IRIS Accounts Production v25.1.0.734 08565871 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085658712023-07-31085658712024-07-31085658712023-08-012024-07-31085658712022-07-31085658712022-08-012023-07-31085658712023-07-3108565871ns15:EnglandWales2023-08-012024-07-3108565871ns14:PoundSterling2023-08-012024-07-3108565871ns10:Director12023-08-012024-07-3108565871ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3108565871ns10:SmallEntities2023-08-012024-07-3108565871ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3108565871ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3108565871ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3108565871ns10:FullAccounts2023-08-012024-07-3108565871ns10:Director22023-08-012024-07-3108565871ns10:Director42023-08-012024-07-3108565871ns10:RegisteredOffice2023-08-012024-07-3108565871ns5:CurrentFinancialInstruments2024-07-3108565871ns5:CurrentFinancialInstruments2023-07-3108565871ns5:Non-currentFinancialInstruments2024-07-3108565871ns5:Non-currentFinancialInstruments2023-07-3108565871ns5:ShareCapital2024-07-3108565871ns5:ShareCapital2023-07-3108565871ns5:RetainedEarningsAccumulatedLosses2024-07-3108565871ns5:RetainedEarningsAccumulatedLosses2023-07-3108565871ns5:LeaseholdImprovements2023-08-012024-07-3108565871ns5:FurnitureFittings2023-08-012024-07-3108565871ns5:MotorVehicles2023-08-012024-07-3108565871ns5:LeaseholdImprovements2023-07-3108565871ns5:FurnitureFittings2023-07-3108565871ns5:MotorVehicles2023-07-3108565871ns5:LeaseholdImprovements2024-07-3108565871ns5:FurnitureFittings2024-07-3108565871ns5:MotorVehicles2024-07-3108565871ns5:LeaseholdImprovements2023-07-3108565871ns5:FurnitureFittings2023-07-3108565871ns5:MotorVehicles2023-07-3108565871ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3108565871ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3108565871ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-07-3108565871ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-07-31
REGISTERED NUMBER: 08565871 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024

FOR

DBS MECHANICAL & ELECTRICAL LTD

DBS MECHANICAL & ELECTRICAL LTD (REGISTERED NUMBER: 08565871)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DBS MECHANICAL & ELECTRICAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2024







DIRECTORS: Mr D R Blakey
Mr S P Byrne
Mr K B Sheppard





REGISTERED OFFICE: 8 Colne Way Court
Colne Way
Watford
WD24 7NE





REGISTERED NUMBER: 08565871 (England and Wales)





ACCOUNTANTS: Meades Group Limited
39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB

DBS MECHANICAL & ELECTRICAL LTD (REGISTERED NUMBER: 08565871)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 12,012 39,745

CURRENT ASSETS
Debtors 5 1,346,292 2,084,601
Cash at bank 281,411 458,700
1,627,703 2,543,301
CREDITORS
Amounts falling due within one
year

6

1,470,589

1,841,471
NET CURRENT ASSETS 157,114 701,830
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,126

741,575

CREDITORS
Amounts falling due after more
than one year

7

(54,198

)

(104,190

)

PROVISIONS FOR LIABILITIES (1,404 ) (4,013 )
NET ASSETS 113,524 633,372

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 113,424 633,272
113,524 633,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DBS MECHANICAL & ELECTRICAL LTD (REGISTERED NUMBER: 08565871)

BALANCE SHEET - continued
31ST JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th April 2025 and were signed on its behalf by:





Mr D R Blakey - Director


DBS MECHANICAL & ELECTRICAL LTD (REGISTERED NUMBER: 08565871)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024

1. STATUTORY INFORMATION

DBS Mechanical & Electrical Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - Straight line over 10 years
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 14 ) .

DBS MECHANICAL & ELECTRICAL LTD (REGISTERED NUMBER: 08565871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1st August 2023 33,468 97,120 40,808 171,396
Additions - - 15,036 15,036
Disposals - - (55,844 ) (55,844 )
At 31st July 2024 33,468 97,120 - 130,588
DEPRECIATION
At 1st August 2023 20,082 94,905 16,664 131,651
Charge for year 3,347 242 4,551 8,140
Eliminated on disposal - - (21,215 ) (21,215 )
At 31st July 2024 23,429 95,147 - 118,576
NET BOOK VALUE
At 31st July 2024 10,039 1,973 - 12,012
At 31st July 2023 13,386 2,215 24,144 39,745

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 481,042 1,155,757
Amounts owed by group undertakings 725,965 478,510
Other debtors 112,977 427,046
VAT 26,308 23,288
1,346,292 2,084,601

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 116,777 49,992
Trade creditors 942,558 1,267,358
Pension fund - 5,472
Amounts owed to group undertakings 376,449 502,247
Other creditors 7,340 2,869
Net wages - 200
Credit card balances 27,465 -
Accrued expenses - 13,333
1,470,589 1,841,471

DBS MECHANICAL & ELECTRICAL LTD (REGISTERED NUMBER: 08565871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 54,198 104,190