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Company Registration No. 8483454 (England and Wales)
DMC (GB) Limited Unaudited accounts for the year ended 30 April 2024
DMC (GB) Limited Unaudited accounts Contents
Page
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DMC (GB) Limited Company Information for the year ended 30 April 2024
Director
Duncan McInnes
Company Number
8483454 (England and Wales)
Registered Office
22 Temple Street Oxford OX4 1JS
Accountants
Wellington Consulting Ltd Fairview St Owens Cross Hereford Herefordshire HR2 8LG
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DMC (GB) Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
191,523 
194,083 
Current assets
Inventories
41,732 
20,000 
Debtors
882 
659 
Cash at bank and in hand
2,025 
23,221 
44,639 
43,880 
Creditors: amounts falling due within one year
(17,069)
(16,533)
Net current assets
27,570 
27,347 
Total assets less current liabilities
219,093 
221,430 
Creditors: amounts falling due after more than one year
(208,000)
(190,000)
Net assets
11,093 
31,430 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
11,092 
31,429 
Shareholders' funds
11,093 
31,430 
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 director acknowledges his 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 and authorised for issue on 25 January 2025 and were signed on its behalf by
Duncan McInnes Director Company Registration No. 8483454
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DMC (GB) Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
DMC (GB) Limited is a private company, limited by shares, registered in England and Wales, registration number 8483454. The registered office is 22 Temple Street, Oxford, OX4 1JS.
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.
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:
Land & buildings
No depreciation has been provided on the land
Motor vehicles
20% reducing balance basis
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DMC (GB) Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
181,283 
16,000 
197,283 
At 30 April 2024
181,283 
16,000 
197,283 
Depreciation
At 1 May 2023
- 
3,200 
3,200 
Charge for the year
- 
2,560 
2,560 
At 30 April 2024
- 
5,760 
5,760 
Net book value
At 30 April 2024
181,283 
10,240 
191,523 
At 30 April 2023
181,283 
12,800 
194,083 
5
Inventories
2024 
2023 
£ 
£ 
Work in progress
41,732 
20,000 
41,732 
20,000 
This represents the work in progress by way of costs incurred in relation to the planning permission on the land owned prior to commencement of building.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
382 
159 
Other debtors
500 
500 
882 
659 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,653 
1,037 
Loans from directors
15,256 
15,256 
Accruals
160 
240 
17,069 
16,533 
The amounts due are primarily owed to the director. There is no fixed date for repayment.
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DMC (GB) Limited Notes to the Accounts for the year ended 30 April 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
208,000 
190,000 
This is a loan from the director ready to cover the building costs once planning permission is received. Interest is being paid at 2% per year by the company.
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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