REGISTERED NUMBER: 07173142 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

DENAMAX LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S. AREFI ESQ.

SECRETARY:

REGISTERED OFFICE:

124 CITY ROAD

LONDON

EC1V 2NX

REGISTERED NUMBER:

07173142 (England and Wales)

ACCOUNTANTS:

MALCOLM, WILSON, GILLOTT, FOWLER & CO.

CHARTERED CERTIFIED ACCOUNTANTS

SPACES, 12 HAMMERSMITH GROVE

LONDON

W6 7AP

FIXED ASSETS

Tangible assets

4

1,647

2,196

Investment property

5

281,600

281,600

283,247

283,796

CURRENT ASSETS

Debtors

6

209

-

Cash at bank

98,147

100,171

98,356

100,171

CREDITORS

Amounts falling due within one year

7

129,138

147,671

NET CURRENT LIABILITIES

(30,782

)

(47,500

)

TOTAL ASSETS LESS CURRENT LIABILITIES

252,465

236,296

PROVISIONS FOR LIABILITIES

8

412

417

NET ASSETS

252,053

235,879

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

10

251,053

234,879

SHAREHOLDERS' FUNDS

252,053

235,879

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 December 2025 and were signed by:

S. AREFI ESQ. - Director

1.	STATUTORY INFORMATION

DENAMAX LTD 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents invoiced fees receivable.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

9,944

DEPRECIATION

At 1 April 2024

7,748

Charge for year

549

At 31 March 2025

8,297

NET BOOK VALUE

At 31 March 2025

1,647

At 31 March 2024

2,196

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

281,600

NET BOOK VALUE

At 31 March 2025

281,600

At 31 March 2024

281,600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

209

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

7,328

5,856

Other creditors

121,810

141,815

129,138

147,671

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Accelerated capital allowances

412

417

Deferred

tax

£

Balance at 1 April 2024

417

Provided during year

(5

)

Balance at 31 March 2025

412

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

ORDINARY

£1

1,000

1,000

10.

RESERVES

Retained

earnings

£

At 1 April 2024

234,879

Profit for the year

30,674

Dividends

(14,500

)

At 31 March 2025

251,053

11.	RELATED PARTY DISCLOSURES

The company operates a current account with its Directors. The loan is interest free with no

fixed repayment terms and are included in other creditors. The balance owed to Mr S Arefi at the year end was £107,836 (2024 - £138,251) and the maximum balance during the year was £138,251.