Dam Group Uk Property (St Margaret'S) Li - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 13093771 (England and Wales)

Unaudited Financial Statements

for the Period 21 December 2020 to 31 December 2021

for

Dam Group Uk Property (St Margaret'S)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Kevin David Dryhurst

REGISTERED OFFICE:

Suite 4102 Charlotte House Queens Dock B

Norfolk Street

Liverpool

United Kingdom

L1 0BG

REGISTERED NUMBER:

13093771 (England and Wales)

ACCOUNTANTS:

DBS Corporate Accountants

Suite 4102, Charlotte House

Queens Dock Business Centre

67-83 Norfolk Street

Liverpool

Merseyside

L1 0BG

FIXED ASSETS

Tangible assets

4

905,889

CREDITORS

Amounts falling due within one year

5

933,126

NET CURRENT LIABILITIES

(933,126

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,237

)

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

(28,237

)

(27,237

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2021 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 14 December 2022 and were signed by:

Mr Kevin David Dryhurst - Director

1.	STATUTORY INFORMATION

Dam Group Uk Property (St Margaret'S) 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.

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.

Tangible fixed assets

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

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 NIL.

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

Additions

905,889

At 31 December 2021

905,889

NET BOOK VALUE

At 31 December 2021

905,889

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

632,126

Other creditors

301,000

933,126

6.	GOING CONCERN

The director states that the accounts have been prepared on the going concern basis. The directors and associated companies have funded the business during its initial accounting period; during which the company has incurred a number of one-off costs. This will continue to be the case until such a point as the company begins to trade.