DMB VIP 45 Ltd |
Notes to the Accounts |
for the year ended 30 September 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Intangible fixed assets |
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Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Motor Vehicles |
33% reducing balance |
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Fixtures, fittings, tools and equipment |
over 4 years |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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9 |
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3 |
Intangible fixed assets |
£ |
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Goodwill: |
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Cost |
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At 1 October 2023 |
34,000 |
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Disposals |
(34,000) |
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At 30 September 2024 |
- |
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Amortisation |
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At 1 October 2023 |
(34,000) |
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On disposals |
34,000 |
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At 30 September 2024 |
- |
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Net book value |
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At 30 September 2024 |
- |
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Goodwill is being written off in equal annual instalments over its estimated economic life of 3 years. |
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4 |
Tangible fixed assets |
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Plant and machinery etc |
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Motor vehicles |
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Total |
£ |
£ |
£ |
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Cost |
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At 1 October 2023 |
14,242 |
|
12,917 |
|
27,159 |
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Disposals |
(14,242) |
|
- |
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(14,242) |
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At 30 September 2024 |
- |
|
12,917 |
|
12,917 |
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Depreciation |
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At 1 October 2023 |
7,594 |
|
9,084 |
|
16,678 |
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Charge for the year |
- |
|
1,276 |
|
1,276 |
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On disposals |
(7,594) |
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- |
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(7,594) |
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At 30 September 2024 |
- |
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10,360 |
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10,360 |
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Net book value |
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At 30 September 2024 |
- |
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2,557 |
|
2,557 |
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At 30 September 2023 |
6,648 |
|
3,833 |
|
10,481 |
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5 |
Debtors |
2024 |
|
2023 |
£ |
£ |
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Trade debtors |
- |
|
220 |
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6 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
£ |
£ |
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Taxation and social security costs |
- |
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(522) |
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Other creditors |
- |
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11,993 |
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- |
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11,471 |
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7 |
Other information |
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DMB VIP 45 Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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1 Hardhill Houses |
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Harden |
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Bingley |
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BD16 1JR |