Registered number
13219229
DWE Global Ltd
Report and Accounts
31 December 2023
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
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