REGISTERED NUMBER: 05350055 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Daniel Sandler Ltd

Page

Chartered accountants' report

1

Statement of financial position

2

to

3

Notes to the financial statements

4

to

9

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Daniel Sandler Ltd for the year ended 30 June 2025 which comprise the Income statement, Statement of financial position, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Daniel Sandler Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Daniel Sandler Ltd and state those matters that we have agreed to state to the Board of Directors of Daniel Sandler Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Daniel Sandler Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Daniel Sandler Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Daniel Sandler Ltd. You consider that Daniel Sandler Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Daniel Sandler Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

22 St George's Street

Stamford

Lincolnshire

PE9 2BU

21 April 2026

Fixed assets

Intangible assets

5

-

-

Tangible assets

6

80,731

18,026

80,731

18,026

Current assets

Stocks

7

84,708

142,099

Debtors

8

69,137

85,986

Cash at bank

293,907

110,718

447,752

338,803

Creditors

Amounts falling due within one year

9

73,681

54,623

Net current assets

374,071

284,180

Total assets less current liabilities

454,802

302,206

Creditors

Amounts falling due after more than one year

10

(349,829

)

(55,000

)

Provisions for liabilities

-

(2,715

)

Net assets

104,973

244,491

Capital and reserves

Called up share capital

13

150,000

150,000

Capital redemption reserve

90,000

90,000

Retained earnings

(135,027

)

4,491

Shareholders' funds

104,973

244,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 20 April 2026 and were signed on its behalf by:

D Sandler-Vallance - Director

1.	Statutory information

Daniel Sandler Ltd 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:

05350055

Registered office:

Office 7

35-37 Ludgate Hill

London

EC4M 7JN

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

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Motor vehicles

-

25% on a straight line basis

Computer & office equipmt

-

25% on a straight line basis and Straight line over 4 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Leases and Hire Purchase

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation. Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon an improvement in the company's trading position and continued financial support from its directors, shareholders and related companies and partnerships. The financial statements do not include any adjustments that would arise if such support is not continuing.

4.	Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

5.	Intangible fixed assets

Other

intangible

assets

£

Cost

At 1 July 2024

and 30 June 2025

20,124

Amortisation

At 1 July 2024

and 30 June 2025

20,124

Net book value

At 30 June 2025

-

At 30 June 2024

-

6.	Tangible fixed assets

Computer

Motor

& office

vehicles

equipmt

Totals

£

£

£

Cost

At 1 July 2024

-

45,220

45,220

Additions

62,875

8,322

71,197

Disposals

-

(732

)

(732

)

At 30 June 2025

62,875

52,810

115,685

Depreciation

At 1 July 2024

-

27,194

27,194

Charge for year

1,310

6,724

8,034

Eliminated on disposal

-

(274

)

(274

)

At 30 June 2025

1,310

33,644

34,954

Net book value

At 30 June 2025

61,565

19,166

80,731

At 30 June 2024

-

18,026

18,026

7.

Stocks

2025

2024

£

£

Stocks

84,708

142,099

8.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

5,068

48,012

Amounts owed by participating interests

17,755

24,181

Other debtors

8,893

6,117

VAT

1,635

-

Prepayments

35,786

7,676

69,137

85,986

9.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts (see note 11)

26,051

-

Hire purchase contracts

9,101

-

Trade creditors

17,674

10,780

Corporation tax

-

(4,077

)

Social security and other taxes

3,861

1,533

VAT

-

3,095

Other creditors

-

12,702

Credit card

9,418

5,269

Directors' loan accounts

3,976

21,721

Accrued expenses

3,600

3,600

73,681

54,623

10.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans (see note 11)

247,805

-

Hire purchase contracts

52,024

-

Directors' loan accounts

50,000

55,000

349,829

55,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

143,603

-

11.

Loans

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

26,051

-

Amounts falling due between two and five years:

Bank loans - 2-5 years

104,202

-

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

143,603

-

12.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

273,856

-

The following loans are secured by a personal guarantee from directors S P Sandler-Vallance and D Sandler-Vallance:

RBS loan of £27,858

Funding Cirlce Loan £245,998

13.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

150,000

Ordinary

1

150,000

150,000