REGISTERED NUMBER: 05957619 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

THE DMS DIGITAL GROUP LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S A Small

Mrs M Small

S D Small

J Harris

T A Hargreaves

SECRETARY:

Mrs M Small

REGISTERED OFFICE:

2 Belmont House

Deakins Business Park

Egerton

Bolton

BL7 9RP

REGISTERED NUMBER:

05957619 (England and Wales)

ACCOUNTANTS:

Ryans

Chartered Accountants

67 Chorley Old Road

Bolton

BL1 3AJ

FIXED ASSETS

Tangible assets

4

154,757

64,759

CURRENT ASSETS

Stocks

264,198

144,494

Debtors

1,151,529

911,467

Cash at bank

105,589

817,333

1,521,316

1,873,294

CREDITORS

Amounts falling due within one year

1,126,070

1,587,790

NET CURRENT ASSETS

395,246

285,504

TOTAL ASSETS LESS CURRENT LIABILITIES

550,003

350,263

CREDITORS

Amounts falling due after more than one year

(101,680

)

(44,696

)

PROVISIONS FOR LIABILITIES

(17,108

)

(10,896

)

NET ASSETS

431,215

294,671

CAPITAL AND RESERVES

Called up share capital

7

9,000

9,000

Retained earnings

422,215

285,671

SHAREHOLDERS' FUNDS

431,215

294,671

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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 Balance Sheet for the year ended 31st January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 28th October 2025 and were signed on its behalf by:

Mrs M Small - Director

1.	STATUTORY INFORMATION

The DMS Digital Group 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 (£).

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 tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is possible that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rental income from operating leases is recognised on a straight line basis over the term of the lease.

Depreciation

Depreciation is provided at the following annual rates in order to write off 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

-

33% on cost

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

At each reporting date an assessment is made for impairment. Any excess of the carrying amount of stock over it's estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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.

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.

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 24 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st February 2024

315,092

Additions

122,380

At 31st January 2025

437,472

DEPRECIATION

At 1st February 2024

250,333

Charge for year

32,382

At 31st January 2025

282,715

NET BOOK VALUE

At 31st January 2025

154,757

At 31st January 2024

64,759

Fixed assets, included in the above, which are held under finance leases are as follows:

Totals

£

COST

At 1st February 2024

87,650

Additions

101,434

At 31st January 2025

189,084

DEPRECIATION

At 1st February 2024

38,603

Charge for year

25,442

At 31st January 2025

64,045

NET BOOK VALUE

At 31st January 2025

125,039

At 31st January 2024

49,047

5.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases

2025

2024

£

£

Net obligations repayable:

Within one year

24,799

21,684

Between one and five years

98,347

31,363

123,146

53,047

Non-cancellable

operating leases

2025

2024

£

£

Within one year

70,865

92,707

Between one and five years

45,547

93,766

116,412

186,473

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Finance leases

123,146

53,047

Obligations under finance leases are secured by the company against the assets to which they relate.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

9,000

Ordinary

£1

9,000

9,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2025 and 31st January 2024:

2025

2024

£

£

S A Small and Mrs M Small

Balance outstanding at start of year

-

96,284

Amounts advanced

-

170,285

Amounts repaid

-

(266,569

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

T A Hargreaves

Balance outstanding at start of year

3,053

-

Amounts advanced

17,294

3,053

Amounts repaid

(18,174

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,173

3,053

J Harris

Balance outstanding at start of year

3,053

-

Amounts advanced

17,295

3,053

Amounts repaid

(18,074

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,274

3,053

S D Small

Balance outstanding at start of year

3,053

-

Amounts advanced

17,295

3,053

Amounts repaid

(18,094

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,254

3,053

Where appropriate, interest is charged at recognised HMRC rates. The loans are repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

All of the issued share capital of the company were purchased by The DMS Digital Group Holdings Ltd on 2nd January 2024, a company in which the directors, Mr S A and Mrs M Small, own all of the issued share capital.