IRIS Accounts Production v24.2.0.383 12747812 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127478122023-07-31127478122024-07-31127478122023-08-012024-07-31127478122022-07-31127478122022-08-012023-07-31127478122023-07-3112747812ns15:EnglandWales2023-08-012024-07-3112747812ns14:PoundSterling2023-08-012024-07-3112747812ns10:Director12023-08-012024-07-3112747812ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3112747812ns10:SmallEntities2023-08-012024-07-3112747812ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3112747812ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3112747812ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3112747812ns10:FullAccounts2023-08-012024-07-311274781212023-08-012024-07-3112747812ns10:Director22023-08-012024-07-3112747812ns10:CompanySecretary12023-08-012024-07-3112747812ns10:RegisteredOffice2023-08-012024-07-3112747812ns5:CurrentFinancialInstruments2024-07-3112747812ns5:CurrentFinancialInstruments2023-07-3112747812ns5:Non-currentFinancialInstruments2024-07-3112747812ns5:Non-currentFinancialInstruments2023-07-3112747812ns5:ShareCapital2024-07-3112747812ns5:ShareCapital2023-07-3112747812ns5:RetainedEarningsAccumulatedLosses2024-07-3112747812ns5:RetainedEarningsAccumulatedLosses2023-07-3112747812ns5:NetGoodwill2023-08-012024-07-3112747812ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3112747812ns5:PlantMachinery2023-08-012024-07-3112747812ns5:NetGoodwill2023-07-3112747812ns5:NetGoodwill2024-07-3112747812ns5:NetGoodwill2023-07-3112747812ns5:PlantMachinery2023-07-3112747812ns5:PlantMachinery2024-07-3112747812ns5:PlantMachinery2023-07-3112747812ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3112747812ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 12747812 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

DLS ELECTRICAL SOLUTIONS LTD

DLS ELECTRICAL SOLUTIONS LTD (Registered number: 12747812)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


DLS ELECTRICAL SOLUTIONS LTD

Company Information
for the Year Ended 31 July 2024







DIRECTORS: D Lord-Short
D Lord- Short





SECRETARY:





REGISTERED OFFICE: 2 Elmvil Road
Tewkesbury
GL20 8DD





REGISTERED NUMBER: 12747812 (England and Wales)





ACCOUNTANTS: Monest Accounts Limited
Pure Offices, Kestrel Court
Waterwells Drive, Quedgeley
Gloucester
Gloucestershire
GL2 2AT

DLS ELECTRICAL SOLUTIONS LTD (Registered number: 12747812)

Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,920 9,840
Tangible assets 5 5,389 10,553
10,309 20,393

CURRENT ASSETS
Stocks 35,600 33,450
Debtors 6 219,182 79,854
Cash at bank 58,728 29,503
313,510 142,807
CREDITORS
Amounts falling due within one year 7 68,745 31,469
NET CURRENT ASSETS 244,765 111,338
TOTAL ASSETS LESS CURRENT
LIABILITIES

255,074

131,731

CREDITORS
Amounts falling due after more than one
year

8

52,519

52,518
NET ASSETS 202,555 79,213

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 202,553 79,211
SHAREHOLDERS' FUNDS 202,555 79,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DLS ELECTRICAL SOLUTIONS LTD (Registered number: 12747812)

Statement of Financial Position - continued
31 July 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2024 and were signed on its behalf by:





D Lord-Short - Director


DLS ELECTRICAL SOLUTIONS LTD (Registered number: 12747812)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

DLS ELECTRICAL SOLUTIONS LTD 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

DLS ELECTRICAL SOLUTIONS LTD (Registered number: 12747812)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 24,600
AMORTISATION
At 1 August 2023 14,760
Charge for year 4,920
At 31 July 2024 19,680
NET BOOK VALUE
At 31 July 2024 4,920
At 31 July 2023 9,840

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 21,552
Additions 5,875
At 31 July 2024 27,427
DEPRECIATION
At 1 August 2023 10,999
Charge for year 11,039
At 31 July 2024 22,038
NET BOOK VALUE
At 31 July 2024 5,389
At 31 July 2023 10,553

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 80,060 1,124
Other debtors 139,122 78,730
219,182 79,854

DLS ELECTRICAL SOLUTIONS LTD (Registered number: 12747812)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 7,026 2
Taxation and social security 61,719 31,467
68,745 31,469

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Other creditors 52,519 52,518