Dome Eight Ltd 08781458 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is the design, manufacture and sale of specialised consumer products and associated consultancy Digita Accounts Production Advanced 6.30.9574.0 true 08781458 2023-01-01 2023-12-31 08781458 2023-12-31 08781458 bus:OrdinaryShareClass1 2023-12-31 08781458 core:CurrentFinancialInstruments 2023-12-31 08781458 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 08781458 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 08781458 core:PatentsTrademarksLicencesConcessionsSimilar 2023-12-31 08781458 bus:SmallEntities 2023-01-01 2023-12-31 08781458 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08781458 bus:FilletedAccounts 2023-01-01 2023-12-31 08781458 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08781458 bus:RegisteredOffice 2023-01-01 2023-12-31 08781458 bus:Director1 2023-01-01 2023-12-31 08781458 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 08781458 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08781458 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 08781458 core:PatentsTrademarksLicencesConcessionsSimilar 2023-01-01 2023-12-31 08781458 countries:EnglandWales 2023-01-01 2023-12-31 08781458 2022-12-31 08781458 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 08781458 core:PatentsTrademarksLicencesConcessionsSimilar 2022-12-31 08781458 2022-01-01 2022-12-31 08781458 2022-12-31 08781458 bus:OrdinaryShareClass1 2022-12-31 08781458 core:CurrentFinancialInstruments 2022-12-31 08781458 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 08781458 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 08781458 core:PatentsTrademarksLicencesConcessionsSimilar 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08781458

Dome Eight Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Dome Eight Ltd

(Registration number: 08781458)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Stocks

5

-

3,440

Debtors

225

224

Cash at bank and in hand

 

10,825

13,671

 

11,050

17,335

Creditors: Amounts falling due within one year

6

(8,101)

(10,250)

Net assets

 

2,949

7,085

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

2,849

6,985

Shareholders' funds

 

2,949

7,085

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 September 2024
 

.........................................
B S McGuckin
Director

 

Dome Eight Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Second Floor
1 Church Terrace
Richmond
Surrey
TW10 6SE
United Kingdom

These financial statements were authorised for issue by the director on 19 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Development expenditure incurred on an individual project is carried forward when its future recoverability can reasonably be regarded as assured. Any expenditure carried forward is amortised in line with the expected future sales from the related project.

 

Dome Eight Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Development costs

straight line over 2 years

Patents and copyrights

straight line over 4 to 5 years

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year was 0 (2022 - 0).

 

Dome Eight Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Intangible assets

Trademarks, patents and licences
 £

Development costs
 £

Total
£

Cost or valuation

At 1 January 2023

13,498

51,967

65,465

At 31 December 2023

13,498

51,967

65,465

Amortisation

At 1 January 2023

13,498

51,967

65,465

At 31 December 2023

13,498

51,967

65,465

Carrying amount

At 31 December 2023

-

-

-

At 31 December 2022

-

-

-

5

Stocks

2023
£

2022
£

Other inventories

-

3,440

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

600

750

Other creditors

7,501

9,500

8,101

10,250

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100