Company No: 09148746 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Director

S L Danigo

Secretary

C Danigo

Registered office	Innovation House
	Ramsgate Road
	Sandwich
	CT13 9FF
	United Kingdom

Company number

09148746 (England and Wales)

Accountant	Kreston Reeves LLP
	37 St Margarets Street
	Canterbury
	Kent
	CT1 2TU

	Note	2024		2023
		€		€
Fixed assets
Investments	3	66,626		124,611
		66,626		124,611
Current assets
Debtors
- due within one year	4	77,911		7,702
- due after more than one year	4	1,539,832		461,501
Cash at bank and in hand		905,925		639,765
		2,523,668		1,108,968
Creditors: amounts falling due within one year	5	( 123,399)		( 435,499)
Net current assets		2,400,269		673,469
Total assets less current liabilities		2,466,895		798,080
Net assets		2,466,895		798,080
Capital and reserves
Called-up share capital	6	1,167		1,167
Profit and loss account		2,465,728		796,913
Total shareholder's funds		2,466,895		798,080

For the financial 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Dstream Holdings Limited (registered number: 09148746) were approved and authorised for issue by the Director on 26 September 2025. They were signed on its behalf by:

S L Danigo Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dstream Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Innovation House, Ramsgate Road, Sandwich, CT13 9FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in EUR which is the functional currency of the Company and rounded to the nearest €.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

The company's functional and presentational currency is Euros.

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Valuation of investments

Investments in subsidaries are measured at cost less accumulated impairment.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Fixed asset investments

	Other investments		Total
	€		€
Cost or valuation before impairment
At 01 January 2024	124,611		124,611
Disposals	( 57,985)		( 57,985)
At 31 December 2024	66,626		66,626
Carrying value at 31 December 2024	66,626		66,626
Carrying value at 31 December 2023	124,611		124,611

4. Debtors

	2024		2023
	€		€
Debtors: amounts falling due within one year
Trade debtors	7,500		7,500
Amounts owed by Group undertakings	( 109,589)		202
Other debtors	180,000		0
	77,911		7,702
Debtors: amounts falling due after more than one year
Other debtors	1,539,832		461,501

5. Creditors: amounts falling due within one year

	2024		2023
	€		€
Other creditors	123,399		435,499

6. Called-up share capital

	2024		2023
	€		€
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,167		1,167

7. Related party transactions

All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.

8. Ultimate controlling party

During the year the company was controlled by S L Danigo by virtue of his 100% shareholding.