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REGISTERED NUMBER: 05123350 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 October 2024

for

D S Financial Limited

D S Financial Limited (Registered number: 05123350)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D S Financial Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mr D G Simpson





REGISTERED OFFICE: Aspland Lodge
Crane Moor Road
Crane Moor
Sheffield
S35 7AT





REGISTERED NUMBER: 05123350 (England and Wales)





ACCOUNTANTS: SMH Haywood & Co Limited
24-26 Mansfield Road
Rotherham
South Yorkshire
S60 2DT

D S Financial Limited (Registered number: 05123350)

Balance Sheet
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 3 8,163 11,757
Investments 4 7,130 -
15,293 11,757

CURRENT ASSETS
Debtors 5 258,474 257,010
Cash at bank 97,661 128,892
356,135 385,902
CREDITORS
Amounts falling due within one year 6 (18,101 ) (23,335 )
NET CURRENT ASSETS 338,034 362,567
TOTAL ASSETS LESS CURRENT LIABILITIES 353,327 374,324

CREDITORS
Amounts falling due after more than one
year

7

-

(3,220

)
NET ASSETS 353,327 371,104

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 353,317 371,094
353,327 371,104

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

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

The director acknowledges his 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.

D S Financial Limited (Registered number: 05123350)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 December 2024 and were signed by:





Mr D G Simpson - Director


D S Financial Limited (Registered number: 05123350)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. 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 each asset over its estimated useful life.

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 or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

D S Financial Limited (Registered number: 05123350)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 58,046
Disposals (1,726 )
At 31 October 2024 56,320
DEPRECIATION
At 1 November 2023 46,289
Charge for year 2,903
Eliminated on disposal (1,035 )
At 31 October 2024 48,157
NET BOOK VALUE
At 31 October 2024 8,163
At 31 October 2023 11,757

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 7,130
At 31 October 2024 7,130
NET BOOK VALUE
At 31 October 2024 7,130

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 258,474 257,010

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 3,220 7,086
Taxation and social security 13,137 11,189
Other creditors 1,744 5,060
18,101 23,335

D S Financial Limited (Registered number: 05123350)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 3,220