Dominic Malone Limited

Dominic Malone Limited
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	0	118,921
		0	118,921
Current assets
Debtors	4	588,337	88,088
Cash at bank and in hand		164,341	46,889
		752,678	134,977
Creditors: amount falling due within one year	5	(133,790)	(90,023)
Net current assets		618,888	44,954

Total assets less current liabilities		618,888	163,875
Creditors: amount falling due after more than one year	6	(24,722)	(51,389)
Net assets		594,166	112,486

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		594,066	112,386
Shareholders' funds		594,166	112,486

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 05 August 2025 and were signed by:

-------------------------------
Dr D K Malone
Director

Dominic Malone Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Dominic Malone Limited is a private company, limited by shares, registered in England and Wales, registration number 07311839, registration address Welshmill Dental Practice, Welshmill Road, Frome, BA11 2LA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.

2.	Average number of employees Average number of employees during the year was 4 (2024 : 10).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2024	339,773	339,773
Additions	-	-
Disposals	(339,773)	(339,773)
At 31 March 2025	-	-
Amortisation
At 01 April 2024	220,852	220,852
Charge for year	-	-
On disposals	(220,852)	(220,852)
At 31 March 2025	-	-
Net book values
At 31 March 2025	-	-
At 31 March 2024	118,921	118,921

Debtors: amounts falling due within one year

	2025 £	2024 £
Prepayments & Accrued Income	8,337	1,088
Director: Dr D K Malone	580,000	87,000
	588,337	88,088

Creditors: amount falling due within one year

	2025 £	2024 £
Bank Loans & Overdrafts	26,667	26,667
Corporation Tax	104,308	60,626
Accrued Expenses	2,815	2,730
	133,790	90,023

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	24,722		51,389
	24,722		51,389

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Ordinary shares of £1.00 each	100		100
	100		100

Advances and Credits

Directors' transactions
Advances, due within one year, have been granted by the company to its directors as follows:

Current year (2025)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Directors' transactions	87,000		580,000		8,337		95,337		0		0		580,000
	87000		580000		8337		95337		0		0		580000

Previous year (2024)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Directors' transactions	0		87,000		1,088		1,088		0		0		87,000
	0		87000		1088		1088		0		0		87000

Registered Number: 07311839
England and Wales
DOMINIC MALONE LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025