IRIS Accounts Production v24.1.4.33 14120333 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Ordinary 0.01000 Ordinary A1 0.01000 Ordinary A2 0.0100 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141203332022-12-31141203332023-12-31141203332023-01-012023-12-31141203332022-05-19141203332022-05-202022-12-31141203332022-12-3114120333ns15:EnglandWales2023-01-012023-12-3114120333ns14:PoundSterling2023-01-012023-12-3114120333ns10:Director12023-01-012023-12-3114120333ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3114120333ns10:SmallEntities2023-01-012023-12-3114120333ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3114120333ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3114120333ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3114120333ns10:FullAccounts2023-01-012023-12-3114120333ns10:OrdinaryShareClass12023-01-012023-12-3114120333ns10:OrdinaryShareClass22023-01-012023-12-3114120333ns10:OrdinaryShareClass32023-01-012023-12-3114120333ns10:Director22023-01-012023-12-3114120333ns10:Director32023-01-012023-12-3114120333ns10:Director42023-01-012023-12-3114120333ns10:RegisteredOffice2023-01-012023-12-3114120333ns5:CurrentFinancialInstruments2023-12-3114120333ns5:CurrentFinancialInstruments2022-12-3114120333ns5:ShareCapital2023-12-3114120333ns5:ShareCapital2022-12-3114120333ns5:SharePremium2023-12-3114120333ns5:SharePremium2022-12-3114120333ns5:RetainedEarningsAccumulatedLosses2023-12-3114120333ns5:RetainedEarningsAccumulatedLosses2022-12-3114120333ns5:CostValuation2022-12-3114120333ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3114120333ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3114120333ns10:OrdinaryShareClass12023-12-3114120333ns10:OrdinaryShareClass22023-12-3114120333ns10:OrdinaryShareClass32023-12-31
REGISTERED NUMBER: 14120333 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DEXAM GROUP LIMITED

DEXAM GROUP LIMITED (REGISTERED NUMBER: 14120333)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DEXAM GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: B Dyer
R T Morgan-Grenville
H J P Stewart
H Bradley





REGISTERED OFFICE: Units 8-10 Holmbush Industrial Estate
Midhurst
West Sussex
GU29 9HE





REGISTERED NUMBER: 14120333 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

DEXAM GROUP LIMITED (REGISTERED NUMBER: 14120333)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3 3

CURRENT ASSETS
Debtors 5 170,367 178,740

CREDITORS
Amounts falling due within one year 6 2,603 2,153
NET CURRENT ASSETS 167,764 176,587
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,767

176,590

CAPITAL AND RESERVES
Called up share capital 7 1,067 1,067
Share premium 180,173 180,173
Retained earnings (13,473 ) (4,650 )
SHAREHOLDERS' FUNDS 167,767 176,590

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2024 and were signed on its behalf by:





R T Morgan-Grenville - Director


DEXAM GROUP LIMITED (REGISTERED NUMBER: 14120333)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Dexam Group Limited 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.

Monetary amounts in these financial statements are rounded to the nearest whole £1. The financial statements are presented in sterling which is also the functional currency of the company.

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Dexam Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

Debtors and creditors receivable / payable within 1 year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

DEXAM GROUP LIMITED (REGISTERED NUMBER: 14120333)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 3
NET BOOK VALUE
At 31 December 2023 3
At 31 December 2022 3

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by fellow group companies 169,967 178,340
Other debtors 400 400
170,367 178,740

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to fellow group companies 1 1
Other creditors 2,602 2,152
2,603 2,153

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
96,618 Ordinary £0.01 966 966
4,909 Ordinary A1 £0.01 49 49
52,444 Ordinary A2 £0.00 1 52 52
1,067 1,067

8. OTHER FINANCIAL COMMITMENTS

Dexam Group Limited is the parent company of Dexam International Limited. The bank working capital facilities held in Dexam International Limited are secured by the lender via fixed and floating charges across all the property or undertakings of the four companies, Dexam Group Limited, Dexam International (Holdings) Limited, Dexam International Limited and Dexam Online Limited and contains a negative pledge.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, there was an amount due from a director of £400 in respect of called up, unpaid share capital.