2B DMC UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09434867 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

2B DMC UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J B Brown

L T Butterfield

REGISTERED OFFICE:

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

REGISTERED NUMBER:

09434867 (England and Wales)

ACCOUNTANTS:

RJP LLP

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

25,587

21,870

Investments

6

1,573,020

-

1,598,607

21,870

CURRENT ASSETS

Debtors

7

2,375,344

1,251,380

Cash at bank

6,183,402

3,761,851

8,558,746

5,013,231

CREDITORS

Amounts falling due within one year

8

6,828,130

2,738,153

NET CURRENT ASSETS

1,730,616

2,275,078

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,329,223

2,296,948

PROVISIONS FOR LIABILITIES

9

6,439

5,510

NET ASSETS

3,322,784

2,291,438

CAPITAL AND RESERVES

Called up share capital

10

100

Revaluation reserve

72,975

-

Retained earnings

3,249,709

2,291,338

SHAREHOLDERS' FUNDS

3,322,784

2,291,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 29 November 2025 and were signed on its behalf by:

J B Brown - Director

1.	STATUTORY INFORMATION

2B DMC UK 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of destination management services, excluding Value Added Tax.

Turnover is recognised in the period the services are provided.

Tangible fixed assets

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

Plant and machinery etc

-

33.33% on cost and 25% on cost

Taxation and deferred 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 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.

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 19 (2023 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 December 2023

and 30 November 2024

5,885

AMORTISATION

At 1 December 2023

and 30 November 2024

5,885

NET BOOK VALUE

At 30 November 2024

-

At 30 November 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2023

66,479

Additions

12,993

At 30 November 2024

79,472

DEPRECIATION

At 1 December 2023

44,609

Charge for year

9,276

At 30 November 2024

53,885

NET BOOK VALUE

At 30 November 2024

25,587

At 30 November 2023

21,870

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

1,500,000

Disposals

(1,513

)

Revaluations

74,533

At 30 November 2024

1,573,020

NET BOOK VALUE

At 30 November 2024

1,573,020

Cost or valuation at 30 November 2024 is represented by:

Other

investments

£

Valuation in 2025

74,533

Cost

1,498,487

1,573,020

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

Trade debtors

504,677

303,139

Other debtors

1,870,667

948,241

2,375,344

1,251,380

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

Trade creditors

366,907

661,139

Taxation and social security

525,931

748,896

Other creditors

5,935,292

1,328,118

6,828,130

2,738,153

9.	PROVISIONS FOR LIABILITIES

30.11.24

30.11.23

£

Deferred tax

6,439

5,510

Deferred

tax

£

Balance at 1 December 2023

5,510

Provided during year

929

Balance at 30 November 2024

6,439

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.24

30.11.23

value:

£

100

Ordinary

£1

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24

30.11.23

£

Director

Balance outstanding at start of year

202,021

28,457

Amounts advanced

316,230

474,564

Amounts repaid

(500,000

)

(301,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

18,251

202,021

Director

Balance outstanding at start of year

202,021

28,457

Amounts advanced

316,230

474,564

Amounts repaid

(500,000

)

(301,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

18,251

202,021