ACCOUNTS - Final Accounts preparation

Registered number: 12703409

DASIA LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025


DASIA LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 4


DASIA LIMITED REGISTERED NUMBER:12703409

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2025

	2025	2024
Note	£	£


Current assets
Stocks		372,450	64,841
Cash at bank and in hand		2,766	5,160
		375,216	70,001
Current liabilities
Creditors: amounts falling due within one year	4	(542)	-
Net current assets		374,674	70,001
Non-current liabilities
Creditors: amounts falling due after more than one year	5	(375,170)	(70,420)

Net liabilities		(496)	(419)

Capital and reserves
Called up share capital	6	1	1
Profit and loss account		(497)	(420)
		(496)	(419)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 July 2026.

J Saul

Director

The notes on pages 3 to 4 form part of these financial statements.

Page 1


DASIA LIMITED REGISTERED NUMBER:12703409

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2025

Page 2


DASIA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

Dasia Ltd is a private limited company registered in England and Wales with its registered office and principal place of business at Frank Saul House, Steele Road, London, NW10 7AR.

The principal activity of the Company is the development of building projects and selling of real estate.

The presentational and functional currency of the the Company is £ Sterling.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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 following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis, which assumes the continued financial support of the Company’s loan creditor as disclosed in Note 8, amounting to £370,420 (2024 – £70,420). In the opinion of the director, the Company will continue to receive such financial support as may be required to enable it to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements, and on this basis the financial statements have been prepared on a going concern basis.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.4

Stocks

Stocks and work in progress represents development property valued at the lower of cost and net realisable value. Cost for this purpose comprises the original purchase of land and buildings, development expenditure and overheads.

In considering the net realisable value of land and properties it is assumed that developments will be completed and sold in the ordinary course of the Company's business and that they would not be placed on the market for immediate sale.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

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DASIA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.6

Creditors

Short-term creditors are measured at the transaction price.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Trade creditors	542	-

5.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Other creditors	375,170	70,420

6.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £1	1	1

Related party transactions

At the Statement of Financial Position date, the company owed £370,420 (2024 – £70,420) to a company controlled by a close family member of a director, included within creditors falling due after more than one year; the balance is unsecured, interest-free and has no fixed repayment terms, and the creditor is entitled to a return on the loan contingent on profits realised on disposal of the development property, with no accrual recognised at the year-end as the profits are not yet certain.

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