REGISTERED NUMBER: 12195782 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

DOMUSCOM LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J I Bailey

I McBain

REGISTERED OFFICE:

The Old Gas Works

43 Progress Road

Leigh on Sea

Essex

SS9 5PR

REGISTERED NUMBER:

12195782 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

38,505

48,647

Investment property

5

945,000

825,975

983,505

874,622

CURRENT ASSETS

Debtors

6

64,089

62,267

Cash at bank

2,603

11,543

66,692

73,810

CREDITORS

Amounts falling due within one year

7

24,098

2,117

NET CURRENT ASSETS

42,594

71,693

TOTAL ASSETS LESS CURRENT LIABILITIES

1,026,099

946,315

CREDITORS

Amounts falling due after more than one year

8

(979,113

)

(1,018,220

)

PROVISIONS FOR LIABILITIES

(22,615

)

-

NET ASSETS/(LIABILITIES)

24,371

(71,905

)

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

9

119,025

-

Retained earnings

(94,656

)

(71,907

)

24,371

(71,905

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:

J I Bailey - Director

I McBain - Director

1.	STATUTORY INFORMATION

Domuscom Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on cost

Motor vehicles

-

15% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

64,712

2,900

67,612

DEPRECIATION

At 1 October 2023

18,095

870

18,965

Charge for year

9,707

435

10,142

At 30 September 2024

27,802

1,305

29,107

NET BOOK VALUE

At 30 September 2024

36,910

1,595

38,505

At 30 September 2023

46,617

2,030

48,647

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

825,975

Revaluations

119,025

At 30 September 2024

945,000

NET BOOK VALUE

At 30 September 2024

945,000

At 30 September 2023

825,975

Fair value at 30 September 2024 is represented by:

£

Valuation in 2024

119,025

Cost

825,975

945,000

6.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

8,000

-

Other debtors

22,089

12,267

Prepayments and accrued income

-

16,000

30,089

28,267

2024

2023

£

£

Amounts falling due after more than one year:

Baileys Properties Limited

34,000

34,000

Aggregate amounts

64,089

62,267

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

2,698

-

Directors' current accounts

19,000

-

Accrued expenses

2,400

2,117

24,098

2,117

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

2,766

-

Bank loans - 2-5 years

2,836

-

Bank loans more 5 yr by instal

701,077

692,722

Other loans more 5yrs instal

217,571

-

Other creditors

54,863

325,498

979,113

1,018,220

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

701,077

692,722

Other loans more 5yrs instal

217,571

-

918,648

692,722

9.

RESERVES

Fair

value

reserve

£

Revaluation

119,025

At 30 September 2024

119,025

10.	OTHER FINANCIAL COMMITMENTS

Within one year £206,247

Due over one year £108,636

These leases relate to properties rented under fixed-term agreements used in the company’s operations. The lease terms range from 6 months to 3 years. The agreements do not contain any purchase options or escalation clauses based on turnover. Some leases contain renewal options at market rent.