Company Registration No. 10463803 (England and Wales)
DMS1 Limited
Unaudited accounts
for the year ended 30 November 2022
DMS1 Limited
Unaudited accounts
Contents
DMS1 Limited
Company Information
for the year ended 30 November 2022
Director
Mr Rajbinder Sandhu
Company Number
10463803 (England and Wales)
Registered Office
Eagle House Stonebridge Road Eagle Way
Northfleet
Gravesend
Kent
DA11 9BJ
England
DMS1 Limited
Statement of financial position
as at 30 November 2022
Tangible assets
21,466
20,962
Cash at bank and in hand
34,155
100
Creditors: amounts falling due within one year
(612,877)
(626,513)
Net current assets
56,468
38,088
Called up share capital
100
100
Profit and loss account
77,834
58,950
Shareholders' funds
77,934
59,050
For the year ending 30 November 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 November 2023 and were signed on its behalf by
Mr Rajbinder Sandhu
Director
Company Registration No. 10463803
DMS1 Limited
Notes to the Accounts
for the year ended 30 November 2022
DMS1 Limited is a private company, limited by shares, registered in England and Wales, registration number 10463803. The registered office is Eagle House Stonebridge Road Eagle Way, Northfleet, Gravesend, Kent, DA11 9BJ, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2021
39,368
2,146
41,514
At 30 November 2022
39,368
7,364
46,732
At 1 December 2021
19,411
1,141
20,552
Charge for the year
3,991
723
4,714
At 30 November 2022
23,402
1,864
25,266
At 30 November 2022
15,966
5,500
21,466
At 30 November 2021
19,957
1,005
20,962
DMS1 Limited
Notes to the Accounts
for the year ended 30 November 2022
Amounts falling due within one year
Trade debtors
513,807
662,834
Other debtors
121,383
1,667
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Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
14,156
Trade creditors
406,774
351,847
Taxes and social security
121,234
223,320
Other creditors
84,869
37,190
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Average number of employees
During the year the average number of employees was 33 (2021: 33).