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DANE ARCHITECTURAL SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Dane Architectural Systems Limited is a private company limited by shares incorporated in England and
Wales. The registered office is Viking Works, Hamsterley, Newcastle upon Tyne, NE17 7SY.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The following principal accounting policies have been applied:
Following the hive up of trade and assets on 31 December 2017, the directors consider it inappropriate to prepare the financial statements on a going concern basis and therefore the directors have prepared the financial statements on a break-up basis.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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The average monthly number of employees, including directors, during the year was 0 (2024 - 0).
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Amounts owed by group undertakings
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