Registered number
11566399
DMR FOODS LTD
Filleted Accounts
30 September 2024
DMR FOODS LTD
Registered number: 11566399
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 80,000 80,000
Tangible assets 4 43,257 57,256
123,257 137,256
Current assets
Stocks 35,935 29,483
Debtors 5 161,975 152,327
Cash at bank and in hand 116,828 179,905
314,738 361,715
Creditors: amounts falling due within one year 6 (136,254) (247,923)
Net current assets 178,484 113,792
Total assets less current liabilities 301,741 251,048
Creditors: amounts falling due after more than one year 7 (28,627) (34,347)
Net assets 273,114 216,701
Capital and reserves
Called up share capital 100 100
Profit and loss account 273,014 216,601
Shareholders' funds 273,114 216,701
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mateusz Zurek
Director
Approved by the board on 22 September 2025
DMR FOODS LTD
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 9 9
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2023 80,000
At 30 September 2024 80,000
Amortisation
At 30 September 2024 -
Net book value
At 30 September 2024 80,000
At 30 September 2023 80,000
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 180,513
Additions 421
At 30 September 2024 180,934
Depreciation
At 1 October 2023 123,257
Charge for the year 14,420
At 30 September 2024 137,677
Net book value
At 30 September 2024 43,257
At 30 September 2023 57,256
5 Debtors 2024 2023
£ £
Trade debtors 400 5,606
Other debtors 161,575 146,721
161,975 152,327
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 32,220 11,883
Taxation and social security costs 38,409 36,800
Other creditors 65,625 199,240
136,254 247,923
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 28,627 34,347
8 Other information
DMR FOODS LTD is a private company limited by shares and incorporated in England. Its registered office is:
1 Longford Road
Bognor Regis
West Sussex
PO21 1AA
DMR FOODS LTD 11566399 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 Mateusz Zurek No description of principal activity 11566399 2022-10-01 2023-09-30 11566399 core:WithinOneYear 2023-09-30 11566399 core:AfterOneYear 2023-09-30 11566399 core:ShareCapital 2023-09-30 11566399 core:RetainedEarningsAccumulatedLosses 2023-09-30 11566399 2023-10-01 2024-09-30 11566399 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11566399 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 11566399 bus:Director40 2023-10-01 2024-09-30 11566399 1 2023-10-01 2024-09-30 11566399 2 2023-10-01 2024-09-30 11566399 core:PlantMachinery 2023-10-01 2024-09-30 11566399 countries:England 2023-10-01 2024-09-30 11566399 bus:FRS102 2023-10-01 2024-09-30 11566399 bus:FilletedAccounts 2023-10-01 2024-09-30 11566399 2024-09-30 11566399 core:WithinOneYear 2024-09-30 11566399 core:AfterOneYear 2024-09-30 11566399 core:ShareCapital 2024-09-30 11566399 core:RetainedEarningsAccumulatedLosses 2024-09-30 11566399 core:Goodwill 2024-09-30 11566399 core:PlantMachinery 2024-09-30 11566399 2023-09-30 11566399 core:Goodwill 2023-09-30 11566399 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure