Company registration number 12103960 (England and Wales)
DTMA HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
DTMA HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
DTMA HOLDINGS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DTMA HOLDINGS LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DTMA Holdings Limited for the year ended 30 September 2024 which comprise, the balance sheet 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of Directors of DTMA Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 10 December 2024. Our work has been undertaken solely to prepare for your approval the financial statements of DTMA Holdings Limited and state those matters that we have agreed to state to the Board of Directors of DTMA Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DTMA Holdings Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that DTMA Holdings 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 DTMA Holdings Limited. You consider that DTMA Holdings 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 DTMA Holdings 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.

PKF Smith Cooper Limited
26 April 2025
Accountants
7 Compton Street
Ashbourne
Derbyshire
United Kingdom
DE6 1BX
DTMA HOLDINGS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
8,826,605
8,695,657
Current assets
Stocks
200,000
-
Debtors
4
407,514
167,920
Cash at bank and in hand
1,432,412
1,119,010
2,039,926
1,286,930
Creditors: amounts falling due within one year
5
(1,320,548)
(1,149,922)
Net current assets
719,378
137,008
Total assets less current liabilities
9,545,983
8,832,665
Creditors: amounts falling due after more than one year
6
(2,423,893)
(3,322,474)
Provisions for liabilities
(101,101)
(107,478)
Net assets
7,020,989
5,402,713
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
7,020,889
5,402,613
Total equity
7,020,989
5,402,713
DTMA HOLDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
- 3 -

For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 26 April 2025
Mr D C Allsop
Director
Company registration number 12103960 (England and Wales)
DTMA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
1
Accounting policies
Company information

DTMA Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Compton Street, Ashbourne, Derbyshire, DE6 1BX. The company registration number is 12103960.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Not depreciated
Plant and equipment
20% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

 

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

DTMA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 5 -
1.6
Financial instruments
Basic financial assets

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Basic financial liabilities

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest method. Loans and borrowings that are receivable within one year are not discounted. If an arrangement constitutes a finance transaction it is measured at present value of future payments discounted at a market rate of interest for a similar loan.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

1.8
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 1 (2023 - 1).

2024
2023
Number
Number
Total
1
1
DTMA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 6 -
3
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2023
7,709,539
1,739,356
222,971
9,671,866
Additions
289,909
105,584
-
0
395,493
Disposals
-
0
(4,457)
(118,721)
(123,178)
At 30 September 2024
7,999,448
1,840,483
104,250
9,944,181
Depreciation and impairment
At 1 October 2023
-
0
854,671
121,538
976,209
Depreciation charged in the year
-
0
197,166
12,838
210,004
Eliminated in respect of disposals
-
0
-
0
(68,637)
(68,637)
At 30 September 2024
-
0
1,051,837
65,739
1,117,576
Carrying amount
At 30 September 2024
7,999,448
788,646
38,511
8,826,605
At 30 September 2023
7,709,539
884,685
101,433
8,695,657

The freehold land and buildings brought forward were valued by Bidwells on 10/07/2019.

 

Land and buildings acquired as part of a business combination were capitalised at the point of recognition at market value.

 

4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
259,357
157,781
Other debtors
148,157
10,139
407,514
167,920
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
651,200
600,000
Trade creditors
67,330
202,338
Corporation tax
538,924
311,211
Other taxation and social security
47,010
30,591
Other creditors
16,084
5,782
1,320,548
1,149,922
DTMA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 7 -
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
2,411,180
3,322,474
Other creditors
12,713
-
0
2,423,893
3,322,474
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Authorised
A Ordinary (9853) & B Ordinary (147) of 1p each
100
100
100
100
8
Directors' transactions
Description
% Rate
Opening balance
Amounts advanced
Closing balance
£
£
£
Directors' loan account
-
(755)
94,292
93,537
(755)
94,292
93,537
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