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REGISTERED NUMBER: 09660037 (England and Wales)















Strategic Report, Report of the Directors and

Audited Financial Statements for the Year Ended 30 June 2023

for

DOT INVESTING LTD

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Strategic Report 2

Report of the Directors 4

Report of the Independent Auditors 5

Income Statement 9

Other Comprehensive Income 10

Balance Sheet 11

Statement of Changes in Equity 12

Cash Flow Statement 13

Notes to the Cash Flow Statement 14

Notes to the Financial Statements 15


DOT INVESTING LTD

Company Information
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: K S Lo
Mrs C L Tsai





REGISTERED OFFICE: 17 Hanover Square
London
W1S 1BN





REGISTERED NUMBER: 09660037 (England and Wales)





AUDITORS: Owadally & King
Chartered Certified Accountants
& Statutory Auditors
73 Park Lane
Croydon
Surrey
CR0 1JG

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Strategic Report
FOR THE YEAR ENDED 30 JUNE 2023


The directors present their strategic report for the year ended 30 June 2023.

The primary activity of the Company during the period was focused on fund raising and fund management.

REVIEW OF BUSINESS
The financial results and position of the Company for the period are detailed in the attached financial statements.

The loss for the year, after taxation, amounted to £571,879 (2022 - loss £518,568).

Total revenues for 2023 increased to £67,737 (2022: £4,503).
Total costs for 2023 also rose to £616,530 (2022: £560,544).

PRINCIPAL RISKS AND UNCERTAINTIES
The Company faces inherent risks associated with operating in a regulated sector, as well as broader economic fluctuations. Identified risks are addressed with appropriate measures to mitigate them.

The Company's principal financial instruments include bank balances, trade creditors, and loans from directors, primarily used to raise funds and support working capital needs. Loans from a related undertaking are interest-free and repayable on demand, with repayment contingent on available finance as determined by the director.

As outlined in Note 2, Going Concern, the Company has certain matters to report to the FCA and is confident these will be resolved without adversely affecting its ability to operate within the regulated sector.

FINANCIAL KEY PERFORMANCE INDICATORS AND FUTURE DEVELOPMENTS
Currently, key performance indicators are not applicable as the Company is in the early stages of revenue generation. Moving forward, the number of funds under management and turnover will serve as primary indicators of performance.

The Company plans to pursue organic growth by capitalising on upcoming funds and co-investment opportunities expected to be finalized in the near future. Additionally, there are strategic plans to expand the client base, particularly targeting investors from Asia.

POST BALANCE SHEET EVENTS
The Directors reasonably expect that the Company has sufficient resources to continue its operations for at least 12 months from the approval date of the financial statements. They would like to draw attention to Note 2, Going Concern, in this context. During the year, Kin San Lo provided necessary financial support to the Company. These contributions were formalised post year-end through the issuance of 12,500,000 shares. However, as this process was not completed by the year-end, the contributions are recorded as a liability on the balance sheet.


DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Strategic Report
FOR THE YEAR ENDED 30 JUNE 2023

DIRECTORS' STATEMENT OF COMPLIANCE WITH DUTY TO PROMOTE THE SUCCESS
The board of directors of Dot Investing Limited affirms that they have met their obligations under section 172(1) of the Companies Act 2006, acting in good faith to promote the success of the Company for the benefit of all shareholders. This involves consideration of several broader factors, detailed below.

To ensure long-term viability, staff incentivisation is critical. Arrangements are being implemented to allow employee participation in the Company's profits through a share scheme. Regular salary reviews are complemented by benchmarking exercises to maintain competitive compensation.

The non-executive directors' involvement in other business ventures provides valuable insights into best practices for staff treatment.

Dot Investing Limited engages with suppliers on terms appropriate to its scale, ensuring prompt payment of invoices.

Clients are the Company's key relationships and primary performance indicator. Regular reports are provided to both members and directors regarding prospective and current clients, as well as business development efforts.

Dot Investing Ltd, authorised and regulated by the FCA, remains mindful of its regulatory responsibilities and compliance with FCA approval terms. The directors receive consistent reports from the Compliance Officer and an independent compliance consultant.

The directors are committed to maintaining the highest standards of business conduct. Compliance policies have been updated in line with the FCA's Senior Managers and Certification Regime requirements. The Code of Ethics, including the personal account dealing policy, is regularly reviewed to align with best practices.

