IRIS Accounts Production v23.4.0.336 05504920 Board of Directors 1.7.22 30.6.23 30.6.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055049202022-06-30055049202023-06-30055049202022-07-012023-06-30055049202021-06-30055049202021-07-012022-06-30055049202022-06-3005504920ns15:EnglandWales2022-07-012023-06-3005504920ns14:PoundSterling2022-07-012023-06-3005504920ns10:Director12022-07-012023-06-3005504920ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3005504920ns10:SmallEntities2022-07-012023-06-3005504920ns10:AuditExemptWithAccountantsReport2022-07-012023-06-3005504920ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3005504920ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3005504920ns10:FullAccounts2022-07-012023-06-3005504920ns10:Director22022-07-012023-06-3005504920ns10:RegisteredOffice2022-07-012023-06-3005504920ns5:CurrentFinancialInstruments2023-06-3005504920ns5:CurrentFinancialInstruments2022-06-3005504920ns5:Non-currentFinancialInstruments2023-06-3005504920ns5:Non-currentFinancialInstruments2022-06-3005504920ns5:ShareCapital2023-06-3005504920ns5:ShareCapital2022-06-3005504920ns5:CostValuation2022-06-3005504920ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3005504920ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: 05504920 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2023

for

DSM Group (GB) Limited

DSM Group (GB) Limited (Registered number: 05504920)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3

Notes to the financial statements 4 to 5


DSM Group (GB) Limited

Company Information
for the Year Ended 30 June 2023







Directors: M Richardson
M Richardson





Registered office: The Old Hangar
Elton Road
Sibson
Peterborough
PE8 6NE





Registered number: 05504920 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
DSM Group (GB) Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DSM Group (GB) Limited for the year ended 30 June 2023 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of DSM Group (GB) Limited, as a body, in accordance with the terms of our engagement letter dated 1 July 2021. Our work has been undertaken solely to prepare for your approval the financial statements of DSM Group (GB) Limited and state those matters that we have agreed to state to the Board of Directors of DSM Group (GB) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DSM Group (GB) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that DSM Group (GB) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DSM Group (GB) Limited. You consider that DSM Group (GB) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DSM Group (GB) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


13 March 2024

DSM Group (GB) Limited (Registered number: 05504920)

Statement of Financial Position
30 June 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Investments 5 287,427 287,427

Current assets
Debtors 6 1,002 1,002

Creditors
Amounts falling due within one year 7 270,758 230,758
Net current liabilities (269,756 ) (229,756 )
Total assets less current liabilities 17,671 57,671

Creditors
Amounts falling due after more than one
year

8

16,667

56,667
Net assets 1,004 1,004

Capital and reserves
Called up share capital 9 1,004 1,004
Shareholders' funds 1,004 1,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by:




M Richardson - Director


DSM Group (GB) Limited (Registered number: 05504920)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. Statutory information

DSM Group (GB) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. Employees and directors

The average number of employees during the year was NIL (2022 - NIL).

DSM Group (GB) Limited (Registered number: 05504920)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


5. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 July 2022
and 30 June 2023 287,427
Net book value
At 30 June 2023 287,427
At 30 June 2022 287,427

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 1,002 1,002

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Amounts owed to group undertakings 230,758 190,758
Other creditors 40,000 40,000
270,758 230,758

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Other creditors 16,667 56,667

9. Called up share capital

Allotted, issued
and fully paid


Nominal

2022

2021
Number: Class: value £    £   

1,000 A Ordinary Shares 1 1,000 2
1 B Ordinary Shares 1 1 -
1 C Ordinary Shares 1 1 2
1 D Ordinary Shares 1 1 -
1 E Ordinary Shares 1 1 -
------------ ----------
1,004 4
======= =======