REGISTERED NUMBER: 02915444 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Disability Initiative Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L T Brown

Sir A C Morris

R N Ricketts

REGISTERED OFFICE:

Resource Centre

Knoll Road

Camberley

Surrey

GU15 3SY

REGISTERED NUMBER:

02915444 (England and Wales)

AUDITORS:

Branston Adams

Statutory Auditors and

Chartered Certified Accountants

Suite 2, Victoria House

South Street

Farnham

Surrey

GU9 7QU

FIXED ASSETS

Intangible assets

4

2,795

5,307

Tangible assets

5

17,789

15,475

20,584

20,782

CURRENT ASSETS

Stocks

100

100

Debtors

6

77,919

93,272

Cash at bank

31,243

42,693

109,262

136,065

CREDITORS

Amounts falling due within one year

7

202,252

240,309

NET CURRENT LIABILITIES

(92,990

)

(104,244

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(72,406

)

(83,462

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(72,506

)

(83,562

)

(72,406

)

(83,462

)

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 16 September 2025 and were signed on its behalf by:

Mrs L T Brown - Director

1.	STATUTORY INFORMATION

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

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.

Computer software is being amortised evenly over its estimated useful life of six years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

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

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 16 (2023 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 January 2024

and 31 December 2024

16,776

AMORTISATION

At 1 January 2024

11,469

Amortisation for year

2,796

Charge written back

(284

)

At 31 December 2024

13,981

NET BOOK VALUE

At 31 December 2024

2,795

At 31 December 2023

5,307

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

17,713

55,992

-

73,705

Additions

-

-

2,732

2,732

Disposals

(1,553

)

(2,575

)

(16,673

)

(20,801

)

Reclassification/transfer

(3,941

)

(28,361

)

32,301

(1

)

At 31 December 2024

12,219

25,056

18,360

55,635

DEPRECIATION

At 1 January 2024

13,019

45,211

-

58,230

Charge for year

858

1,549

1,775

4,182

Eliminated on disposal

(1,550

)

(2,540

)

(16,146

)

(20,236

)

Charge written back

(1,796

)

(2,534

)

-

(4,330

)

Reclassification/transfer

(1,936

)

(27,772

)

29,708

-

At 31 December 2024

8,595

13,914

15,337

37,846

NET BOOK VALUE

At 31 December 2024

3,624

11,142

3,023

17,789

At 31 December 2023

4,694

10,781

-

15,475

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

32,187

66,127

Prepayments

45,732

27,145

77,919

93,272

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

18,681

9,479

Amounts owed to group undertakings

137,116

186,312

Social security and other taxes

12,292

13,389

VAT

19,874

18,799

Pension creditor

3,339

13

Accrued expenses

10,950

12,317

202,252

240,309

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Adams (Senior Statutory Auditor)

for and on behalf of Branston Adams