DS Holdings (Penarth) Ltd

	Page
Company Information	1
Abridged Balance Sheet	2—3
Notes to the Abridged Financial Statements	4—6

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Abridged Balance Sheet

As At 30 April 2025

Abridged Balance Sheet

Registered number: 09701702

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,390		2,827
Tangible Assets	5		1,900		2,564
Investment Properties	6		8,526,404		7,216,135
Investments	7		200,014		200,014

			8,730,708		7,421,540
CURRENT ASSETS
Debtors		3,252,315		3,442,850
Cash at bank and in hand		21,808		9,707

		3,274,123		3,452,557
Creditors: Amounts Falling Due Within One Year		(1,813,010 )		(856,827 )

NET CURRENT ASSETS (LIABILITIES)			1,461,113		2,595,730

TOTAL ASSETS LESS CURRENT LIABILITIES			10,191,821		10,017,270

Creditors: Amounts Falling Due After More Than One Year			(8,721,989 )		(8,819,579 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(342,787 )		(342,787 )

NET ASSETS			1,127,045		854,904

CAPITAL AND RESERVES
Called up share capital	9		80		80
Capital redemption reserve			20		20
Profit and Loss Account			1,126,945		854,804

SHAREHOLDERS' FUNDS			1,127,045		854,904

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DS Holdings (Penarth) Ltd

Abridged Balance Sheet (continued)

As At 30 April 2025

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr S M Baston

Director

14 November 2025

The notes on pages 4 to 6 form part of these financial statements.

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DS Holdings (Penarth) Ltd

Notes to the Abridged Financial Statements

For The Year Ended 30 April 2025

Notes to the Abridged Financial Statements

1. General Information

DS Holdings (Penarth) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09701702 . The registered office is Office 4 Workspace Penarth, Albert Road, Penarth, CF64 1FD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period the revision and future periods where the revisions affects both current and future periods

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Software & Development cost. It is amortised to the profit and loss account over its estimated economic life of 4 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% Straight line

2.6. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 6)

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DS Holdings (Penarth) Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 April 2025

4. Intangible Assets

	Total
	£
Cost
As at 1 May 2024	2,950
Additions	320

As at 30 April 2025	3,270

Amortisation
As at 1 May 2024	123
Provided during the period	757

As at 30 April 2025	880

Net Book Value
As at 30 April 2025	2,390

As at 1 May 2024	2,827

5. Tangible Assets

	Total
	£
Cost
As at 1 May 2024	2,658

As at 30 April 2025	2,658

Depreciation
As at 1 May 2024	94
Provided during the period	664

As at 30 April 2025	758

Net Book Value
As at 30 April 2025	1,900

As at 1 May 2024	2,564

6. Investment Property

	2025
	£
Fair Value
As at 1 May 2024	7,216,135
Additions	1,310,269

As at 30 April 2025	8,526,404

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DS Holdings (Penarth) Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 April 2025

7. Investments

	Total
	£
Cost or Valuation
As at 1 May 2024	200,014

As at 30 April 2025	200,014

Provision
As at 1 May 2024	-

As at 30 April 2025	-

Net Book Value
As at 30 April 2025	200,014

As at 1 May 2024	200,014

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	178,283	-
Bank loans and overdrafts	2,522,173	2,506,680

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	80	80

10. Related Party Transactions

During the year the company received repayments from its subsidiaries in relation to unsecured, interest free, repayable on demand loans totalling £333,186. At the balance sheet date the amount due to the company from its subsidiaries was £2,639,450 (2024 - £2,972,636).

During the year the company received management fees from other participating interests totalling £115,000. The company also received unsecured, interest free, repayable on demand loans from other participating interests totalling £61,160. At the balance sheet date the amount due from the company to other participating interests was £180,576 (2024 - £119,416).

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Director	Mr S M Baston

Company Number	09701702

Registered Office	Office 4 Workspace Penarth
	Albert Road
	Penarth
	CF64 1FD

Accountants	HSJ Accountants Ltd
	Severn House
	Hazell Drive
	Newport
	NP10 8FY