PTP Accounts Production v24.3.0.553 09463120 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094631202023-03-31094631202024-03-31094631202023-04-012024-03-31094631202022-03-31094631202022-04-012023-03-31094631202023-03-3109463120ns15:EnglandWales2023-04-012024-03-3109463120ns14:PoundSterling2023-04-012024-03-3109463120ns10:Director12023-04-012024-03-3109463120ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109463120ns10:SmallEntities2023-04-012024-03-3109463120ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109463120ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109463120ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109463120ns10:FullAccounts2023-04-012024-03-310946312012023-04-012024-03-3109463120ns10:Director22023-04-012024-03-3109463120ns10:Director32023-04-012024-03-3109463120ns10:RegisteredOffice2023-04-012024-03-3109463120ns5:CurrentFinancialInstruments2024-03-3109463120ns5:CurrentFinancialInstruments2023-03-3109463120ns5:ShareCapital2024-03-3109463120ns5:ShareCapital2023-03-3109463120ns5:RetainedEarningsAccumulatedLosses2024-03-3109463120ns5:RetainedEarningsAccumulatedLosses2023-03-3109463120ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3109463120ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-04-012024-03-3109463120ns5:IntangibleAssetsOtherThanGoodwill2023-03-3109463120ns5:IntangibleAssetsOtherThanGoodwill2024-03-3109463120ns5:IntangibleAssetsOtherThanGoodwill2023-03-3109463120ns5:PlantMachinery2023-03-3109463120ns5:PlantMachinery2023-04-012024-03-3109463120ns5:PlantMachinery2024-03-3109463120ns5:PlantMachinery2023-03-3109463120ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3109463120ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 09463120 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Dassian UK Limited

Dassian UK Limited (Registered number: 09463120)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dassian UK Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D P Murphy
S D Pugsley
I P Roper





REGISTERED OFFICE: Suite F7
Colworth House
Colworth Park, Sharnbrook
Bedford
Bedfordshire
MK44 1LZ





REGISTERED NUMBER: 09463120 (England and Wales)





ACCOUNTANTS: The Tax Team Limited
Omega Court
368 Cemetery Road
SHEFFIELD
S11 8FT

Dassian UK Limited (Registered number: 09463120)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 151,162 90,000
Tangible assets 5 8,315 10,576
159,477 100,576

CURRENT ASSETS
Debtors 6 411,923 315,880
Cash at bank 603,803 908,278
1,015,726 1,224,158
CREDITORS
Amounts falling due within one year 7 371,979 538,374
NET CURRENT ASSETS 643,747 685,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

803,224

786,360

PROVISIONS FOR LIABILITIES 2,009 2,009
NET ASSETS 801,215 784,351

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 800,215 783,351
SHAREHOLDERS' FUNDS 801,215 784,351

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Dassian UK Limited (Registered number: 09463120)

Balance Sheet - continued
31 March 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 25 October 2024 and were signed on its behalf by:





D P Murphy - Director


Dassian UK Limited (Registered number: 09463120)

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

1. STATUTORY INFORMATION

Dassian UK Limited 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 represents net invoiced sales of goods, excluding value added tax.

In the year to 31 March 2024 39% of the company's turnover was derived from markets outside the United Kingdom (2023 - 37%).

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Dassian UK Limited (Registered number: 09463120)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023 90,000
Additions 61,162
At 31 March 2024 151,162
NET BOOK VALUE
At 31 March 2024 151,162
At 31 March 2023 90,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 32,751
Additions 510
At 31 March 2024 33,261
DEPRECIATION
At 1 April 2023 22,175
Charge for year 2,771
At 31 March 2024 24,946
NET BOOK VALUE
At 31 March 2024 8,315
At 31 March 2023 10,576

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 346,894 263,397
Other debtors 65,029 52,483
411,923 315,880

Dassian UK Limited (Registered number: 09463120)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,968 27,445
Taxation and social security 52,061 161,613
Other creditors 310,950 349,316
371,979 538,374