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REGISTERED NUMBER: 09604457 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

D&S GROUP LIMITED

D&S GROUP LIMITED (REGISTERED NUMBER: 09604457)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


D&S GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: N E Stern





REGISTERED OFFICE: 19A Belfast Road
London
N16 6UN





REGISTERED NUMBER: 09604457 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

D&S GROUP LIMITED (REGISTERED NUMBER: 09604457)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Investment property 4 320,000 320,000

CURRENT ASSETS
Debtors 5 46,446 46,134
Cash at bank and in hand 174 1,613
46,620 47,747
CREDITORS
Amounts falling due within one year 6 (139,117 ) (125,133 )
NET CURRENT LIABILITIES (92,497 ) (77,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,503

242,614

CREDITORS
Amounts falling due after more than one
year

7

(283,000

)

(289,946

)

PROVISIONS FOR LIABILITIES (4,611 ) (4,611 )
NET LIABILITIES (60,108 ) (51,943 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 24,269 24,269
Retained earnings 10 (84,477 ) (76,312 )
SHAREHOLDERS' FUNDS (60,108 ) (51,943 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

D&S GROUP LIMITED (REGISTERED NUMBER: 09604457)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 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 director and authorised for issue on 20 February 2024 and were signed by:





N E Stern - Director


D&S GROUP LIMITED (REGISTERED NUMBER: 09604457)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

D&S Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 320,000
NET BOOK VALUE
At 31 May 2023 320,000
At 31 May 2022 320,000

The director has confirmed that there is no significant increase or decrease in the property market value.

D&S GROUP LIMITED (REGISTERED NUMBER: 09604457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 1,446 1,134
Other debtors 45,000 45,000
46,446 46,134

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other creditors 139,117 125,133

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 250,594 250,594
Other creditors 32,406 39,352
283,000 289,946

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 250,594 250,594

Repayable by instalments
Other loans more 5yrs instal 32,406 39,352

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.5.22
£    £   
Bank loans 250,594 250,594
Other loans 32,406 -
283,000 250,594

1. Long term bank loan is secured by first charge over the company's investment property.

2. Under the bank loan, £32,406 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
100 Ordinary £1 100 100

D&S GROUP LIMITED (REGISTERED NUMBER: 09604457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 June 2022 (76,312 ) 24,269 (52,043 )
Deficit for the year (8,165 ) (8,165 )
At 31 May 2023 (84,477 ) 24,269 (60,208 )

11. ULTIMATE CONTROLLING PARTY

The controlling party is N E Stern.