Company Registration No. NI068961 (Northern Ireland)
DH Exchange Ltd
Unaudited accounts
for the year ended 31 August 2025
DH Exchange Ltd
Unaudited accounts
Contents
DH Exchange Ltd
Company Information
for the year ended 31 August 2025
Company Number
NI068961 (Northern Ireland)
Registered Office
72 FRYS ROAD
BALLYMENA
ANTRIM
BT43 7DA
Accountants
Kevin & Margaret Duffin T/A KMD Accountancy
Ardmalin
15 Inishowen Park
Portstewart
Londonderry
BT55 7BQ
DH Exchange Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
9,987
12,484
Cash at bank and in hand
47,256
49,496
Creditors: amounts falling due within one year
(60,366)
(48,091)
Net current assets
34,676
37,905
Total assets less current liabilities
44,663
50,389
Creditors: amounts falling due after more than one year
(20,000)
(28,550)
Called up share capital
100
100
Profit and loss account
24,563
21,739
Shareholders' funds
24,663
21,839
For the year ending 31 August 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 May 2026 and were signed on its behalf by
Desmond Higgins
Director
Company Registration No. NI068961
DH Exchange Ltd
Notes to the Accounts
for the year ended 31 August 2025
DH Exchange Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI068961. The registered office is 72 FRYS ROAD, BALLYMENA, ANTRIM, BT43 7DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2024
22,820
64,751
87,571
At 31 August 2025
22,820
64,751
87,571
At 1 September 2024
20,860
54,227
75,087
Charge for the year
392
2,105
2,497
At 31 August 2025
21,252
56,332
77,584
At 31 August 2025
1,568
8,419
9,987
At 31 August 2024
1,960
10,524
12,484
DH Exchange Ltd
Notes to the Accounts
for the year ended 31 August 2025
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
26,544
24,055
Taxes and social security
8,227
7,888
Loans from directors
9,750
1,477
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
20,000
20,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 8 (2024: 7).