Acorah Software Products - Accounts Production 16.3.350 false true true false 18 March 2024 31 December 2024 31 December 2024 15572906 Mr David Mitchell Mrs Diane Mitchell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15572906 2024-03-17 15572906 2024-12-31 15572906 2024-03-18 2024-12-31 15572906 frs-core:ShareCapital 2024-12-31 15572906 frs-bus:PrivateLimitedCompanyLtd 2024-03-18 2024-12-31 15572906 frs-bus:FilletedAccounts 2024-03-18 2024-12-31 15572906 frs-bus:SmallEntities 2024-03-18 2024-12-31 15572906 frs-bus:AuditExemptWithAccountantsReport 2024-03-18 2024-12-31 15572906 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-18 2024-12-31 15572906 frs-core:CostValuation 2024-03-17 15572906 frs-core:AdditionsToInvestments 2024-12-31 15572906 frs-core:CostValuation 2024-12-31 15572906 frs-core:ProvisionsForImpairmentInvestments 2024-03-17 15572906 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 15572906 frs-bus:Director1 2024-03-18 2024-12-31 15572906 frs-bus:Director2 2024-03-18 2024-12-31 15572906 frs-countries:EnglandWales 2024-03-18 2024-12-31
Registered number: 15572906
Demplant Holdings Limited
Unaudited Financial Statements
For the Period 18 March 2024 to 31 December 2024
Bee Motion Accounting Limited
136 Hall Street
Stockport
SK1 4HE
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mr David Mitchell
Mrs Diane Mitchell
Company Number 15572906
Registered Office Unit 1 - 4 Hibbert Street
Stockport
SK4 1NS
Accountants Bee Motion Accounting Limited
136 Hall Street
Stockport
SK1 4HE
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Accountant's Report
Accountants' report to the directors of Demplant Holdings Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the period ended 31 December 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting period. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
Stefan Alexander Barrett
12/03/2025
Bee Motion Accounting Limited
136 Hall Street
Stockport
SK1 4HE
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Balance Sheet
Registered number: 15572906
31 December 2024
Notes £ £
FIXED ASSETS
Investments 4 100
100
TOTAL ASSETS LESS CURRENT LIABILITIES 100
NET ASSETS 100
CAPITAL AND RESERVES
Called up share capital 5 100
SHAREHOLDERS' FUNDS 100
For the period ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Mitchell
Director
Mrs Diane Mitchell
Director
12/03/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Demplant Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15572906 . The registered office is Unit 1 - 4 Hibbert Street, Stockport, SK4 1NS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The company has considerable financial resources together with contracts with a number of clients. The directors believe that the company is well placed to manage its business risks successfully.
After making enquiries, the directors have reasonable expectations that the company has adequate resources to continue in operational existence for a period of at least twelve months and for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report.
2.3. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.5. Preparation of consolidated financial statements
The financial statements contain information about WeHoldco Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399 (2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
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4. Investments
Subsidiaries
£
Cost
As at 18 March 2024 -
Additions 100
As at 31 December 2024 100
Provision
As at 18 March 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 100
As at 18 March 2024 -
Investments in subsidiary undertakings are recognised at cost.
5. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 100
6. Related Party Transactions
The Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
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