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Company Registration No. 8065255 (England and Wales)
DSP CONSTRUCTION LTD Unaudited accounts for the year ended 31 May 2023
DSP CONSTRUCTION LTD Unaudited accounts Contents
Page
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DSP CONSTRUCTION LTD Company Information for the year ended 31 May 2023
Director
Mr S DEVARAJAH
Company Number
8065255 (England and Wales)
Registered Office
209 The Heights Northolt Middlesex UB5 4BX England
Accountants
IRTS Business Solutions Limited 209 The Heights Northolt Middlesex UB5 4BX
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DSP CONSTRUCTION LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,504 
9,380 
Current assets
Debtors
145,038 
133,292 
Cash at bank and in hand
4,095 
6,218 
149,133 
139,510 
Creditors: amounts falling due within one year
(37,494)
(18,585)
Net current assets
111,639 
120,925 
Total assets less current liabilities
119,143 
130,305 
Creditors: amounts falling due after more than one year
(72,064)
(104,698)
Net assets
47,079 
25,607 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
46,979 
25,507 
Shareholders' funds
47,079 
25,607 
For the year ending 31 May 2023 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 12 February 2024 and were signed on its behalf by
Mr S DEVARAJAH Director Company Registration No. 8065255
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DSP CONSTRUCTION LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
DSP CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 8065255. The registered office is 209 The Heights, Northolt, Middlesex, UB5 4BX, England.
2
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.
3
Accounting policies
These financial statements for the year ended 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
42,880 
14,260 
57,140 
At 31 May 2023
42,880 
14,260 
57,140 
Depreciation
At 1 June 2022
35,876 
11,884 
47,760 
Charge for the year
1,401 
475 
1,876 
At 31 May 2023
37,277 
12,359 
49,636 
Net book value
At 31 May 2023
5,603 
1,901 
7,504 
At 31 May 2022
7,004 
2,376 
9,380 
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DSP CONSTRUCTION LTD Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,800 
Other debtors
145,038 
131,492 
145,038 
133,292 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
8,700 
991 
Loans from directors
26,274 
15,974 
Accruals
2,520 
1,620 
37,494 
18,585 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
72,064 
104,698 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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