SC400284falsethe provision of lightning protection and earthing solutions2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-05-31http://www.companieshouse.gov.uk/pt:MotorCars2023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:MotorCars2024-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FRS1022023-06-012024-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-06-012024-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SC400284

Direct Strike Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024

Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Direct Strike Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
DIRECTORS
K S Ireland
REGISTERED OFFICE
18 Canberra Road
Gretna
Dumfriesshire
DG16 5DP
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC400284
BANKERS
Cumberland Building Society
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Direct Strike Limited

ACCOUNTS
FOR THEYEARENDED31/05/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Direct Strike Limited

BALANCE SHEET AT 31/05/2024
20242023
Notes££
FIXED ASSETS
Tangible assets2152,407187,187
Investment Assets359,92259,922
212,329247,109
CURRENT ASSETS
Stock500500
Debtors4208,292259,228
Cash at bank and in hand124,080115,803
332,872375,531
CREDITORS: Amounts falling due within one year5154,545157,036
NET CURRENT ASSETS178,327218,495
TOTAL ASSETS LESS CURRENT LIABILITIES390,656465,604
CREDITORS: Amounts falling due after more than one year64,89115,809
PROVISIONS FOR LIABILITIES AND CHARGES28,52835,534
NET ASSETS357,237414,261
CAPITAL AND RESERVES
Called up share capital102102
Profit and loss account357,135414,159
SHAREHOLDERS' FUNDS357,237414,261
For the year ending 31/05/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/02/2025 and signed on their behalf by
.............................
K S Ireland
Director

Direct Strike Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Leasehold Improvementsreducing balance 15%
Plant and Machineryreducing balance 15%
Equipmentreducing balance 15%
Motor Vehiclesreducing balance 20%
1c. Stocks
Stocks are valued at the lower of cost and net estimated selling price less selling costs. Cost is based on average cost.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Investments
Fixed asset investments are included at fair value.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Invoices are raised upon the despatch of goods and the provision of services.
1g. Taxation
Corporation tax payable is provided on taxable profits at the current rates. Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain.

Direct Strike Limited

1h. Leases
Assets held under hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
2. TANGIBLE FIXED ASSETS
LeaseholdPlant and
Imp'mentsMachineryEquipmentMotor CarsTotal
£££££
Cost
At 01/06/202359,23913,03545,932240,484358,690
Additions-1,5006,328-7,828
Disposals---(18,388)(18,388)
At 31/05/202459,23914,53552,260222,096348,130
Depreciation
At 01/06/202314,1887,75225,558124,005171,503
Disposals---(8,973)(8,973)
For the year6,7581,0174,00521,41333,193
At 31/05/202420,9468,76929,563136,445195,723
Net Book Amounts
At 31/05/202438,2935,76622,69785,651152,407
At 31/05/202345,0515,28320,374116,479187,187
3. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 01/06/202359,92259,922
At 31/05/202459,92259,922
Amortisation
Net Book Amounts
At 31/05/202459,92259,922
At 31/05/202359,92259,922

Direct Strike Limited

4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors157,552199,311
Other debtors32,39531,895
Prepayments18,34528,022
208,292259,228
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax28,21571,863
VAT27,95019,333
Other tax and social security costs11,1086,456
Directors current account - K Ireland12,097265
Hire purchase11,11818,903
Trade creditors56,76736,663
Accruals7,2903,553
154,545157,036
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Hire purchase >1yr4,89115,809
4,89115,809
7. SECURED CREDITORS
20242023
££
Amount of other creditors which are secured16,00934,712
Hire purchase creditors are secured on the assets to which the outstanding obligations relate.

Direct Strike Limited

8. EMPLOYEES
20242023
No.No.
Average number of employees710
9. RELATED PARTY TRANSACTIONS
Total salaries of £9,600 (2023 - £15,200) were paid to the director during the year.
Total dividends of £4,000 (2023 - £36,000) were paid to the director during the year.
At the balance sheet date the company owed £12,097 to the director (2023 - £265). The loan is unsecured, interest free and repayable on demand.
10. GUARANTEES AND FINANCIAL COMMITMENTS
At the balance sheet date the company had outstanding commitments under operating leases of £21,871.
11. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in Scotland.
The company's registered number is SC400284.
The company's registered office is 18 Canberra Road, Gretna, Dumfriesshire DG16 5DP.