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REGISTERED NUMBER: SC675311 (Scotland)
















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

DPMR Limited

DPMR Limited (Registered number: SC675311)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DPMR Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Daniela Sarti Clelland
Patricia Marion Diamond
Michele Antonio Carlo Arrighi
Renato Cimmino





REGISTERED OFFICE: Westburn Business Centre
McNee Road
Prestwick
KA9 2PB





REGISTERED NUMBER: SC675311 (Scotland)





ACCOUNTANTS: Gillespie & Anderson
Chartered Accountants
Westburn Business Centre
McNee Road
Prestwick
KA9 2PB

DPMR Limited (Registered number: SC675311)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 126,016 416,541

CURRENT ASSETS
Debtors 5 - 24,570
Cash in hand 100 100
100 24,670
CREDITORS
Amounts falling due within one year 6 92,259 227,888
NET CURRENT LIABILITIES (92,159 ) (203,218 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,857

213,323

CREDITORS
Amounts falling due after more than one
year

7

23,138

182,997
NET ASSETS 10,719 30,326

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,619 30,226
SHAREHOLDERS' FUNDS 10,719 30,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DPMR Limited (Registered number: SC675311)

Balance Sheet - continued
30 September 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by:





Patricia Marion Diamond - Director


DPMR Limited (Registered number: SC675311)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

DPMR 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The directors consider the company's financial requirements on a regular basis to ensure that it has sufficient resources to meet commitments as they fall due. This review includes consideration of the ongoing support from its associated business. On the basis of this review the directors consider it appropriate to prepare the accounts on a going concern basis.

Turnover/revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of the Company's activities, less internet processing costs.

Sales are presented, net of value-added tax, rebates and discounts.

The Company recognises revenue when the amount of revenue and related cost can be reliably measured, it is probable that the collectability of the related receivables is reasonably assured and when the specific criteria for each of the Company's activities are met.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

DPMR Limited (Registered number: SC675311)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

The company has two main categories of financial instruments, which are loans and other receivables and other financial liabilities:

Loans and other receivables
Loans and other receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. Upon recognition, these assets are measured at fair value less directly related transaction expenses. In successive periods these are measured at amortised cost, and any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value less any allowance for credit losses.

Other financial liabilities
Other financial liabilities are recognised initially at fair value, net of transaction costs incurred. In successive periods these are measured at amortised cost. Any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value.

Impairment of financial instruments
A provision for impairment is established when there is objective evidence that, as a result of one or more events that occurred after the initial recognition, the estimated future cash flows have been impacted.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Cash and cash equivalents
Cash and cash equivalents comprise cash held by the company and short term bank deposits with an original maturity of three months or less from inception and are subject to insignificant risk of changes in value.

Impairment of fixed assets
At each reporting date, the company reviews the carrying amounts of its tangible and intangible fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the amount of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

DPMR Limited (Registered number: SC675311)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 416,541
Disposals (290,525 )
At 30 September 2024 126,016
NET BOOK VALUE
At 30 September 2024 126,016
At 30 September 2023 416,541

In the opinion of the directors, the value of the investment property at 30 September 2024 has not materially changed.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 24,570

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,008 58,341
Amounts owed to associates 57,789 161,909
Taxation and social security 7,712 5,888
Other creditors 1,750 1,750
92,259 227,888

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 23,138 182,997

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 48,146 241,338

The loan is secured by way of a standard security over the ground floor level store premises at 60 Bath Lane, Glasgow.

DPMR Limited (Registered number: SC675311)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. RELATED PARTY DISCLOSURES

The company contracted for services from an associated company.

The value of services rendered amounted to £35,000 and the balance due to the associated company at 30 September 2024 amounted to £3,756 (2023: £26,645 - owed to).

Rental income in the year was received from 2 associated companies amounting to £41,250.

An amount of £54,034 (2023: £135,264 ) is owed to another associated company at 30 September 2024.

10. CONTROLLING PARTY

The company is under the control of all 4 directors due to their equal shareholding in the company.