DBMK Consulting Limited - Filleted accounts

Registered number

10950195

DBMK Consulting Limited

Filleted Accounts

31 December 2024

DBMK Consulting Limited
Registered number:		10950195
Balance Sheet
as at 31 December 2024

	Notes	2024			2023
£			£	£		£
Fixed assets
Tangible assets	4		28,074			1,196

Current assets
Debtors	5	2,022			1,608
Cash at bank and in hand		22,906			21,194
		24,928			22,802

Creditors: amounts falling due within one year	6	(42,011)			(21,864)

Net current (liabilities)/assets			(17,083)			938

Total assets less current liabilities			10,991			2,134

Creditors: amounts falling due after more than one year	7		(10,525)			-



Net (liabilities)/assets			466			2,134

Capital and reserves
Called up share capital	8		100			100
Profit and loss account			366			2,034

Shareholders' funds			466			2,134

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Daniel Bignold
Director

Approved by the board on 16 September 2025

DBMK Consulting Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	IT equipment			33% straight line
	Office equipment			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Judgements and key sources of estimation uncertainty

	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.


3	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					2		2


4	Tangible fixed assets
		Land and buildings		Fixtures and fittings		IT equipment		Total
£			£		£		£
	Cost
	At 1 January 2024	-		1,467		3,031		4,498
	Additions	26,296		-		1,471		27,767
	At 31 December 2024	26,296		1,467		4,502		32,265

	Depreciation
	At 1 January 2024	-		419		2,883		3,302
	Charge for the year	438		262		189		889
	At 31 December 2024	438		681		3,072		4,191

	Net book value
	At 31 December 2024	25,858		786		1,430		28,074
	At 31 December 2023	-		1,048		148		1,196


5	Debtors					2024		2023
£							£

	Trade debtors					2,022		1,608


6	Creditors: amounts falling due within one year					2024		2023
£							£

	Obligations under finance lease and hire purchase contracts					4,074		-
	Taxation and social security costs					16,248		17,945
	Accruals					3,777		3,902
	Directors loan 1					9,111		-
	Directors loan 2					8,801		17
						42,011		21,864


7	Creditors: amounts falling due after one year					2024		2023
£							£

	Obligations under finance lease and hire purchase contracts					10,525		-


8	Other information

	DBMK Consulting Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Accountax House
	420a Streatham High Road
	London
	SW16 3SN


9	Called up share capital					2024		2023
£							£
	Ordinary share capital
	Issued and fully paid
	Ordinary shares of £1 each					100		100

						100		100


10	Directors' transactions

	The directors operate a joint loan account with the company on an interest free basis. At the beginning of the year they were owed £17 by the company. During the the year aggregate advances of £72,200 (2023: £106,204) were made on behalf of a dividend of £66,200 (2023: £72,100),salary of £19,752 (2023: £19,752) and expenses incurred for the business of £28,404 (2023: £14,366). At the end of the year, the directors were owed £17,912 (2023: £17) by the company.