DMC MOTO (BIRMINGHAM) LIMITED

Company Registration Number:
08393769 (England and Wales)

Unaudited abridged accounts for the year ended 29 June 2024

Period of accounts

Start date: 30 June 2023

End date: 29 June 2024

DMC MOTO (BIRMINGHAM) LIMITED

Contents of the Financial Statements

for the Period Ended 29 June 2024

Balance sheet
Notes

DMC MOTO (BIRMINGHAM) LIMITED

Balance sheet

As at 29 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 356,039 387,591
Total fixed assets: 356,039 387,591
Current assets
Stocks: 2,889,629 2,809,341
Debtors:   448,404 424,416
Cash at bank and in hand: 309 0
Total current assets: 3,338,342 3,233,757
Creditors: amounts falling due within one year:   (2,316,609) (2,360,447)
Net current assets (liabilities): 1,021,733 873,310
Total assets less current liabilities: 1,377,772 1,260,901
Creditors: amounts falling due after more than one year:   (1,035,039) (1,029,120)
Total net assets (liabilities): 342,733 231,781
Capital and reserves
Called up share capital: 480,000 480,000
Profit and loss account: (137,267) (248,219)
Shareholders funds: 342,733 231,781

The notes form part of these financial statements

DMC MOTO (BIRMINGHAM) LIMITED

Balance sheet statements

For the year ending 29 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 June 2025
and signed on behalf of the board by:

Name: Claudio TAMBURRINI
Status: Director

The notes form part of these financial statements

DMC MOTO (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 29 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows Land and buildings 5 percent per annum of cost Plant and Machinery 20 percent per annum straight line Fixtures and Fittings 20 percent per annum on straight line

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Other accounting policies

Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors.

DMC MOTO (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 29 June 2024

2. Employees

2024 2023
Average number of employees during the period 6 8

DMC MOTO (BIRMINGHAM) LIMITED

Notes to the Financial Statements

for the Period Ended 29 June 2024

3. Tangible Assets

Total
Cost £
At 30 June 2023 507,992
At 29 June 2024 507,992
Depreciation
At 30 June 2023 120,401
Charge for year 31,552
At 29 June 2024 151,953
Net book value
At 29 June 2024 356,039
At 29 June 2023 387,591