1 June 2023 false No description of principal activity Taxfiler 2024.6 10224097business:PrivateLimitedCompanyLtd2023-06-012024-05-31 102240972023-05-31 102240972023-06-012024-05-31 10224097business:AuditExemptWithAccountantsReport2023-06-012024-05-31 10224097business:FilletedAccounts2023-06-012024-05-31 102240972024-05-31 102240972023-05-31 10224097core:WithinOneYear2024-05-31 10224097core:WithinOneYear2023-05-31 10224097core:AfterOneYear2024-05-31 10224097core:AfterOneYear2023-05-31 10224097core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 10224097core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 10224097core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 10224097core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10224097core:PreviouslyStatedAmount2024-05-31 10224097core:PreviouslyStatedAmount2023-05-31 10224097business:SmallEntities2023-06-012024-05-31 10224097business:Director12023-06-012024-05-31 10224097countries:EnglandWales2023-06-012024-05-31 10224097business:RegisteredOffice2023-06-012024-05-31 10224097core:WithinOneYear2023-06-012024-05-31 10224097core:AfterOneYear2023-06-012024-05-31 102240972022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 10224097 (England and Wales)
D.S.A. Holdings Limited Unaudited accounts for the year ended 31 May 2024
D.S.A. Holdings Limited Unaudited accounts Contents
Page
- 2 -
D.S.A. Holdings Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
525,484 
525,484 
Current assets
Debtors
148,290 
176,378 
Cash at bank and in hand
726 
533 
149,016 
176,911 
Creditors: amounts falling due within one year
(528,724)
(281,746)
Net current liabilities
(379,708)
(104,835)
Total assets less current liabilities
145,776 
420,649 
Creditors: amounts falling due after more than one year
- 
(295,032)
Net assets
145,776 
125,617 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
145,766 
125,607 
Shareholders' funds
145,776 
125,617 
For the year ending 31 May 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 3 December 2024 and were signed on its behalf by
D M Clarke Director Company Registration No. 10224097
- 3 -
D.S.A. Holdings Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
D.S.A. Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 10224097. The registered office is 2 Bailey Hill, Castle Cary, Somerset, BA7 7AD, United Kingdom.
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.
Presentation currency
The accounts are presented in £ sterling.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in shares are included at fair value.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 June 2023
525,484 
Valuation at 31 May 2024
525,484 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
138,245 
176,333 
Accrued income and prepayments
10,000 
- 
Other debtors
45 
45 
148,290 
176,378 
- 4 -
D.S.A. Holdings Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
297,791 
15,937 
Taxes and social security
2,050 
2,185 
Loans from directors
222,483 
257,626 
Accruals
6,400 
5,998 
528,724 
281,746 
The bank loan is secured against the assets of the company and a guarantee of £392,000 from Rich Rewards Limited, a wholly owned subsidiary. The directors have also provided a personal guarantee of £100,000.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
295,032 
The bank loan is secured against the assets of the company and a guarantee of £392,000 from Rich Rewards Limited, a wholly owned subsidiary. The directors have also provided a personal guarantee of £100,000.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 5 -