1 January 2023 false No description of principal activity Taxfiler 2024.5 11120464business:PrivateLimitedCompanyLtd2023-01-012023-12-31 111204642022-12-31 111204642023-01-012023-12-31 11120464business:AuditExemptWithAccountantsReport2023-01-012023-12-31 11120464business:AbridgedAccounts2023-01-012023-12-31 111204642023-12-31 11120464business:Director12023-01-012023-12-31 11120464business:RegisteredOffice2023-01-012023-12-31 111204642022-12-31 11120464core:WithinOneYear2023-12-31 11120464core:WithinOneYear2022-12-31 11120464core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11120464core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11120464core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11120464core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11120464core:PreviouslyStatedAmount2023-12-31 11120464core:PreviouslyStatedAmount2022-12-31 11120464business:SmallEntities2023-01-012023-12-31 11120464countries:EnglandWales2023-01-012023-12-31 11120464core:PlantMachinery2023-01-012023-12-31 11120464core:ComputerEquipment2023-01-012023-12-31 111204642022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11120464 (England and Wales)
DS SYS LTD Unaudited accounts for the year ended 31 December 2023
DS SYS LTD Unaudited accounts Contents
Page
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DS SYS LTD Company Information for the year ended 31 December 2023
Director
Mr David Swain
Company Number
11120464 (England and Wales)
Registered Office
123 LASCELLES DRIVE PONTPRENNAU CARDIFF CF23 8NP UNITED KINGDOM
Accountants
Munn Accounting Ltd 64 Coed Meiri Tyla Garw Pontyclun RCT CF72 9UW
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DS SYS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,073 
1,143 
Current assets
Debtors
14,820 
14,400 
Cash at bank and in hand
30,009 
32,183 
44,829 
46,583 
Creditors: amounts falling due within one year
(20,575)
(18,597)
Net current assets
24,254 
27,986 
Net assets
25,327 
29,129 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
25,227 
29,029 
Shareholders' funds
25,327 
29,129 
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 4 September 2024 and were signed on its behalf by
Mr David Swain Director Company Registration No. 11120464
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DS SYS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
DS SYS LTD is a private company, limited by shares, registered in England and Wales, registration number 11120464. The registered office is 123 LASCELLES DRIVE, PONTPRENNAU, CARDIFF, CF23 8NP, UNITED KINGDOM.
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
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.
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:
Plant & machinery
33.33% Straight Line Basis
Computer equipment
33.33% Straight Line Basis
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2023
1,715 
Additions
753 
At 31 December 2023
2,468 
Depreciation
At 1 January 2023
572 
Charge for the year
823 
At 31 December 2023
1,395 
Net book value
At 31 December 2023
1,073 
At 31 December 2022
1,143 
5
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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