Company registration number 08396328 (England and Wales)
DALEY & SON (UK) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
DALEY & SON (UK) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
DALEY & SON (UK) LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2024
30 November 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
29,167
24,165
Current assets
Debtors
5
139,202
232,754
Cash at bank and in hand
110
1,390
139,312
234,144
Creditors: amounts falling due within one year
6
(230,207)
(228,828)
Net current (liabilities)/assets
(90,895)
5,316
Net (liabilities)/assets
(61,728)
29,481
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
(61,828)
29,381
Total equity
(61,728)
29,481

For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 6 May 2026
Karen Daley
Director
Company registration number 08396328 (England and Wales)
DALEY & SON (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 2 -
1
Accounting policies
Company information

DALEY & SON (UK) LIMITED is a private company limited by shares incorporated in England and Wales. The registered office is 1 Queens Parade, Brownlow Road, London, N11 2DN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

These financial statements are prepared on the going concern basis. The director has confirmed in writing that the company will continue in operational existence for the foreseeable future.true

1.3
Fixed asset investments

Interest s in its wholly owned subsidiary undertakings are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investment s are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Changes in the fair value of unlisted investments are recognised in profit or loss account in the year concerned.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

DALEY & SON (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 3 -
2
Employees

The average monthly number of person employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
6,473
6,473
Other investments other than loans
22,694
17,692
29,167
24,165
Movements in fixed asset investments
Shares in subsidiaries
Other investments
Total
£
£
£
Cost or valuation
At 1 December 2023
6,473
17,692
24,165
Valuation changes
-
5,002
5,002
At 30 November 2024
6,473
22,694
29,167
Carrying amount
At 30 November 2024
6,473
22,694
29,167
At 30 November 2023
6,473
17,692
24,165
4
Subsidiaries

Details of the company's subsidiaries at 30 November 2024 are as follows:

Name of undertaking
Registered
Nature of business
Class of
% Held
office
shares held
Direct
Indirect
Reamplus Limited
England & Wales
Supply and fitting of floor coverings
Ordinary
100.00
0
Essendon Carpet Co. Ltd
England & Wales
Carpet contractors
Ordinary
100.00
0
DALEY & SON (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
4
Subsidiaries
(Continued)
- 4 -
The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:
Name of undertaking
Profit/(Loss)
Capital and Reserves
£
£
Reamplus Limited
109,219
103,937
Essendon Carpet Co. Ltd
59,562
7,695
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
-
0
73,386
Director's current account
103,947
124,113
Other debtors
35,255
35,255
139,202
232,754
6
Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings
204,780
205,993
Corporation tax
23,627
22,235
Other creditors
1,800
600
230,207
228,828
7
Called up share capital
2024
2023
Ordinary share capital
£
£
Issued and fully paid
100 Ordinary shares of £1 each
100
100
8
Director's transactions

Dividends totalling £0 (2023 - £38,000) were paid in the year in respect of shares held by the company's director.

The director's current account was overdrawn during the year and interest totalling £2,519 (2023: £3,176) was charged on the overdrawn balance at HMRC's official rate of interest. The movement on these loans are as follows:

9
Controlling party

The company was controlled throughout the current and previous year s by the director, by virtue of the fact that she own ed the entire issued share capital of the company.

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