REGISTERED NUMBER: 01461925 (England and Wales)

DATA (SOUTHERN) ENTERPRISES LIMITED

TRADING AS

DS MEDICAL

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R T Bourke

Mrs D M Bourke

REGISTERED OFFICE:

Eagle Building

E2, Daedalus Park

Daedalus Drive

Lee-on-the-Solent

Hampshire

PO13 9FX

REGISTERED NUMBER:

01461925 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

71,553

81,818

71,553

81,818

CURRENT ASSETS

Stocks

210,317

226,039

Debtors

6

599,725

155,723

Cash at bank and in hand

707,331

844,281

1,517,373

1,226,043

CREDITORS

Amounts falling due within one year

7

(388,201

)

(242,620

)

NET CURRENT ASSETS

1,129,172

983,423

TOTAL ASSETS LESS CURRENT LIABILITIES

1,200,725

1,065,241

PROVISIONS FOR LIABILITIES

(4,555

)

(9,033

)

NET ASSETS

1,196,170

1,056,208

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,196,168

1,056,206

1,196,170

1,056,208

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 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 24 September 2025 and were signed on its behalf by:

R T Bourke - Director

1.	STATUTORY INFORMATION

Data (Southern) Enterprises 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 FRS102 "The Financial Reporting Standards 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 FRS102 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 £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007 has been fully amortised over its estimated useful life of ten years.

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.

Short leasehold

-

Straight line over 10 years

Plant and machinery

-

Straight line over 5 years

Fixtures and fittings

-

20% Reducing balance

Motor vehicles

-

20% Reducing balance

Computer equipment

-

25% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Stocks

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

Financial assets

Basic financial assets, which include trade and other receivables 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 financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 7 (2023 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

125,000

AMORTISATION

At 1 January 2024

and 31 December 2024

125,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

112,937

13,744

39,014

Additions

-

-

-

Disposals

-

-

-

At 31 December 2024

112,937

13,744

39,014

DEPRECIATION

At 1 January 2024

75,049

13,744

33,665

Charge for year

11,294

-

1,070

Eliminated on disposal

-

-

-

At 31 December 2024

86,343

13,744

34,735

NET BOOK VALUE

At 31 December 2024

26,594

-

4,279

At 31 December 2023

37,888

-

5,349

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

38,750

75,775

280,220

Additions

39,078

3,397

42,475

Disposals

(38,750

)

(598

)

(39,348

)

At 31 December 2024

39,078

78,574

283,347

DEPRECIATION

At 1 January 2024

9,644

66,300

198,402

Charge for year

7,816

3,139

23,319

Eliminated on disposal

(9,644

)

(283

)

(9,927

)

At 31 December 2024

7,816

69,156

211,794

NET BOOK VALUE

At 31 December 2024

31,262

9,418

71,553

At 31 December 2023

29,106

9,475

81,818

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

115,135

152,189

Other debtors

484,590

3,534

599,725

155,723

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

124,287

105,189

Taxation and social security

252,757

133,986

Other creditors

11,157

3,445

388,201

242,620

8.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date, the company had commitments under operating leases amounting to £47,025 (2023- £78,375)

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year advances totalling £374,987 (2023: £nil) were made to the company's directors. Repayments of £3,053 (2023: £nil) were made during the year. At the year-end the amount owed by the director's to the company was £371,934 (2023: £nil).

Interest has been charged at the HMRC official rate of interest and the loan is repayable on demand.