Dmj Sub Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

Dmj Sub Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12166473 . The registered office is 2 County Walk, 54 East Street, Taunton, Somerset, TA1 3TZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are capital expediture on lease. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	15% on reducing balance

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Dmj Sub Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2024 to 31 March 2025

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 9 (2024: 11)

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Dmj Sub Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2024 to 31 March 2025

4. Intangible Assets

	Goodwill	Other Intangible Assets	Total
	£	£	£
Cost
As at 1 February 2024	155,032	7,123	162,155

As at 31 March 2025	155,032	7,123	162,155

Amortisation
As at 1 February 2024	62,012	4,274	66,286
Provided during the period	15,503	1,424	16,927

As at 31 March 2025	77,515	5,698	83,213

Net Book Value
As at 31 March 2025	77,517	1,425	78,942

As at 1 February 2024	93,020	2,849	95,869

5. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 February 2024	175,940
Additions	3,825

As at 31 March 2025	179,765

Depreciation
As at 1 February 2024	83,051
Provided during the period	19,892

As at 31 March 2025	102,943

Net Book Value
As at 31 March 2025	76,822

As at 1 February 2024	92,889

6. Stocks

	31 March 2025	31 January 2024
	£	£
Materials	8,609	7,993

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Dmj Sub Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2024 to 31 March 2025

7. Debtors

	31 March 2025	31 January 2024
	£	£
Due within one year
Trade debtors	16,987	37,953
Other debtors	52,587	35,847

	69,574	73,800
Due after more than one year
Other debtors	330,081	-

	399,655	73,800

8. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 January 2024
	£	£
Trade creditors	20,562	51,864
Other creditors	44,936	16,089
Taxation and social security	59,666	41,481

	125,164	109,434

9. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 January 2024
	£	£
Bank loans	371,147	77,000
Other creditors	19,170	30,934

	390,317	107,934

10. Share Capital

	31 March 2025	31 January 2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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Dmj Sub Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2024 to 31 March 2025

11. Related Party Transactions

Samra Housing Ltd

A company related by common people with significant control and directors.

Included within other debtors due within one year is a loan of £22,000 to Samra Housing Ltd (Company number 15215634). The loan is repayable on demand.

Dyeovil Sub Ltd

A company related by common directors

Included within other debtors due within one year is a loan of £176,866 to Dyeovil Sub Ltd (Company number 15534651). The loan is repayable on demand.

Dbridge Sub Ltd

A company related by common directors

Included within other debtors due within one year is a loan of £153,215 to Dbridge Sub Ltd (Company number 15580228). The loan is repayable on demand.

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		31 March 2025		31 January 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		78,942		95,869
Tangible Assets	5		76,822		92,889

			155,764		188,758
CURRENT ASSETS
Stocks	6	8,609		7,993
Debtors	7	399,655		73,800
Cash at bank and in hand		61,688		29,598

		469,952		111,391
Creditors: Amounts Falling Due Within One Year	8	(125,164 )		(109,434 )

NET CURRENT ASSETS (LIABILITIES)			344,788		1,957

TOTAL ASSETS LESS CURRENT LIABILITIES			500,552		190,715

Creditors: Amounts Falling Due After More Than One Year	9		(390,317 )		(107,934 )

NET ASSETS			110,235		82,781

CAPITAL AND RESERVES
Called up share capital	10		1,000		1,000
Profit and Loss Account			109,235		81,781

SHAREHOLDERS' FUNDS			110,235		82,781