REGISTERED NUMBER: 12270857 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

D Monitoring UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P I Salah

SECRETARY:

Pramex International Ltd

REGISTERED OFFICE:

11 Old Jewry

London

EC2R 8DU

REGISTERED NUMBER:

12270857 (England and Wales)

AUDITORS:

Baker Tilly Ireland Audit Limited

Chartered Certified Accountants and

Statutory Auditor

9 Exchange Place

International Financial Services Centre

Dublin

Ireland

D01 X8H2

BANKERS:

HSBC

Unit 8

Canada Square

London

E14 5AH

OTHER BANKING PLATFORMS:

- Spendesk

- Tipalti

- Stripe

FIXED ASSETS

Tangible assets

4

28,274

46,557

CURRENT ASSETS

Stocks

190,309

152,275

Debtors

5

923,939

755,582

Cash at bank

197,754

752,096

1,312,002

1,659,953

CREDITORS

Amounts falling due within one year

6

835,243

1,259,478

NET CURRENT ASSETS

476,759

400,475

TOTAL ASSETS LESS CURRENT LIABILITIES

505,033

447,032

PROVISIONS FOR LIABILITIES

-

115,000

NET ASSETS

505,033

332,032

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

504,033

331,032

SHAREHOLDERS' FUNDS

505,033

332,032

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 23 December 2025 and were signed by:

P I Salah - Director

1.	STATUTORY INFORMATION

D Monitoring UK Limited 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 functional currency and 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.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of these financial statements requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses.

Judgements and estimates are continually evaluated and are based on historical experiences and other factors, including expectation of future events that are believed to be reasonable under the circumstances.

The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results.

There are currently no estimates or assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover represents amounts receivable, under contracts for the sale of goods and services, net of Value Added Tax. Turnover is recognised to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets

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

IT equipment - 33% on cost

Fixture and Fittings - 33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employees benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Trade and other creditors

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

Trade and other debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, including of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Ordinary share capital

The ordinary share capital of the company is presented as equity..

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

40,634

57,948

98,582

Additions

1,227

2,498

3,725

Disposals

-

(1,614

)

(1,614

)

At 31 December 2024

41,861

58,832

100,693

DEPRECIATION

At 1 January 2024

12,868

39,157

52,025

Charge for year

8,188

13,462

21,650

Eliminated on disposal

-

(1,256

)

(1,256

)

At 31 December 2024

21,056

51,363

72,419

NET BOOK VALUE

At 31 December 2024

20,805

7,469

28,274

At 31 December 2023

27,766

18,791

46,557

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

749,274

642,490

Other debtors

104,383

41,133

Prepayments

70,282

71,959

923,939

755,582

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

-

3

Amounts owed to group undertakings

103,795

636,598

Corporation Tax

80,708

9,899

Social security and other taxes

43,158

50,783

VAT

140,150

131,037

Other creditors

4,166

4,774

Accruals

350,046

387,230

Deferred income

113,220

39,154

835,243

1,259,478

Trade and other creditors are payable at various dates over the coming months in accordance with the suppliers usual customary credit terms.

Taxation and other taxes including social insurance are repayable at various dates over the coming months in accordance with the applicable statutory provisions.

The terms of the accruals are based on underlying contracts.

Amounts owed to group companies are unsecured, interest free and repayable on demand.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,000

Ordinary

1

1,000

1,000

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Aidan Scollard (Senior Statutory Auditor)

for and on behalf of Baker Tilly Ireland Audit Limited

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE CONTROLLING PARTY

The direct parent company is Dental Monitoring SAS a company incorporated in France. Its registered office is at 47 avenue Hoche, 75008 Paris, France.

The ultimate controlling party is William Ayache.

11.	CAPITAL COMMITMENTS

The company had no material capital commitments at the financial year ended 31 December 2024.

12.	EVENTS AFTER THE END OF THE REPORTING PERIOD

There have been no significant events affecting the company since the financial year end.

13.	APPROVAL OF FINANCIAL STATEMENTS

The board of directors approved these financial statements for issue on ____________.