IRIS Accounts Production v24.2.0.383 11220413 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112204132023-02-28112204132024-02-29112204132023-03-012024-02-29112204132022-02-28112204132022-03-012023-02-28112204132023-02-2811220413ns15:EnglandWales2023-03-012024-02-2911220413ns14:PoundSterling2023-03-012024-02-2911220413ns10:Director12023-03-012024-02-2911220413ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2911220413ns10:SmallEntities2023-03-012024-02-2911220413ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2911220413ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2911220413ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2911220413ns10:FullAccounts2023-03-012024-02-2911220413ns10:OrdinaryShareClass12023-03-012024-02-2911220413ns10:Director22023-03-012024-02-2911220413ns10:RegisteredOffice2023-03-012024-02-2911220413ns5:CurrentFinancialInstruments2024-02-2911220413ns5:CurrentFinancialInstruments2023-02-2811220413ns5:Non-currentFinancialInstruments2024-02-2911220413ns5:Non-currentFinancialInstruments2023-02-2811220413ns5:ShareCapital2024-02-2911220413ns5:ShareCapital2023-02-2811220413ns5:RetainedEarningsAccumulatedLosses2024-02-2911220413ns5:RetainedEarningsAccumulatedLosses2023-02-2811220413ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-03-012024-02-2911220413ns5:FurnitureFittings2023-03-012024-02-2911220413ns5:LandBuildings2023-02-2811220413ns5:FurnitureFittings2023-02-2811220413ns5:LandBuildings2023-03-012024-02-2911220413ns5:LandBuildings2024-02-2911220413ns5:FurnitureFittings2024-02-2911220413ns5:LandBuildings2023-02-2811220413ns5:FurnitureFittings2023-02-2811220413ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2911220413ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2811220413ns10:OrdinaryShareClass12024-02-2911220413ns5:RetainedEarningsAccumulatedLosses2023-02-2811220413ns5:RetainedEarningsAccumulatedLosses2023-03-012024-02-29
REGISTERED NUMBER: 11220413 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

DSS Investments Ltd

DSS Investments Ltd (Registered number: 11220413)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DSS Investments Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Ms S Anguelova
Mr D Ivanchev





REGISTERED OFFICE: 16 Victoria Road
Buckhurst Hill
IG9 5ES





REGISTERED NUMBER: 11220413 (England and Wales)





ACCOUNTANTS: E Johnson & Associates
Chartered Certified Accountants
637 Green Lanes
London
N8 0RE

DSS Investments Ltd (Registered number: 11220413)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,544,356 1,547,642

CURRENT ASSETS
Debtors 5 2,789 764
Cash at bank and in hand 44,793 19,691
47,582 20,455
CREDITORS
Amounts falling due within one
year

6

1,021,223

984,791
NET CURRENT LIABILITIES (973,641 ) (964,336 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

570,715

583,306

CREDITORS
Amounts falling due after more
than one year

7

711,364

756,565
NET LIABILITIES (140,649 ) (173,259 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (140,749 ) (173,359 )
SHAREHOLDERS' FUNDS (140,649 ) (173,259 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

DSS Investments Ltd (Registered number: 11220413)

Balance Sheet - continued
29 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by:





Mr D Ivanchev - Director


DSS Investments Ltd (Registered number: 11220413)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

DSS Investments 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
The financial statements have been prepared on the going concern basis. This assumes that the company will continue in operational existence for the foreseeable future.
At the balance sheet date, the company's liabilities for the period from 1 March 2023 to 29 February 2024 exceed its assets. The directors of the company have sought assurance from the creditors that their debts will not be called in within the next twelve months.
The directors have been therefore deemed it appropriate that the financial statements be prepared on the going concern basis.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Fixtures and fittings - 25% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 1 (2023 - NIL ) .

DSS Investments Ltd (Registered number: 11220413)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 1,545,373 9,280 1,554,653
DEPRECIATION
At 1 March 2023 4,691 2,320 7,011
Charge for year 1,546 1,740 3,286
At 29 February 2024 6,237 4,060 10,297
NET BOOK VALUE
At 29 February 2024 1,539,136 5,220 1,544,356
At 28 February 2023 1,540,682 6,960 1,547,642

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 512 448
Other debtors 2,277 316
2,789 764

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 1,648 2,099
Taxation and social security 1,000 -
Other creditors 1,018,575 982,692
1,021,223 984,791

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Other creditors 711,364 756,565

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 March 2023 (173,359 )
Profit for the year 32,610
At 29 February 2024 (140,749 )

DSS Investments Ltd (Registered number: 11220413)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

10. RELATED PARTY DISCLOSURES

During the year, no dividend was paid to the director.

11. ULTIMATE CONTROLLING PARTY

The company is controlled by DSS Contracts Ltd.