REGISTERED NUMBER: 07875155 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Daneo Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W Xie

SECRETARY:

W Xie

REGISTERED OFFICE:

58 Coatsworth Road

Gateshead

Tyne and Wear

NE8 1QN

REGISTERED NUMBER:

07875155 (England and Wales)

ACCOUNTANTS:

RAA North East Ltd

52-56 Coatsworth Road

Gateshead

NE8 1QN

Fixed assets

Tangible assets

4

2,758

3,077

Current assets

Debtors

5

30,956

31,094

Cash at bank and in hand

45,738

17,329

76,694

48,423

Creditors

Amounts falling due within one year

6

(6,178

)

(6,070

)

Net current assets

70,516

42,353

Total assets less current liabilities

73,274

45,430

Accruals and deferred income

(35,000

)

-

Net assets

38,274

45,430

Capital and reserves

Called up share capital

2,000

2,000

Retained earnings

7

36,274

43,430

38,274

45,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 August 2026 and were signed by:

W Xie - Director

1.	STATUTORY INFORMATION

Daneo Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33.33% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

7,159

193

1,641

8,993

Additions

-

-

582

582

At 31 December 2025

7,159

193

2,223

9,575

DEPRECIATION

At 1 January 2025

4,918

75

923

5,916

Charge for year

336

18

547

901

At 31 December 2025

5,254

93

1,470

6,817

NET BOOK VALUE

At 31 December 2025

1,905

100

753

2,758

At 31 December 2024

2,241

118

718

3,077

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

20,000

15,000

Other debtors

10,956

16,094

30,956

31,094

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,846

3,306

Corporation tax

742

1,557

Social security and other tax

445

941

Pensions

145

266

6,178

6,070

7.

RESERVES

Retained

earnings

£

At 1 January 2025

43,430

Profit for the year

2,844

Dividends

(10,000

)

At 31 December 2025

36,274

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Director received £10,000 dividend as at 31 Dec 2025. (£1,000 - 2024)