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REGISTERED NUMBER: 04180790 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2025

for

DS Machining Services Limited

DS Machining Services Limited (Registered number: 04180790)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DS Machining Services Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: P J Smith
Ms D M Smith





REGISTERED OFFICE: The Engineering Works
Bowling Road
Chipping Sodbury
Bristol
BS37 6EP





REGISTERED NUMBER: 04180790 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

DS Machining Services Limited (Registered number: 04180790)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 79,347 69,469
79,347 69,469

CURRENT ASSETS
Stocks 40,000 35,000
Debtors 6 268,979 250,919
Cash at bank and in hand 87,985 135,377
396,964 421,296
CREDITORS
Amounts falling due within one year 7 194,220 253,013
NET CURRENT ASSETS 202,744 168,283
TOTAL ASSETS LESS CURRENT
LIABILITIES

282,091

237,752

CREDITORS
Amounts falling due after more than one
year

8

(40,258

)

(81,104

)

PROVISIONS FOR LIABILITIES (17,956 ) (17,581 )
NET ASSETS 223,877 139,067

DS Machining Services Limited (Registered number: 04180790)

Balance Sheet - continued
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 40 40
Capital redemption reserve 60 60
Retained earnings 223,777 138,967
223,877 139,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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.

2 the Board of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by:




P J Smith - Director



Ms D M Smith - Director


DS Machining Services Limited (Registered number: 04180790)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

DS Machining Services Limited 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 represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


DS Machining Services Limited (Registered number: 04180790)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 17 (2024 - 17 ) .

DS Machining Services Limited (Registered number: 04180790)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 57,500
AMORTISATION
At 1 April 2024
and 31 March 2025 57,500
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 70,418 544,100 24,200 5,488 644,206
Additions - 1,189 26,490 1,460 29,139
Disposals - - (5,250 ) - (5,250 )
At 31 March 2025 70,418 545,289 45,440 6,948 668,095
DEPRECIATION
At 1 April 2024 69,705 487,636 12,943 4,453 574,737
Charge for year 179 14,292 3,895 422 18,788
Eliminated on disposal - - (4,777 ) - (4,777 )
At 31 March 2025 69,884 501,928 12,061 4,875 588,748
NET BOOK VALUE
At 31 March 2025 534 43,361 33,379 2,073 79,347
At 31 March 2024 713 56,464 11,257 1,035 69,469

DS Machining Services Limited (Registered number: 04180790)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2024 49,638 18,950 68,588
Additions - 26,490 26,490
Transfer to ownership (49,638 ) (18,950 ) (68,588 )
At 31 March 2025 - 26,490 26,490
DEPRECIATION
At 1 April 2024 40,804 8,291 49,095
Charge for year - 1,104 1,104
Transfer to ownership (40,804 ) (8,291 ) (49,095 )
At 31 March 2025 - 1,104 1,104
NET BOOK VALUE
At 31 March 2025 - 25,386 25,386
At 31 March 2024 8,834 10,659 19,493

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 220,872 234,283
Amounts owed by associates 46,000 16,636
Other debtors 2,107 -
268,979 250,919

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 59,610 59,610
Hire purchase contracts 6,623 16,984
Trade creditors 49,013 56,525
Taxation and social security 63,133 111,225
Other creditors 15,841 8,669
194,220 253,013

DS Machining Services Limited (Registered number: 04180790)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 21,494 81,104
Hire purchase contracts 18,764 -
40,258 81,104

9. RELATED PARTY DISCLOSURES

Ms D Smith 2025 2024
Director

During the year the company entered into the following transactions
with the director:

Capital introduced/ Withdrawn 2,697 (3,9170 )

At the year end the amount due to the director was £4,549 (2024 - £1,852)

Mr P Smith
Director

During the year the company entered into the following transactions with the director:


Capital introduced/ Withdrawn 4,654 (3,405 )
At the year end the amount due to the director was £4,741(2024 - £87)


DS Machining (Grinding) Limited

Mr P Smith and Ms D Smith own 80% of the issued share capital.

At the year end the balance owed from the company was £46,000 (2024 - £16,636).

Sales to related company 112,028 103,337
Purchases from related company 17,133 17,171