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Company Registration No. 04434158 (England and Wales)
DMS Electrical Limited Unaudited accounts for the year ended 31 May 2024
DMS Electrical Limited Unaudited accounts Contents
Page
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DMS Electrical Limited Company Information for the year ended 31 May 2024
Director
Mr P D Foster
Company Number
04434158 (England and Wales)
Registered Office
349 Hollinwood Avenue New Moston Manchester M40 0JX UK
Accountants
3rd Eye Accountax LTD PO Box 163 Manchester Greater Manchester M26 6DD
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DMS Electrical Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
81,159 
50,479 
Current assets
Inventories
57,256 
57,681 
Debtors
234,540 
250,605 
Cash at bank and in hand
142,364 
206,619 
434,160 
514,905 
Creditors: amounts falling due within one year
(47,653)
(77,669)
Net current assets
386,507 
437,236 
Total assets less current liabilities
467,666 
487,715 
Creditors: amounts falling due after more than one year
(46,505)
(61,476)
Net assets
421,161 
426,239 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
421,061 
426,139 
Shareholders' funds
421,161 
426,239 
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 director acknowledges his 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 and authorised for issue on 10 February 2025 and were signed on its behalf by
Mr P D Foster Director Company Registration No. 04434158
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DMS Electrical Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
DMS Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 04434158. The registered office is 349 Hollinwood Avenue, New Moston, Manchester, M40 0JX, UK.
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.
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
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
33% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
73,597 
96,714 
37,509 
207,820 
Additions
- 
56,993 
- 
56,993 
At 31 May 2024
73,597 
153,707 
37,509 
264,813 
Depreciation
At 1 June 2023
54,340 
70,602 
32,399 
157,341 
Charge for the year
3,851 
20,776 
1,686 
26,313 
At 31 May 2024
58,191 
91,378 
34,085 
183,654 
Net book value
At 31 May 2024
15,406 
62,329 
3,424 
81,159 
At 31 May 2023
19,257 
26,112 
5,110 
50,479 
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DMS Electrical Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,801 
31,275 
Amounts due from group undertakings etc.
72,930 
67,667 
Other debtors
119,809 
151,663 
234,540 
250,605 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
11,934 
11,934 
Trade creditors
31,004 
85,740 
Taxes and social security
4,715 
(20,005)
47,653 
77,669 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,394 
35,823 
Obligations under finance leases and hire purchase contracts
17,111 
25,653 
46,505 
61,476 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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