DCS FINANCIAL SERVICES LTD

Company Registration Number:
03538687 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

DCS FINANCIAL SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

DCS FINANCIAL SERVICES LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 9,015 9,672
Total fixed assets: 9,015 9,672
Current assets
Stocks: 3,000 3,500
Debtors:   2,650 2,800
Cash at bank and in hand: 9,418 9,174
Total current assets: 15,068 15,474
Creditors: amounts falling due within one year:   (10,915) (12,660)
Net current assets (liabilities): 4,153 2,814
Total assets less current liabilities: 13,168 12,486
Total net assets (liabilities): 13,168 12,486
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 13,167 12,485
Shareholders funds: 13,168 12,486

The notes form part of these financial statements

DCS FINANCIAL SERVICES LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: D Smith
Status: Director

The notes form part of these financial statements

DCS FINANCIAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents total invoiced sales. The business is not VAT registered.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation.Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life.No depreciation is charged in the year of acquisition.Fixtures & Fittings - 25% Straight Line

Valuation and information policy

Work in Progress is valued at the prime cost of labour and materials plus other direct expenses.

DCS FINANCIAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 3 4

DCS FINANCIAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 27,980
Additions 1,761
At 31 December 2022 29,741
Depreciation
At 01 January 2022 18,308
Charge for year 2,418
At 31 December 2022 20,726
Net book value
At 31 December 2022 9,015
At 31 December 2021 9,672