REGISTERED NUMBER: 04005990 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

D & S RETAIL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D A Hallam

Mrs S I Hallam

SECRETARY:

Mrs S I Hallam

REGISTERED OFFICE:

19 Runner End

Holme Upon Spalding Moor

York

North Yorkshire

YO43 4EP

REGISTERED NUMBER:

04005990 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

FIXED ASSETS

Tangible assets

4

364

647

Investment property

5

633,158

633,158

633,522

633,805

CURRENT ASSETS

Cash at bank

25,309

28,686

CREDITORS

Amounts falling due within one year

6

36,327

37,864

NET CURRENT LIABILITIES

(11,018

)

(9,178

)

TOTAL ASSETS LESS CURRENT LIABILITIES

622,504

624,627

PROVISIONS FOR LIABILITIES

9,240

38,195

NET ASSETS

613,264

586,432

CAPITAL AND RESERVES

Called up share capital

159,002

159,002

Retained earnings

454,262

427,430

613,264

586,432

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

Mr D A Hallam - Director

1.	STATUTORY INFORMATION

D & S Retail 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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2024

1,520

245

1,765

Disposals

(782

)

-

(782

)

At 30 June 2025

738

245

983

DEPRECIATION

At 1 July 2024

1,074

44

1,118

Charge for year

61

82

143

Eliminated on disposal

(642

)

-

(642

)

At 30 June 2025

493

126

619

NET BOOK VALUE

At 30 June 2025

245

119

364

At 30 June 2024

446

201

647

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

633,158

NET BOOK VALUE

At 30 June 2025

633,158

At 30 June 2024

633,158

Investment property comprises of a retail unit at Runner End, Holme On Spalding Moor and industrial units at Helmsley Court, Pocklington and at Becklands Park, Market Weighton The fair value of the investment properties has been arrived at on the basis of a valuation carried out at 30 June 2025 by the directors of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,693

4,693

Taxation and social security

5,296

6,371

Other creditors

26,338

26,800

36,327

37,864

7.	RELATED PARTY DISCLOSURES

Included in other creditors as at 30 June 2025 is £21,589 (2024: £22,217) owed to the directors.

8.	RETAINED EARNINGS

Included within retained earnings are amounts of £142,985 (2024: £114,101) in respect of property revaluations undertaken, less related deferred tax charge thereon. As these profits are unrealised they are not available to be distributed.