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Company Registration No. 13726954 (England and Wales)
DMA 2021 Limited Unaudited accounts for the year ended 31 March 2024
DMA 2021 Limited Company Information for the year ended 31 March 2024
Directors
L Claughan S Guy S Musgrove R Crute D Temple
Company Number
13726954 (England and Wales)
Registered Office
MINERS HALL FLASS STREET DURHAM DH1 4BE ENGLAND
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DMA 2021 Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
357,856 
426,465 
Investment property
2,445,000 
2,445,000 
Investments
- 
117,892 
2,802,856 
2,989,357 
Current assets
Debtors
65,554 
63,773 
Cash at bank and in hand
1,680,862 
810 
1,746,416 
64,583 
Creditors: amounts falling due within one year
(60,224)
(66,509)
Net current assets/(liabilities)
1,686,192 
(1,926)
Total assets less current liabilities
4,489,048 
2,987,431 
Creditors: amounts falling due after more than one year
(1,500,000)
- 
Net assets
2,989,048 
2,987,431 
Capital and reserves
Revaluation reserve
333,460 
333,460 
Profit and loss account
2,655,588 
2,653,971 
Shareholders' funds
2,989,048 
2,987,431 
For the year ending 31 March 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 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 of Directors and authorised for issue on 4 December 2024 and were signed on its behalf by
S Guy Director Company Registration No. 13726954
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DMA 2021 Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
DMA 2021 Limited is a private company, limited by shares, registered in England and Wales, registration number 13726954. The registered office is MINERS HALL, FLASS STREET, DURHAM, DH1 4BE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Investments
Investments in shares are included at fair value.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not Depreciated
Motor vehicles
Over 3 Years
Fixtures & fittings
Over 4 Years
Computer equipment
Over 3 Years
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DMA 2021 Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
417,300 
10,559 
2,215 
430,074 
Disposals
(65,000)
- 
- 
(65,000)
At 31 March 2024
352,300 
10,559 
2,215 
365,074 
Depreciation
At 1 April 2023
- 
2,640 
969 
3,609 
Charge for the year
- 
2,640 
969 
3,609 
At 31 March 2024
- 
5,280 
1,938 
7,218 
Net book value
At 31 March 2024
352,300 
5,279 
277 
357,856 
At 31 March 2023
417,300 
7,919 
1,246 
426,465 
5
Investment property
2024 
£ 
Fair value at 1 April 2023
2,445,000 
At 31 March 2024
2,445,000 
6
Investments
Other investments 
£ 
Valuation at 1 April 2023
117,892 
Fair value adjustments
1,466 
Disposals
(119,358)
Valuation at 31 March 2024
- 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
15,000 
Other debtors
25,554 
8,773 
25,554 
23,773 
Amounts falling due after more than one year
Other debtors
40,000 
40,000 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
547 
4,257 
Other creditors
42,905 
60,812 
Accruals
16,772 
1,440 
60,224 
66,509 
- 5 -
DMA 2021 Limited Notes to the Accounts for the year ended 31 March 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,500,000 
- 
10
Average number of employees
During the year the average number of employees was 2 (2023: 5).
- 6 -