DMC_CAPITAL_LIMITED_31_Dec_2024_companies_house_set_of

Company registration number:

11739373

DMC Capital Limited

Unaudited Financial Statements for the year ended

31 December 2024

Crown & Co Accountants Limited

Chartered Accountants

Singleton Court Business Park, Wonastow Road, Monmouth, Monmouthshire, NP25 5JA, United Kingdom

DMC Capital Limited

Officers and Professional Advisers

Year ended

31 December 2024

Director

D Crown

Registered office

Singleton Court Business Park

Wonastow Road

Monmouth

Monmouthshire

NP25 5JA

United Kingdom

Accountant	Crown & Co Accountants Limited
	Chartered Accountants
	Singleton Court Business Park Wonastow Road Monmouth Monmouthshire NP25 5JA United Kingdom

DMC Capital Limited

Director's Report

Year ended

31 December 2024

The director presents the report and the unaudited

financial statements

of the company for the year ended 31 December 2024.

Directors

The director who served the company during the year was as follows:

D Crown

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on

27 August 2025

and signed on behalf of the board by:

D Crown

Director

DMC Capital Limited

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of DMC Capital Limited

Year ended

31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the

financial statements

of

DMC Capital Limited

for the year ended

31 December 2024

which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of

DMC Capital Limited

, as a body, in accordance with the terms of my engagement letter dated 29 April 2022. My work has been undertaken solely to prepare for your approval the

financial statements

of

DMC Capital Limited

and state those matters that I have agreed to state to the Board of Directors of

DMC Capital Limited

, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than

DMC Capital Limited

and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that

DMC Capital 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 profit of

DMC Capital Limited

. You consider that

DMC Capital Limited

is exempt from the statutory audit requirement for the year.

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

Crown & Co Accountants Limited

Chartered Accountants

Singleton Court Business Park

Wonastow Road

Monmouth

Monmouthshire

NP25 5JA

United Kingdom

Date:

27 August 2025

DMC Capital Limited

Income Statement

Year ended

31 December 2024

	2024		2023
	£		£
Turnover	42,806		41,316
Gross profit	42,806		41,316
Administrative expenses	(58,479	)	(59,383	)
Other operating income	40,390		36,465
Operating profit	24,717		18,398
Other interest receivable and similar income	2,046		20,830
Interest payable and similar expenses	(675	)	(860	)
Profit before tax	26,088		38,368
Tax on profit	(4,957	)	(7,290	)
Profit for the financial year	21,131		31,078

The company has no other recognised items of income or expense other than the results for the year as set out above.

DMC Capital Limited

Statement of Financial Position

31 December 2024

		2024		2023
	Note	£		£
Fixed assets
Tangible assets	5	788,500		788,500
Current assets
Debtors	6	-		10,000
Cash at bank and in hand		14,078		3,814
		14,078		13,814
Creditors: amounts falling due within one year	7	(696,499	)	(712,788	)
Net current liabilities		(682,421	)	(698,974	)
Total assets less current liabilities		106,079		89,526
Creditors: amounts falling due after more than one year	8	(27,663	)	(32,241	)
Net assets		78,416		57,285
Capital and reserves
Called up share capital		100		100
Profit and loss account		78,316		57,185
Shareholders funds		78,416		57,285

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.

Director's 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 director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These

financial statements

were approved by the board of directors and authorised for issue on

27 August 2025

, and are signed on behalf of the board by:

D Crown

Director

Company registration number:

11739373

DMC Capital Limited

Notes to the Financial Statements

Year ended

31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

Singleton Court Business Park

,

Wonastow Road

,

Monmouth

,

Monmouthshire

,

NP25 5JA

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to 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 assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

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.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is 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.

Financial instruments

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

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Tangible assets

	Land and buildings
	£
Cost
At 1 January 2024 and 31 December 2024	788,500
Depreciation
At 1 January 2024 and 31 December 2024	-
Carrying amount
At 31 December 2024	788,500
At 31 December 2023	788,500

6 Debtors

	2024		2023
	£		£
Trade debtors	-		10,000

7 Creditors: amounts falling due within one year

	2024	2023
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	240,165	258,798
Taxation and social security	7,287	7,290
Other creditors	449,047	446,700
	696,499	712,788

8 Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans and overdrafts	27,663		32,241