REGISTERED NUMBER: 03025088 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Demon 1 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M R Utterson

REGISTERED OFFICE:

Unit 6 3rd Floor

The Piano Works

117 Farringdon Road

London

EC1R 3BX

REGISTERED NUMBER:

03025088 (England and Wales)

ACCOUNTANTS:

Randall Accountancy Limited

22 The Crofts

Basingstoke

Hampshire

RG22 4RF

FIXED ASSETS

Tangible assets

4

3,034

2,076

CURRENT ASSETS

Debtors

5

65,162

30,558

Cash at bank

42,927

67,093

108,089

97,651

CREDITORS

Amounts falling due within one year

6

56,518

38,746

NET CURRENT ASSETS

51,571

58,905

TOTAL ASSETS LESS CURRENT LIABILITIES

54,605

60,981

CREDITORS

Amounts falling due after more than one year

7

4,509

14,969

NET ASSETS

50,096

46,012

CAPITAL AND RESERVES

Called up share capital

8

30

30

Retained earnings

50,066

45,982

SHAREHOLDERS' FUNDS

50,096

46,012

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 November 2025 and were signed by:

M R Utterson - Director

1.	STATUTORY INFORMATION

Demon 1 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

3,231

Additions

3,031

At 30 June 2025

6,262

DEPRECIATION

At 1 July 2024

1,155

Charge for year

2,073

At 30 June 2025

3,228

NET BOOK VALUE

At 30 June 2025

3,034

At 30 June 2024

2,076

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

65,162

30,558

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

10,460

10,097

Trade creditors

17,830

9,974

Taxation and social security

26,346

18,651

Other creditors

1,882

24

56,518

38,746

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

4,509

14,969

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

30

Ordinary

£1

30

30