Dexamar Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09900143 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Dexamar Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

23,136

30,847

Investments

5

3,340,226

2,842,408

Investment property

6

650,000

4,013,362

3,523,255

CURRENT ASSETS

Debtors

7

1,899

2,751

Cash at bank and in hand

284,023

1,108,542

285,922

1,111,293

CREDITORS

Amounts falling due within one year

8

(999,333

)

(1,534,167

)

NET CURRENT LIABILITIES

(713,411

)

(422,874

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,299,951

3,100,381

PROVISIONS FOR LIABILITIES

(67,886

)

(2,635

)

NET ASSETS

3,232,065

3,097,746

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

9

186,305

(15,232

)

Retained earnings

3,045,660

3,112,878

3,232,065

3,097,746

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 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 29 September 2025 and were signed on its behalf by:

Mr S Little - Director

1.	STATUTORY INFORMATION

Dexamar 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:

09900143

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

73,120

DEPRECIATION

At 1 January 2024

42,273

Charge for year

7,711

At 31 December 2024

49,984

NET BOOK VALUE

At 31 December 2024

23,136

At 31 December 2023

30,847

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST OR VALUATION

At 1 January 2024

945,929

1,896,479

2,842,408

Additions

-

1,222,207

Disposals

-

(981,937

)

(981,937

)

Revaluations

-

250,822

Exchange differences

-

6,726

At 31 December 2024

945,929

2,394,297

3,340,226

NET BOOK VALUE

At 31 December 2024

945,929

2,394,297

3,340,226

At 31 December 2023

945,929

1,896,479

2,842,408

Cost or valuation at 31 December 2024 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

Valuation in 2024

-

113,098

Cost

945,929

2,281,199

3,227,128

945,929

2,394,297

3,340,226

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

650,000

NET BOOK VALUE

At 31 December 2024

650,000

At 31 December 2023

650,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2021

136,308

Valuation in 2022

(46,000

)

Valuation in 2023

45,000

Cost

514,692

650,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Other debtors

1,899

2,751

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

129

46

Amounts owed to group undertakings

997,314

Other creditors

1,890

536,807

999,333

1,534,167

9.

RESERVES

Fair

value

reserve

£

At 1 January 2024

(15,232

)

Revaluation in year

201,537

At 31 December 2024

186,305

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

Mr S Little and Ms M J Winter

Balance outstanding at start of year

-

437

Amounts repaid

-

(437

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-