Company Registration No. 03714654 (England and Wales)
DSH Electronics Limited
Unaudited accounts
for the year ended 31 March 2024
DSH Electronics Limited
Unaudited accounts
Contents
DSH Electronics Limited
Company Information
for the year ended 31 March 2024
Directors
David Peter Silverwood
Simon Neil Hiscoe
Company Number
03714654 (England and Wales)
Registered Office
206 Idle Road
Bradford
West Yorkshire
BD2 4JT
England
Accountants
True North Accountancy Ltd
19 Forest Crescent
Illingworth
Halifax
West Yorkshire
HX2 8DS
DSH Electronics Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
30,590
5,734
Creditors: amounts falling due within one year
(130,128)
(123,895)
Net current liabilities
(22,202)
(83,654)
Net liabilities
(21,707)
(82,917)
Called up share capital
2
2
Profit and loss account
(21,709)
(82,919)
Shareholders' funds
(21,707)
(82,917)
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by
David Peter Silverwood
Director
Company Registration No. 03714654
DSH Electronics Limited
Notes to the Accounts
for the year ended 31 March 2024
DSH Electronics Limited is a private company, limited by shares, registered in England and Wales, registration number 03714654. The registered office is 206 Idle Road, Bradford, West Yorkshire, BD2 4JT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line depreciation
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The accounts have being prepared on the going concern basis, on the understanding the Directors' will continue to financially support the company for the foreseeable future.
DSH Electronics Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
27,006
979
27,985
At 31 March 2024
27,006
979
27,985
At 1 April 2023
27,006
242
27,248
Charge for the year
-
242
242
At 31 March 2024
27,006
484
27,490
At 31 March 2024
-
495
495
At 31 March 2023
-
737
737
Amounts falling due within one year
Trade debtors
73,336
30,074
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,387
-
Other creditors
22,970
7,144
Loans from directors
82,109
115,801
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).