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
DMS Electrical Limited
Company Information
for the year ended 31 May 2024
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
DMS Electrical Limited
Statement of financial position
as at 31 May 2024
Tangible assets
81,159
50,479
Cash at bank and in hand
142,364
206,619
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
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
DMS Electrical Limited
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 May 2024
15,406
62,329
3,424
81,159
At 31 May 2023
19,257
26,112
5,110
50,479
DMS Electrical Limited
Notes to the Accounts
for the year ended 31 May 2024
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
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)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
17,111
25,653
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).