REGISTERED NUMBER: 08643335 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

DSIGNS DEVON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Such

Mr S Davies

REGISTERED OFFICE:

1 Battle Road

Heathfield Industrial Estate

Newton Abbot

Devon

TQ12 6RY

REGISTERED NUMBER:

08643335 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

HSBC Bank Plc

7 Palace Avenue

Paignton

Devon

TQ3 3ED

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

73,979

70,270

73,979

70,270

CURRENT ASSETS

Stocks

6

9,000

9,000

Debtors

7

127,238

114,692

Cash at bank and in hand

84,135

75,829

220,373

199,521

CREDITORS

Amounts falling due within one year

8

143,950

124,691

NET CURRENT ASSETS

76,423

74,830

TOTAL ASSETS LESS CURRENT LIABILITIES

150,402

145,100

CREDITORS

Amounts falling due after more than one year

9

-

(9,849

)

PROVISIONS FOR LIABILITIES

(5,920

)

(5,115

)

NET ASSETS

144,482

130,136

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

144,282

129,936

SHAREHOLDERS' FUNDS

144,482

130,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 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 19 December 2025 and were signed on its behalf by:

Mr R Such - Director

Mr S Davies - Director

1.	STATUTORY INFORMATION

Dsigns Devon 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Straight line over the life of the lease

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

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 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

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 11 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

80,000

AMORTISATION

At 1 July 2024

and 30 June 2025

80,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

57,921

40,972

3,772

5,250

107,915

Additions

9,995

2,475

1,148

6,703

20,321

At 30 June 2025

67,916

43,447

4,920

11,953

128,236

DEPRECIATION

At 1 July 2024

8,109

25,348

1,606

2,582

37,645

Charge for year

9,508

3,620

497

2,987

16,612

At 30 June 2025

17,617

28,968

2,103

5,569

54,257

NET BOOK VALUE

At 30 June 2025

50,299

14,479

2,817

6,384

73,979

At 30 June 2024

49,812

15,624

2,166

2,668

70,270

6.

STOCKS

2025

2024

£

£

Stocks

9,000

9,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

86,938

98,787

Other debtors

1,298

547

Directors' current accounts

31,873

12,387

Prepayments

7,129

2,971

127,238

114,692

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,646

9,990

Trade creditors

45,045

23,383

Tax

32,059

46,168

VAT

21,405

21,715

Other creditors

33,350

21,411

Deferred income

2,122

500

Accrued expenses

323

1,524

143,950

124,691

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

-

9,849

10.	OTHER FINANCIAL COMMITMENTS

At 30 June 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £46,561 (2024: £89,286).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

Mr R Such

Balance outstanding at start of year

7,137

4,540

Amounts advanced

52,248

51,932

Amounts repaid

(47,135

)

(49,335

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,250

7,137

Mr S Davies

Balance outstanding at start of year

5,250

3,656

Amounts advanced

61,906

51,327

Amounts repaid

(47,533

)

(49,733

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,623

5,250

Loans are unsecured, interest free and repayable on demand.

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £26,900 (2024 - £48,000) were paid to the directors .

13.	GOVERNMENT GUARANTEED LOAN

The bank loan of £9,646 (2024: £19,839) is a COVID-19 bounce back loan, guaranteed by the government. Term runs until May 2026.