REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024 |
FOR |
DIRECT MANAGEMENT INTERNATIONAL LTD |
REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024 |
FOR |
DIRECT MANAGEMENT INTERNATIONAL LTD |
DIRECT MANAGEMENT INTERNATIONAL LTD (REGISTERED NUMBER: 14801158) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Report of the Accountants | 3 |
Income Statement | 4 |
Balance Sheet | 5 |
Notes to the Financial Statements | 6 |
DIRECT MANAGEMENT INTERNATIONAL LTD |
COMPANY INFORMATION |
FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Marlborough Hosue |
298 Regents Park Road |
London |
N3 2SZ |
DIRECT MANAGEMENT INTERNATIONAL LTD (REGISTERED NUMBER: 14801158) |
REPORT OF THE DIRECTORS |
FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024 |
The directors present their report with the financial statements of the company for the period 14 April 2023 to 30 April 2024. |
INCORPORATION |
The company was incorporated on 14 April 2023 . |
PRINCIPAL ACTIVITY |
The principal activity of the company in the period under review was that of management consultancy activities. |
DIRECTORS |
The directors who have held office during the period from 14 April 2023 to the date of this report are as follows: |
Both the directors who are eligible offer themselves for election at the forthcoming first Annual General Meeting. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
DIRECT MANAGEMENT INTERNATIONAL LTD |
REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
DIRECT MANAGEMENT INTERNATIONAL LTD |
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us. |
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report 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 directors for our work or for this report. |
You have acknowledged on the balance sheet as at year ended 30 April 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year. |
We have not been instructed to carry out an audit of the financial statements. 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 financial statements. |
Marlborough Hosue |
298 Regents Park Road |
London |
N3 2SZ |
DIRECT MANAGEMENT INTERNATIONAL LTD (REGISTERED NUMBER: 14801158) |
INCOME STATEMENT |
FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024 |
Notes | £ |
TURNOVER |
Administrative expenses |
OPERATING PROFIT and |
PROFIT BEFORE TAXATION |
Tax on profit |
PROFIT FOR THE FINANCIAL PERIOD |
DIRECT MANAGEMENT INTERNATIONAL LTD (REGISTERED NUMBER: 14801158) |
BALANCE SHEET |
30 APRIL 2024 |
Notes | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | 7 |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
DIRECT MANAGEMENT INTERNATIONAL LTD (REGISTERED NUMBER: 14801158) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024 |
1. | STATUTORY INFORMATION |
Direct Management International Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Taxation |
Taxation for the period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DIVIDENDS |
£ |
Interim |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Tax |
Director's current account | 38,315 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary £1 | £1 | 10 |
10 Ordinary £1 shares of £1 were issued during the period |
DIRECT MANAGEMENT INTERNATIONAL LTD (REGISTERED NUMBER: 14801158) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 14 APRIL 2023 TO 30 APRIL 2024 |
7. | RESERVES |
Retained |
earnings |
£ |
Profit for the period |
Dividends | ( |
) |
At 30 April 2024 |
8. | RELATED PARTY DISCLOSURES |
At the balance sheet date, included within creditors, is an amount of £38,315 owed to the directors. This loan is interest free, of no fixed term and repayable on demand. |
The ultimate controlling party are the company directors. |