REGISTERED NUMBER: 07552025 (England and Wales)

DS COMMERCIALS (UK) LTD

Unaudited Financial Statements

For The Year Ended 31 December 2024

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D P Smith

Mrs J A Smith

REGISTERED OFFICE:

The Mill

St Michaels Close

Aylesford

Kent

ME20 7XE

REGISTERED NUMBER:

07552025 (England and Wales)

ACCOUNTANTS:

Hilden Park Accountants Limited

Hilden Park House

79 Tonbridge Road

Hildenborough

Tonbridge

Kent

TN11 9BH

FIXED ASSETS

Tangible assets

4

474,767

457,181

CURRENT ASSETS

Debtors

343,165

288,834

Cash at bank and in hand

165,788

137,661

508,953

426,495

CREDITORS

Amounts falling due within one year

253,624

231,424

NET CURRENT ASSETS

255,329

195,071

TOTAL ASSETS LESS CURRENT LIABILITIES

730,096

652,252

CREDITORS

Amounts falling due after more than one year

-

(5,707

)

PROVISIONS FOR LIABILITIES

(92,805

)

(91,676

)

NET ASSETS

637,291

554,869

CAPITAL AND RESERVES

Called up share capital

50

50

Capital redemption reserve

50

50

Retained earnings

637,191

554,769

SHAREHOLDERS' FUNDS

637,291

554,869

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 September 2025 and were signed on its behalf by:

D P Smith - Director

1.	STATUTORY INFORMATION

DS Commercials (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 value of the consideration received or receivable, net of discounts and value added taxes, from the rendering of vehicle repair and maintenance services provided. Turnover is recognised according to the stage of completion of the contract.

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

-

20% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures & fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Office equipment

-

15% on reducing balance

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 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

865,113

Additions

104,442

At 31 December 2024

969,555

DEPRECIATION

At 1 January 2024

407,932

Charge for year

86,856

At 31 December 2024

494,788

NET BOOK VALUE

At 31 December 2024

474,767

At 31 December 2023

457,181

5.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2024

2023

£

£

Net obligations repayable:

Within one year

5,707

13,065

Between one and five years

-

5,707

5,707

18,772

Non-cancellable operating leases

2024

2023

£

£

Within one year

78,000

78,000

Between one and five years

78,000

156,000

156,000

234,000