DOMINATIS LIMITED

Company Registration Number:
15334737 (England and Wales)

Unaudited micro entity accounts for the year ended 31 December 2024

Period of accounts

Start date: 08 December 2023

End date: 31 December 2024

DOMINATIS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Balance sheet - 4
Footnotes to the Balance Sheet - 6

DOMINATIS LIMITED

Company Information

for the Period Ended 31 December 2024




Registered office: 71-75
Shelton Street
Covent Garden
London
GBR
WC2H 9JQ
Company Registration Number: 15334737 (England and Wales)

DOMINATIS LIMITED

Balance sheet

As at 31 December 2024

13 months to
31 Dec 2024
£
Creditors: amounts falling due within one year: ( 1,116 )
Net current assets (liabilities): ( 1,116 )
Total assets less current liabilities: ( 1,116 )
Total net assets (liabilities): ( 1,116 )
Capital and reserves: ( 1,116 )

DOMINATIS LIMITED

Balance sheet continued

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 9 April 2025
And Signed On Behalf Of The Board By:

Name: Raul Perez Sidro
Status: Director

The notes form part of these financial statements

DOMINATIS LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Employee Information

    Average number of employees: 1

DOMINATIS LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Off balance sheet disclosure

    Accounting Note – Year-End Adjustment for Currency Differences (as of 31 December 2024)

    As part of the year-end reconciliation, we identified a discrepancy between the actual cash balance and the accounting records due to currency conversion differences. The company operates across multiple currencies (EUR, PLN, and GBP), which has an impact on the accounting accuracy when consolidating the data in GBP.

    Summary of Figures (in GBP):

    Total Income: £3,494.77

    Total Expenses: £4,422.09

    Operating Result: -£927.32

    Personal Funding Provided: £1,116.19

    Expected Cash Position: £188.87

    Actual Cash in Account: £0.00

    Foreign Exchange Loss: £188.87


    Additional Context:

    All company income is originally earned in EUR.

    Personal funding injected into the business was also made in EUR.

    Expenses, however, were incurred in PLN, EUR, and GBP, depending on the nature and location of the cost.


    Two parallel records have been kept:

    1. A real record of expenses in the original currencies.

    2. An official accounting translation into GBP, using the HMRC exchange rates for 2024.

    These conversions naturally generate minor differences. When accumulated over the fiscal year, they result in a foreign exchange loss, which must be reflected in the books to match the actual cash position.

    Adjusting Journal Entry:

    Dr. Foreign Exchange Loss £188.87
    Cr. Bank / Cash £188.87

    Exchange rate differences resulting from income received in EUR, expenses incurred in PLN, EUR, and GBP, and the official GBP accounting using HMRC exchange rates.

    Minor unrecoverable balances from a closed Revolut account, specifically:

    0.61 EUR (approx. £0.52)

    0.17 GBP
    These amounts are no longer accessible and were included in the foreign exchange adjustment as part of the loss.

    Residual balances available in active accounts at year-end:

    5.68 PLN (approx. £1.10)
    0.20 EUR (approx. £0.17)

    Although these funds remain accessible, they have also been adjusted within the Foreign Exchange Loss entry for the purposes of closing the accounting year cleanly. These small amounts will be used or returned in the following fiscal period.

    The Foreign Exchange Loss entry reflects both real currency conversion impacts and minor rounding/account reconciliation adjustments to ensure the GBP cash position is accurate and consistent with HMRC requirements.

    This adjustment ensures the GBP cash balance correctly reflects the real-world position (i.e., zero balance at year-end).

    Honestly,

    Raúl Pérez Sidro - Dominatis Limited Director