Registration number: 01359862

D.M.& P Manheim (Peter Manheim) Ltd

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 4

D.M.& P Manheim (Peter Manheim) Ltd

Company Information

Directors

V H Manheim J M Manheim

Registered office

130 Shaftesbury Avenue London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

D.M.& P Manheim (Peter Manheim) Ltd

Statement of Financial Position as at 31 July 2025

	Note	2025 £	2024 £
Current assets
Stocks		15,894	15,894
Debtors	4	3,880	5,339
Cash at bank and in hand		15,528	16,321
		35,302	37,554
Creditors: Amounts falling due within one year	5	(48,689)	(30,653)
Net (liabilities)/assets		(13,387)	6,901
Capital and reserves
Called up share capital		200	200
Retained earnings		(13,587)	6,701
Shareholders' (deficit)/funds		(13,387)	6,901

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of D.M.& P Manheim (Peter Manheim) Ltd have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the Board on 28 April 2026 and signed on its behalf by:
 

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

V H Manheim

Director

Company registration number: 01359862

D.M.& P Manheim (Peter Manheim) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
London
W1D 5EU

The principal activity of the company is that of that of dealing in fine porcelain.

2	Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company had a deficiency of net assets of £13,387 at 31 July 2025. At that date an amounts of £43,678 was due to the directors who have agreed that they will not call for repayment until such time as the company has sufficient capital.

The company has few fixed overheads and no financial commitments. The company has stock of fine porcelain with a market value significantly in excess of cost and the directors believe it remains largely unaffected by changes in the economic environment.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of antiques in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue from the sale of porcelain works when the company transfers the risks and rewards of ownership to the customer.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	25% straight line

Stocks

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

D.M.& P Manheim (Peter Manheim) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

4

Debtors

	2025 £	2024 £
Other debtors	3,880	5,339
	3,880	5,339

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	404	3,500
Accruals and deferred income	3,648	3,475
Other creditors	44,637	23,678
	48,689	30,653