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REGISTERED NUMBER: 13443434 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023

FOR

Dime2 Limited

Dime2 Limited (Registered number: 13443434)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 July 2022 to 31 December 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Dime2 Limited

COMPANY INFORMATION
for the Period 1 July 2022 to 31 December 2023







DIRECTOR: Ms S Merali





REGISTERED OFFICE: 53 St.Clair Drive
Worcester Park
Surrey





REGISTERED NUMBER: 13443434 (England and Wales)





ACCOUNTANTS: Mcak & Co ,
Financial Accountants
No15, 1st Floor.
Princeton Mews
167-169 London Road
Kingston Upon Thames
Surrey
KT2 6PT

Dime2 Limited (Registered number: 13443434)

BALANCE SHEET
31 December 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 -
Tangible assets 5 -
Investment property 6 900,000
900,000

CURRENT ASSETS
Debtors 7 58,660
Cash at bank 167,992
226,652
CREDITORS
Amounts falling due within one year 8 54,712
NET CURRENT ASSETS 171,940
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,071,940

PROVISIONS FOR LIABILITIES 137,152
NET ASSETS 934,788

CAPITAL AND RESERVES
Called up share capital 1
Revaluation reserve 9 734,674
Retained earnings 200,113
934,788

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Dime2 Limited (Registered number: 13443434)

BALANCE SHEET - continued
31 December 2023


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 20 January 2025 and were signed by:





Ms S Merali - Director


Dime2 Limited (Registered number: 13443434)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 July 2022 to 31 December 2023

1. STATUTORY INFORMATION

Dime2 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

Dime2 Limited (Registered number: 13443434)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 July 2022 to 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022 100,000
Disposals (100,000 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 30 June 2022 100,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 July 2022 178,146 42,540 220,686
Disposals - (42,540 ) (42,540 )
Revaluations 721,854 - 721,854
Reclassification/transfer (900,000 ) - (900,000 )
At 31 December 2023 - - -
DEPRECIATION
At 1 July 2022 49,972 40,189 90,161
Eliminated on disposal (49,972 ) (40,189 ) (90,161 )
At 31 December 2023 - - -
NET BOOK VALUE
At 31 December 2023 - - -
At 30 June 2022 128,174 2,351 130,525

Cost or valuation at 31 December 2023 is represented by:

Land and
buildings
£   
Valuation in 2023 900,000

If freehold land buildings had not been revalued 2022 would have been included at the following historical cost:

£   
Cost 178,146
Aggregate depreciation 49,972

Value of land in freehold land and buildings 128,174

Dime2 Limited (Registered number: 13443434)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 July 2022 to 31 December 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Reclassification/transfer 900,000
At 31 December 2023 900,000
NET BOOK VALUE
At 31 December 2023 900,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 18,000
Other debtors 40,660
58,660

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 18,589
Taxation and social security 24,141
Other creditors 11,982
54,712

9. RESERVES
Revaluation
reserve
£   
Freehold property revaluation 734,674

At 31 December 2023 734,674