Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3122023-01-01No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2falsetrue 11049013 2023-01-01 2023-12-31 11049013 2022-01-01 2022-12-31 11049013 2023-12-31 11049013 2022-12-31 11049013 c:Director1 2023-01-01 2023-12-31 11049013 d:CurrentFinancialInstruments 2023-12-31 11049013 d:CurrentFinancialInstruments 2022-12-31 11049013 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11049013 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11049013 d:ShareCapital 2023-12-31 11049013 d:ShareCapital 2022-12-31 11049013 d:RetainedEarningsAccumulatedLosses 2023-12-31 11049013 d:RetainedEarningsAccumulatedLosses 2022-12-31 11049013 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11049013 c:OrdinaryShareClass1 2023-12-31 11049013 c:OrdinaryShareClass1 2022-12-31 11049013 c:OrdinaryShareClass2 2023-01-01 2023-12-31 11049013 c:OrdinaryShareClass2 2023-12-31 11049013 c:OrdinaryShareClass2 2022-12-31 11049013 c:OrdinaryShareClass3 2023-01-01 2023-12-31 11049013 c:OrdinaryShareClass3 2023-12-31 11049013 c:OrdinaryShareClass3 2022-12-31 11049013 c:FRS102 2023-01-01 2023-12-31 11049013 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11049013 c:FullAccounts 2023-01-01 2023-12-31 11049013 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11049013 d:Subsidiary1 2023-01-01 2023-12-31 11049013 d:Subsidiary1 1 2023-01-01 2023-12-31 11049013 d:Subsidiary2 2023-01-01 2023-12-31 11049013 d:Subsidiary2 1 2023-01-01 2023-12-31 11049013 d:Subsidiary3 2023-01-01 2023-12-31 11049013 d:Subsidiary3 1 2023-01-01 2023-12-31 11049013 2 2023-01-01 2023-12-31 11049013 6 2023-01-01 2023-12-31 11049013 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11049013









DMG INVESTMENTS GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
DMG INVESTMENTS GROUP LIMITED
REGISTERED NUMBER: 11049013

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
397,101
397,101

Current assets
  

Debtors: amounts falling due within one year
 5 
388,400
400,900

Cash at bank and in hand
 6 
63,476
40,928

  
451,876
441,828

Creditors: amounts falling due within one year
 7 
(10)
-

Net current assets
  
 
 
451,866
 
 
441,828

  

Net assets
  
848,967
838,929


Capital and reserves
  

Called up share capital 
  
400
400

Profit and loss account
  
848,567
838,529

  
848,967
838,929


Page 1

 
DMG INVESTMENTS GROUP LIMITED
REGISTERED NUMBER: 11049013
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 September 2024.




D J Godden
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
DMG INVESTMENTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

DMG Investments Group Limited (the “company”) is a company limited by shares, incorporated in England and Wales. Its registered office is 3 Blackwall Trading Estate, Lanrick Road, London E14 0JP.
The principal activity of the company is that of a holding company

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
DMG INVESTMENTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2022 - 2).






4.


Fixed asset investments





Investments in subsidiary companies and associates

£



Cost or valuation


At 1 January 2023
397,101



At 31 December 2023
397,101





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Class of shares

Holding

DMG Investments (UK No. 1) Limited
Ordinary
100%
DMG Investments (UK No. 2) Limited
Ordinary
100%
Lanrick Holdings Limited
Ordinary
28.4%

Page 4

 
DMG INVESTMENTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
388,400
400,900



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
63,476
40,928



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
10
-



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



200 (2022 - 200) Ordinary shares of £1.00 each
200
200
100 (2022 - 100) Ordinary A shares of £1.00 each
100
100
100 (2022 - 100) Ordinary B shares of £1.00 each
100
100

400

400



9.


Related party transactions

During the year the company received dividends from its subsidiary undertakings of £10,000 (2022 -£91,686).
At the year end the company was owed £388,400 (2022 - £400,900) from its subsidiary undertakings.

 
Page 5