IRIS Accounts Production v25.1.0.734 13565558 Board of Directors 1.3.24 31.12.24 31.12.24 13.3.25 0 0 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135655582024-02-29135655582024-12-31135655582024-03-012024-12-31135655582023-02-28135655582023-03-012024-02-29135655582024-02-2913565558ns15:EnglandWales2024-03-012024-12-3113565558ns14:PoundSterling2024-03-012024-12-3113565558ns10:Director12024-03-012024-12-3113565558ns10:PrivateLimitedCompanyLtd2024-03-012024-12-3113565558ns10:SmallEntities2024-03-012024-12-3113565558ns10:Audited2024-03-012024-12-3113565558ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012024-12-3113565558ns10:SmallCompaniesRegimeForAccounts2024-03-012024-12-3113565558ns10:FullAccounts2024-03-012024-12-3113565558ns5:CurrentFinancialInstruments2024-12-3113565558ns5:CurrentFinancialInstruments2024-02-2913565558ns5:Non-currentFinancialInstruments2024-12-3113565558ns5:Non-currentFinancialInstruments2024-02-2913565558ns5:ShareCapital2024-12-3113565558ns5:ShareCapital2024-02-2913565558ns5:RetainedEarningsAccumulatedLosses2024-12-3113565558ns5:RetainedEarningsAccumulatedLosses2024-02-2913565558ns10:RegisteredOffice2024-03-012024-12-3113565558ns5:CostValuation2024-02-29
REGISTERED NUMBER: 13565558 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024

FOR

DDE MB LIMITED

DDE MB LIMITED (REGISTERED NUMBER: 13565558)

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


DDE MB LIMITED (REGISTERED NUMBER: 13565558)

BALANCE SHEET
31 DECEMBER 2024

2024 2024
(Unaudited)
Notes £    £   
FIXED ASSETS
Investments 4 4,791,310 4,791,310

CURRENT ASSETS
Debtors 5 - 2,614,035
Cash at bank 40,724 151,300
40,724 2,765,335
CREDITORS
Amounts falling due within one year 6 - (3,142,976 )
NET CURRENT ASSETS/(LIABILITIES) 40,724 (377,641 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,832,034

4,413,669

CREDITORS
Amounts falling due after more than one
year

7

-

(600,000

)
NET ASSETS 4,832,034 3,813,669

CAPITAL AND RESERVES
Called up share capital 666,300 666,300
Retained earnings 4,165,734 3,147,369
4,832,034 3,813,669

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


DDE MB LIMITED (REGISTERED NUMBER: 13565558)

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


1. STATUTORY INFORMATION

Dde Mb 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: 13565558

Registered office: Richmond House
Mersey Road
Sale
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 Dde Mb 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.

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

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.

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.

DDE MB LIMITED (REGISTERED NUMBER: 13565558)

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


3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2024
and 31 December 2024 4,791,310
NET BOOK VALUE
At 31 December 2024 4,791,310
At 29 February 2024 4,791,310

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
(Unaudited)
£    £   
Amounts owed by group undertakings - 2,614,035

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
(Unaudited)
£    £   
Amounts owed to group undertakings - 2,742,976
Other creditors - 400,000
- 3,142,976

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2024
(Unaudited)
£    £   
Other creditors - 600,000

8. 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 the trade of the entity following the year end 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)

DDE MB LIMITED (REGISTERED NUMBER: 13565558)

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


9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Building Automation Nordic HoldingAB (registered in Sweden 559261-972.

Consolidated accounts are publically available at Building Automation Nordic Holding AB.