Registration number: 11025917

DMP1 Ltd

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 9

DMP1 Ltd

Company Information

Director	C L Osmond

Company secretary

N C Osmond

Registered office

Chesil House Dorset Innovation Park Winfrith Newburgh Wool Dorset DT2 8ZB

Accountants

Kennedy Legg Stafford House 10 Prince Of Wales Road Dorchester Dorset DT1 1PW

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
DMP1 Ltd
for the Year Ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DMP1 Ltd for the year ended 31 October 2025 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of DMP1 Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of DMP1 Ltd and state those matters that we have agreed to state to the Board of Directors of DMP1 Ltd.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DMP1 Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that DMP1 Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of DMP1 Ltd. You consider that DMP1 Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of DMP1 Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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

Kennedy Legg
 
Stafford House
10 Prince Of Wales Road
Dorchester
Dorset
DT1 1PW

14 July 2026

DMP1 Ltd

(Registration number: 11025917)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	15,415	16,817
Current assets
Debtors	5	686	1,435
Cash at bank and in hand		2,432	1,836
		3,118	3,271
Creditors: Amounts falling due within one year	6	(4,799)	(7,580)
Net current liabilities		(1,681)	(4,309)
Total assets less current liabilities		13,734	12,508
Creditors: Amounts falling due after more than one year	6	(5,694)	(7,148)
Net assets		8,040	5,360
Capital and reserves
Called up share capital	7	2	2
Retained earnings		8,038	5,358
Shareholders' funds		8,040	5,360

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

Director's 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 director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

DMP1 Ltd

(Registration number: 11025917)
Balance Sheet as at 31 October 2025

Approved and authorised by the director on 14 July 2026
 

......................................... C L Osmond Director

DMP1 Ltd

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

1	General information

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

The address of its registered office is:
Chesil House
Dorset Innovation Park
Winfrith Newburgh
Wool
Dorset
DT2 8ZB

These financial statements were authorised for issue by the director on 14 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services 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 when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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:

DMP1 Ltd

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

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance
Office equipment	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

DMP1 Ltd

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

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 November 2024	32,569	9,398	41,967
Additions	1,000	1,666	2,666
Disposals	-	(1,831)	(1,831)
At 31 October 2025	33,569	9,233	42,802
Depreciation
At 1 November 2024	19,269	5,881	25,150
Charge for the year	2,860	803	3,663
Eliminated on disposal	-	(1,426)	(1,426)
At 31 October 2025	22,129	5,258	27,387
Carrying amount
At 31 October 2025	11,440	3,975	15,415
At 31 October 2024	13,300	3,517	16,817

5

Debtors

Current	2025 £	2024 £
Trade debtors	-	540
Prepayments	-	208
Other debtors	686	687
	686	1,435

DMP1 Ltd

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

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	1,454	1,454
Trade creditors		-	695
Taxation and social security		370	1,413
Accruals and deferred income		960	925
Other creditors		2,015	3,093
		4,799	7,580

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	5,694	7,148

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
ordinary share of £1 each	2	2	2	2

DMP1 Ltd

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

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	5,694	7,148

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,454	1,454