D2 INVESTMENTS LIMITED


Directors	GILLBANKS, Daniel Alexander
	KELLY, Daniel James
	SCOWCROFT, David Brian Malcolm


Registered Address	The Casartelli Building
	18 Hanover Street
	Liverpool
	L1 4AA


Registered Number	10797889 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		2,003		1,003
			2,003		1,003
Current assets
Debtors	4	2,296,183		2,347,874
Cash at bank and on hand		20,120		21,062
		2,316,303		2,368,936
Creditors amounts falling due within one year	5	(2,331,720)		(2,378,624)
Net current assets (liabilities)			(15,417)		(9,688)
Total assets less current liabilities			(13,414)		(8,685)
Net assets			(13,414)		(8,685)
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			(14,414)		(9,685)
Shareholders' funds			(13,414)		(8,685)

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 26 May 2026, and are signed on its behalf by:

KELLY, Daniel James
Director
Registered Company No. 10797889

D2 INVESTMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 December 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.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At the balance sheet date the company's balance sheet was overdrawn showing a net deficit. The major creditors of the company are Bacard Holdings Limited and Monopol Holdings Limited. These companies have confirmed that they will not demand repayment of these loans if it would prejudice the payment of external creditors. For this reason the company continues to adopt the going concern basis for these financial statements

Going concern

At the balance sheet date the company's balance sheet was overdrawn showing a net deficit. The major creditors of the company are Bacard Holdings Limited and Monopol Holdings Limited. These companies have confirmed that they will not demand repayment of these loans if it would prejudice the payment of external creditors. For this reason the company continues to adopt the going concern basis for these financial statements

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	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.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 25	1,003	1,003
Additions	1,000	1,000
At 31 December 25	2,003	2,003
Net book value
At 31 December 25	2,003	2,003
At 31 December 24	1,003	1,003

	Notes
	¹Investments in group undertakings and participating interests

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by group undertakings	2,296,183	2,347,874
Total	2,296,183	2,347,874

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	2,328,402	2,375,552
Accrued liabilities and deferred income	3,318	3,072
Total	2,331,720	2,378,624

6.	Parent-subsidiary relationships
	The company, and the group headed by it, qualify as a small group and as such the parent and the group are exempt from producing group accounts.