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Company No: 13664238 (England and Wales)

DALMUNZIE INVESTMENTS LTD

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

DALMUNZIE INVESTMENTS LTD

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

DALMUNZIE INVESTMENTS LTD

BALANCE SHEET

As at 31 October 2024
DALMUNZIE INVESTMENTS LTD

BALANCE SHEET (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Intangible assets 3 12,725 12,725
12,725 12,725
Current assets
Cash at bank and in hand 189 188
189 188
Creditors: amounts falling due within one year 4 ( 16,550) ( 15,300)
Net current liabilities (16,361) (15,112)
Total assets less current liabilities (3,636) (2,387)
Net liabilities ( 3,636) ( 2,387)
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 3,637 ) ( 2,388 )
Total shareholder's deficit ( 3,636) ( 2,387)

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Dalmunzie Investments Ltd (registered number: 13664238) were approved and authorised for issue by the Director on 26 June 2025. They were signed on its behalf by:

T R Todd
Director
DALMUNZIE INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
DALMUNZIE INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dalmunzie Investments Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Horsington Manor, Horsington, Templecombe, BA8 0EE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £3,636. The Company is supported through loans from the director. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets not amortised
Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Intangible assets

Other intangible assets Total
£ £
Cost
At 01 November 2023 12,725 12,725
At 31 October 2024 12,725 12,725
Accumulated amortisation
At 01 November 2023 0 0
At 31 October 2024 0 0
Net book value
At 31 October 2024 12,725 12,725
At 31 October 2023 12,725 12,725

4. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 16,550 15,300