DBM CONTROL SYSTEMS LIMITED

Company Registration Number:
NI673752 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

DBM CONTROL SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

DBM CONTROL SYSTEMS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

14 months to 31 December 2022


£

£
Fixed assets
Tangible assets: 3 271,542 59,338
Total fixed assets: 271,542 59,338
Current assets
Stocks: 67,000 49,880
Debtors:   564,002 425,437
Cash at bank and in hand: 156,618 22,894
Total current assets: 787,620 498,211
Creditors: amounts falling due within one year:   (398,654) (231,784)
Net current assets (liabilities): 388,966 266,427
Total assets less current liabilities: 660,508 325,765
Creditors: amounts falling due after more than one year:   (99,551) (4,543)
Total net assets (liabilities): 560,957 321,222
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 560,857 321,122
Shareholders funds: 560,957 321,222

The notes form part of these financial statements

DBM CONTROL SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 December 2023 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 24 June 2024
and signed on behalf of the board by:

Name: Mr R Lennox
Status: Director

The notes form part of these financial statements

DBM CONTROL SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

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 is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

DBM CONTROL SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 14 months to 31 December 2022
Average number of employees during the period 10 10

DBM CONTROL SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 65,308
Additions 262,775
Disposals (15,000)
At 31 December 2023 313,083
Depreciation
At 01 January 2023 5,970
Charge for year 35,821
On disposals (250)
At 31 December 2023 41,541
Net book value
At 31 December 2023 271,542
At 31 December 2022 59,338