Company Registration No. 9015912 (England and Wales)
D P S Embroidery Limited
Unaudited accounts
for the year ended 30 April 2025
D P S Embroidery Limited
Unaudited accounts
Contents
D P S Embroidery Limited
Statement of financial position
as at 30 April 2025
Tangible assets
251,722
255,105
Investment property
216,014
216,014
Cash at bank and in hand
977,387
1,011,078
Creditors: amounts falling due within one year
(354,367)
(374,188)
Net current assets
1,118,036
983,581
Net assets
1,585,772
1,454,700
Called up share capital
100
100
Profit and loss account
1,585,672
1,454,600
Shareholders' funds
1,585,772
1,454,700
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 December 2025 and were signed on its behalf by
R K Sharma
Director
Company Registration No. 9015912
D P S Embroidery Limited
Notes to the Accounts
for the year ended 30 April 2025
D P S Embroidery Limited is a private company, limited by shares, registered in England and Wales, registration number 9015912. The registered office is 46 HALLAM STREET, BIRMINGHAM, B12 9PS.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Plant & machinery
25% on the reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
D P S Embroidery Limited
Notes to the Accounts
for the year ended 30 April 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2024
162,213
320,775
482,988
Disposals
-
(37,080)
(37,080)
At 30 April 2025
162,213
333,695
495,908
At 1 May 2024
12,976
214,907
227,883
Charge for the year
3,244
35,243
38,487
On disposals
-
(22,184)
(22,184)
At 30 April 2025
16,220
227,966
244,186
At 30 April 2025
145,993
105,729
251,722
At 30 April 2024
149,237
105,868
255,105
Fair value at 1 May 2024
216,014
Amounts falling due within one year
Trade debtors
335,517
327,261
D P S Embroidery Limited
Notes to the Accounts
for the year ended 30 April 2025
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
11,714
21,667
Trade creditors
115,996
95,637
Taxes and social security
64,852
73,899
Other creditors
124,000
141,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 22 (2024: 23).