IRIS Accounts Production v24.3.0.553 03082656 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030826562022-12-31030826562023-12-31030826562023-01-012023-12-31030826562021-12-31030826562022-01-012022-12-31030826562022-12-3103082656ns14:PoundSterling2023-01-012023-12-3103082656ns10:Director12023-01-012023-12-3103082656ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3103082656ns10:SmallEntities2023-01-012023-12-3103082656ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3103082656ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3103082656ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3103082656ns10:FullAccounts2023-01-012023-12-3103082656ns10:OrdinaryShareClass12023-01-012023-12-3103082656ns10:Director22023-01-012023-12-3103082656ns10:CompanySecretary12023-01-012023-12-3103082656ns10:RegisteredOffice2023-01-012023-12-3103082656ns5:CurrentFinancialInstruments2023-12-3103082656ns5:CurrentFinancialInstruments2022-12-3103082656ns5:ShareCapital2023-12-3103082656ns5:ShareCapital2022-12-3103082656ns5:RetainedEarningsAccumulatedLosses2023-12-3103082656ns5:RetainedEarningsAccumulatedLosses2022-12-3103082656ns5:PlantMachinery2023-01-012023-12-3103082656ns5:FurnitureFittings2023-01-012023-12-3103082656ns5:MotorVehicles2023-01-012023-12-3103082656ns5:PlantMachinery2022-12-3103082656ns5:FurnitureFittings2022-12-3103082656ns5:MotorVehicles2022-12-3103082656ns5:PlantMachinery2023-12-3103082656ns5:FurnitureFittings2023-12-3103082656ns5:MotorVehicles2023-12-3103082656ns5:PlantMachinery2022-12-3103082656ns5:FurnitureFittings2022-12-3103082656ns5:MotorVehicles2022-12-3103082656ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3103082656ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3103082656ns10:OrdinaryShareClass12023-12-3103082656ns5:RetainedEarningsAccumulatedLosses2022-12-3103082656ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 03082656












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Detail Management Services Limited

Detail Management Services Limited (Registered number: 03082656)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Detail Management Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A. Holder
J. Mason





SECRETARY: A. Holder





REGISTERED OFFICE: 2 Castle Business Village
Station Road
Hampton
Middlesex
TW12 2BX





REGISTERED NUMBER: 03082656





ACCOUNTANTS: PB Associates
Chartered Accountants and Chartered Tax Advisers
2 Castle Business Village
Station Road
Hampton
Middlesex
TW12 2BX

Detail Management Services Limited (Registered number: 03082656)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 10,948 9,110

CURRENT ASSETS
Debtors 4 1,556,839 1,347,483
Cash at bank 2,771,347 2,233,477
4,328,186 3,580,960
CREDITORS
Amounts falling due within one year 5 721,930 997,624
NET CURRENT ASSETS 3,606,256 2,583,336
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,617,204

2,592,446

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 3,617,104 2,592,346
SHAREHOLDERS' FUNDS 3,617,204 2,592,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Detail Management Services Limited (Registered number: 03082656)

Balance Sheet - continued
31 December 2023


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 29 November 2024 and were signed on its behalf by:





J. Mason - Director


Detail Management Services Limited (Registered number: 03082656)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. 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 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.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 6 ) .

Detail Management Services Limited (Registered number: 03082656)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023 12,101 73,760 80,928 166,789
Additions - 6,864 - 6,864
At 31 December 2023 12,101 80,624 80,928 173,653
DEPRECIATION
At 1 January 2023 12,101 67,280 78,298 157,679
Charge for year - 2,395 2,631 5,026
At 31 December 2023 12,101 69,675 80,929 162,705
NET BOOK VALUE
At 31 December 2023 - 10,949 (1 ) 10,948
At 31 December 2022 - 6,480 2,630 9,110

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 532,463 818,654
Other debtors 394,166 236,833
Directors' current accounts 526,851 221,604
Tax - 5,040
VAT 53,924 28,576
Prepayments 49,435 36,776
1,556,839 1,347,483

Included in debtors is an amount due from the shareholders in the sum of £526,851. The company has charged interest at the rate of 4.50% per annum.The loan was repaid on 29 September 2024.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 242,626 547,613
Taxation and social security 264,598 418,895
Other creditors 214,706 31,116
721,930 997,624

Detail Management Services Limited (Registered number: 03082656)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 January 2023 2,592,346
Profit for the year 1,024,758
At 31 December 2023 3,617,104

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J A Mason