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Registered number: NI665672
DAP SHIPPING LTD
Unaudited Financial Statements
For The Year Ended 30 November 2025
The House of Accountancy LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI665672
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 83,706 34,559
83,706 34,559
CURRENT ASSETS
Debtors 5 11,024 13,287
Cash at bank and in hand 170,333 96,150
181,357 109,437
Creditors: Amounts Falling Due Within One Year 6 (4,984 ) (57,540 )
NET CURRENT ASSETS (LIABILITIES) 176,373 51,897
TOTAL ASSETS LESS CURRENT LIABILITIES 260,079 86,456
Creditors: Amounts Falling Due After More Than One Year 7 (135,943 ) (1,259 )
NET ASSETS 124,136 85,197
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 124,036 85,097
SHAREHOLDERS' FUNDS 124,136 85,197
Page 1
Page 2
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Parkes
Director
31/08/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
DAP SHIPPING LTD is a private company, limited by shares, incorporated in Northern Ireland, registered number NI665672 . The registered office is 347 Monaghan Road, Middletown, Armagh, BT60 4JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Leasehold 0
Plant & Machinery 20
Motor Vehicles 20
Fixtures & Fittings 20
Computer Equipment 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 December 2024 28,126 - 4,500 -
Additions 10,000 10,857 - 30,000
As at 30 November 2025 38,126 10,857 4,500 30,000
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 December 2024 - - 750 -
Provided during the period - - 900 -
As at 30 November 2025 - - 1,650 -
Net Book Value
As at 30 November 2025 38,126 10,857 2,850 30,000
As at 1 December 2024 28,126 - 3,750 -
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2024 1,903 3,573 38,102
Additions 45 249 51,151
As at 30 November 2025 1,948 3,822 89,253
Depreciation
As at 1 December 2024 750 2,043 3,543
Provided during the period 385 719 2,004
As at 30 November 2025 1,135 2,762 5,547
Net Book Value
As at 30 November 2025 813 1,060 83,706
As at 1 December 2024 1,153 1,530 34,559
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,755 12,973
Other debtors 8,269 314
11,024 13,287
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,284 1,862
Other loans 700 -
Other creditors - 53,209
Taxation and social security - 2,469
4,984 57,540
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans - 1,259
Other creditors 135,943 -
135,943 1,259
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5