REGISTERED NUMBER: 03902881 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

D.s And S Thompson Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D S Thompson

Mrs S Thompson

REGISTERED OFFICE:

The Riggs

Stainsacre

Whitby

North Yorkshire

YO22 4LR

REGISTERED NUMBER:

03902881 (England and Wales)

ACCOUNTANTS:

Wasley Chapman LLP

Chartered Accountants

5 Bobbies Bank

Whitby

North Yorkshire

YO21 1EF

FIXED ASSETS

Tangible assets

4

176,218

257,645

CURRENT ASSETS

Stocks

1,250

1,250

Debtors

5

9,744

27,000

Investments

6

1,694

1,561

Cash at bank

300,705

523,127

313,393

552,938

CREDITORS

Amounts falling due within one year

7

8,748

23,856

NET CURRENT ASSETS

304,645

529,082

TOTAL ASSETS LESS CURRENT LIABILITIES

480,863

786,727

PROVISIONS FOR LIABILITIES

48,953

48,953

NET ASSETS

431,910

737,774

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

431,908

737,772

SHAREHOLDERS' FUNDS

431,910

737,774

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 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.

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 31 December 2025 and were signed on its behalf by:

Mr D S Thompson - Director

Mrs S Thompson - Director

1.	STATUTORY INFORMATION

D.s And S Thompson 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.

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.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance, 15% on reducing balance and 10% 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.

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 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

462,885

249

360,594

8,103

831,831

Disposals

(130,336

)

-

(20,700

)

-

(151,036

)

At 31 March 2025

332,549

249

339,894

8,103

680,795

DEPRECIATION

At 1 April 2024

244,739

246

321,490

7,711

574,186

Charge for year

37,521

1

9,343

78

46,943

Eliminated on disposal

(97,583

)

-

(18,969

)

-

(116,552

)

At 31 March 2025

184,677

247

311,864

7,789

504,577

NET BOOK VALUE

At 31 March 2025

147,872

2

28,030

314

176,218

At 31 March 2024

218,146

3

39,104

392

257,645

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

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

108,500

DEPRECIATION

At 1 April 2024

105,477

Charge for year

755

At 31 March 2025

106,232

NET BOOK VALUE

At 31 March 2025

2,268

At 31 March 2024

3,023

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,744

27,000

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Trade Investment

1,694

1,561

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,327

2,204

Taxation and social security

1,581

15,768

Other creditors

4,840

5,884

8,748

23,856

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts are secured on the related assets. The bank overdraft is secured by a debenture over the assets of the company .