Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04077252 Mr Anthony Turner Ms Laila Zollinger Ms Laila Zollinger true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04077252 2023-06-30 04077252 2024-06-30 04077252 2023-07-01 2024-06-30 04077252 frs-core:ShareCapital 2024-06-30 04077252 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04077252 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04077252 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04077252 frs-bus:SmallEntities 2023-07-01 2024-06-30 04077252 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04077252 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04077252 1 2023-07-01 2024-06-30 04077252 frs-bus:Director1 2023-07-01 2024-06-30 04077252 frs-bus:Director2 2023-07-01 2024-06-30 04077252 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 04077252 frs-countries:EnglandWales 2023-07-01 2024-06-30 04077252 2022-06-30 04077252 2023-06-30 04077252 2022-07-01 2023-06-30 04077252 frs-core:ShareCapital 2023-06-30 04077252 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 04077252
D.S. Metals Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of D.S. Metals Limited for the year ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of D.S. Metals Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of D.S. Metals Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of D.S. Metals Limited and state those matters that we have agreed to state to the directors of D.S. Metals Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D.S. Metals Limited and its directors as a body for our work or for this report.
It is your duty to ensure that D.S. Metals Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of D.S. Metals Limited . You consider that D.S. Metals Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of D.S. Metals Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Krowe Accountants
20 March 2025
Krowe Accountants
Grafton House
Bulls Head Yard
Alcester
Warwickshire
B49 5BX
Page 1
Page 2
Balance Sheet
Registered number: 04077252
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 227 585
227 585
Creditors: Amounts Falling Due Within One Year 5 (399 ) (384 )
NET CURRENT ASSETS (LIABILITIES) (172 ) 201
TOTAL ASSETS LESS CURRENT LIABILITIES (172 ) 201
NET (LIABILITIES)/ASSETS (172 ) 201
CAPITAL AND RESERVES
Called up share capital 6 200 200
Profit and Loss Account (372 ) 1
SHAREHOLDERS' FUNDS (172) 201
For the year ending 30 June 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Anthony Turner
Director
20 March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
D.S. Metals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04077252 . The registered office is Wildshaw House West Heath, Limpsfield, Surrey, RH8 0QS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
2.3. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted orsubstantively enacted by the statement of financial position date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 227 585
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 399 384
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
7. Related Party Transactions
At the Balance Sheet date, Fenixs Metals Sponka Ograniczona Odpowiedziaincecia, the holding company owed D S Metals Limited £227 (2023 - £585). The loan was provided interest free, with no fixed terms of repayment and no security.
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8. Ultimate Controlling Party
The company was controlled through out the current and previous period by Fenix Metals Spoika Zorgraniczona Odpowiedzialncecia who own 100% of the issued share capital.
Page 4