Company Registration No. 03788953 (England and Wales)
DMB Investments Limited
Unaudited accounts
for the year ended 30 April 2024
DMB Investments Limited
Unaudited accounts
Contents
DMB Investments Limited
Company Information
for the year ended 30 April 2024
Company Number
03788953 (England and Wales)
Registered Office
11-17 FOWLER ROAD
HAINAULT
ESSEX
IG6 3UJ
DMB Investments Limited
Statement of financial position
as at 30 April 2024
Tangible assets
4,654
5,652
Investment property
5,497,887
5,822,071
Cash at bank and in hand
9,875
304,469
Creditors: amounts falling due within one year
(376,440)
(411,225)
Net current (liabilities)/assets
(251,565)
8,244
Total assets less current liabilities
5,250,976
5,835,967
Creditors: amounts falling due after more than one year
(4,578,682)
(5,096,500)
Net assets
672,294
739,467
Called up share capital
100
100
Revaluation reserve
1,837,430
1,837,430
Profit and loss account
(1,165,236)
(1,098,063)
Shareholders' funds
672,294
739,467
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 October 2024 and were signed on its behalf by
K Anderson
Director
Company Registration No. 03788953
DMB Investments Limited
Notes to the Accounts
for the year ended 30 April 2024
DMB Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 03788953. The registered office is 11-17 FOWLER ROAD, HAINAULT, ESSEX, IG6 3UJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
DMB Investments Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 May 2023
5,822,071
At 30 April 2024
5,497,887
Amounts falling due within one year
Other debtors
115,000
115,000
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
24,989
32,204
Taxes and social security
6,551
22,230
Other creditors
225,700
273,191
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
4,578,682
5,096,500
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
DMB Investments Limited
Notes to the Accounts
for the year ended 30 April 2024
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).