DSG WHOLESALE LTD

Company Registration Number:
11272004 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

DSG WHOLESALE LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DSG WHOLESALE LTD

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Sameer Ali Ahmed
Baljit Singh Jhawar


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 November 2024

And signed on behalf of the board by:
Name: Sameer Ali Ahmed
Status: Director

DSG WHOLESALE LTD

Profit And Loss Account

for the Period Ended 30 April 2024

2024 13 months to 30 April 2023


£

£
Turnover: 5,002,922 4,589,837
Cost of sales: ( 2,838,345 ) ( 2,603,986 )
Gross profit(or loss): 2,164,577 1,985,851
Distribution costs: ( 174,051 ) ( 159,680 )
Administrative expenses: ( 437,862 ) ( 401,708 )
Operating profit(or loss): 1,552,664 1,424,463
Profit(or loss) before tax: 1,552,664 1,424,463
Tax: ( 295,005 ) ( 270,647 )
Profit(or loss) for the financial year: 1,257,659 1,153,816

DSG WHOLESALE LTD

Balance sheet

As at 30 April 2024

Notes 2024 13 months to 30 April 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 1,106,396 1,135,165
Total fixed assets: 1,106,396 1,135,165
Current assets
Stocks: 4 1,467,114 1,295,587
Debtors: 5 1,867,114 929,420
Cash at bank and in hand: 849,606 423,658
Total current assets: 4,183,834 2,648,665
Creditors: amounts falling due within one year: 6 ( 651,286 ) ( 402,545 )
Net current assets (liabilities): 3,532,548 2,246,120
Total assets less current liabilities: 4,638,944 3,381,285
Total net assets (liabilities): 4,638,944 3,381,285
Capital and reserves
Called up share capital: 225,000 225,000
Profit and loss account: 4,413,944 3,156,285
Total Shareholders' funds: 4,638,944 3,381,285

The notes form part of these financial statements

DSG WHOLESALE LTD

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 November 2024
and signed on behalf of the board by:

Name: Sameer Ali Ahmed
Status: Director

The notes form part of these financial statements

DSG WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    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 20% Motor vehicles 25% Fixtures & fittings 20% Computer equipment 20%

DSG WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 13 months to 30 April 2023
    Average number of employees during the period 14 13

DSG WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 765,259 181,873 136,598 116,632 323,780 1,524,142
Additions 23,090 27,889 14,588 65,567
Disposals
Revaluations
Transfers
At 30 April 2024 765,259 204,963 164,487 131,220 323,780 1,589,709
Depreciation
At 1 May 2023 75,321 70,016 64,682 178,958 388,977
Charge for year 25,928 18,894 13,308 36,206 94,336
On disposals
Other adjustments
At 30 April 2024 101,249 88,910 77,990 215,164 483,313
Net book value
At 30 April 2024 765,259 103,714 75,577 53,230 108,616 1,106,396
At 30 April 2023 765,259 106,552 66,582 51,950 144,822 1,135,165

DSG WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Stocks

2024 13 months to 30 April 2023
£ £
Stocks 1,467,114 1,295,587
Total 1,467,114 1,295,587

DSG WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 13 months to 30 April 2023
£ £
Trade debtors 1,295,636 929,420
Other debtors 571,478
Total 1,867,114 929,420

DSG WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

2024 13 months to 30 April 2023
£ £
Trade creditors 254,840 131,898
Taxation and social security 295,005 270,647
Other creditors 101,441 0
Total 651,286 402,545