Company registration number:
13657369
DEM FS&I Limited
Unaudited filleted financial statements
28 February 2025
DEM FS&I Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
DEM FS&I Limited
Directors and other information
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Directors |
D Hutchinson |
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K Suavi |
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Company number |
13657369 |
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Registered office |
124-126 Church Hill |
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Loughton |
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Essex |
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IG10 1LH |
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Accountants |
Pollock Taylor Ltd |
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Chartered Certified Accountants |
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124-126 Church Hill |
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Loughton |
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Essex |
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IG10 1LH |
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DEM FS&I Limited
Statement of financial position
28 February 2025
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2025 |
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2024 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Investments |
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5 |
1,493,222 |
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1,371,500 |
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_________ |
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_________ |
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1,493,222 |
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1,371,500 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
1,366,846) |
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(
1,243,924) |
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_________ |
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_________ |
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Net current liabilities |
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(
1,366,846) |
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(
1,243,924) |
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_________ |
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_________ |
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Total assets less current liabilities |
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126,376 |
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127,576 |
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_________ |
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_________ |
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Net assets |
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126,376 |
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127,576 |
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_________ |
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_________ |
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Capital and reserves |
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Called up share capital |
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2 |
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2 |
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Profit and loss account |
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126,374 |
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127,574 |
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_________ |
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_________ |
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Shareholders funds |
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126,376 |
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127,576 |
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_________ |
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_________ |
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For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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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;
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The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
02 June 2025
, and are signed on behalf of the board by:
D Hutchinson
Director
Company registration number:
13657369
DEM FS&I Limited
Notes to the financial statements
Year ended 28 February 2025
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 124-126 Church Hill, Loughton, Essex, IG10 1LH.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2024:
2
).
5.
Investments
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Other investments other than loans |
Total |
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£ |
£ |
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Cost |
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At 1 March 2024 |
1,371,500 |
1,371,500 |
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Additions |
121,722 |
121,722 |
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_________ |
_________ |
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At 28 February 2025 |
1,493,222 |
1,493,222 |
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_________ |
_________ |
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Impairment |
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At 1 March 2024 and 28 February 2025 |
- |
- |
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_________ |
_________ |
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Carrying amount |
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At 28 February 2025 |
1,493,222 |
1,493,222 |
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_________ |
_________ |
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At 28 February 2024 |
1,371,500 |
1,371,500 |
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_________ |
_________ |
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6.
Creditors: amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Bank loans and overdrafts |
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- |
1 |
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Other creditors |
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1,366,846 |
1,243,923 |
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_________ |
_________ |
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1,366,846 |
1,243,924 |
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_________ |
_________ |
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7.
Related party transactions
At the end of the year £1,363,222 (2024:- £1,241,500) was owed to David Hutchinson Ltd which is a company incorporated in England and Wales and under the control of the director.