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Company Registration No. 01542063 (England and Wales)
D-S B Offshore Limited Unaudited accounts for the year ended 30 June 2024
D-S B Offshore Limited Unaudited accounts Contents
Page
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D-S B Offshore Limited Company Information for the year ended 30 June 2024
Directors
Roland Durnford-Slater Sandi Durnford-Slater Thom D'Arcy
Company Number
01542063 (England and Wales)
Registered Office
Suite 53 405 Kings Road London SW10 0BB
Accountants
Newnham & Son Ltd School Master's House 39 College Street Petersfield Hampshire GU31 4AG
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D-S B Offshore Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,205 
5,893 
Investments
- 
10,244 
6,205 
16,137 
Current assets
Debtors
23,663 
84,401 
Cash at bank and in hand
843,728 
628,694 
867,391 
713,095 
Creditors: amounts falling due within one year
(301,459)
(290,584)
Net current assets
565,932 
422,511 
Net assets
572,137 
438,648 
Capital and reserves
Called up share capital
4 
4 
Capital redemption reserve
998 
998 
Profit and loss account
571,135 
437,646 
Shareholders' funds
572,137 
438,648 
For the year ending 30 June 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by
Roland Durnford-Slater Director Company Registration No. 01542063
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D-S B Offshore Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
D-S B Offshore Limited is a private company, limited by shares, registered in England and Wales, registration number 01542063. The registered office is Suite 53, 405 Kings Road, London, SW10 0BB.
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.
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
Acquired goodwill is written off in equal instalments over 10 years.
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
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
30,000 
At 30 June 2024
30,000 
Amortisation
At 1 July 2023
30,000 
At 30 June 2024
30,000 
Net book value
At 30 June 2024
- 
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D-S B Offshore Limited Notes to the Accounts for the year ended 30 June 2024
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
7,764 
9,915 
17,679 
Additions
379 
2,000 
2,379 
At 30 June 2024
8,143 
11,915 
20,058 
Depreciation
At 1 July 2023
5,002 
6,784 
11,786 
Charge for the year
785 
1,282 
2,067 
At 30 June 2024
5,787 
8,066 
13,853 
Net book value
At 30 June 2024
2,356 
3,849 
6,205 
At 30 June 2023
2,762 
3,131 
5,893 
6
Investments
Other investments 
£ 
Valuation at 1 July 2023
10,244 
Disposals
(10,244)
Valuation at 30 June 2024
- 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
934 
20 
Trade debtors
9,933 
83,141 
Accrued income and prepayments
12,794 
1,238 
Other debtors
2 
2 
23,663 
84,401 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
4,446 
- 
Taxes and social security
112,105 
103,322 
Other creditors
532 
3,696 
Accruals
184,376 
183,566 
301,459 
290,584 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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