IRIS Accounts Production v24.3.0.553 08492535 Board of Directors 1.2.23 31.1.24 31.1.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084925352023-01-31084925352024-01-31084925352023-02-012024-01-31084925352022-01-31084925352022-02-012023-01-31084925352023-01-3108492535ns15:EnglandWales2023-02-012024-01-3108492535ns14:PoundSterling2023-02-012024-01-3108492535ns10:Director12023-02-012024-01-3108492535ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108492535ns10:SmallEntities2023-02-012024-01-3108492535ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108492535ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108492535ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108492535ns10:FullAccounts2023-02-012024-01-3108492535ns10:Director22023-02-012024-01-3108492535ns10:CompanySecretary12023-02-012024-01-3108492535ns10:RegisteredOffice2023-02-012024-01-3108492535ns5:CurrentFinancialInstruments2024-01-3108492535ns5:CurrentFinancialInstruments2023-01-3108492535ns5:ShareCapital2024-01-3108492535ns5:ShareCapital2023-01-3108492535ns5:RetainedEarningsAccumulatedLosses2024-01-3108492535ns5:RetainedEarningsAccumulatedLosses2023-01-3108492535ns5:CostValuation2023-01-3108492535ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-01-3108492535ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-01-31
REGISTERED NUMBER: 08492535 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2024

for

D & M (Newcastle) Limited

D & M (Newcastle) Limited (Registered number: 08492535)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D & M (Newcastle) Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mr D B Huggin
Mr M Huggin





SECRETARY:





REGISTERED OFFICE: 54 Silver Lonnen
Newcastle Upon Tyne
Tyne and Wear
NE5 2HD





REGISTERED NUMBER: 08492535 (England and Wales)





ACCOUNTANTS: Evelyn Partners
17 Queens Lane
Newcastle upon Tyne
Tyne and Wear
NE1 1RN

D & M (Newcastle) Limited (Registered number: 08492535)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 2 2
Investment property 6 2,629,286 2,361,526
2,629,288 2,361,528

CURRENT ASSETS
Debtors 7 40,457 40,457
Cash at bank and in hand 303,360 469,093
343,817 509,550
CREDITORS
Amounts falling due within one year 8 42,202 41,141
NET CURRENT ASSETS 301,615 468,409
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,930,903

2,829,937

CAPITAL AND RESERVES
Called up share capital 4 4
Profit and loss account 2,930,899 2,829,933
2,930,903 2,829,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 Profit and Loss Account has not been delivered.

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





Mr D B Huggin - Director


D & M (Newcastle) Limited (Registered number: 08492535)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

D & M (Newcastle) 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2023
and 31 January 2024 2
NET BOOK VALUE
At 31 January 2024 2
At 31 January 2023 2

D & M (Newcastle) Limited (Registered number: 08492535)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 2,361,526
Additions 267,760
At 31 January 2024 2,629,286
NET BOOK VALUE
At 31 January 2024 2,629,286
At 31 January 2023 2,361,526

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 40,000 40,000

Amounts falling due after more than one year:
Other debtors 457 457

Aggregate amounts 40,457 40,457

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 32,101 31,141
Other creditors 10,101 10,000
42,202 41,141