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REGISTERED NUMBER: 13811857 (England and Wales)










Financial Statements

for the Year Ended 31 December 2024

for

Dg Investments (Staffordshire) Ltd

Dg Investments (Staffordshire) Ltd (Registered number: 13811857)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Dg Investments (Staffordshire) Ltd

Company Information
for the Year Ended 31 December 2024







Director: Mr D Gresty





Registered office: White Lodge
Cheddleton Road
Leek
Staffordshire
ST13 5RD





Registered number: 13811857 (England and Wales)





Accountants: Hughes & Co.
The Stables
Broseley Hall
Church Street
Broseley
Shropshire
TF12 5DG

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Dg Investments (Staffordshire) Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dg Investments (Staffordshire) Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Dg Investments (Staffordshire) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dg Investments (Staffordshire) Ltd and state those matters that we have agreed to state to the director of Dg Investments (Staffordshire) Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Dg Investments (Staffordshire) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Dg Investments (Staffordshire) Ltd. You consider that Dg Investments (Staffordshire) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dg Investments (Staffordshire) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hughes & Co.
The Stables
Broseley Hall
Church Street
Broseley
Shropshire
TF12 5DG


6 February 2025

Dg Investments (Staffordshire) Ltd (Registered number: 13811857)

Balance Sheet
31 December 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,462 1,949
Investment property 5 175,310 320,908
176,772 322,857

Current assets
Debtors 6 30 1,966
Cash at bank 150,336 130,991
150,366 132,957
Creditors
Amounts falling due within one year 7 390,927 469,437
Net current liabilities (240,561 ) (336,480 )
Total assets less current liabilities (63,789 ) (13,623 )

Capital and reserves
Called up share capital 8 100 100
Retained earnings 9 (63,889 ) (13,723 )
Shareholders' funds (63,789 ) (13,623 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 6 February 2025 and were signed by:



Mr D Gresty - Director


Dg Investments (Staffordshire) Ltd (Registered number: 13811857)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Dg Investments (Staffordshire) Ltd 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.

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

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 year 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 year 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 year was 1 (2023 - NIL ) .

Dg Investments (Staffordshire) Ltd (Registered number: 13811857)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£
Cost
At 1 January 2024
and 31 December 2024 2,599
Depreciation
At 1 January 2024 650
Charge for year 487
At 31 December 2024 1,137
Net book value
At 31 December 2024 1,462
At 31 December 2023 1,949

5. INVESTMENT PROPERTY
Total
£
Fair value
At 1 January 2024 320,908
Disposals (145,598 )
At 31 December 2024 175,310
Net book value
At 31 December 2024 175,310
At 31 December 2023 320,908

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 30 30
Prepayments and accrued income - 1,936
30 1,966

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 349 1,009
Corporation tax 519 -
Directors' current accounts 389,159 467,528
Accruals and deferred income 900 900
390,927 469,437

Dg Investments (Staffordshire) Ltd (Registered number: 13811857)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£

At 1 January 2024 (13,723 )
Deficit for the year (50,166 )
At 31 December 2024 (63,889 )

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Gresty.