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Company Registration No. 08989962 (England and Wales)
DMEG LIMITED Unaudited accounts for the year ended 30 April 2024
DMEG LIMITED Unaudited accounts Contents
Page
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DMEG LIMITED Company Information for the year ended 30 April 2024
Directors
David Gregg Charlotte Gregg
Company Number
08989962 (England and Wales)
Registered Office
5 ALBERT ROAD SOUTHSEA HAMPSHIRE PO5 2SE UNITED KINGDOM
Accountants
Square Accounts Limited 5 Albert Road Southsea Hampshire PO5 2SE
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DMEG LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,446 
2,744 
Current assets
Debtors
83,739 
68,368 
Cash at bank and in hand
173,132 
121,596 
256,871 
189,964 
Creditors: amounts falling due within one year
(73,612)
(44,755)
Net current assets
183,259 
145,209 
Net assets
186,705 
147,953 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
186,704 
147,952 
Shareholders' funds
186,705 
147,953 
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 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 17 January 2025 and were signed on its behalf by
David Gregg Director Company Registration No. 08989962
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DMEG LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
DMEG LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08989962. The registered office is 5 ALBERT ROAD, SOUTHSEA, HAMPSHIRE, PO5 2SE, UNITED KINGDOM.
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.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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:
Plant & machinery
3 years straight line
Judgement and key estimates
In the application of the company’s accounting policies, the directors are required to make judgment, estimates and assumptions about the carrying amount of assets and liabilities that are 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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DMEG LIMITED Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
11,507 
Additions
3,393 
At 30 April 2024
14,900 
Depreciation
At 1 May 2023
8,763 
Charge for the year
2,691 
At 30 April 2024
11,454 
Net book value
At 30 April 2024
3,446 
At 30 April 2023
2,744 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
47,074 
44,270 
Accrued income and prepayments
327 
- 
Other debtors
36,338 
24,098 
83,739 
68,368 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,350 
10,895 
Trade creditors
- 
247 
Taxes and social security
64,918 
33,289 
Loans from directors
344 
324 
73,612 
44,755 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1 
1 
8
Transactions with related parties
The director maintains a loan with the company, the balance outstanding to the director was £345 for the period ended 30 April 2024 (2023 £324).
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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