REGISTERED NUMBER: 03471828 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Dammit Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J D Stapley

REGISTERED OFFICE:

Ward Mackenzie Ltd

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

REGISTERED NUMBER:

03471828 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Chartered Accountants

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

FIXED ASSETS

Tangible assets

4

-

4,880

CURRENT ASSETS

Cash at bank

21

313

CREDITORS

Amounts falling due within one year

5

(2,789

)

(4,343

)

NET CURRENT LIABILITIES

(2,768

)

(4,030

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,768

)

850

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

6

(2,770

)

848

SHAREHOLDERS' FUNDS

(2,768

)

850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2025 and were signed by:

J D Stapley - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the company in the year under review was that of delivery of music education services.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

DEFERRED TAX

Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

13,012

2,725

15,737

Disposals

(13,012

)

(2,725

)

(15,737

)

At 31 March 2025

-

-

-

DEPRECIATION

At 1 April 2024

9,499

1,358

10,857

Charge for year

702

273

975

Eliminated on disposal

(10,201

)

(1,631

)

(11,832

)

At 31 March 2025

-

-

-

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

3,513

1,367

4,880

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

337

-

Corporation tax

577

767

Social security and other tax

351

331

Directors' current accounts

93

1,868

Accrued expenses

1,431

1,377

2,789

4,343

The directors consider the carrying amounts of current liabilities approximate to their fair values.

6.

RESERVES

Retained

earnings

£

At 1 April 2024

848

Deficit for the year

(2,418

)

Dividends

(1,200

)

At 31 March 2025

(2,770

)

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J D Stapley

Balance outstanding at start of year

(1,868

)

1,175

Amounts advanced

7,875

624

Amounts repaid

(6,100

)

(3,667

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(93

)

(1,868

)

8.	RELATED PARTY DISCLOSURES

During the year dividend of £1,200 paid to director Mr J D Stapley.(Year 2024 - £750)

9.	CESSATION ACCOUNTS

The company has ceased trading on 31st March 2025 and these are the cessation accounts.