DOMINION FIDUCIARY SERVICES UK LIMITED

Company Registration Number:
11848018 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

DOMINION FIDUCIARY SERVICES UK LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

DOMINION FIDUCIARY SERVICES UK LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 128,017 130,007
Tangible assets: 4 5,714 12,582
Total fixed assets: 133,731 142,589
Current assets
Debtors:   152,610 193,983
Cash at bank and in hand: 15,695 26,103
Total current assets: 168,305 220,086
Net current assets (liabilities): 168,305 220,086
Total assets less current liabilities: 302,036 362,675
Creditors: amounts falling due after more than one year:   (840,093) (909,215)
Total net assets (liabilities): (538,057) (546,540)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (538,059) (546,542)
Shareholders funds: (538,057) (546,540)

The notes form part of these financial statements

DOMINION FIDUCIARY SERVICES UK LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 March 2024
and signed on behalf of the board by:

Name: Karim Bruno Eugenio Bottai
Status: Director

The notes form part of these financial statements

DOMINION FIDUCIARY SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DOMINION FIDUCIARY SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 1 2

DOMINION FIDUCIARY SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 130,007
Transfers (1,990)
At 30 June 2023 128,017
Net book value
At 30 June 2023 128,017
At 30 June 2022 130,007

DOMINION FIDUCIARY SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 42,899
At 30 June 2023 42,899
Depreciation
At 01 July 2022 30,317
Charge for year 6,868
At 30 June 2023 37,185
Net book value
At 30 June 2023 5,714
At 30 June 2022 12,582

DOMINION FIDUCIARY SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Related party transactions

Name of the related party: Dominion Fiduciary Services Limited
Relationship:
Fellow subsidiary within group
Description of the Transaction: Transaction relates to two elements:1. The Company providing marketing services to Dominion Fiduciary Services Limited.2. The Company providing administration services to Dominion Fiduciary Services Limited, 'administration services' being use of the Company's staff providing corporate services to clients of Dominion Fiduciary Services Limited.
£
Balance at 01 July 2022 0
Balance at 30 June 2023 6,606
Name of the related party: Dominion Managed Services (Jersey) Ltd
Relationship:
Fellow subsidiary within group
Description of the Transaction: Transaction relates to :1. A partial refund for the fees paid by the company to Dominion Managed Services (Jersey) Ltd for providing IT, HR, Finance and Operations services to the Company.
£
Balance at 01 July 2022 0
Balance at 30 June 2023 8,128
Name of the related party: Dominion Fiduciary Holdings Limited
Relationship:
Parent
Description of the Transaction: Accumulated payable balance relating to Dominion Fiduciary Holdings Limited funding the company.
£
Balance at 01 July 2022 766,881
Balance at 30 June 2023 745,792
Name of the related party: Dominion Fiduciary Services Limited
Relationship:
Fellow subsidiary within group
Description of the Transaction: Administration services, being Dominion Fiduciary Services Limited staff providing corporate services for the Company's clients.
£
Balance at 01 July 2022 30,700
Balance at 30 June 2023 35,927
Name of the related party: Dominion Managed Services (Jersey) Ltd
Relationship:
Fellow subsidiary within group
Description of the Transaction: Management charge, being Dominion Managed Services (Jersey) Ltd providing IT, HR, Finance and Operations services to the Company.
£
Balance at 01 July 2022 35,267
Balance at 30 June 2023 13,506
Name of the related party: Dominion Fiduciary Services (Switzerland) SA
Relationship:
Fellow subsidiary within group
Description of the Transaction: Administration Services being Dominion Fiduciary Services (Switzerland) SA staff providing corporate services to the Company's clients.
£
Balance at 01 July 2022 0
Balance at 30 June 2023 7,410
Name of the related party: Dominion Corporate Services (Malta) Ltd
Relationship:
Fellow subsidiary within group
Description of the Transaction: Administration Services being Dominion Corporate Services (Malta) Limited staff providing corporate services to the Company's clients.
£
Balance at 01 July 2022 60
Balance at 30 June 2023 0

DOMINION FIDUCIARY SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Post balance sheet events

No adjusting or significant non-adjusting events have occurred between the reporting date and the date of authorisation by the board.