DWE Global Ltd |
Registered number: |
13219229 |
Balance Sheet |
as at 31 December 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Investments held as current assets |
3 |
|
245,065 |
|
|
234,168 |
Cash at bank and in hand |
|
|
579 |
|
|
603 |
|
|
|
245,644 |
|
|
234,771 |
|
Creditors: amounts falling due within one year |
4 |
|
(255,114) |
|
|
(254,114) |
|
Net current liabilities |
|
|
|
(9,470) |
|
|
(19,343) |
|
Net liabilities |
|
|
|
(9,470) |
|
|
(19,343) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Revaluation reserve |
5 |
|
|
(3,935) |
|
|
(14,832) |
Profit and loss account |
|
|
|
(5,635) |
|
|
(4,611) |
|
Shareholder's funds |
|
|
|
(9,470) |
|
|
(19,343) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
D. Davidson-Watts |
Director |
Approved by the board on 15 April 2024 |
|
DWE Global Ltd |
Notes to the Accounts |
for the year ended 31 December 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The financial statements have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (January 2022) and the Companies Act 2006. |
|
|
Investments |
|
Investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Investments held as current assets |
2023 |
|
2022 |
£ |
£ |
|
Fair value |
|
Listed investments at cost |
249,000 |
|
249,000 |
|
Increase/(decrease) in fair value for the financial year |
|
(3,935) |
|
(14,832) |
|
|
|
|
|
|
245,065 |
|
234,168 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
255,114 |
|
254,114 |
|
|
|
|
|
|
|
|
|
|
5 |
Revaluation reserve |
2023 |
|
2022 |
£ |
£ |
|
|
At 1 January 2023 |
(14,832) |
|
14,445 |
|
Gain/(loss) on revaluation of listed investments |
10,897 |
|
(29,277) |
|
|
At 31 December 2023 |
(3,935) |
|
(14,832) |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
DWE Global Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Suite 28, Trym Lodge |
|
1 Henbury Road |
|
Westbury-on-Trym |
|
Bristol |
|
BS9 3HQ |