Demma Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11663659 (England and Wales)

Financial Statements

for the Period 6th November 2018 to 31st January 2020

for

DEMMA LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D P Connell

G A Poulton

Mrs K Y Poulton

REGISTERED OFFICE:

37-38 The Green

Birmingham

B36 9AL

REGISTERED NUMBER:

11663659 (England and Wales)

AUDITORS:

M.T.Manley & Co Limited

696 Yardley Wood Road

Billesley

Birmingham

West Midlands

B13 0HY

CURRENT ASSETS

Debtors

4

300

Cash at bank

50,000

50,300

CREDITORS

Amounts falling due within one year

5

50,000

NET CURRENT ASSETS

300

TOTAL ASSETS LESS CURRENT LIABILITIES

300

CAPITAL AND RESERVES

Called up share capital

6

300

SHAREHOLDERS' FUNDS

300

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 Board of Directors and authorised for issue on 18th November 2020 and were signed on its behalf by:

D P Connell - Director

G A Poulton - Director

1.	STATUTORY INFORMATION

Demma 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

300

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

50,000

Included in amounts owed to group undertakings are inter company creditors which include amounts due to :

Demma Group Ltd

50,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary A

£1

100

100

Ordinary B

£1

100

100

Ordinary C

£1

100

300

The following shares were allotted and fully paid for cash at par during the period:

100 Ordinary A shares of £1 each

100 Ordinary B shares of £1 each

100 Ordinary C shares of £1 each

The ordinary A shares of £1 each,the ordinary B shares of £1 each and ordinary C shares of £1 each all have voting rights,right to receive dividends and participate in capital distributions on a winding up. A dividend can be paid on one class of share irrespective of the classes of shares.

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Graham Collins (Senior Statutory Auditor)

for and on behalf of M.T.Manley & Co Limited

8.	ULTIMATE CONTROLLING PARTY

There is no overall controlling party.