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
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
D-S B Offshore Limited
Statement of financial position
as at 30 June 2024
Tangible assets
6,205
5,893
Cash at bank and in hand
843,728
628,694
Creditors: amounts falling due within one year
(301,459)
(290,584)
Net current assets
565,932
422,511
Net assets
572,137
438,648
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
D-S B Offshore Limited
Notes to the Accounts
for the year ended 30 June 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
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
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
At 30 June 2024
8,143
11,915
20,058
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
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
Valuation at 30 June 2024
-
Amounts falling due within one year
Trade debtors
9,933
83,141
Accrued income and prepayments
12,794
1,238
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
112,105
103,322
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).