REGISTERED NUMBER: 06741327 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

DCS 2 Way Radio Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Hampson

D Perrins

A W Platt

REGISTERED OFFICE:

Unit 3 Turnstone Business Park

Mulberry Avenue

Widnes

Cheshire

WA8 0WN

REGISTERED NUMBER:

06741327 (England and Wales)

ACCOUNTANTS:

Holland & Co. Chartered Accountants

102/104 Widnes Road

Widnes

Cheshire

WA8 6AX

FIXED ASSETS

Tangible assets

4

403,378

357,580

CURRENT ASSETS

Debtors

5

462,150

418,947

Prepayments and accrued income

6,139

6,139

Cash at bank and in hand

1,272,607

989,942

1,740,896

1,415,028

CREDITORS

Amounts falling due within one year

6

862,097

949,510

NET CURRENT ASSETS

878,799

465,518

TOTAL ASSETS LESS CURRENT LIABILITIES

1,282,177

823,098

CREDITORS

Amounts falling due after more than one year

7

(62,619

)

(89,574

)

PROVISIONS FOR LIABILITIES

(32,005

)

(22,347

)

NET ASSETS

1,187,553

711,177

CAPITAL AND RESERVES

Called up share capital

3

3

Capital redemption reserve

1

1

Retained earnings

1,187,549

711,173

SHAREHOLDERS' FUNDS

1,187,553

711,177

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

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

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 Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:

A W Platt - Director

1.	STATUTORY INFORMATION

DCS 2 Way Radio 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.

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.

Plant and machinery etc

-

25% on cost and 10% on cost

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

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 15 (2023 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

232,211

232,447

464,658

Additions

-

82,699

82,699

Disposals

-

(10,290

)

(10,290

)

At 31 December 2024

232,211

304,856

537,067

DEPRECIATION

At 1 January 2024

-

107,078

107,078

Charge for year

-

33,388

33,388

Eliminated on disposal

-

(6,777

)

(6,777

)

At 31 December 2024

-

133,689

133,689

NET BOOK VALUE

At 31 December 2024

232,211

171,167

403,378

At 31 December 2023

232,211

125,369

357,580

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

415,474

341,173

Other debtors

46,676

77,774

462,150

418,947

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

2,704

2,795

Payments on account

145,836

367,356

Trade creditors

451,019

275,377

Taxation and social security

213,128

189,217

Other creditors

49,410

114,765

862,097

949,510

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

62,619

89,574

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

62,619

89,574

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £152,803 (2023 - £206,308) were paid to the directors .

Dividends Issued to directors for this year are as follows:

- S Hampson (Ordinary A) £50,934.53 (£ 40,436.04 in 2023)

- A Platt (Ordinary B) £50,934.53 (£ 125,436.04 in 2023)

- D Perrins (Ordinary D) £50,934.53 (£ 40,436.04 in 2023)

In Other Debtors Loan Account for Radiotrader IRE, Track King and Urban Hair Balance Carried Forward is £46,675.98 (£37,906.94 in 2023). DCS has paid expenses in form of loan for Radiotrader IRE, Track King & Urban Hair but has not received money.

As at 31/12/2024 £0.00 (£85,000 in 2023) was owed to Director A Platt and included in other creditors.