Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312023-06-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseManagement of real esate11truetruefalse 13419984 2023-06-01 2024-05-31 13419984 2022-06-01 2023-05-31 13419984 2024-05-31 13419984 2023-05-31 13419984 c:Director1 2023-06-01 2024-05-31 13419984 d:ComputerEquipment 2023-06-01 2024-05-31 13419984 d:ComputerEquipment 2024-05-31 13419984 d:ComputerEquipment 2023-05-31 13419984 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 13419984 d:CurrentFinancialInstruments 2024-05-31 13419984 d:CurrentFinancialInstruments 2023-05-31 13419984 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 13419984 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13419984 d:ShareCapital 2024-05-31 13419984 d:ShareCapital 2023-05-31 13419984 d:SharePremium 2024-05-31 13419984 d:SharePremium 2023-05-31 13419984 d:RetainedEarningsAccumulatedLosses 2024-05-31 13419984 d:RetainedEarningsAccumulatedLosses 2023-05-31 13419984 c:OrdinaryShareClass1 2023-06-01 2024-05-31 13419984 c:OrdinaryShareClass1 2024-05-31 13419984 c:OrdinaryShareClass1 2023-05-31 13419984 c:OrdinaryShareClass2 2023-06-01 2024-05-31 13419984 c:OrdinaryShareClass2 2024-05-31 13419984 c:OrdinaryShareClass2 2023-05-31 13419984 c:FRS102 2023-06-01 2024-05-31 13419984 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13419984 c:FullAccounts 2023-06-01 2024-05-31 13419984 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13419984 2 2023-06-01 2024-05-31 13419984 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13419984









DOMEO REAL ESTATE SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
DOMEO REAL ESTATE SERVICES LTD
REGISTERED NUMBER: 13419984

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
404
808

Current assets
  

Debtors: amounts falling due within one year
 5 
150
984

Bank and cash balances
  
51,180
82,693

Current liabilities
  
51,330
83,677

Creditors: amounts falling due within one year
 6 
(9,711)
(6,182)

Net current assets
  
 
 
41,619
 
 
77,495

  

Net assets
  
42,023
78,303


Capital and reserves
  

Called up share capital 
 7 
113
113

Share premium account
  
149,631
149,631

Profit and loss account
  
(107,721)
(71,441)

  
42,023
78,303


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 January 2025.

A Marra
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
DOMEO REAL ESTATE SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Domeo Real Estate Services Limited is a private company limited by shares and registered in England. The address of Its registered office is 124 Finchley Road, London NW3 5JS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

After reviewing the company's forecast and projection, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

 
2.3

Foreign currency translation

The company's functional and presentational currency is GBP.
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 2

 
DOMEO REAL ESTATE SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
Over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

2024
2023
£
£

Wages and salaries
578
-

578
-


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 3

 
DOMEO REAL ESTATE SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Computer equipment

£



Cost 


At 1 June 2023
1,712


Additions
249



At 31 May 2024

1,961



Depreciation


At 1 June 2023
904


Charge for the year on owned assets
653



At 31 May 2024

1,557



Net book value



At 31 May 2024
404



At 31 May 2023
808


5.


Debtors

2024
2023
£
£


Other debtors
150
984

150
984



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
6,211
4,182

Accruals
3,500
2,000


Page 4

 
DOMEO REAL ESTATE SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



10,200 (2023 - 10,200) Oridnary A shares of £0.01 each
102
102
1,057 (2023 - 1,057) Ordinary B shares of £0.01 each
11
11

113

113



8.


Related party transactions

During the year, the company incurred professional expenses of £9,565 (2023: £7,028), payable to M Collu, a shareholder of the company.
During the year, the company incurred professional expenses of £Nil (2023: £19,803), payable to L Saccone, a shareholder of the company.
These transactions were conducted on an arm's length basis.

 
Page 5