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REGISTERED NUMBER: 00930546 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DORMEUIL (UK) LIMITED

DORMEUIL (UK) LIMITED (REGISTERED NUMBER: 00930546)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DORMEUIL (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: R Boide
D F Dormeuil
V A Dormeuil
C S Robinson





SECRETARY: M Jessop





REGISTERED OFFICE: 35 Sackville Street
London
W1S 3EG





REGISTERED NUMBER: 00930546 (England and Wales)





AUDITORS: Jamieson Stone LLP
Windsor House
40/41 Great Castle Street
London
W1W 8LU

DORMEUIL (UK) LIMITED (REGISTERED NUMBER: 00930546)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 14,962 17,688

CURRENT ASSETS
Debtors 5 242,587 255,589
Cash at bank 6 51,352 28,935
293,939 284,524
CREDITORS
Amounts falling due within one year 7 (197,494 ) (210,053 )
NET CURRENT ASSETS 96,445 74,471
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,407

92,159

PROVISIONS FOR LIABILITIES 9 (25,000 ) (25,000 )
NET ASSETS 86,407 67,159

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 86,307 67,059
86,407 67,159

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:





D F Dormeuil - Director


DORMEUIL (UK) LIMITED (REGISTERED NUMBER: 00930546)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Dormeuil (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Going concern
The financial statements have been prepared on a going concern basis which means that the company can be expected to meet its liabilities as they fall due for a period of 12 months from the date of signing these financial statements. In assessing the appropriateness of the going concern basis of preparation the directors have taken into account the key risks of the business. The Directors have considered the company's business model and availability of cash resources and cite that the Company is profitable, is in a net asset position at the year end and has generated sufficient cash to meet its liabilities during the financial year.

Further, should the company require it, financial support could be provided from it's parent. Having undertaken this assessment the directors consider that the company will be able to meet its liabilities as they fall due for the foreseeable future and it is therefore appropriate to prepare the financial statements on a going concern basis.

Turnover
Turnover is the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

DORMEUIL (UK) LIMITED (REGISTERED NUMBER: 00930546)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - over the period of the lease
Fixtures & fittings - 5 to 15 years

Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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

Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

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 banks and other third parties, loans to related parties and investments in ordinary shares.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

DORMEUIL (UK) LIMITED (REGISTERED NUMBER: 00930546)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

The company operates a defined benefit pension scheme, the Dormeuil London Retirement Benefit Scheme, which is closed to new members. Contributions payable to the scheme are agreed following each triennial actuarial valuation. The last actuarial valuation was in 2023 and which agreed a funding schedule to December 2030. The next actuarial valuation is due in 2026.

The assets and liabilities of the defined benefit pension scheme are held independently from the company by the trustees of the Dormeuil London Retirement Benefit Scheme.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Leasehold Fixtures
property & fittings Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 129,734 57,513 187,247
DEPRECIATION
At 1 January 2024 129,734 39,825 169,559
Charge for year - 2,726 2,726
At 31 December 2024 129,734 42,551 172,285
NET BOOK VALUE
At 31 December 2024 - 14,962 14,962
At 31 December 2023 - 17,688 17,688

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 110,087 91,718
Other debtors 30,698 140,128
Amounts due from group undertakings 74,323 3,671
Prepayments and accrued income 27,479 20,072
242,587 255,589

DORMEUIL (UK) LIMITED (REGISTERED NUMBER: 00930546)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. CASH AT BANK
2024 2023
£    £   
Cash at bank 51,352 28,935

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 10,161 -
Social security and other taxes 15,818 14,694
Other creditors - 705
Amounts due to group
undertakings 57,432 72,124
Accruals and deferred income 114,083 122,530
197,494 210,053

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 50,000 50,000
Between one and five years 48,630 98,630
98,630 148,630

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Other provisions
Dilapidation provision 25,000 25,000

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Stone (Senior Statutory Auditor)
for and on behalf of Jamieson Stone LLP

11. PENSION COMMITMENTS

The company operates a defined benefit pension scheme, the Dormeuil London Retirement Benefit Scheme, which is closed to new members. The last actuarial valuation of the scheme in 2023 reported a funding shortfall of £195,000. The trustees and the employer agreed a payment schedule in 2024 comprising a one-off payment of £40,000 in February 2024, and £28,000 per annum payable in monthly instalments during the period ending December 2030.

In 2025 the trustees and the employer agreed an amendment to the payment schedule with a further one-off payment of £35,000 in February 2025. An accrual for this payment is included in the financial statements for the year ended 31 December 2024.

The shortfall will be reviewed in the next actuarial valuation report which is due in 2026.

DORMEUIL (UK) LIMITED (REGISTERED NUMBER: 00930546)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

12. RELATED PARTY DISCLOSURES

The Company is exempt under the terms of Financial Reporting Standard 102 (FRS102) Section 33 paragraph 1A , from disclosing related party transactions with other group companies, on the grounds that the company is wholly owned within the group and the company is included in consolidated financial statements prepared by the group.

13. ULTIMATE CONTROLLING PARTY

The Company's immediate parent undertaking is Dormeuil Freres SAS, a company incorporated in France.

In the directors' opinion the ultimate parent undertaking is Fraxa Holding SAS, a company incorporated in
France. Copies of the group financial statements, which include the company, are available from its registered
office at Air Park Sud, 3 Avenue Jeanne Garnerin, 91320, Wissous Cedex, France.