Company registration number SC226209 (Scotland)
DSM Geodata Limited
financial statements
for the year ended 31 March 2025
Pages for filing with registrar
DSM Geodata Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 7
DSM Geodata Limited
Balance sheet
as at 31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
272,653
549,026
Cash at bank and in hand
778,774
557,013
1,051,427
1,106,039
Creditors: amounts falling due within one year
4
(98,782)
(330,272)
Net current assets
952,645
775,767
Capital and reserves
Called up share capital
5
325,001
325,000
Profit and loss reserves
627,644
450,767
Total equity
952,645
775,767

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The financial statements were approved by the board of directors and authorised for issue on 17 June 2025 and are signed on its behalf by:
Ganesh Ananthakrishnan
Director
Company registration number SC226209 (Scotland)
DSM Geodata Limited
Notes to the financial statements
for the year ended 31 March 2025
- 2 -
1
Accounting policies
Company information

DSM Geodata Limited is a private company limited by shares incorporated in Scotland. The registered office is 5 Atholl Crescent, Edinburgh, EH3 8EJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statements have been prepared on a going concern basis. In assessing the company's ability to continue as a going concern, the Directors have prepared detailed forecasts extending beyond twelve months from the date of approval of the financial statements. Based on these forecasts, which take into account confirmed orders and a strong pipeline of anticipated contracts, the Directors have a reasonable expectation that the company will generate sufficient revenue to operate profitably and meet its obligations as they fall due.true

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

DSM Geodata Limited
Notes to the financial statements (continued)
for the year ended 31 March 2025
1
Accounting policies (continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised.

1.8
Foreign exchange

Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction supplied by our bankers. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the income statement.

DSM Geodata Limited
Notes to the financial statements (continued)
for the year ended 31 March 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
-
0
-
0
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
208,413
490,284
Other debtors
64,240
58,742
272,653
549,026
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
7,971
9,497
Amounts owed to group undertakings
18,870
189,646
Corporation tax
58,960
76,814
Other taxation and social security
3,261
-
0
Other creditors
9,720
54,315
98,782
330,272
DSM Geodata Limited
Notes to the financial statements (continued)
for the year ended 31 March 2025
- 5 -
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
New money "J" shares of £1 each
121,875
121,875
121,875
121,875
New money "R" shares of £1 each
203,125
203,125
203,125
203,125
325,000
325,000
325,000
325,000
2025
2024
2025
2024
Preference share capital
Number
Number
£
£
Issued and fully paid
First series preference shares of 0.0001p each
506,089
506,089
1
-
0
Second series preference shares of 0.0001p each
210,600
210,600
-
0
-
0
Third series preference shares of 0.0001p each
195,000
195,000
-
0
-
0
Preference shares classified as equity
1
-
Total equity share capital
325,001
325,000

Rights of shares

Collectively these are known as ordinary shares. The holders of these shares have the right to receive notice of, to attend, to speak at and vote at any general meeting of the company. On winding up, all surplus assets, after settling the dividends and capital of any Series Preference Shares, shall be paid to the ordinary shareholders pari passu and rateably according to the number of ordinary shares held.

 

Ordinary shares are split into two types; "J" and "R". The only distinction between each is that the New Money "J" shareholders are entitled to nominate two directors and the New money "R" shareholders are entitled to nominate three directors.

 

Series preference shares are only repayable in the event of winding up. Under the terms of the articles the entitlement to dividends on preference shares ceased on 31 December 2010. The holders of these shares have the right to receive notice of, and to attend but not speak at, nor vote at, any general meeting of the company. On winding up Series Preference Shares capital is returned as a priority to any ordinary share capital.

6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Diana Penny
Statutory Auditor:
Henderson Loggie LLP
Date of audit report:
17 June 2025
DSM Geodata Limited
Notes to the financial statements (continued)
for the year ended 31 March 2025
- 6 -
7
Related party transactions

During the year there were purchases of services from DSM Soft (Pvt) Limited totalling £2,246,713 (2024: £2,653,892) resulting in a year end inter-company creditor balance of £18,870 (2024: £189,646) with DSM Soft (Pvt) Limited.

 

During the year there were also transactions with DSM TECHNOCON PVT Ltd, a sister company of DSM Geodata Limited, to the value of £nil (2024: £93,895). There was a year end creditor balance of £nil (2024: £nil).

DSM Geodata Limited
Notes to the financial statements (continued)
for the year ended 31 March 2025
- 7 -
8
Parent company

The company is a subsidiary undertaking of DSM Soft (P) Limited, a company incorporated in India whose registered address is No.1, 15th Cross Street, Shastri Nagar, Adyar, Chennai 600 020, India. The largest group in which the results of the company are consolidated is that headed by DSM Soft (P) Limited. The consolidated financial statements of this company are not available to the public. No other group financial statements include the results of the company.

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