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REGISTERED NUMBER: 10623476 (England and Wales)















Unaudited Financial Statements for the Year Ended 29th February 2024

for

DV Advisory Group Ltd

DV Advisory Group Ltd (Registered number: 10623476)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

DV Advisory Group Ltd

Company Information
for the Year Ended 29th February 2024







DIRECTOR: Ms A Hicks





REGISTERED OFFICE: Office 286a
Regus
Berkeley Square House, Berkeley Square
London
W1J 6BD





REGISTERED NUMBER: 10623476 (England and Wales)





ACCOUNTANTS: Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA

DV Advisory Group Ltd (Registered number: 10623476)

Balance Sheet
29th February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1

CURRENT ASSETS
Debtors 5 329,961 532,817
Cash at bank 6,051 28,001
336,012 560,818
CREDITORS
Amounts falling due within one year 6 21,677 254,953
NET CURRENT ASSETS 314,335 305,865
TOTAL ASSETS LESS CURRENT
LIABILITIES

314,336

305,866

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 214,336 205,866
314,336 305,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 28th August 2024 and were signed by:





Ms A Hicks - Director


DV Advisory Group Ltd (Registered number: 10623476)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

DV Advisory Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue recognition
Turnover is based on the sales value of work performed during the year by reference to the total sales value and the stage of completion of each contract, excluding Value Added Tax.

The services that have been invoiced but have not been performed at the year-end are disclosed in the financial statements as 'payments on account'.

The services that have been performed but which were not invoiced at the year-end and where fees will be receivable are disclosed in the financial statements as 'amounts recoverable on contracts'.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office Equipment - 25% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

DV Advisory Group Ltd (Registered number: 10623476)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2023
and 29th February 2024 154,952
DEPRECIATION
At 1st March 2023
and 29th February 2024 154,951
NET BOOK VALUE
At 29th February 2024 1
At 28th February 2023 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 89,629 485,769
Amounts recoverable on contracts 228,959 36,000
Other debtors 11,373 11,048
329,961 532,817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors - 5,158
Payments on account - 194,445
Tax 2,408 -
Social security and other taxes 1,712 46,864
Other creditors 8,770 141
Accrued expenses 8,787 8,345
21,677 254,953

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
29.2.24 28.2.23
£    £   
Within one year 21,816 85,000
Between one and five years - 113,993
21,816 198,993

8. POST BALANCE SHEET EVENTS

During the year, the company contracted with its landlord to terminate the rental agreement on its leasehold premises at 31st March 2024. The consideration received after the year-end as part of these arrangements amounted to £125,000.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
DV Advisory Group Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DV Advisory Group Ltd for the year ended 29th February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of DV Advisory Group Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DV Advisory Group Ltd and state those matters that we have agreed to state to the director of DV Advisory Group Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DV Advisory Group Ltd and its director for our work or for this report.

It is your duty to ensure that DV Advisory Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DV Advisory Group Ltd. You consider that DV Advisory Group Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DV Advisory Group Ltd. 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 statutory financial statements.






Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA


29th August 2024