ACCOUNTS - Final Accounts preparation

Registered number: 14588902

DOMINUS FLEET STREET LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

DOMINUS FLEET STREET LIMITED

REGISTERED NUMBER: 14588902

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments			1		-
			1		-
Current assets
Debtors: amounts falling due within one year	5	1,332,932		1
Cash at bank and in hand		525,222		-
		1,858,154		1
Creditors: amounts falling due within one year	6	(1,933,189)		-
Net current (liabilities)/assets			(75,035)		1
Total assets less current liabilities			(75,034)		1

Net (liabilities)/assets			(75,034)		1

Capital and reserves
Called up share capital	1	1
Profit and loss account	(75,035)	-
	(75,034)	1

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 September 2025.

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DOMINUS FLEET STREET LIMITED

REGISTERED NUMBER: 14588902

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

Sukhpal Singh Ahluwalia

Director

The notes on pages 3 to 5 form part of these financial statements.

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DOMINUS FLEET STREET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Dominus Fleet Street Limited is a private company limited by shares and incorporated in England.
The address of its principal place of business is 14A Shouldham Street, Marylebone, London, W15 5FJ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The company's functional and presentational currency is GBP, rounded to the nearest £1.

The following principal accounting policies have been applied:

2.2

Going concern

The company shows net current liabilities at the balance sheet date of £75,035. The company has received formal confirmation from its creditors that the company will receive the financial support it requires to enable it to meet its liabilities as they fall due. Based on this assurance the directors consider it appropriate to prepare the financial statements on a going concern basis.
In making their assessment of going concern, the directors have considered information for a period of at least twelve months from the date the financial statements were authorised for issue.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the
company and the revenue can be reliably measured. Revenue is measured as the fair value of the
consideration received or receivable, excluding discounts, rebates, value added tax and other sales
taxes.

2.4

Interest income

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

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

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DOMINUS FLEET STREET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties and loans to or from related parties.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	Additions	1
	At 31 December 2024	1

Subsidiary undertaking
The following was a subsidiary undertaking of the Company:
Name	Registered office	Class of shares	Holding

Dominus Project Company 11 Limited

1 London Street, Reading, Berkshire, RG1 4PN

Ordinary

100%

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DOMINUS FLEET STREET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Subsidiary undertaking (continued)

	The aggregate of the share capital and reserves as at 31 December 2024 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:
	Name	Aggregate of share capital and reserves	Profit/(Loss)

Dominus Project Company 11 Limited

(179,071)

(179,072)

Debtors

					2024	2023
					£	£


Trade debtors	1,158,005	-
Amounts owed by group undertakings	174,926	-
Called up share capital not paid	1	1
	1,332,932	1

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	13,800	-
Amounts owed to group undertakings	1,893,232	-
Other taxation and social security	8,807	-
Other creditors	15,850	-
Accruals and deferred income	1,500	-
	1,933,189	-

7.	Related party transactions

Dominus Fleet Street Limited is a wholly owned subsidiary of Dominus Fleet Street Holdings Limited, a
company incorporated in Jersey. The registered office address is 28 Esplanade, St Helier, Jersey, JE2
3QA.
The company has taken advantage of the exemption in FRS 102 from the requirement to disclose
transactions with its parent company on the grounds that the company is wholly owned subsidiary.

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