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Company Registration No. 02970067 (England and Wales)
A.B.C. Danoto Limited Unaudited accounts for the year ended 30 September 2025
A.B.C. Danoto Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
500,000
500,000
Current assets
Debtors
5
-
1,083
Cash at bank and in hand
13,418
17,126
13,418
18,209
Creditors: amounts falling due within one year
6
(32,668)
(35,441)
Net current liabilities
(19,250)
(17,232)
Total assets less current liabilities
480,750
482,768
Creditors: amounts falling due after more than one year
7
-
(7,500)
Provisions for liabilities
Deferred tax
(22,405)
(22,405)
Net assets
458,345
452,863
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
458,245
452,763
Shareholders' funds
458,345
452,863
For the year ending 30 September 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2026 and were signed on its behalf by
Sukhdev SINGH Director Company Registration No. 02970067
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A.B.C. Danoto Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
A.B.C. Danoto Limited is a private company, limited by shares, registered in England and Wales, registration number 02970067. The registered office is 53A London Road, Leicester, LE2 0PD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025
£
Fair value at 1 October 2024
500,000
At 30 September 2025
500,000
The valuation has been carried out by the directors having regard to condition of the property and the prevailing market in the immediate area.
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A.B.C. Danoto Limited Notes to the Accounts for the year ended 30 September 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
-
1,083
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
7,500
10,000
Taxes and social security
4,761
5,083
Other creditors
11,427
11,378
Loans from directors
7,000
7,000
Accruals
1,980
1,980
32,668
35,441
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
7,500
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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