DAMAX LIMITED


Directors	WARD, Robin
	WARD, Sharon


Company Secretary	WARD, Sharon


Registered Address	Whiteleaf Business Centre
	11 Little Balmer
	Buckingham
	MK18 1TF


Registered Number	02530526 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		19,589		17,235
			19,589		17,235
Current assets
Stocks	4	37,005		54,310
Debtors		31,194		6,875
Cash at bank and on hand		-		22,208
		68,199		83,393
Creditors amounts falling due within one year	5	(44,287)		(55,973)
Net current assets (liabilities)			23,912		27,420
Total assets less current liabilities			43,501		44,655
Creditors amounts falling due after one year	6		-		(1,666)
Provisions for liabilities	7		(3,722)		(3,275)
Net assets			39,779		39,714
Capital and reserves
Called up share capital			203		203
Profit and loss account			39,576		39,511
Shareholders' funds			39,779		39,714

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 April 2026, and are signed on its behalf by:

WARD, Sharon
Director
Registered Company No. 02530526

DAMAX LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Office Equipment	33

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 October 24	4,540	66,072	1,574	72,186
Additions	-	8,500	-	8,500
At 30 September 25	4,540	74,572	1,574	80,686
Depreciation and impairment
At 01 October 24	4,540	49,667	744	54,951
Charge for year	-	5,872	274	6,146
At 30 September 25	4,540	55,539	1,018	61,097
Net book value
At 30 September 25	-	19,033	556	19,589
At 30 September 24	-	16,405	830	17,235

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	32,000	42,000
Work in progress	5,005	12,310
Total	37,005	54,310

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	15,092	9,397
Bank borrowings and overdrafts	5,364	2,000
Taxation and social security	12,629	18,672
Other creditors	8,064	17,125
Accrued liabilities and deferred income	3,138	8,779
Total	44,287	55,973


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	1,666
Total	-	1,666

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	3,722	3,275
Total	3,722	3,275