Danika Technology Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05662776

Danika Technology Limited

Filleted Unaudited Financial Statements

For the year ended

31 May 2025

Danika Technology Limited

Financial Statements

Year ended 31 May 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

Danika Technology Limited

Officers and Professional Advisers

THE BOARD OF DIRECTORS	Mrs V Kooner
	Mr H Kooner

COMPANY SECRETARY	Mr H Kooner

REGISTERED OFFICE	ECEN Suite 43
	Enterprise Centre Warth Park
	Michael Way
	Raunds
	Northants
	NN9 6GR

ACCOUNTANTS	Streets
	Chartered accountants
	Potton House
	Wyboston Lakes
	Great North Road
	Wyboston
	Bedford
	England
	MK443BZ

Danika Technology Limited

Statement of Financial Position

31 May 2025

	2025	2024
Note	£	£

Current assets

Debtors	5	159,295	179,086
Cash at bank and in hand		61	21
		----------	----------
		159,356	179,107

Creditors: amounts falling due within one year	6	9,691	9,730
		----------	----------
Net current assets		149,665	169,377
		----------	----------
Total assets less current liabilities		149,665	169,377

Creditors: amounts falling due after more than one year	7	4,361	12,987
		----------	----------
Net assets		145,304	156,390
		----------	----------

Capital and reserves

Called up share capital	200	200
Profit and loss account	145,104	156,190
	----------	----------
Shareholders funds	145,304	156,390
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Danika Technology Limited

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 18 November 2025 , and are signed on behalf of the board by:

Mrs V Kooner

Director

Company registration number: 05662776

Danika Technology Limited

Notes to the Financial Statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is ECEN Suite 43, Enterprise Centre Warth Park, Michael Way, Raunds, Northants, NN9 6GR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	33% straight line

4. Tangible assets

	Equipment
	£
Cost
At 1 June 2024 and 31 May 2025	2,199
	-------
Depreciation
At 1 June 2024 and 31 May 2025	2,199
	-------
Carrying amount
At 31 May 2025	–
	-------
At 31 May 2024	–
	-------

5. Debtors

	2025	2024
	£	£
Other debtors	159,295	179,086
	----------	----------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	8,401	8,280
Other creditors	1,290	1,450
	-------	-------
	9,691	9,730
	-------	-------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	4,361	12,987
	-------	--------

8. Directors' advances, credits and guarantees

The director maintains a loan account with the company. At the beginning of the period the director owed the company £135,378 (2024 £143,122). During the period there were advances to the director of £Nil (2024 £2,800) and repayments of £20,685 (2024 £13,710). At the reporting date the director owed the company £117,540 (2024 £135,378). Interest amounting to £2,847 (2024 £3,166) has been charged in the year.