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REGISTERED NUMBER: 10663829 (England and Wales)















DEMETAE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






DEMETAE LIMITED (REGISTERED NUMBER: 10663829)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEMETAE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: B M Roberts
I H Roberts
O J H Huntsman





REGISTERED OFFICE: Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU





REGISTERED NUMBER: 10663829 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

DEMETAE LIMITED (REGISTERED NUMBER: 10663829)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 317,904 319,304
Investments 5 147,787 132,917
465,691 452,221

CURRENT ASSETS
Debtors 6 565,156 349,020
Investments 7 110 110
Cash at bank 171,502 362,249
736,768 711,379
CREDITORS
Amounts falling due within one year 8 1,129,869 1,078,495
NET CURRENT LIABILITIES (393,101 ) (367,116 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,590

85,105

PROVISIONS FOR LIABILITIES 2,071 -
NET ASSETS 70,519 85,105

CAPITAL AND RESERVES
Called up share capital 9 120 120
Retained earnings 70,399 84,985
SHAREHOLDERS' FUNDS 70,519 85,105

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

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

The directors acknowledge their 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.

DEMETAE LIMITED (REGISTERED NUMBER: 10663829)

BALANCE SHEET - continued
31ST DECEMBER 2024


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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th April 2025 and were signed on its behalf by:





B M Roberts - Director


DEMETAE LIMITED (REGISTERED NUMBER: 10663829)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Demetae Limited 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 as modified by the revaluation of certain assets.

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.
Freehold property - Not provided
Fixtures and fittings - 10% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

DEMETAE LIMITED (REGISTERED NUMBER: 10663829)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1st January 2024
and 31st December 2024 309,621 14,000 323,621
DEPRECIATION
At 1st January 2024 - 4,317 4,317
Charge for year - 1,400 1,400
At 31st December 2024 - 5,717 5,717
NET BOOK VALUE
At 31st December 2024 309,621 8,283 317,904
At 31st December 2023 309,621 9,683 319,304

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1st January 2024 10 132,907 132,917
Additions - 24,958 24,958
Revaluations - (10,088 ) (10,088 )
At 31st December 2024 10 147,777 147,787
NET BOOK VALUE
At 31st December 2024 10 147,777 147,787
At 31st December 2023 10 132,907 132,917

DEMETAE LIMITED (REGISTERED NUMBER: 10663829)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31st December 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2024 - (10,088 ) (10,088 )
Valuation in 2023 - 3,771 3,771
Cost 10 154,094 154,104
10 147,777 147,787

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 563,411 349,020
VAT 1,745 -
565,156 349,020

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 110 110

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 1,106,998 1,045,890
Corporation Tax 20,490 24,554
VAT - 5,286
Other creditors - 700
Accruals and deferred income 2,381 2,065
1,129,869 1,078,495

DEMETAE LIMITED (REGISTERED NUMBER: 10663829)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
70 Ordinary A £1 70 70
20 Ordinary B £1 20 20
11 Ordinary C £1 11 11
3 Ordinary D £1 3 3
3 Ordinary E £1 3 3
3 Ordinary F £1 3 3
100 Ordinary 10p 10 10
120 120

10. RELATED PARTY DISCLOSURES

Included within creditors are the following balances due to group undertakings; H R Project Management Limited £1,031,998 (2023: £995,890) Mobile Tracking Systems Limited £75,000 (2023: £50,000)

Included within debtors are the following balances due from group undertakings; Motor Trade Technologies Limited £383,411 (2023: £219,020) Stafford Computer Technology Limited £179,999 (2023: £129,999)