ACCOUNTS - Final Accounts preparation

Registered number: 13721919

DEUTERIUM GLOBAL FINANCIAL LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


DEUTERIUM GLOBAL FINANCIAL LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 6


DEUTERIUM GLOBAL FINANCIAL LIMITED REGISTERED NUMBER:13721919

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		101,405		101,405
			101,405		101,405
Current assets
Debtors: amounts falling due within one year	5	417,150		346,844
		417,150		346,844
Creditors: amounts falling due within one year	6	(501,668)		(423,155)
Net current liabilities			(84,518)		(76,311)
Total assets less current liabilities			16,887		25,094

Net assets			16,887		25,094

Capital and reserves
Called up share capital	7	20,000	20,000
Profit and loss account		(3,113)	5,094
		16,887	25,094


DEUTERIUM GLOBAL FINANCIAL LIMITED REGISTERED NUMBER:13721919

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

O O Ozsan

Director

Date: 18 June 2025

The notes on pages 3 to 6 form part of these financial statements.


DEUTERIUM GLOBAL FINANCIAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The company is a private company, limited by shares and registered in England and Wales, registration number 13721919. The registered address of the company is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company is that of an holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.4

Turnover

Turnover from dividends recieved is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.


DEUTERIUM GLOBAL FINANCIAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.8

Creditors

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

2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from other third parties, loans to and from related parties and investments in ordinary shares.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including the director,during the year was 1 (2023- 1).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	101,405
	At 31 December 2024	101,405


DEUTERIUM GLOBAL FINANCIAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Subsidiary undertakings
The following were subsidiary undertakings of the company:
Name	Registered office	Class of shares	Holding

Empirical Prospecting Company Ltd	United Kingdom	Ordinary	100%
Deuterium Investment Advisors Limited	United Kingdom	Ordinary	100%
Deuterium Asset Management Limited	United Kingdom	Ordinary	100%
Deuterium AG	Switzerland	Ordinary	100%

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	203,121	204,916
Other debtors	214,029	141,928
	417,150	346,844

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	494,240	416,555
Other creditors	828	-
Accruals and deferred income	6,600	6,600
	501,668	423,155

7.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

20,000 Ordinary shares of £1.00 each	20,000	20,000


DEUTERIUM GLOBAL FINANCIAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Related party transactions

As at the balance sheet date, an amount of £828 (2023 - £2,172 owned by) was owed to the director. The loan is unsecured, repayable on demand and carries interest in line with HMRC official rate.
During the year, dividends of £15,000 (2023 - £200,000) was paid to the director.
No disclosure has been made of transactions with other wholly owned group companies in accordance
with FRS 102 Section 1A paragraph 1AC.35.

9.	Post balance sheet events

After the year end the company received dividends from subsidaries, resulting the retained earnings becoming positive.