Registration number: 13655070

Dealer Doc Com Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Dealer Doc Com Ltd

Company Information

Director

R A Hannaford

Registered office

Thompson Jenner 28 Alexandra Terrace Exmouth Devon EX8 1BD

Accountants

Thompson Jenner LLP Chartered Accountants 28 Alexandra Terrace Exmouth Devon EX8 1BD

Dealer Doc Com Ltd

(Registration number: 13655070)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	37,557	27,556
Tangible assets	5	2,407	2,937
		39,964	30,493
Current assets
Debtors	6	5,598	13,139
Cash at bank and in hand		24,850	137,324
		30,448	150,463
Creditors: Amounts falling due within one year	7	(12,167)	(16,623)
Net current assets		18,281	133,840
Net assets		58,245	164,333
Capital and reserves
Called up share capital		2,409	2,409
Share premium reserve		306,691	306,691
Retained earnings		(250,855)	(144,767)
Shareholders' funds		58,245	164,333

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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 September 2025
 

......................................... R A Hannaford Director

Dealer Doc Com Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Thompson Jenner
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Whilst the financial statements have been prepared on a going concern basis, the directors acknowledge that a material uncertainty exists around the company’s ability to continue as a going concern. The company remains dependent on the continued support of its external investors and shareholders to complete the development of product software and at the date of approval, no agreement has yet been reached to secure additional resources.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	Straightline over 3 years.

Dealer Doc Com Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Development costs

Development expenditure is written off in the financial year in which it is incurred unless it relates to the development of a new or substantially improved product.

Such expenditure is capitalised as an intangible asset in the Balance Sheet at cost and is amortised through the Profit and Loss account only when the following criteria have been met.

• The technical feasibility and economic viability of the product has been proven.
• The decision to complete the development has been taken.
• The project costs can be reliably measured.

Subsequent development expenditure is capitalised only where it either enhances the economic benefits of the development asset or replaces part of the existing asset. Any remaining costs associated with the asset replaced are expensed.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Other intangible asset	20% Straightline method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Dealer Doc Com Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 2).

4	Intangible assets

	Internally generated software development costs  £	Total £
Cost or valuation
At 1 January 2024	27,556	27,556
Additions internally developed	10,001	10,001
At 31 December 2024	37,557	37,557
Carrying amount
At 31 December 2024	37,557	37,557
At 31 December 2023	27,556	27,556

Dealer Doc Com Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2024	3,990	3,990
Additions	1,200	1,200
At 31 December 2024	5,190	5,190
Depreciation
At 1 January 2024	1,053	1,053
Charge for the year	1,730	1,730
At 31 December 2024	2,783	2,783
Carrying amount
At 31 December 2024	2,407	2,407
At 31 December 2023	2,937	2,937

6

Debtors

	2024 £	2023 £
Other debtors	5,598	8,819
Prepayments and accrued income	-	4,320
Total current trade and other debtors	5,598	13,139

7

Creditors

	2024 £	2023 £
Due within one year
Taxation and social security	-	3,038
Other creditors	10,467	10,735
Accrued expenses	1,700	2,850
	12,167	16,623

Dealer Doc Com Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

8	Related party transactions

Transactions with the director

2024	At 1 January 2024 £	Repayments by director £	At 31 December 2024 £
Interest free loan repayable on demand	6,506	(2,000)	4,506

2023	At 1 October 2022 £	Advances to director £	Repayments by director £	At 31 December 2023 £
Interest free loan repayable on demand	-	6,601	(95)	6,506