IRIS Accounts Production v25.1.3.33 08809354 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08809354 2023-12-31 08809354 2024-12-31 08809354 2024-01-01 2024-12-31 08809354 2022-12-31 08809354 2023-01-01 2023-12-31 08809354 2023-12-31 08809354 ns15:EnglandWales 2024-01-01 2024-12-31 08809354 ns14:PoundSterling 2024-01-01 2024-12-31 08809354 ns10:Director1 2024-01-01 2024-12-31 08809354 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08809354 ns10:SmallEntities 2024-01-01 2024-12-31 08809354 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08809354 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 08809354 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08809354 ns10:FullAccounts 2024-01-01 2024-12-31 08809354 ns10:Director2 2024-01-01 2024-12-31 08809354 ns10:Director4 2024-01-01 2024-12-31 08809354 ns10:CompanySecretary1 2024-01-01 2024-12-31 08809354 ns10:RegisteredOffice 2024-01-01 2024-12-31 08809354 ns5:CurrentFinancialInstruments 2024-12-31 08809354 ns5:CurrentFinancialInstruments 2023-12-31 08809354 ns5:Non-currentFinancialInstruments 2024-12-31 08809354 ns5:Non-currentFinancialInstruments 2023-12-31 08809354 ns5:ShareCapital 2024-12-31 08809354 ns5:ShareCapital 2023-12-31 08809354 ns5:CapitalRedemptionReserve 2024-12-31 08809354 ns5:CapitalRedemptionReserve 2023-12-31 08809354 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 08809354 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 08809354 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-01-01 2024-12-31 08809354 ns5:FurnitureFittings 2024-01-01 2024-12-31 08809354 ns5:MotorVehicles 2024-01-01 2024-12-31 08809354 ns5:LandBuildings ns5:ShortLeaseholdAssets 2023-12-31 08809354 ns5:FurnitureFittings 2023-12-31 08809354 ns5:MotorVehicles 2023-12-31 08809354 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-12-31 08809354 ns5:FurnitureFittings 2024-12-31 08809354 ns5:MotorVehicles 2024-12-31 08809354 ns5:LandBuildings ns5:ShortLeaseholdAssets 2023-12-31 08809354 ns5:FurnitureFittings 2023-12-31 08809354 ns5:MotorVehicles 2023-12-31 08809354 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 08809354 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 08809354 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-12-31 08809354 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2023-12-31 08809354 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-12-31 08809354 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2023-12-31

REGISTERED NUMBER: 08809354 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

DBS ENGINEERING LTD

| DBS ENGINEERING LTD (REGISTERED NUMBER: 08809354) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| DBS ENGINEERING LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST DECEMBER 2024

| DIRECTORS: | Mr D R Blakey

| Mr S P Byrne

| Mr K B Sheppard

| SECRETARY: | Mr S P Byrne

| REGISTERED OFFICE: | 8 Colne Way Court

| Watford

| WD24 7NE

| REGISTERED NUMBER: | 08809354 (England and Wales)

| ACCOUNTANTS: | Meades Group Limited

| 39 The Metro Centre

| Tolpits Lane

| Watford

| Hertfordshire

| WD18 9SB

| DBS ENGINEERING LTD (REGISTERED NUMBER: 08809354) |

BALANCE SHEET

31ST DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,510 |  | 49,410 |  |

CURRENT ASSETS

Debtors | 5 | 48,186 |  | 386,783 |  |

Cash at bank | 160 |  | 33,332 |  |

48,346 |  | 420,115 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,864,852 |  | 1,827,105 |  |

NET CURRENT LIABILITIES | (1,816,506 | ) | (1,406,990 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (1,812,996 | ) | (1,357,580 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | (47,501 | ) | (224,342 | ) |

PROVISIONS FOR LIABILITIES | (667 | ) | - |  |

NET LIABILITIES | (1,861,164 | ) | (1,581,922 | ) |

CAPITAL AND RESERVES

Called up share capital | 875 |  | 875 |  |

Capital redemption reserve | 125 |  | 125 |  |

Retained earnings | (1,862,164 | ) | (1,582,922 | ) |

(1,861,164 | ) | (1,581,922 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 ENGINEERING LTD (REGISTERED NUMBER: 08809354) |

BALANCE SHEET - continued

31ST DECEMBER 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 19th September 2025 and were signed on its behalf by:

Mr D R Blakey - Director

| DBS ENGINEERING LTD (REGISTERED NUMBER: 08809354) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

1. | STATUTORY INFORMATION

| DBS Engineering 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.

| The financial statements have been prepared on the going concern basis, on the assumption that the company will continue to trade for the foreseeable future, despite it having net current liabilities of £1,816,506 (2023 - £1,406,990) as at the balance sheet date.

| The directors consider the going concern basis to be appropriate as, in their opinion, the company will be able to secure sufficient funding to enable it to pay its debts as they fall due.

| 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.

| Short leasehold | - | Straight line over 10 years

| Fixtures and fittings | - | 25% on reducing balance

| 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 9 (2023 - 13 ) .

| DBS ENGINEERING LTD (REGISTERED NUMBER: 08809354) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |  | Motor |

| leasehold |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1st January 2024 | 10,356 |  | 1,371 |  | 106,023 |  | 117,750 |  |

| Disposals | - |  | - |  | (106,023 | ) | (106,023 | ) |

| At 31st December 2024 | 10,356 |  | 1,371 |  | - |  | 11,727 |  |

| DEPRECIATION

| At 1st January 2024 | 6,216 |  | 830 |  | 61,294 |  | 68,340 |  |

| Charge for year | 1,036 |  | 135 |  | - |  | 1,171 |  |

| Eliminated on disposal | - |  | - |  | (61,294 | ) | (61,294 | ) |

| At 31st December 2024 | 7,252 |  | 965 |  | - |  | 8,217 |  |

| NET BOOK VALUE

| At 31st December 2024 | 3,104 |  | 406 |  | - |  | 3,510 |  |

| At 31st December 2023 | 4,140 |  | 541 |  | 44,729 |  | 49,410 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 35,633 |  | 242,339 |  |

| Other debtors | - |  | 8,460 |  |

| VAT repayable | - |  | 19,214 |  |

| PAYE/NI repayable | 12,553 |  | 116,770 |  |

48,186 |  | 386,783 |  |

| DBS ENGINEERING LTD (REGISTERED NUMBER: 08809354) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2024

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 173,407 |  | 123,872 |  |

| Other loans | 160,590 |  | 55,335 |  |

| Hire purchase contracts (see note 8) | - |  | 31,594 |  |

| Trade creditors | 302,115 |  | 503,187 |  |

| Corporation tax | - |  | 200 |  |

| Social security and other taxes | 4,530 |  | - |  |

| VAT | 3,061 |  | - |  |

| Other creditors | - |  | 6,380 |  |

| Net wages | - |  | 6,482 |  |

| Credit card balances | - |  | 10,888 |  |

| DBS Managed Services Limited | 491,723 |  | 491,723 |  |

| David Blakey Services Limited | 77,904 |  | 62,789 |  |

| DBS Mechanical and Electrical

| Ltd | 643,787 |  | 493,206 |  |

| Accrued expenses | 7,735 |  | 41,449 |  |

1,864,852 |  | 1,827,105 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans more than a year | 47,501 |  | 117,500 |  |

| Other loans more than a year | - |  | 106,842 |  |

47,501 |  | 224,342 |  |

8. | LEASING AGREEMENTS

| The company's hire purchase commitments relate to motor vehicles and finished in 2024.