Denmatt Holdings Limited 31/12/2024 iXBRL

Company registration number: 15269245

Denmatt Holdings Limited

Unaudited filleted financial statements

31 December 2024

Denmatt Holdings Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Denmatt Holdings Limited

Directors and other information


	Directors	Mr DS Cooper
		Mr M Cooper


	Company number	15269245


	Registered office	2 The Grip Industrial Estate
		Linton
		Cambridge
		CB21 4XN


	Business address	2 The Grip Industrial Estate
		Linton
		Cambridge
		CB21 4XN


	Accountants	Hardcastle Blake
		19 New Road
		Drayton Parslow
		Milton Keynes
		MK17 0JH

Denmatt Holdings Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Denmatt Holdings Limited

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Denmatt Holdings Limited for the year ended 31 December 2024 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Denmatt Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Denmatt Holdings Limited and state those matters that we have agreed to state to the board of directors of Denmatt Holdings Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Denmatt Holdings Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Denmatt Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Denmatt Holdings Limited. You consider that Denmatt Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Denmatt Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hardcastle Blake

ICAEW

19 New Road

Drayton Parslow

Milton Keynes

MK17 0JH

12 September 2025

Denmatt Holdings Limited

Statement of financial position

31 December 2024

		2024
	Note	£	£

Fixed assets
Investments	4	642,706
		_______
			642,706

Current assets
Debtors	5	4,300
Cash at bank and in hand		1,178
		_______
		5,478
Creditors: amounts falling due
within one year	6	( 167,791)
		_______
Net current liabilities			( 162,313)
			_______
Total assets less current liabilities			480,393

Creditors: amounts falling due
after more than one year	7		( 483,195)

Provisions for liabilities			( 18,649)

			_______
Net liabilities			( 21,451)
			_______

Capital and reserves
Called up share capital			1
Profit and loss account			( 21,452)
			_______
Shareholders deficit			( 21,451)
			_______

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

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 12 September 2025 , and are signed on behalf of the board by:

Mr M Cooper

Director

Company registration number: 15269245

Denmatt Holdings Limited

Statement of changes in equity

Year ended 31 December 2024

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 January 2024	-	-	-

Loss for the year		( 2,803)	( 2,803)
Other comprehensive income for the year:
Deferred tax on property transfer	-	( 18,649)	( 18,649)
	_______	_______	_______
Total comprehensive income for the year	-	( 21,452)	( 21,452)

Issue of shares	1		1
	_______	_______	_______
Total investments by and distributions to owners	1	-	1

	_______	_______	_______
At 31 December 2024	1	( 21,452)	( 21,451)
	_______	_______	_______

Denmatt Holdings Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 The Grip Industrial Estate, Linton, Cambridge, CB21 4XN.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company has net liabilities of £21,451 at the year end date, albeit this is due to the inclusion of a deferred tax balance on a transferred asset. The directors consider that the rental income received will cover the mortgage repayments for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for rents receivable, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets .

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

4. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 January 2024	-	-
Additions	5,706	5,706
Transfers	637,000	637,000
	_______	_______
At 31 December 2024	642,706	642,706
	_______	_______
Impairment
At 1 January 2024 and 31 December 2024	-	-
	_______	_______
Carrying amount
At 31 December 2024	642,706	642,706
	_______	_______

During the year, an industrial unit was transferred at net book value of £637,000 from Cooper Barnes Limited, a fellow subsidiary of Cooper Barnes Holdings Limited. This was on a no gain no loss basis under s171 TCGA 1992. Deferred tax on the inherent gain was transferred as part of this and this is recognised as a movement in the statement of comprehensive income, not the profit and loss account for the year.

5. Debtors

			2024
			£
	Other debtors		4,300
			_______

6. Creditors: amounts falling due within one year

			2024
			£
	Bank loans and overdrafts		6,000
	Amounts owed to group undertakings		161,791
			_______
			167,791
			_______

7. Creditors: amounts falling due after more than one year

			2024
			£
	Bank loans and overdrafts		483,195
			_______

The bank loan is secured against the investment property.

Included within creditors: amounts falling due after more than one year is an amount of £ 449,000 iin respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

The loan is on a 300 month term with a fixed rate of interest

8. Controlling party

The company is a subsidiary undertaking of Cooper Barnes Holdings Limited, that shares the same registered office . This company is controlled by Mr D Cooper - director by virtue of his majority shareholding in that company.