Registered number
02486954
DES Computer Services Limited
Filleted Accounts
31 August 2024
DES Computer Services Limited
Registered number: 02486954
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 1,687
Investments 4 - 200
- 1,887
Current assets
Debtors 5 361,011 366,471
Cash at bank and in hand 122,108 288,762
483,119 655,233
Creditors: amounts falling due within one year 6 (131,324) (148,916)
Net current assets 351,795 506,317
Net assets 351,795 508,204
Capital and reserves
Called up share capital 100 100
Profit and loss account 351,695 508,104
Shareholders' funds 351,795 508,204
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G S Lunnon
Director
Approved by the board on 12 February 2025
DES Computer Services Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 6 7
3 Tangible fixed assets
Office equipment
£
Cost
At 1 September 2023 57,859
Disposals (57,859)
At 31 August 2024 -
Depreciation
At 1 September 2023 56,172
Charge for the year 1,687
On disposals (57,859)
At 31 August 2024 -
Net book value
At 31 August 2024 -
At 31 August 2023 1,687
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 September 2023 200
Disposals (200)
At 31 August 2024 -
5 Debtors 2024 2023
£ £
Trade debtors 102,802 116,736
Amounts owed by group undertakings and undertakings in which the company has a participating interest 21,265 25,719
Other debtors 236,944 224,016
361,011 366,471
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 42,082 50,818
Trade creditors 16,204 11,415
Taxation and social security costs 9,140 23,707
Other creditors 63,898 62,976
131,324 148,916
7 Controlling party
C Lunnon, wife of G S Lunnon, a director, and G T Hendry have ultimate control of the company.
8 Other information
DES Computer Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
109 Silverdale Avenue
Walton on Thames
Surrey
KT12 1EH
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