Daniels Investments Limited - Filleted accounts

Daniels Investments Limited
Registered number:		09358730
Statement of Financial Position
as at 31 May 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		1,437,947			1,469,482

Current assets
Debtors	5	3,680			103,596
Cash at bank and in hand		18,059			7,521
		21,739			111,117

Creditors: amounts falling due within one year	6	(650,582)			(873,363)

Net current liabilities			(628,843)			(762,246)

Total assets less current liabilities			809,104			707,236

Creditors: amounts falling due after more than one year	7		(819,669)			(694,824)



Net (liabilities)/assets			(10,565)			12,412

Capital and reserves
Called up share capital			100			100
Fair value reserve	8		(21,996)			8,004
Profit and loss account			11,331			4,308

Shareholders' funds			(10,565)			12,412

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Michael Daniels
Director
Approved by the board on 18 August 2026

Daniels Investments Limited
Notes to the Accounts
for the year ended 31 May 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from property rental. Turnover from the rental is recognised by reference to the stage of completion of the tenancy.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% straight line
	Fixtures and fittings			25% reducing balance

	Investments
	Investment properties are included at fair value. Gains and losses are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.



2	Exceptional items					2026		2025
£							£

	Value adjustments on fixed assets and current asset investments					30,000		52,000
						30,000		52,000


3	Employees and directors					2026		2025
Number							Number

	Average number of directors and persons employed by the company					2		2


4	Tangible fixed assets
		Investment properties		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 June 2025	1,463,000		2,375		18,043		1,483,418
	Fair value movements	(30,000)		-		-		(30,000)
	At 31 May 2026	1,433,000		2,375		18,043		1,453,418

	Depreciation
	At 1 June 2025	-		594		13,342		13,936
	Charge for the year	-		594		941		1,535
	At 31 May 2026	-		1,188		14,283		15,471

	Net book value
	At 31 May 2026	1,433,000		1,187		3,760		1,437,947
	At 31 May 2025	1,463,000		1,781		4,701		1,469,482




5	Debtors					2026		2025
£							£

	Prepayments					3,480		3,396
	Other debtors					200		100,200
						3,680		103,596


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Accruals					3,910		3,771
	Corporation tax					1,988		4,391
	Other creditors					644,684		865,201
						650,582		873,363


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					819,669		694,824


8	Fair value reserve					2026		2025
£							£

	At 1 June 2025					8,004		53,382
	Movement on revaluation of land and buildings					(30,000)		(52,000)
	Deferred taxation arising on the revaluation of land and buildings					-		6,622

	At 31 May 2026					(21,996)		8,004


9	Other information

	Daniels Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
	269 Farnborough Road
	Farnborough
	Hampshire
	GU14 7LY