Dice FM Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08905651 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

Dice FM Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

P V Hutcheon

J M Smith

C M Fallon

S L Giber

Ms A C M Watts

REGISTERED OFFICE:

98 De Beauvoir Road

London

N1 4EN

REGISTERED NUMBER:

08905651 (England and Wales)

ACCOUNTANTS:

Chapman Robinson and Moore Limited

30 Bankside Court

Stationfields

Kidlington

Oxford

OX5 1JE

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and

the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Dice FM Ltd for the year ended 31 December 2019 which comprise the Profit and Loss

Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Dice FM Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dice FM Ltd and state those matters that we have agreed to state to the Board of Directors of Dice FM Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dice FM Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dice FM Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Dice FM Ltd. You consider that Dice FM 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 financial statements of Dice FM 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 financial statements.

Chapman Robinson and Moore Limited

30 Bankside Court

Stationfields

Kidlington

Oxford

OX5 1JE

Date: .............................................

FIXED ASSETS

Tangible assets

4

236,021

113,639

Investments

5

6,750

-

242,771

113,639

CURRENT ASSETS

Debtors

6

8,711,296

795,285

Prepayments

429,037

265,467

Cash at bank

6,202,144

3,468,896

15,342,477

4,529,648

CREDITORS

Amounts falling due within one year

7

(4,567,839

)

(1,864,821

)

NET CURRENT ASSETS

10,774,638

2,664,827

TOTAL ASSETS LESS CURRENT LIABILITIES

11,017,409

2,778,466

CREDITORS

Amounts falling due after more than one year

8

(3,041

)

(8,013,655

)

NET ASSETS/(LIABILITIES)

11,014,368

(5,235,189

)

CAPITAL AND RESERVES

Called up share capital

10,277

246

Share premium

31,419,740

7,614,913

Retained earnings

(20,415,649

)

(12,850,348

)

SHAREHOLDERS' FUNDS

11,014,368

(5,235,189

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2020 and were signed on its behalf by:

P V Hutcheon - Director

1.	STATUTORY INFORMATION

Dice FM Ltd 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.

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.

Plant and machinery etc

-

33% on cost and 20% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 87 (2018 - 64 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2019

198,206

Additions

185,297

At 31 December 2019

383,503

DEPRECIATION

At 1 January 2019

84,567

Charge for year

62,915

At 31 December 2019

147,482

NET BOOK VALUE

At 31 December 2019

236,021

At 31 December 2018

113,639

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

6,750

At 31 December 2019

6,750

NET BOOK VALUE

At 31 December 2019

6,750

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/19

31/12/18

£

£

Trade debtors

2,016,816

80,626

Other debtors

6,694,480

714,659

8,711,296

795,285

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/19

31/12/18

£

£

Bank loans and overdrafts

1,329

-

Trade creditors

170,473

271,779

Taxation and social security

213,111

124,566

Other creditors

4,182,926

1,468,476

4,567,839

1,864,821

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/19

31/12/18

£

£

Trade creditors

3,041

3,041

Other creditors

-

8,010,614

3,041

8,013,655

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2019 and the

period ended 31 December 2018:

31/12/19

31/12/18

£

£

P V Hutcheon

Balance outstanding at start of year

13,050

13,050

Amounts advanced

51,451

-

Amounts repaid

(64,501

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

13,050

10.	RELATED PARTY DISCLOSURES

Loan to DICE Enterprises as at 31st December 2019 £122,101

Loan to DICE US as at 31st December 2019 £1,487,708

Loan to DICE FRI as at 31st December 2019 £789,972

Loan to DICE AUS as at 31st December 2019 £188,564

Loan to DICE SPA as at 31st December 2019 £3,181,689

Loan to DICE ITO as at 31st December 2019 £825,320

11.	ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.