REGISTERED NUMBER: SC546470 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

DHMO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

O McLaren

D Wilson

REGISTERED OFFICE:

5 Carden Place

Aberdeen

AB10 1UT

REGISTERED NUMBER:

SC546470 (Scotland)

FIXED ASSETS

Intangible assets

4

602,806

617,558

CURRENT ASSETS

Debtors

5

1,171,657

645,267

Cash at bank

78,320

82,293

1,249,977

727,560

CREDITORS

Amounts falling due within one year

6

137,434

154,589

NET CURRENT ASSETS

1,112,543

572,971

TOTAL ASSETS LESS CURRENT LIABILITIES

1,715,349

1,190,529

PROVISIONS FOR LIABILITIES

150,702

154,390

NET ASSETS

1,564,647

1,036,139

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,564,547

1,036,039

SHAREHOLDERS' FUNDS

1,564,647

1,036,139

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 25 September 2025 and were signed on its behalf by:

D Wilson - Director

1.	STATUTORY INFORMATION

DHMO Limited is a private company, limited by shares, registered in Scotland. The company's registered number and registered 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

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 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 January 2024

and 31 December 2024

701,326

AMORTISATION

At 1 January 2024

83,768

Amortisation for year

14,752

At 31 December 2024

98,520

NET BOOK VALUE

At 31 December 2024

602,806

At 31 December 2023

617,558

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

277,219

235,941

Amounts owed by group undertakings

883,773

391,558

Other debtors

10,665

17,768

1,171,657

645,267

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

31,547

128,559

Taxation and social security

85,588

23,202

Other creditors

20,299

2,828

137,434

154,589

7.	ULTIMATE CONTROLLING PARTY

The controlling party is DHMO Group Limited.