The directors are dedicated to ensuring fair treatment of all shareholders, in line with the Company's articles of association and shareholders' agreements.

ON BEHALF OF THE BOARD:





K S Lo - Director


26 July 2024

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Report of the Directors
FOR THE YEAR ENDED 30 JUNE 2023


The directors present their report with the financial statements of the company for the year ended 30 June 2023.

DIVIDENDS
No dividends will be distributed for the year ended 30 June 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 July 2022 to the date of this report.

K S Lo
Mrs C L Tsai

POLITICAL DONATIONS AND EXPENDITURE
Donated to Eaton House school.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Owadally & King, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





K S Lo - Director


26 July 2024

Report of the Independent Auditors to the Members of
Dot Investing LTD


Opinion
We have audited the financial statements of Dot Investing LTD (the 'company') for the year ended 30 June 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 30 June 2023 and of its loss for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
We draw attention to Note 2 in the financial statements, which highlights certain conditions that may cast significant doubt on the Company's ability to continue as a going concern. As stated in Note 2, these conditions, along with other matters detailed therein, indicate a material uncertainty that could impact the Company's ability to continue operating. Our opinion is not modified in respect of this matter.

During our audit, we concluded that the directors' use of the going concern basis of accounting in preparing the financial statements is appropriate. Our evaluation of the directors' assessment included a review of their forecasts and available resources, including personal wealth to meet the required minimum capital for the next 12 months. We also discussed the disclosure of the matters identified in Note 2.

The responsibilities of both the auditors and the directors regarding going concern are outlined in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Dot Investing LTD


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
Dot Investing LTD


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of designing our audit, we determined materiality and assessed the risks of material misstatement in the financial statements, including how fraud may occur by enquiring of management of its own consideration of fraud. In particular, we looked at where management made subjective judgements, for example in respect of significant accounting estimates that involved making assumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. As part of this discussion we identified the internal controls established to mitigate risks related to fraud or noncompliance with laws and regulations and how management monitor these processes. Appropriate procedures included the review and testing of manual journals and key estimates and judgements made by management.

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates, and considered the risk of acts by the company that were contrary to these laws and regulations, including fraud.

We focused on laws and regulations that could give rise to a material misstatement in the financial statements, including, but not limited to, FRS 102, Copyright, Designs and Patents Act 1988, UK tax legislation and equivalent local laws and regulations.

We made enquiries of management with regards to compliance with the above laws and regulations and corroborated any necessary evidence to relevant information, for example, reviewing legal correspondence with the companies legal representatives and obtaining legal letters detailing any significant legal matters that have arisen in the year.

Our tests included agreeing the financial statements disclosures to underlying supporting documentation and enquiries with management.

We did not identify any key audit matters relating to irregularities, including fraud. As in all of our audits, we also addressed the risk of management override of internal controls including testing journals and evaluation whether there was evidence of bias by management that represented a risk of material misstatement due to fraud.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
Dot Investing LTD


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Mr Mohammed Yousouf F Owadally (Senior Statutory Auditor)
for and on behalf of Owadally & King
Chartered Certified Accountants
& Statutory Auditors
73 Park Lane
Croydon
Surrey
CR0 1JG

26 July 2024

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Income Statement
FOR THE YEAR ENDED 30 JUNE 2023

2023 2022
Notes £    £   

TURNOVER 67,737 4,503

Cost of sales 24,341 -
GROSS PROFIT 43,396 4,503

Administrative expenses 616,530 560,544
(573,134 ) (556,041 )

Other operating income 50 -
OPERATING LOSS 4 (573,084 ) (556,041 )

Interest receivable and similar income 73 -
(573,011 ) (556,041 )

Interest payable and similar expenses 6 72 31
LOSS BEFORE TAXATION (573,083 ) (556,072 )

Tax on loss 7 (1,204 ) (37,504 )
LOSS FOR THE FINANCIAL YEAR (571,879 ) (518,568 )

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Other Comprehensive Income
FOR THE YEAR ENDED 30 JUNE 2023

2023 2022
Notes £    £   

LOSS FOR THE YEAR (571,879 ) (518,568 )


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

(571,879

)

(518,568

)

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Balance Sheet
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 8 3,026 6,050
Tangible assets 9 2,003 3,598
5,029 9,648

