Silverfin false false 31/03/2024 03/03/2023 31/03/2024 Alex De Rijke 03/03/2023 Jonas Lencer 03/03/2023 Saskia Lencer 03/03/2023 Philip Marsh 03/03/2023 Sadie Morgan 03/03/2023 Judith Stichtenoth 03/03/2023 Jonas Sebastian Lencer 21 January 2025 The principal activity of the Company during the financial year was that of a holding company. 14704371 2024-03-31 14704371 bus:Director1 2024-03-31 14704371 bus:Director2 2024-03-31 14704371 bus:Director3 2024-03-31 14704371 bus:Director4 2024-03-31 14704371 bus:Director5 2024-03-31 14704371 bus:Director6 2024-03-31 14704371 core:ShareCapital 2024-03-31 14704371 core:AdditionsToInvestments 2024-03-31 14704371 core:CostValuation 2024-03-31 14704371 bus:OrdinaryShareClass1 2024-03-31 14704371 bus:OrdinaryShareClass2 2024-03-31 14704371 2023-03-03 2024-03-31 14704371 bus:FilletedAccounts 2023-03-03 2024-03-31 14704371 bus:SmallEntities 2023-03-03 2024-03-31 14704371 bus:AuditExemptWithAccountantsReport 2023-03-03 2024-03-31 14704371 bus:PrivateLimitedCompanyLtd 2023-03-03 2024-03-31 14704371 bus:Director1 2023-03-03 2024-03-31 14704371 bus:Director2 2023-03-03 2024-03-31 14704371 bus:Director3 2023-03-03 2024-03-31 14704371 bus:Director4 2023-03-03 2024-03-31 14704371 bus:Director5 2023-03-03 2024-03-31 14704371 bus:Director6 2023-03-03 2024-03-31 14704371 bus:Director7 2023-03-03 2024-03-31 14704371 core:Subsidiary1 2023-03-03 2024-03-31 14704371 core:Subsidiary1 1 2023-03-03 2024-03-31 14704371 bus:OrdinaryShareClass1 2023-03-03 2024-03-31 14704371 bus:OrdinaryShareClass2 2023-03-03 2024-03-31 14704371 1 2023-03-03 2024-03-31 iso4217:GBP xbrli:pure decimalUnit xbrli:shares

Company No: 14704371 (England and Wales)

D R M M HOLDINGS LIMITED

Unaudited Financial Statements
For the financial period from 03 March 2023 to 31 March 2024
Pages for filing with the registrar

D R M M HOLDINGS LIMITED

Unaudited Financial Statements

For the financial period from 03 March 2023 to 31 March 2024

Contents

D R M M HOLDINGS LIMITED

COMPANY INFORMATION

For the financial period from 03 March 2023 to 31 March 2024
D R M M HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial period from 03 March 2023 to 31 March 2024
DIRECTORS Alex De Rijke (Appointed 03 March 2023)
Jonas Lencer (Appointed 03 March 2023)
Saskia Lencer (Appointed 03 March 2023)
Philip Marsh (Appointed 03 March 2023)
Sadie Morgan (Appointed 03 March 2023)
Judith Stichtenoth (Appointed 03 March 2023)
REGISTERED OFFICE 37 Coate Street
London
E2 9AG
United Kingdom
COMPANY NUMBER 14704371 (England and Wales)
ACCOUNTANT Praxis
1 Poultry
London
EC2R 8EJ
United Kingdom
D R M M HOLDINGS LIMITED

BALANCE SHEET

As at 31 March 2024
D R M M HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 31.03.2024
£
Fixed assets
Investments 3 865
865
Net current assets 0
Total assets less current liabilities 865
Net assets 865
Capital and reserves
Called-up share capital 4 865
Total shareholders' funds 865

For the financial period ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of D R M M Holdings Limited (registered number: 14704371) were approved and authorised for issue by the Board of Directors on 21 January 2025. They were signed on its behalf by:

Jonas Sebastian Lencer
Director
D R M M HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 03 March 2023 to 31 March 2024
D R M M HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 03 March 2023 to 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

D R M M Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 37 Coate Street, London, E2 9AG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Profit and Loss Account. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

Period from
03.03.2023 to
31.03.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Fixed asset investments

Investments in subsidiaries

31.03.2024
£
Cost
At 03 March 2023 0
Additions 865
At 31 March 2024 865
Carrying value at 31 March 2024 865

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
31.03.2024
Held
D R M M Limited Magdalen House, 136-148 Tooley Street, London, SE1 2TU Architecture Ordinary 100.00% Direct

4. Called-up share capital

31.03.2024
£
Allotted, called-up and fully-paid
765 Ordinary shares of £ 1.00 each 765
10,000 B ordinary shares of £ 0.01 each 100
865

During the period the Company issued 765 Ordinary shares of £1.00 and 10,000 B Ordinary shares of £0.01 in return for the entire issued share capital of its subsidiary under a share-for-share exchange.

5. Financial commitments

The Company had no material capital commitments at the period ended 31 March 2024.

6. Related party transactions

Transactions with the entity's directors

31.03.2024
£
Dividends paid to directors 45,007

7. Events after the Balance Sheet date

There have been no events after the balance sheet date affecting the Company since the financial period.