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REGISTERED NUMBER: 13088886 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

DMPI (UNIT 8) LIMITED

DMPI (UNIT 8) LIMITED (REGISTERED NUMBER: 13088886)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DMPI (UNIT 8) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2024







DIRECTOR: S De Michele





REGISTERED OFFICE: Room 73 Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR





REGISTERED NUMBER: 13088886 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

DMPI (UNIT 8) LIMITED (REGISTERED NUMBER: 13088886)

BALANCE SHEET
28 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 179,713 179,713

CURRENT ASSETS
Debtors 6 28,032 15,094
Cash at bank 9,035 9,580
37,067 24,674
CREDITORS
Amounts falling due within one year 7 185,516 187,744
NET CURRENT LIABILITIES (148,449 ) (163,070 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,264

16,643

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 30,264 15,643
SHAREHOLDERS' FUNDS 31,264 16,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 14 November 2024 and were signed by:





S De Michele - Director


DMPI (UNIT 8) LIMITED (REGISTERED NUMBER: 13088886)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1. STATUTORY INFORMATION

DMPI (Unit 8) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
The net book value of the properties at the end of the year is stated at a current market valuation in the opinion of the director. The director has also considered the potential in the future of a capital gain on the sale of a property, but as the current value is the same as the original purchase price, no deferred tax has been provided.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
Cost
At 1 March 2023
and 28 February 2024 179,713
Net book value
At 28 February 2024 179,713
At 28 February 2023 179,713

The director considers the above net book value of the properties owned by the company to be consistent with open market value at the Balance Sheet date and as such no depreciation has been charged.

DMPI (UNIT 8) LIMITED (REGISTERED NUMBER: 13088886)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 27,576 14,652
Prepayments and accrued income 456 442
28,032 15,094

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 3,562 3,546
Director's loan account 180,418 182,827
Accruals and deferred income 1,536 1,371
185,516 187,744

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed an amount of £180,418 (2023: £182,827) to S De Michele, director. No interest (2023: £nil) has been charged on this balance during the year and there are no set repayment terms in place.

During the year the company received rent and service charges of £26,654 (2023: £26,602) from Argento Global Solutions Ltd, a company with a common director. At 28th February 2024 the company was owed an amount of £27,576 (2023: £14,652) from Argento Global Solutions Ltd. No interest has been charged on the outstanding balance during the year (2023: £Nil) and there are no set repayment terms in place.