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Registered number: 09840902
DAYBREAK PROPERTY LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 OCTOBER 2025
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DAYBREAK PROPERTY LIMITED
REGISTERED NUMBER: 09840902
STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2025
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Capital redemption reserve
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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 3 March 2026.
The notes on pages 3 to 6 form part of these financial statements.
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DAYBREAK PROPERTY LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2025
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Capital redemption reserve
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Comprehensive income for the year
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Comprehensive income for the year
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The notes on pages 3 to 6 form part of these financial statements.
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DAYBREAK PROPERTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Daybreak Property Limited (formerly known as Daybreak Foods Holdings Limited) is a company limited by shares, incorporated in England and Wales. The registered office address is Madison House, 31 High Street, Sunninghill, Ascot, Berkshire, SL5 9NP.
The company changed its name from Daybreak Foods Holdings Limited to Daybreak Property Limited on 4 February 2025.
Daybreak Property Limited is an investment property company.
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 requirements 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 following principal accounting policies have been applied:
The financial statements are prepared on a going concern basis, despite the balance sheet showing net current liabilities of £583,683 (2024 - £657,905) which includes amounts owed to group companies of £732,088 (2024 - £732,088). A group company has confirmed that it will continue to support the company in order for it to settle its liabilities as they fall due for a period of not less than 12 months from the date of approval of these financial statements. As such, the directors believe that there are no significant uncertainties in his assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis.
Revenue is recognised by the company in respect of rental income receivable in the period, exclusive of value added tax.
Income is recognised according to the rental period to which it relates. Lease incentives, where given, are spread across the term of the lease.
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DAYBREAK PROPERTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
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Current and deferred taxation
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The tax expense for the year comprises current and deferred tax. 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.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits;
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and
∙Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Investment property is carried at fair value determined annually by a director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the statement of comprehensive income.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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DAYBREAK PROPERTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
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Freehold investment property
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The 2025 valuations were made by a director, who is not a qualified property professional, on an open market value basis.
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Cash and cash equivalents
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Other taxation and social security
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Accruals and deferred income
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DAYBREAK PROPERTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
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Allotted, called up and fully paid
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10,000 Ordinary shares of £1 each
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The immediate and ultimate parent undertaking is Daybreak Group Holdings Limited, a company incorporated in England and Wales and whose registered address is Madison House, 31 High Street, Sunningdale, Ascot, Berkshire, SL5 9NP.
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The ultimate controlling parties are its directors.
The auditors' report on the financial statements for the year ended 31 October 2025 was unqualified.
The audit report was signed on 6 March 2026 by Simon Carr (Senior statutory auditor) on behalf of Barnes Roffe Audit Limited.
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