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Registered number: 10622779
DBIO LIMITED
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10622779
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 238
Tangible Assets 5 5,218 8,932
5,218 9,170
CURRENT ASSETS
Debtors 6 10,125 18,463
Cash at bank and in hand 11,425 24,788
21,550 43,251
Creditors: Amounts Falling Due Within One Year 7 (11,747 ) (15,923 )
NET CURRENT ASSETS (LIABILITIES) 9,803 27,328
TOTAL ASSETS LESS CURRENT LIABILITIES 15,021 36,498
Creditors: Amounts Falling Due After More Than One Year 8 (154,236 ) (154,236 )
NET LIABILITIES (139,215 ) (117,738 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (139,315 ) (117,838 )
SHAREHOLDERS' FUNDS (139,215) (117,738)
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For the year ending 28 February 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mohamed Mansour
Director
26/11/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
DBIO LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10622779 . The registered office is 1st Floor Front, Ace of Spades, 402 Hook Rise North, Surbiton, KT6 5AT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets is Gaming Software It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets is franchise fee. It is amortised to the profit and loss account over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight line
Fixtures & Fittings 20% Straight line
Computer Equipment 20% Staright line
2.6. Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.

The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The Directors do not consider there are any critical judgments or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.
2.7. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non convertible preference and non puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initialy recorded at cost and thereafter at fair value with changes recognised in profit or loss.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 12)
14 12
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4. Intangible Assets
Other Intellectual Property Total
£ £ £
Cost
As at 1 March 2023 3,000 2,300 5,300
Disposals (3,000 ) (2,300 ) (5,300 )
As at 28 February 2024 - - -
Amortisation
As at 1 March 2023 2,725 2,337 5,062
Provided during the period 275 (37 ) 238
Disposals (3,000 ) (2,300 ) (5,300 )
As at 28 February 2024 - - -
Net Book Value
As at 28 February 2024 - - -
As at 1 March 2023 275 (37 ) 238
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 6,065 46,027 12,824 64,916
Additions 620 - - 620
Disposals (6,065 ) (46,027 ) - (52,092 )
As at 28 February 2024 620 - 12,824 13,444
Depreciation
As at 1 March 2023 5,033 45,290 5,661 55,984
Provided during the period 1,032 737 2,565 4,334
Disposals (6,065 ) (46,027 ) - (52,092 )
As at 28 February 2024 - - 8,226 8,226
Net Book Value
As at 28 February 2024 620 - 4,598 5,218
As at 1 March 2023 1,032 737 7,163 8,932
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 392
Other debtors 125 571
125 963
Due after more than one year
Other debtors 10,000 17,500
10,125 18,463
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 314 2,440
Other creditors 1,668 1,238
Taxation and social security 9,765 12,245
11,747 15,923
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 154,236 154,236
Mr Sherif Elbassiouny and Mr Mohamed Mansour are the directors of the company who have invested £154,236 up to the year ended 28 February 2024 by the way of director's loan. The loan is interest free, unsecured and subordinated in favour of third party creditors of the company. The loan is repayable in 10 years.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
The company was controlled throughout the current period by Mr Sherif Elbassiouny and Mr Mohamed Monsour by virtue of their ownership of the entire issued share capital.
11. Going Concern
Notwithstanding the deficiency in net assets of the company, the financial statements have been prepared in accordance with the accounting principles applicable to a going concern, on the basis of continuing financial support being provided by the director.
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