General Information
Dandelion Capital Ltd is a private company, limited by shares, registered in England and Wales, registration number 15893017, registration address 325 Rayners Lane, Pinner, HA5 5EH.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 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 as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the companys activities.Turnover is shown net of sales/value added tax, returns, rebates and 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 5 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 |
25% Straight Line
|
| Computer Equipment |
33.33% Straight Line
|
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the period was 6.
|
| 3. |
Intangible fixed assets
| Cost |
Goodwill |
|
Total |
| |
£ |
|
£ |
| At 12 August 2024 |
- |
|
- |
| Additions |
234,114 |
|
234,114 |
| Disposals |
- |
|
- |
| At 31 August 2025 |
234,114 |
|
234,114 |
| Amortisation |
| At 12 August 2024 |
- |
|
- |
| Charge for period |
33,289 |
|
33,289 |
| On disposals |
- |
|
- |
| At 31 August 2025 |
33,289 |
|
33,289 |
| Net book values |
| At 31 August 2025 |
200,825 |
|
200,825 |
| At 11 August 2024 |
- |
|
- |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 12 August 2024 |
- |
|
- |
|
- |
| Additions |
39,000 |
|
8,916 |
|
47,916 |
| Disposals |
- |
|
- |
|
- |
| At 31 August 2025 |
39,000 |
|
8,916 |
|
47,916 |
| Depreciation |
| At 12 August 2024 |
- |
|
- |
|
- |
| Charge for period |
5,620 |
|
2,223 |
|
7,843 |
| On disposals |
- |
|
- |
|
- |
| At 31 August 2025 |
5,620 |
|
2,223 |
|
7,843 |
| Net book values |
| Closing balance as at 31 August 2025 |
33,380 |
|
6,693 |
|
40,073 |
| Opening balance as at 12 August 2024 |
- |
|
- |
|
- |
|
| 5. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
1,000
Class A shares of £500.00 each |
500,000 |
|
500,000 |
During the year, the company identified an administrative error in relation to the issue of shares, resulting in an overstatement of share capital of £495,000.
At the reporting date, the shares remain legally in issue and are included within equity at their full nominal value of £500,000.
The company intends to correct this error in the financial year 2025-26 through a formal reduction of share capital, subject to completion of the necessary legal procedures.
No adjustment has been made in these financial statements in respect of this matter.
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2
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