REGISTERED NUMBER: 15614066 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 3 APRIL 2024 TO 30 APRIL 2025

FOR

DMGH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D Kyte

A Leaman

D Michael

R N Bishop

REGISTERED OFFICE:

Old Police Station

1069 Finchley Road

London

NW11 0PU

REGISTERED NUMBER:

15614066 (England and Wales)

ACCOUNTANTS:

MGR Weston Kay LLP

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

CURRENT ASSETS

Stocks

4

1,923,002

Debtors

5

5,417

Cash at bank

44,874

1,973,293

CREDITORS

Amounts falling due within one year

6

(1,236,844

)

NET CURRENT ASSETS

736,449

TOTAL ASSETS LESS CURRENT LIABILITIES

736,449

CREDITORS

Amounts falling due after more than one year

7

(784,337

)

NET LIABILITIES

(47,888

)

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

(47,889

)

SHAREHOLDERS' FUNDS

(47,888

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2025 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 9 December 2025 and were signed on its behalf by:

M D Kyte - Director

1.	STATUTORY INFORMATION

DMGH Limited is a private company limited by shares incorporated in England and Wales. The

registered office is Old Police Station, 1069 Finchley Road, London, England, NW11 0PU.

2.	ACCOUNTING POLICIES

Accounting convention

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary

amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting

policies adopted are set out below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The directors have confirmed that they will continue to make funds available in order to ensure that the company can meet its day to day liabilities as they fall due.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.

STOCKS

£

Work-in-progress

1,923,002

During the year £122,053 of interest costs directly attributable to the financing of the work in

progress held were capitalised, this included a loan from a related party with an interest rate of 10% and a bank loan with an interest rate of BOE base rate + 5%. The total capitalised interest at 30 April 2025 was £122,053.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

5,417

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

7,924

Amounts owed to participating interests

1,029,205

Other creditors

199,715

1,236,844

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans (see note 8)

784,337

8.

LOANS

An analysis of the maturity of loans is given below:

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

784,337

The bank loan is secured by fixed and floating charges over the company’s assets. Interest is accruing at BOE base rate + 5%.

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

value:

£

100

Share capital 1

0.01

1