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REGISTERED NUMBER: 11896236 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2022

for

DAM GROUP UK LIMITED

DAM GROUP UK LIMITED (Registered number: 11896236)






Contents of the Financial Statements
for the Year Ended 30 September 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAM GROUP UK LIMITED

Company Information
for the Year Ended 30 September 2022







DIRECTORS: Mr Kevin David Dryhurst
Mr Mark Anthony Robinson





REGISTERED OFFICE: 112 Mariners Wharf
LIVERPOOL
Merseyside
L3 4DG





REGISTERED NUMBER: 11896236 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

DAM GROUP UK LIMITED (Registered number: 11896236)

Balance Sheet
30 September 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,069,500 776,791
Investments 5 5,000 5,000
1,074,500 781,791

CURRENT ASSETS
Stocks 1,196,614 911,842
Debtors 6 18,154,195 2,890,233
Cash at bank 399,220 1,140,753
19,750,029 4,942,828
CREDITORS
Amounts falling due within one year 7 5,305,615 2,027,722
NET CURRENT ASSETS 14,444,414 2,915,106
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,518,914

3,696,897

PROVISIONS FOR LIABILITIES 203,205 -
NET ASSETS 15,315,709 3,696,897

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 15,315,609 3,696,797
15,315,709 3,696,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DAM GROUP UK LIMITED (Registered number: 11896236)

Balance Sheet - continued
30 September 2022


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 Board of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by:





Mr Kevin David Dryhurst - Director


DAM GROUP UK LIMITED (Registered number: 11896236)

Notes to the Financial Statements
for the Year Ended 30 September 2022

1. STATUTORY INFORMATION

DAM GROUP UK LIMITED 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

DAM GROUP UK LIMITED (Registered number: 11896236)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

2. ACCOUNTING POLICIES - continued

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 378 (2021 - 89 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2021 971,467
Additions 2,016,120
At 30 September 2022 2,987,587
DEPRECIATION
At 1 October 2021 194,676
Charge for year 1,723,411
At 30 September 2022 1,918,087
NET BOOK VALUE
At 30 September 2022 1,069,500
At 30 September 2021 776,791

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2021
and 30 September 2022 5,000
NET BOOK VALUE
At 30 September 2022 5,000
At 30 September 2021 5,000

DAM GROUP UK LIMITED (Registered number: 11896236)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 1,070,502 26,212
Other debtors 17,083,693 2,864,021
18,154,195 2,890,233

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 2,546,451 590,981
Taxation and social security 2,739,502 474,589
Other creditors 19,662 962,152
5,305,615 2,027,722