REGISTERED NUMBER: 03844339 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

DESA SYSTEMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M R Thompson

REGISTERED OFFICE:

34 School Green

Brighouse

West Yorkshire

HD6 3EY

REGISTERED NUMBER:

03844339 (England and Wales)

ACCOUNTANTS:

Brosnans

Chartered Accountants

Birkby House

Bailiff Bridge

Brighouse

West Yorkshire

HD6 4JJ

FIXED ASSETS

Tangible assets

4

249,175

223,340

CURRENT ASSETS

Stocks

94,798

153,195

Debtors

5

116,712

387,873

Cash at bank and in hand

256

37,076

211,766

578,144

CREDITORS

Amounts falling due within one year

6

(261,387

)

(505,620

)

NET CURRENT (LIABILITIES)/ASSETS

(49,621

)

72,524

TOTAL ASSETS LESS CURRENT LIABILITIES

199,554

295,864

CREDITORS

Amounts falling due after more than one year

7

(36,986

)

(87,290

)

NET ASSETS

162,568

208,574

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

161,568

207,574

SHAREHOLDERS' FUNDS

162,568

208,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 September 2025 and were signed by:

M R Thompson - Director

1.	STATUTORY INFORMATION

Desa Systems 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.

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

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

STOCKS

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 12 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

-

861,915

8,706

Additions

54,539

-

-

At 31 March 2025

54,539

861,915

8,706

DEPRECIATION

At 1 April 2024

-

658,039

7,587

Charge for year

-

30,666

257

At 31 March 2025

-

688,705

7,844

NET BOOK VALUE

At 31 March 2025

54,539

173,210

862

At 31 March 2024

-

203,876

1,119

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

22,503

33,132

926,256

Additions

-

5,250

59,789

At 31 March 2025

22,503

38,382

986,045

DEPRECIATION

At 1 April 2024

12,518

24,772

702,916

Charge for year

1,498

1,533

33,954

At 31 March 2025

14,016

26,305

736,870

NET BOOK VALUE

At 31 March 2025

8,487

12,077

249,175

At 31 March 2024

9,985

8,360

223,340

The net book value of tangible fixed assets includes £ 70,082 (2024 - £ 82,450 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

98,907

368,268

Other debtors

17,805

19,605

116,712

387,873

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

29,718

27,182

Hire purchase contracts

21,825

21,825

Trade creditors

133,605

307,896

Taxation and social security

62,187

110,787

Other creditors

14,052

37,930

261,387

505,620

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

9,705

38,184

Hire purchase contracts

27,281

49,106

36,986

87,290

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

2,130

-

Bank loans

37,293

65,366

Hire purchase contracts

49,106

70,931

88,529

136,297

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.	ULTIMATE CONTROLLING PARTY

The controlling party is M R Thompson.