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REGISTERED NUMBER: 04495017 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024

FOR

D.D.E. (HOLDINGS) LIMITED

D.D.E. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04495017)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


D.D.E. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04495017)

BALANCE SHEET
31 DECEMBER 2024

2024 2024
(Unaudited)
Notes £    £   
FIXED ASSETS
Investments 4 4,200 4,200

CURRENT ASSETS
Debtors 5 105,411 1,756,391
Cash at bank 1,322,799 1,816,551
1,428,210 3,572,942
CREDITORS
Amounts falling due within one year 6 (462,468 ) (3,044,653 )
NET CURRENT ASSETS 965,742 528,289
TOTAL ASSETS LESS CURRENT
LIABILITIES

969,942

532,489

CAPITAL AND RESERVES
Called up share capital 4,200 4,200
Retained earnings 965,742 528,289
SHAREHOLDERS' FUNDS 969,942 532,489

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 Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2025 and were signed on its behalf by:





M A Allen - Director


D.D.E. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04495017)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024


1. STATUTORY INFORMATION

D.D.E. (Holdings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04495017

Registered office: Richmond House
Mersey Road
Sale
Cheshire
M33 6BB

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Following the year end, the directors intend to cease trading and transfer the trade of the company to another group entity. The financial statements have therefore been prepared on a basis other than going concern. As the trade of the company will be hived up into another group entity and continue as currently operated, no adjustments have been made under this basis of preparation as the directors consider it appropriate to reflect the results for the year and balance sheet as that of a continuing business.

Preparation of consolidated financial statements
The financial statements contain information about D.D.E. (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is the total amount receivable by the company for goods supplied and services provided, excluding VAT and trade discounts.

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


D.D.E. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04495017)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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 period 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.

Investments
Investments are included at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2024
and 31 December 2024 4,200
NET BOOK VALUE
At 31 December 2024 4,200
At 29 February 2024 4,200

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
(Unaudited)
£    £   
Amounts owed by group undertakings - 1,722,438
Other debtors 105,411 33,953
105,411 1,756,391

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
(Unaudited)
£    £   
Trade creditors 322,908 313,104
Amounts owed to group undertakings - 2,614,035
Taxation and social security 137,247 90,369
Other creditors 2,313 27,145
462,468 3,044,653

D.D.E. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04495017)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024


7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.


We draw attention to Note 2 to the financial statements which explains that the directors intend to cease trading and transfer the trade of the company to another group entity and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 2. Our opinion is not modified in respect of this matter.

Graham Collins (Senior Statutory Auditor)
for and on behalf of M.T.Manley & Co Limited (Statutory Auditor)

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

Ar 31 December 2024, the ultimate controlling party is Building Automation Nordic Holding AB (registered in Sweden 559261-9729).

Consolidated accounts are publicly available at www.bolagsverket.se.