible fixed assets
Cost or valuation | Fixtures and Fittings |  | Total
| £ |  | £
At 01 April 2024 | 53,999 |  | 53,999
Additions | - |  | -
Disposals | - |  | -
At 31 March 2025 | 53,999 |  | 53,999
Depreciation
At 01 April 2024 | 46,841 |  | 46,841
Charge for year | 1,432 |  | 1,432
On disposals | - |  | -
At 31 March 2025 | 48,273 |  | 48,273
Net book values
Closing balance as at 31 March 2025 | 5,726 |  | 5,726
Opening balance as at 01 April 2024 | 7,158 |  | 7,158
4. | Average number of employees Average number of employees during the year was 2 (2024 : 2).
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' Responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. The financial statements were approved by the board of directors on 25 February 2026 and were signed on its behalf by:
-------------------------------- MRS AYSHA PATEL Director
2