IRIS Accounts Production v23.3.1.45 08564883 Board of Directors Board of Directors 1.7.22 30.6.23 30.6.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085648832022-06-30085648832023-06-30085648832022-07-012023-06-30085648832021-06-30085648832021-07-012022-06-30085648832022-06-3008564883ns10:Originalns15:EnglandWales2022-07-012023-06-3008564883ns14:PoundSterlingns10:Original2022-07-012023-06-3008564883ns10:Originalns10:Director12022-07-012023-06-3008564883ns10:Original2022-07-012023-06-3008564883ns10:Originalns10:Director22022-07-012023-06-3008564883ns10:Original2023-06-3008564883ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3008564883ns10:Originalns10:SmallEntities2022-07-012023-06-3008564883ns10:Originalns10:AuditExemptWithAccountantsReport2022-07-012023-06-3008564883ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3008564883ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3008564883ns10:Originalns10:FullAccounts2022-07-012023-06-3008564883ns10:Original12022-07-012023-06-3008564883ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3008564883ns10:Originalns10:RegisteredOffice2022-07-012023-06-3008564883ns10:Original2022-06-3008564883ns10:Originalns5:CurrentFinancialInstruments2023-06-3008564883ns10:Originalns5:CurrentFinancialInstruments2022-06-3008564883ns5:ShareCapitalns10:Original2023-06-3008564883ns5:ShareCapitalns10:Original2022-06-3008564883ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3008564883ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3008564883ns10:Originalns5:NetGoodwill2022-07-012023-06-3008564883ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-07-012023-06-3008564883ns10:Originalns5:FurnitureFittings2022-07-012023-06-3008564883ns10:Original2021-07-012022-06-3008564883ns10:Originalns5:NetGoodwill2022-06-3008564883ns10:Originalns5:NetGoodwill2023-06-3008564883ns10:Originalns5:NetGoodwill2022-06-3008564883ns10:Originalns5:FurnitureFittings2022-06-3008564883ns10:Originalns5:FurnitureFittings2023-06-3008564883ns10:Originalns5:FurnitureFittings2022-06-3008564883ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3008564883ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3008564883ns10:Originalns5:DeferredTaxation2022-06-3008564883ns10:Originalns5:DeferredTaxation2023-06-3008564883ns10:Originalns10:OrdinaryShareClass12023-06-3008564883ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3008564883ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-012023-06-30
REGISTERED NUMBER: 08564883 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD

DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD (REGISTERED NUMBER: 08564883)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: T P J Warom
Mrs C J Warom





REGISTERED OFFICE: Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD





REGISTERED NUMBER: 08564883 (England and Wales)





ACCOUNTANTS: Crowfoot & Co Accountants Ltd
Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD

DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD (REGISTERED NUMBER: 08564883)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 465
- 465

CURRENT ASSETS
Debtors 6 2,048 -
Cash at bank 43,266 46,765
45,314 46,765
CREDITORS
Amounts falling due within one year 7 4,480 12,036
NET CURRENT ASSETS 40,834 34,729
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,834

35,194

PROVISIONS FOR LIABILITIES 8 75 88
NET ASSETS 40,759 35,106

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 40,659 35,006
SHAREHOLDERS' FUNDS 40,759 35,106

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD (REGISTERED NUMBER: 08564883)

BALANCE SHEET - continued
30 JUNE 2023


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 14 November 2023 and were signed on its behalf by:




Mrs C J Warom - Director



T P J Warom - Director


DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD (REGISTERED NUMBER: 08564883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Development & Project Services (Southern) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of three years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 15% on reducing balance

Taxation
Taxation for the year 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 year 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 year was 2 (2022 - 2 ) .

DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD (REGISTERED NUMBER: 08564883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 10,000
AMORTISATION
At 1 July 2022
and 30 June 2023 10,000
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 July 2022 2,000
Disposals (2,000 )
At 30 June 2023 -
DEPRECIATION
At 1 July 2022 1,535
Charge for year 70
Eliminated on disposal (1,605 )
At 30 June 2023 -
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 465

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,048 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 2,680 3,916
Other creditors 1,800 8,120
4,480 12,036

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Deferred tax 88 104
Movement in year (13 ) (16 )
75 88

DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD (REGISTERED NUMBER: 08564883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2022 88
Movement in year (13 )
Balance at 30 June 2023 75

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 July 2022 35,006
Profit for the year 9,653
Dividends (4,000 )
At 30 June 2023 40,659

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 30 June 2023, an amount of £2,048 (2022 £8,120) was due from/to the directors' which amount is included within debtors/creditors on the balance sheet.

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr T P J and Mrs C J Warom.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DEVELOPMENT & PROJECT SERVICES
(SOUTHERN) LTD

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 Income Statement 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 Development & Project Services (Southern) Ltd for the year ended 30 June 2023 which comprise the Income Statement, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Development & Project Services (Southern) 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 Development & Project Services (Southern) Ltd and state those matters that we have agreed to state to the Board of Directors of Development & Project Services (Southern) Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Development & Project Services (Southern) 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 profit of Development & Project Services (Southern) Ltd. You consider that Development & Project Services (Southern) 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 Development & Project Services (Southern) 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.






Crowfoot & Co Accountants Ltd
Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD


14 November 2023