REGISTERED NUMBER: 09935269 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DBM ADVISORY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Brodesky

SECRETARY:

Mrs M Aviav Brodesky

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

09935269 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

21,838

15,362

Investments

5

10,000

-

31,838

15,362

CURRENT ASSETS

Debtors

6

59,519

60,170

Cash at bank

109,456

669,918

168,975

730,088

CREDITORS

Amounts falling due within one year

7

(172,128

)

(443,116

)

NET CURRENT (LIABILITIES)/ASSETS

(3,153

)

286,972

TOTAL ASSETS LESS CURRENT LIABILITIES

28,685

302,334

CREDITORS

Amounts falling due after more than one year

8

(17,506

)

(27,898

)

PROVISIONS FOR LIABILITIES

10

(5,460

)

(1,684

)

NET ASSETS

5,719

272,752

CAPITAL AND RESERVES

Called up share capital

11

200

200

Retained earnings

5,519

272,552

SHAREHOLDERS' FUNDS

5,719

272,752

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 12 September 2025 and were signed by:

Mr D Brodesky - Director

1.	STATUTORY INFORMATION

DBM Advisory Limited 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.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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.

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 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

16,429

17,958

34,387

Additions

4,331

9,424

13,755

At 31 December 2024

20,760

27,382

48,142

DEPRECIATION

At 1 January 2024

11,148

7,877

19,025

Charge for year

2,403

4,876

7,279

At 31 December 2024

13,551

12,753

26,304

NET BOOK VALUE

At 31 December 2024

7,209

14,629

21,838

At 31 December 2023

5,281

10,081

15,362

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

Additions

10,000

At 31 December 2024

10,000

NET BOOK VALUE

At 31 December 2024

10,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

59,519

60,170

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 9)

10,000

10,000

Trade creditors

-

753

Amounts owed to group undertakings

28,070

-

Taxation and social security

44,668

426,738

Other creditors

89,390

5,625

172,128

443,116

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 9)

17,506

27,898

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

10,000

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

7,506

17,898

10.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

Accelerated capital allowances

5,460

1,684

Deferred

tax

£

Balance at 1 January 2024

1,684

Provided during year

3,776

Balance at 31 December 2024

5,460

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

150

A Ordinary Voting

£1

150

150

26

C Ordinary

£1

26

26

12

D Ordinary

£1

12

12

12

E Ordinary

£1

12

12

200

200

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Brodesky.

The Parent undertaking is DBM Venture Holdings Limited.