DSN Financial Ltd - Filleted accounts

DSN Financial Ltd
Registered number:		09473785
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,387			1,631

Current assets
Debtors	4	60,994			90,351
Cash at bank and in hand		24,195			18,843
		85,189			109,194

Creditors: amounts falling due within one year	5	(14,907)			(11,717)

Net current assets			70,282			97,477

Total assets less current liabilities			71,669			99,108

Creditors: amounts falling due after more than one year	6		(3,854)			(14,149)



Net assets			67,815			84,959

Capital and reserves
Called up share capital			100			100
Profit and loss account			67,715			84,859

Shareholders' funds			67,815			84,959

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr. Doros Nicolaou
Director
Approved by the board on 7 May 2026

DSN Financial Ltd
Notes to the Accounts
for the year ended 31 March 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				8,211
	At 31 March 2026				8,211

	Depreciation
	At 1 April 2025				6,580
	Charge for the year				244
	At 31 March 2026				6,824

	Net book value
	At 31 March 2026				1,387
	At 31 March 2025				1,631



4	Debtors		2026		2025
£				£

	Other debtors		60,994		90,351


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Other taxes and social security costs		13,107		9,917
	Other creditors		1,800		1,800
			14,907		11,717


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		3,854		14,149


7	Other information
	DSN Financial Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	246 London Road
	Guildford
	Surrey
	GU4 7LD