CURRENT ASSETS
Debtors 10 147,374 111,166
Cash at bank 23,118 126,482
170,492 237,648
CREDITORS
Amounts falling due within one year 11 1,329,803 1,053,495
NET CURRENT LIABILITIES (1,159,311 ) (815,847 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,154,282

)

(806,199

)

PROVISIONS FOR LIABILITIES 12 - 1,204
NET LIABILITIES (1,154,282 ) (807,403 )

CAPITAL AND RESERVES
Called up share capital 13 675,000 450,000
Retained earnings 14 (1,829,282 ) (1,257,403 )
SHAREHOLDERS' FUNDS (1,154,282 ) (807,403 )

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





K S Lo - Director


DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Statement of Changes in Equity
FOR THE YEAR ENDED 30 JUNE 2023

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 July 2021 450,000 (738,835 ) (288,835 )

Changes in equity
Total comprehensive income - (518,568 ) (518,568 )
Balance at 30 June 2022 450,000 (1,257,403 ) (807,403 )

Changes in equity
Issue of share capital 225,000 - 225,000
Total comprehensive income - (571,879 ) (571,879 )
Balance at 30 June 2023 675,000 (1,829,282 ) (1,154,282 )

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Cash Flow Statement
FOR THE YEAR ENDED 30 JUNE 2023

2023 2022
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 (440,882 ) (574,710 )
Interest paid (72 ) (31 )
Tax paid 37,594 19,026
Net cash from operating activities (403,360 ) (555,715 )

Cash flows from investing activities
Purchase of tangible fixed assets - (1,030 )
Loan to Dot Investing PF I LP (11,532 ) -
Interest received 73 -
Net cash from investing activities (11,459 ) (1,030 )

Cash flows from financing activities
Amount introduced by directors 86,455 549,200
Share issue 225,000 -
Net cash from financing activities 311,455 549,200

Decrease in cash and cash equivalents (103,364 ) (7,545 )
Cash and cash equivalents at beginning of
year

2

126,482

134,027

Cash and cash equivalents at end of year 2 23,118 126,482

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Notes to the Cash Flow Statement
FOR THE YEAR ENDED 30 JUNE 2023


1. RECONCILIATION OF LOSS BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS
2023 2022
£    £   
Loss before taxation (573,083 ) (556,072 )
Depreciation charges 4,619 4,619
Finance costs 72 31
Finance income (73 ) -
(568,465 ) (551,422 )
Increase in trade and other debtors (62,270 ) (38,572 )
Increase in trade and other creditors 189,853 15,284
Cash generated from operations (440,882 ) (574,710 )

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 30 June 2023
30.6.23 1.7.22
£    £   
Cash and cash equivalents 23,118 126,482
Year ended 30 June 2022
30.6.22 1.7.21
£    £   
Cash and cash equivalents 126,482 134,027


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.7.22 Cash flow At 30.6.23
£    £    £   
Net cash
Cash at bank 126,482 (103,364 ) 23,118
126,482 (103,364 ) 23,118
Total 126,482 (103,364 ) 23,118

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Dot Investing LTD 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is charged so as to allocate the costs of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment - 25%

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued

Going concern
To carry on its business, Dot Investing Limited ('Dot', the 'Company') requires ongoing authorisation from the Financial Conduct Authority Limited (The 'FCA'). The FCA has powers to cancel Dot's authorisation if it is not satisfied that the firm meets its 'Threshold Conditions'. One of these conditions is that the Firm has sufficient resources, including financial resources, for the business it carries on.

As a result of delays caused by the Covid pandemic, Dot's business has not developed as quickly as expected. The business is yet to achieve profitability. It has required additional capital to meet the FCA's requirements.

Dot is in discussion with a number of new investors who are interested in providing further capital for the development of the business. In the meantime, Kin San (Kinson) Lo, Dot's Founder, Chief Executive and Majority Shareholder has provided additional capital and liquidity to the Company as required to maintain the Company's cash reserves.

Mr Lo has provided this capital with the intention that it should be part of the Company's regulatory capital. Operationally it has been treated by the Company as a capital contribution. However, as at the balance sheet date, discussions were ongoing between Mr Lo (as majority shareholder) and the other existing and potential shareholders with a view to agreeing the issue of an appropriate capital instrument to reflect his contribution to the Company's capital.

