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Company Registration No. 13058368 (England and Wales)
DPMF LTD
Financial Statements
for the Period from 01 January 2023 to 30 November 2023

DPMF LTD

Financial Statements for the period ending 30 November 2023

DPMF LTD

Financial Statements for the period ending 30 November 2023

Notes to the Accounts

1. Statutory Information
DPMF LTD is a private company, limited by shares, registered in England and Wales, registration number 13058368.
2. Accounting Policies
Basis of preparing the Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

DPMF LTD

Financial Statements for the period ending 30 November 2023

Notes to the Accounts

Current Tax
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Tangible Fixed Asset Policy
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases꞉Computer Equipment - 25% Straight Line

DPMF LTD

Financial Statements for the period ending 30 November 2023

Notes to the Accounts

Intangible Asset Policy
Other intangible assets are amortised to profit and loss account over its estimated economic life of 10 years.
Deferred Tax
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

DPMF LTD

Financial Statements for the period ending 30 November 2023

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2023 1
2022 1
4. Principal Activity
The principal activity of the company is that of fintech and design.

DPMF LTD

Financial Statements for the period ending 30 November 2023

Notes to the Accounts

5. Intangible Assets
Other Total
Cost £ £
At 01/01/2023 53,967 53,967
Additions 51,762 51,762
Disposals - -
Revaluations - -
At 30/11/2023 105,729 105,729
Amortisation
At 01/01/2023 422 422
Charge for the Year 7,336 7,336
On Disposals - -
Other increases/(decreases) - -
At end of period 7,758 7,758
Net book value
At 30/11/2023 97,971 97,971
At 31/12/2022 53,545 53,545
6. Fixed Assets
Computer Equipment Total
Cost or valuation £ £
At 01/01/2023 1,549 1,549
Additions - -
At 30/11/2023 1,549 1,549
Depreciation
At 01/01/2023 516 516
Charge for the year 473 473
At 30/11/2023 989 989
Net Book Value
At 30/11/2023 560 560
At 31/12/2022 1,033 1,033