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REGISTERED NUMBER: SC720249 (Scotland)





















Unaudited Financial Statements

For The Year Ended 31 January 2025

for

Dmk Property Finance Limited

Dmk Property Finance Limited (Registered number: SC720249)






Contents of the Financial Statements
For The Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Dmk Property Finance Limited

Company Information
For The Year Ended 31 January 2025







DIRECTOR: Ms D M Kerr





REGISTERED OFFICE: 1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH





REGISTERED NUMBER: SC720249 (Scotland)





ACCOUNTANTS: Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH

Dmk Property Finance Limited (Registered number: SC720249)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 52,116 41,515

CURRENT ASSETS
Debtors 5 58,218 6,489
Cash at bank 74,511 37,179
132,729 43,668
CREDITORS
Amounts falling due within one year 6 77,674 42,647
NET CURRENT ASSETS 55,055 1,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,171

42,536

CREDITORS
Amounts falling due after more than one year 7 (6,447 ) (11,853 )

PROVISIONS FOR LIABILITIES (6,645 ) (7,986 )
NET ASSETS 94,079 22,697

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 94,078 22,696
SHAREHOLDERS' FUNDS 94,079 22,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Dmk Property Finance Limited (Registered number: SC720249)

Balance Sheet - continued
31 January 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2025 and were signed by:





Ms D M Kerr - Director


Dmk Property Finance Limited (Registered number: SC720249)

Notes to the Financial Statements
For The Year Ended 31 January 2025

1. STATUTORY INFORMATION

Dmk Property Finance Limited is a private company, limited by shares , registered in Scotland. 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.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 20% on reducing balance

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances
Cash and bank balances are measured at the transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Dmk Property Finance Limited (Registered number: SC720249)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2025

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2024 - 4,815 42,940 1,283 49,038
Additions 1,250 - 18,230 563 20,043
At 31 January 2025 1,250 4,815 61,170 1,846 69,081
DEPRECIATION
At 1 February 2024 - 722 6,441 360 7,523
Charge for year 250 614 8,209 369 9,442
At 31 January 2025 250 1,336 14,650 729 16,965
NET BOOK VALUE
At 31 January 2025 1,000 3,479 46,520 1,117 52,116
At 31 January 2024 - 4,093 36,499 923 41,515

5. DEBTORS
31.1.25 31.1.24
£    £   
Amounts falling due within one year:
Other debtors 6,053 2,489

Dmk Property Finance Limited (Registered number: SC720249)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2025

5. DEBTORS - continued
31.1.25 31.1.24
£    £   
Amounts falling due after more than one year:
Other debtors 52,165 4,000

Aggregate amounts 58,218 6,489

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Hire purchase contracts 13,935 11,087
Taxation and social security 43,057 8,660
Other creditors 20,682 22,900
77,674 42,647

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.25 31.1.24
£    £   
Hire purchase contracts 6,447 11,853

8. RELATED PARTY DISCLOSURES

At the year-end DMK Property Finance Ltd is due £46,967 from Roscoe Real Estate Ltd, a company that share common ownership.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Dmk Property Finance Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dmk Property Finance Limited for the year ended 31 January 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of Dmk Property Finance Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dmk Property Finance Limited and state those matters that we have agreed to state to the director of Dmk Property Finance Limited in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Dmk Property Finance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dmk Property Finance Limited. You consider that Dmk Property Finance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dmk Property Finance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH


21 May 2025