REGISTERED NUMBER: 03586166 (England and Wales)

DOMAINMASTER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

168,161

165,937

Investments

5

250,000

250,000

418,161

415,937

CURRENT ASSETS

Debtors

6

6,094

6,287

Cash at bank

9,014

42,384

15,108

48,671

CREDITORS

Amounts falling due within one year

7

281,211

330,915

NET CURRENT LIABILITIES

(266,103

)

(282,244

)

TOTAL ASSETS LESS CURRENT LIABILITIES

152,058

133,693

CREDITORS

Amounts falling due after more than one year

8

(11,667

)

(21,667

)

PROVISIONS FOR LIABILITIES

(31,851

)

(31,528

)

NET ASSETS

108,540

80,498

CAPITAL AND RESERVES

Called up share capital

-

100

Retained earnings

108,540

80,398

108,540

80,498

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

S J M Malialis - Director

1.	STATUTORY INFORMATION

Domainmaster Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03586166

Registered office:

27 Attimore Road

Welwyn Garden City

Hertfordshire

AL8 6LQ

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.

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.

Plant and machinery

-

Straight line over 5 years

Motor vehicles

-

Straight line over 5 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

IPv4 and

Plant and

Motor

IPv6 IP

machinery

vehicles

Addresses

Totals

£

£

£

£

COST

At 1 October 2023

212,523

36,080

160,000

408,603

Additions

4,770

-

-

4,770

At 30 September 2024

217,293

36,080

160,000

413,373

DEPRECIATION

At 1 October 2023

207,176

35,490

-

242,666

Charge for year

2,398

148

-

2,546

At 30 September 2024

209,574

35,638

-

245,212

NET BOOK VALUE

At 30 September 2024

7,719

442

160,000

168,161

At 30 September 2023

5,347

590

160,000

165,937

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2023

and 30 September 2024

250,000

NET BOOK VALUE

At 30 September 2024

250,000

At 30 September 2023

250,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

819

2,676

Other debtors

5,275

3,611

6,094

6,287

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

146,120

224,638

Taxation and social security

64,589

21,027

Other creditors

60,502

75,250

281,211

330,915

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

11,667

21,667

9.	RELATED PARTY DISCLOSURES

During the year, P Malialis and S J M Malialis (Directors) loaned money to the company with no set repayment date. At the year end the amount due to the directors by the company was £458 (2023: £621).

Also during the year, P Malialis and S J M Malialis received dividends from the company in accordance

with their shareholding of £105,000 (2023: £31,000).

10.	ULTIMATE CONTROLLING PARTY

Directors P Malialis and S J M Malialis jointly control the company by virtue of holding 50% of the issued ordinary share capital each.