Caseware UK (AP4) 2022.0.179 2022.0.179 2024-02-262024-02-261The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity12022-08-27falsetruetrue 10018198 2022-08-27 2024-02-26 10018198 2021-03-01 2022-08-26 10018198 2024-02-26 10018198 2022-08-26 10018198 c:Director1 2022-08-27 2024-02-26 10018198 d:CurrentFinancialInstruments 2024-02-26 10018198 d:CurrentFinancialInstruments 2022-08-26 10018198 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-26 10018198 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-26 10018198 d:ShareCapital 2024-02-26 10018198 d:ShareCapital 2022-08-26 10018198 d:RetainedEarningsAccumulatedLosses 2024-02-26 10018198 d:RetainedEarningsAccumulatedLosses 2022-08-26 10018198 c:FRS102 2022-08-27 2024-02-26 10018198 c:AuditExempt-NoAccountantsReport 2022-08-27 2024-02-26 10018198 c:FullAccounts 2022-08-27 2024-02-26 10018198 c:PrivateLimitedCompanyLtd 2022-08-27 2024-02-26 10018198 2 2022-08-27 2024-02-26 iso4217:GBP xbrli:pure

Registered number: 10018198









DLM VENTURE PARTNERS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 26 FEBRUARY 2024

 
DLM VENTURE PARTNERS LIMITED
REGISTERED NUMBER: 10018198

STATEMENT OF FINANCIAL POSITION
AS AT 26 FEBRUARY 2024

26 February
26 August
2024
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 6 
-
78,096

Cash at bank and in hand
  
10
1,755

  
10
79,851

Creditors: amounts falling due within one year
 7 
(1)
(77,165)

Net current assets
  
 
 
9
 
 
2,686

Total assets less current liabilities
  
9
2,686

  

Net assets
  
9
2,686


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
7
2,684

  
9
2,686


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 April 2024.


D Meagher
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
DLM VENTURE PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 26 FEBRUARY 2024

1.


General information

DLM Venture Partners Limited is a private company limited by shares and registered in England and Wales. The address of its registered office and principal trading address is 18 Culford Gardens, London, SW3 2ST.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company has ceased trading on the Balance Sheet date and will be wound up and dissolved.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans from related parties.

 
2.5

Creditors

Short term creditors are measured at the transaction price.

 
2.6

Functional and presentational currency

The Company's functional and presentational currency is GBP.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
DLM VENTURE PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 26 FEBRUARY 2024

2.Accounting policies (continued)

 
2.10

Taxation

Tax is recognised in the statement of income and retained earnings.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
There has been no judgements or estimates to make in applying accounting policies this year. 


4.


Employees

The average monthly number of employees, including directors, during the period was 1 (2022 - 1).


5.


Dividends

26 February
26 August
2024
2022
£
£


Dividends Paid
-
135,000

-
135,000

Page 3

 
DLM VENTURE PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 26 FEBRUARY 2024

6.


Debtors

26 February
26 August
2024
2022
£
£


Trade debtors
-
400

Other debtors
-
74,911

Tax recoverable
-
2,785

-
78,096



7.


Creditors: Amounts falling due within one year

26 February
26 August
2024
2022
£
£

Bank loans
-
43,609

Other loans
-
1,524

Other creditors
1
21,805

Accruals and deferred income
-
10,227

1
77,165



8.


Related party transactions

The director, D Meagher, owed the company £nil at the reporting date (2022: £73,679). This amount is included in other debtors.
 

 
Page 4