| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 20TH FEBRUARY 2024 TO 31ST DECEMBER 2024 |
| FOR |
| DIRECT GLOBAL TRADING INVESTMENTS LTD |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 20TH FEBRUARY 2024 TO 31ST DECEMBER 2024 |
| FOR |
| DIRECT GLOBAL TRADING INVESTMENTS LTD |
| DIRECT GLOBAL TRADING INVESTMENTS LTD (REGISTERED NUMBER: 15507742) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 20TH FEBRUARY 2024 TO 31ST DECEMBER 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| DIRECT GLOBAL TRADING INVESTMENTS LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 20TH FEBRUARY 2024 TO 31ST DECEMBER 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 12 Victoria Road |
| Barnsley |
| South Yorkshire |
| S70 2BB |
| DIRECT GLOBAL TRADING INVESTMENTS LTD (REGISTERED NUMBER: 15507742) |
| BALANCE SHEET |
| 31ST DECEMBER 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| SHAREHOLDERS' FUNDS |
| DIRECT GLOBAL TRADING INVESTMENTS LTD (REGISTERED NUMBER: 15507742) |
| BALANCE SHEET - continued |
| 31ST DECEMBER 2024 |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| DIRECT GLOBAL TRADING INVESTMENTS LTD (REGISTERED NUMBER: 15507742) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 20TH FEBRUARY 2024 TO 31ST DECEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| Direct Global Trading Investments Ltd is a |
| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Critical accounting judgements and key sources of estimation uncertainty |
| No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements. |
| There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the period 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 period 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. |
| DIRECT GLOBAL TRADING INVESTMENTS LTD (REGISTERED NUMBER: 15507742) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 20TH FEBRUARY 2024 TO 31ST DECEMBER 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Preparation of consolidated financial statements |
| In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL. |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| Additions |
| At 31st December 2024 |
| NET BOOK VALUE |
| At 31st December 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| £ |
| Called up share capital not paid |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary A | £1 | 104 |
| Ordinary B | £1 | 6 |
| Ordinary C | £1 | 6 |
| Ordinary D | £1 | 4 |
| 120 |
| The following shares were issued during the period for cash at par : |
| 104 Ordinary A shares of £1 |
| 6 Ordinary B shares of £1 |
| 6 Ordinary C shares of £1 |
| 4 Ordinary D shares of £1 |