REGISTERED NUMBER: 12942944 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

DVNF Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr G K Versele

SECRETARY:

MYUKOFFICE LTD

REGISTERED OFFICE:

Westwood House

Annie Med Lane

South Cave

HU15 1HG

REGISTERED NUMBER:

12942944 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

Hull

HU1 2LD

FIXED ASSETS

Tangible assets

4

6,791

11,073

CURRENT ASSETS

Debtors

5

20,630

-

CREDITORS

Amounts falling due within one year

6

46,298

22,946

NET CURRENT LIABILITIES

(25,668

)

(22,946

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(18,877

)

(11,873

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(18,977

)

(11,973

)

SHAREHOLDERS' FUNDS

(18,877

)

(11,873

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 September 2025 and were signed by:

Mr G K Versele - Director

1.	STATUTORY INFORMATION

DVNF 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.

The company is reliant on the support of its parent company, Finvol Alfa NV, Finvol Alfa NV have agreed to provide such support for the foreseeable future.

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 etc

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

17,125

DEPRECIATION

At 1 January 2024

6,052

Charge for year

4,282

At 31 December 2024

10,334

NET BOOK VALUE

At 31 December 2024

6,791

At 31 December 2023

11,073

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

20,630

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

541

Amounts owed to group undertakings

45,358

18,733

Taxation and social security

-

2,791

Other creditors

940

881

46,298

22,946

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2024

(11,973

)

Deficit for the year

(7,004

)

At 31 December 2024

(18,977

)

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the Company owed £45,358 (2023 - £18,733) to Finvol Alfa NV. This loan is interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Finvol Alfa NV, a company whose registered office is in Belgium.