Dcm Corp Limited

Contents
	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 14540834

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		758,659		309,826
Tangible Assets	5		1,231		2,461

			759,890		312,287
CURRENT ASSETS
Debtors	6	1,909		-
Cash at bank and in hand		58,667		25,675

		60,576		25,675
Creditors: Amounts Falling Due Within One Year	7	(423,722 )		(3,000 )

NET CURRENT ASSETS (LIABILITIES)			(363,146 )		22,675

TOTAL ASSETS LESS CURRENT LIABILITIES			396,744		334,962

NET ASSETS			396,744		334,962

CAPITAL AND RESERVES
Called up share capital	8		789,927		471,050
Profit and Loss Account			(393,183 )		(136,088 )

SHAREHOLDERS' FUNDS			396,744		334,962

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Maryna Virko

Director

29/12/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Dcm Corp Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14540834 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are web site costs. It is amortised to profit and loss account over its estimated economic life of five. years.

2.4. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to profit and loss account. on a straight line basis over their expected useful economic lives, which over a period of five years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

On a straight line basis over three years

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Intangible Assets

	Other	Development Costs	Total
	£	£	£
Cost
As at 1 January 2024	4,209	307,020	311,229
Additions	-	450,236	450,236

As at 31 December 2024	4,209	757,256	761,465

Amortisation
As at 1 January 2024	1,403	-	1,403
Provided during the period	1,403	-	1,403

As at 31 December 2024	2,806	-	2,806

...CONTINUED

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Dcm Corp Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	1,403	757,256	758,659

As at 1 January 2024	2,806	307,020	309,826

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2024	3,691

As at 31 December 2024	3,691

Depreciation
As at 1 January 2024	1,230
Provided during the period	1,230

As at 31 December 2024	2,460

Net Book Value
As at 31 December 2024	1,231

As at 1 January 2024	2,461

6. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
VAT	1,909	-

	1,909	-

7. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Other loans	398,724	-
Accruals and deferred income	24,998	3,000

	423,722	3,000

Included in creditors is a liability of US$500,000 (£398,724) being part of an unsecured convertible promissory note totaling US$1,000,000 which bears interest at the rate of 12% per annum on a cumulative daily basis.As at the balance sheet date, no option to convert the outstanding loan and accrued interest had yet been exercised.

8. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	789,927	471,050

The company was created on 14 December 2022 with an authorised share capital of €1,000,000 (£859,697) of which €918,843 (£789,927) has been allotted, called up and paid up at the balance sheet date.

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Dcm Corp Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Ultimate Controlling Party

The company's ultimate controlling party is Digital Vision Group Ltd by virtue of there ownership of 80% of the issued share capital in the company.

10. Financial Facility

Under the terms of a revolving credit facility between the company and its parent company Digital Vision Group Ltd, dated 21 December 2023, the parent has extended a credit facility of US$500,000 bearing an interest rate of 3% per annum calculated on a daily basis. The company may draw on the facility in whole or in part as and when required and the facility shall be available until the earlier of the 21 December 2026 or such time that the company no longer requires the facility. As at the balance sheet date, no amounts had been drawn down under the facility.

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