ACCOUNTS - Final Accounts preparation

Registered number: 08019501

DMD VENTURES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2021

DMD VENTURES LIMITED

REGISTERED NUMBER: 08019501

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2021

		2021		2020
Note		£		£

Fixed assets
Investments	3		3		3
Current assets
Debtors: amounts falling due within one year	4	4,638,990		27,500
Cash at bank and in hand	5	190		348,074
		4,639,180		375,574
Creditors: amounts falling due within one year	6	(1,043,051)		(363,051)
Total assets less current liabilities			3,596,132		12,526

Net assets			3,596,132		12,526

Capital and reserves
Called up share capital	83,088	84,208
Share premium account	19,046,382	15,418,355
Capital redemption reserve	132	132
Profit and loss account	(15,533,470)	(15,490,169)
	3,596,132	12,526

Page 1

DMD VENTURES LIMITED

REGISTERED NUMBER: 08019501

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2021

For the year ended 30 April 2021 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Nicholas James Fallows

Director

Date: 16 December 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

DMD VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2021

1.	General information

DMD Ventures Limited (the Company) is a private company limited by shares, registered in the UK. The address of the registered office is 25 Hanover Square, London, W1S 1JF.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. 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.

2.2

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 May 2020	3
	At 30 April 2021	3

Page 3

DMD VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2021

Debtors

					2021	2020
					£	£


Amounts owed by group undertakings	4,638,990	27,500

5.	Cash and cash equivalents
		2021	2020
		£	£

	Cash at bank and in hand	190	348,074

6.	Creditors: Amounts falling due within one year
		2021	2020
		£	£

Debenture loans	905,000	-
Other creditors	138,051	363,051
	1,043,051	363,051

Page 4