DPI Centre Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 15004525 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

DPI Centre Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

4

1,300

-

CURRENT ASSETS

Debtors

5

-

18,022

Cash at bank

2,703,764

2,631,119

2,703,764

2,649,141

CREDITORS

Amounts falling due within one year

6

98,885

65,723

NET CURRENT ASSETS

2,604,879

2,583,418

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,606,179

2,583,418

RESERVES

Restricted funds

7

2,601,341

2,583,418

Income and expenditure account

7

4,838

-

2,606,179

2,583,418

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 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 surplus or deficit 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 15 December 2025 and were signed on its behalf by:

A J B Boulton - Director

1.	STATUTORY INFORMATION

DPI Centre Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15004525

Registered office:

C/O Sedulo Office 605 Albert House

256-260 Old Street

London

EC1V 9DD

The presentation currency of the financial statements is the US Dollar ($).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Grant income

Grants which relate to revenue are recognised in income in the period the related costs are incurred by the entity for which the grant is intended to compensate. For grants which are received by the entity for compensation for expenses or losses which have already been incurred, the grant is recognised in income when it is received or receivable.

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.

Reporting period

The financial statements represent a reporting period from 1 April 2024 to 31 March 2025. Accordingly, the figures presented are not directly comparable with the prior period, which covered 8.5 months.

Investment in subsidiaries

Investment in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

$

Investment in Equidhi

1,300

-

As at the balance sheet date, DPI Centre Ltd held 100% ownership of Equidhi Digital Private Limited based in India.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

$

Other debtors

-

18,022

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

$

Trade creditors

88,370

61,251

Taxation and social security

1,850

1,324

Other creditors

8,665

3,148

98,885

65,723

7.

RESERVES

Income

and

expenditure

Restricted

account

funds

Totals

$

At 1 April 2024

-

2,583,418

Surplus for the year

4,838

Movement

-

17,923

At 31 March 2025

4,838

2,601,341

2,606,179

The organisation has received restricted grants to develop and make available health compaign management platforms to support Health Ministries in malaria-endemic countries in Africa.

As at 31 March 2025, the following amounts are recognised in relation to this grant:

Grantor

B/Fwd

Additions

Interest
Income

Expended

C/Fwd

Gates Foundation

2,583,418

1,400,000

80,649

1,959,332

2,104,735

Global Impact

400,000

7,033

91,637

315,396

Clinton Health Access
Initiative

250,475

69,265

181,210

Total

2,583,418

2,050,475

87,682

2,120,234

2,601,341