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Company registration number: 12468173
DM Assets Ltd
Unaudited filleted financial statements
28 February 2025
DM Assets Ltd
Contents
Statement of financial position and notes to the financial statements
DM Assets Ltd
Statement of financial position
28 February 2025

|  |  | 2025 |  |  | 2024 |
|  |  | £ | £ |  | £ | £
Fixed assets |  |  |  | 388,234 |  |  | 390,009
|  |  |  | _______ |  |  | _______
Current assets |  |  | 1,345 |  |  | 2,089 |
Prepayments and accrued income |  |  | 1,492 |  |  | 1,514 |
|  |  | _______ |  |  | _______ |
|  |  |  | 2,837 |  |  | 3,603
Creditors: amounts falling due within one year |  |  |  | ( 192,707) |  |  | ( 194,094)
|  |  |  | _______ |  |  | _______
Net current liabilities |  |  |  | ( 189,870) |  |  | ( 190,491)
|  |  |  | _______ |  |  | _______
Total assets less current liabilities |  |  |  | 198,364 |  |  | 199,518
Creditors: amounts falling due after more than one year |  |  |  | ( 194,011) |  |  | ( 196,524)
Accruals and deferred income |  |  |  | ( 1,848) |  |  | ( 1,680)
|  |  |  | _______ |  |  | _______
Net assets |  |  |  | 2,505 |  |  | 1,314
|  |  |  | _______ |  |  | _______
Capital and reserves |  |  |  | 2,505 |  |  | 1,314
|  |  |  | _______ |  |  | _______

Notes to the financial statements
DM Assets Ltd
Year ended 28 February 2025
1. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2024: Nil).
2. Going Concern
The company has net current liabilities. The company is therefore reliant upon the continued financial support of its director in order to continue operations. The director has indicated their willingness to provide financial support to ensure that the company has sufficient resources to meet third parties debts as they fall due. Accordingly the accounts have been prepared on a going concern basis. If the support of the director was withdrawn, then the going concern basis may not be acceptable. Adjustments may then have to be made to adjust the value of the assets to their recoverable amounts, to provide for any further liabilities that might arise, and to reclassify fixed assets and long term loans as current assets and current liabilities.
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 17 October 2025 , and are signed on behalf of the board by:
Mr D Moss
Director
Company registration number: 12468173
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Babis Farm Way, Saltash, Cornwall, PL12 4TA.