Company Registration No. 12746876 (England and Wales)
DMR Group Ltd
Unaudited accounts
for the year ended 31 May 2023
DMR Group Ltd
Unaudited accounts
Contents
DMR Group Ltd
Company Information
for the year ended 31 May 2023
Director
Duncan Mark Ridley
Company Number
12746876 (England and Wales)
Registered Office
118 New House Farm Drive
Northfield
Birmingham
B31 2FX
Accountants
R M Accountancy Services Ltd
The Old Post Office
137-139 Long Street
Dordon
Staffordshire
B78 1SH
DMR Group Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
8,642
7,848
Cash at bank and in hand
(2,765)
7,820
Creditors: amounts falling due within one year
(71,439)
(33,133)
Net current assets
41,183
2,524
Total assets less current liabilities
49,825
10,372
Creditors: amounts falling due after more than one year
(38,333)
(5,000)
Called up share capital
1
1
Profit and loss account
11,491
5,371
Shareholders' funds
11,492
5,372
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 January 2024 and were signed on its behalf by
Duncan Mark Ridley
Director
Company Registration No. 12746876
DMR Group Ltd
Notes to the Accounts
for the year ended 31 May 2023
DMR Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12746876. The registered office is 118 New House Farm Drive, Northfield, Birmingham, B31 2FX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
10,464
-
10,464
At 31 May 2023
10,464
3,675
14,139
At 1 June 2022
2,616
-
2,616
Charge for the year
1,962
919
2,881
At 31 May 2023
4,578
919
5,497
At 31 May 2023
5,886
2,756
8,642
At 31 May 2022
7,848
-
7,848
DMR Group Ltd
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
45,387
27,437
Accrued income and prepayments
-
400
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,610
-
Trade creditors
15,684
19,207
Taxes and social security
6,356
9,966
Loans from directors
1,311
2,024
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
-
5,000
8
Average number of employees
During the year the average number of employees was 4 (2022: 2).