1 April 2023 v2025.19.1 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP107069212023-04-012024-03-14107069212024-03-14107069212023-03-3110706921core:WithinOneYear2024-03-1410706921core:WithinOneYear2023-03-3110706921core:AfterOneYear2024-03-1410706921core:AfterOneYear2023-03-31107069212022-04-012023-03-3110706921bus:Director12023-04-012024-03-141070692112023-04-012024-03-1410706921countries:EnglandWales2023-04-012024-03-1410706921bus:AuditExemptWithAccountantsReport2023-04-012024-03-1410706921bus:PrivateLimitedCompanyLtd2023-04-012024-03-1410706921bus:Micro-entities2023-04-012024-03-1410706921bus:FullAccounts2023-04-012024-03-14
Company registration number:
10706921
Debt Solution Services Limited
Unaudited Filleted Financial Statements for the period ended
14 March 2024
Debt Solution Services Limited
Statement of Financial Position
14 March 2024
14 Mar 202431 Mar 2023
££
   
Current assets
17,131
 
19,898
 
Creditors: amounts falling due within one year
(6,066
)
(10,173
)
Net current assets
11,065
 
9,725
 
Creditors: amounts falling due after more than one year
(6,665
)
(11,249
)
Accruals and deferred income
(1,680
)
(840
)
Net assets/(liabilities)
2,720
 
(2,364
)
   
Capital and reserves
2,720
 
(2,364
)

Notes to the Financial Statements

1 General information

2 Average number of employees

The average number of persons employed by the company during the period was
1
(2023:
1.00
).

3 Director's advances, credit and guarantees

At the beginning of the financial year, the directors’ current account reflected a credit balance of £233. During the year, the directors received advances amounting to £9,143. Additionally, credits totaling £10,017 were applied to the account. As at the end of the financial year, the directors’ current account had a credit balance of £874. All transactions were conducted on an arm's length basis and in accordance with the company’s policy on directors’ transactions.
For the period ending
14 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
20 December 2020
, and are signed on behalf of the board by:
A Golding
Director
Company registration number:
10706921