Because those discussions were ongoing at the year end, Mr Lo's capital contribution has been shown on the balance sheet in these accounts as a liability, notwithstanding that Mr Lo had agreed that the liability will be satisfied by the issue of an appropriate capital instrument in due course and that the money is not otherwise repayable in the event of the insolvency of the Company.

Post year-end, those discussions have been concluded. The minority shareholders have agreed that Mr Lo's contributions to the Company should be capitalised as ordinary shares. As a result, on 11 Dec 2023, Mr Lo has subscribed for 12,500,000 Ordinary shares at the price of £0.10 per share.

Since 30th June 2023, the Company has generated significant revenues.

While the Directors do not anticipate a profit for the years ending June 2024, losses will be a fraction of those for year ending 2023.

Mr Lo remains committed to ensuring that the Company meets its regulatory requirements and has confirmed his commitment to provide the Company with liquidity and capital as is required to meet that end.

Having considered the above points, the Directors are confident that the Company is in compliance with its regulatory

Requirements and will be able to maintain compliance for the foreseeable future.

The accounts are therefore prepared on a going concern basis, based upon full support from the directors.

3. EMPLOYEES AND DIRECTORS
2023 2022
£    £   
Wages and salaries 283,949 221,196
Social security costs 27,767 17,687
Other pension costs 17,295 8,658
329,011 247,541

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2023


3. EMPLOYEES AND DIRECTORS - continued

The average number of employees during the year was as follows:
2023 2022

Office administration 4 4

2023 2022
£    £   
Directors' remuneration - -

4. OPERATING LOSS

The operating loss is stated after charging/(crediting):

2023 2022
£    £   
Depreciation - owned assets 1,595 1,595
Development costs amortisation 3,024 3,024
Foreign exchange differences (50 ) -

5. AUDITORS' REMUNERATION
2023 2022
£    £   
Fees payable to the company's auditors for the audit of the company's
financial statements

8,000

13,000

6. INTEREST PAYABLE AND SIMILAR EXPENSES
2023 2022
£    £   
Bank interest 72 31

7. TAXATION

Analysis of the tax credit
The tax credit on the loss for the year was as follows:
2023 2022
£    £   
Current tax:
UK corporation tax - (37,504 )

Deferred tax (1,204 ) -
Tax on loss (1,204 ) (37,504 )

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2023


8. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 July 2022
and 30 June 2023 15,122
AMORTISATION
At 1 July 2022 9,072
Amortisation for year 3,024
At 30 June 2023 12,096
NET BOOK VALUE
At 30 June 2023 3,026
At 30 June 2022 6,050

9. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 July 2022
and 30 June 2023 13,646
DEPRECIATION
At 1 July 2022 10,048
Charge for year 1,595
At 30 June 2023 11,643
NET BOOK VALUE
At 30 June 2023 2,003
At 30 June 2022 3,598

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 31,875 -
Amounts owed by associates 11,532 -
Other debtors 35,000 35,000
Tax - 37,594
VAT 68,967 34,069
Accruals - 4,503
147,374 111,166

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2023


11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 56,768 11,222
Social security and other taxes 61,895 16,819
Pension payable 6,305 3,945
Wages payable 5,071 8,550
NW Credit Card payable 809 809
Advance subscriptions fee 100,000 -
Directors' loan accounts 1,074,955 988,500
Accrued expenses 24,000 23,650
1,329,803 1,053,495

12. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 1,204

Deferred
tax
£   
Balance at 1 July 2022 1,204
Provided during year (1,204 )
Balance at 30 June 2023 -

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
6,750,000 Ordinary 0.1 675,000 450,000

2,250,000 Ordinary shares of 0.1 each were allotted and fully paid for cash at par during the year.

Post year end, 12,500,000 ordinary shares of £0.10 each were issued to a director, Kin San Lo, on 11 December 2023. The consideration for the shares was Mr La's outstanding director's loan account at the time, which included the full balance that had been outstanding to him as at 30 June 2023.

14. RESERVES
Retained
earnings
£   

At 1 July 2022 (1,257,403 )
Deficit for the year (571,879 )
At 30 June 2023 (1,829,282 )

DOT INVESTING LTD (REGISTERED NUMBER: 09660037)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2023


15. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £1,074,988 (2022: 988,500) to its directors. Neither interest nor repayment terms has been agreed on this balance.

16. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K S Lo.