Company Registration No. 11296514 (England and Wales)
DIGITAL POWER DM LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
DIGITAL POWER DM LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DIGITAL POWER DM LTD
Company Registration No. 11296514
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
December 2024
July 2024
Notes
£
£
£
£
Fixed assets
Investments
3
10
10
Current assets
-
-
Creditors: amounts falling due within one year
4
(1,760)
(1,760)
Net current liabilities
(1,760)
(1,760)
Net liabilities
(1,750)
(1,750)
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
(1,850)
(1,850)
Total equity
(1,750)
(1,750)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial Period ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 6 August 2025 and are signed on its behalf by:
C Shliachter-Setteboun
Director
DIGITAL POWER DM LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information
Digital Power DM Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 4/4a Bloomsbury Square, London, England, WC1A 2RP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Reporting period
The accounts cover the period from 1 August 2024 to 31 December 2024.
1.3
Profit and loss account
The company has not traded during the period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
2
Employees
The average monthly number of persons (including directors) employed by the company during the Period was:
December 2024
July 2024
Number
Number
Total
2
3
3
Fixed asset investments
December 2024
July 2024
£
£
Shares in group undertakings and participating interests
10
10
DIGITAL POWER DM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
- 3 -
4
Creditors: amounts falling due within one year
December 2024
July 2024
£
£
Other creditors
1,760
1,760
1,760
1,760
5
Called up share capital
December 2024
July 2024
December 2024
July 2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
6
Related party transactions
The Company forms part of a wholly-owned group and accordingly has taken advantage of the exemption allowed under section 33.1A of FRS 102 not to disclose transactions with other group companies.