REGISTERED NUMBER: 02747782 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

DMS Stainless Steel Fabrications Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Dodd

REGISTERED OFFICE:

Unit 1 St Peters Road

Maidenhead

Berkshire

SL6 7QU

REGISTERED NUMBER:

02747782 (England and Wales)

ACCOUNTANTS:

CSL Partnership Limited

Chartered Certified Accountants

238 Station Road

Addlestone

Surrey

KT15 2PS

FIXED ASSETS

Tangible assets

4

658,945

775,002

CURRENT ASSETS

Stocks

276,950

293,125

Debtors

5

452,604

791,988

Cash at bank

1,299,737

1,547,912

2,029,291

2,633,025

CREDITORS

Amounts falling due within one year

6

(449,994

)

(709,582

)

NET CURRENT ASSETS

1,579,297

1,923,443

TOTAL ASSETS LESS CURRENT LIABILITIES

2,238,242

2,698,445

CREDITORS

Amounts falling due after more than one year

7

(340,167

)

(529,126

)

PROVISIONS FOR LIABILITIES

(129,927

)

(180,266

)

NET ASSETS

1,768,148

1,989,053

CAPITAL AND RESERVES

Called up share capital

25

25

Retained earnings

1,768,123

1,989,028

1,768,148

1,989,053

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 24 December 2025 and were signed by:

L Dodd - Director

1.	STATUTORY INFORMATION

DMS Stainless Steel Fabrications 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 taxes.

Tangible fixed assets

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.

Long leasehold

-

5% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

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

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 30 (2024 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

12,512

1,301,512

43,075

1,357,099

Additions

-

-

2,213

2,213

At 31 March 2025

12,512

1,301,512

45,288

1,359,312

DEPRECIATION

At 1 April 2024

10,478

540,343

31,276

582,097

Charge for year

80

114,174

4,016

118,270

At 31 March 2025

10,558

654,517

35,292

700,367

NET BOOK VALUE

At 31 March 2025

1,954

646,995

9,996

658,945

At 31 March 2024

2,034

761,169

11,799

775,002

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

645,750

DEPRECIATION

At 1 April 2024

39,206

Charge for year

92,588

At 31 March 2025

131,794

NET BOOK VALUE

At 31 March 2025

513,956

At 31 March 2024

606,544

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

426,204

738,944

Other debtors

26,400

-

Tax

-

45,099

VAT

-

7,945

452,604

791,988

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

135,539

129,354

Trade creditors

91,864

304,899

Amounts owed to associates

38,565

145,065

Social security and other taxes

30,546

27,290

VAT

46,371

-

Other creditors

91,243

77,731

Directors' current accounts

-

44

Accruals and deferred income

15,866

25,199

449,994

709,582

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

340,167

529,126