Company Registration No. 10671820 (England and Wales)
Dyason Developments Ltd
Unaudited accounts
for the year ended 31 May 2025
Dyason Developments Ltd
Statement of financial position
as at 31 May 2025
Tangible assets
8,083
5,625
Inventories
4,782,701
6,696,012
Cash at bank and in hand
62,354
36,399
Creditors: amounts falling due within one year
(7,295,134)
(7,034,780)
Net current assets
14,463
334,512
Total assets less current liabilities
22,657
340,237
Provisions for liabilities
Deferred tax
(2,020)
(1,406)
Called up share capital
100
100
Profit and loss account
20,537
338,731
Shareholders' funds
20,637
338,831
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2026 and were signed on its behalf by
Mr C Dyason
Director
Company Registration No. 10671820
Dyason Developments Ltd
Notes to the Accounts
for the year ended 31 May 2025
Dyason Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 10671820. The registered office is The Studio, 3 Braebank Barns, Elsworth Road, Conington, Cambridge, Cambridgeshire, CB23 4LW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The entity has taken advantage of the option to not prepare consolidated financial statements contained in the Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Dyason Developments Ltd
Notes to the Accounts
for the year ended 31 May 2025
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the inventory to its present location and condition. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
-
9,000
-
9,000
Additions
8,990
-
1,583
10,573
At 31 May 2025
8,990
9,000
1,583
19,573
At 1 June 2024
-
3,375
-
3,375
Charge for the year
5,071
2,813
231
8,115
At 31 May 2025
5,071
6,188
231
11,490
At 31 May 2025
3,919
2,812
1,352
8,083
At 31 May 2024
-
5,625
-
5,625
5
Investments
Subsidiary undertakings
Valuation at 1 June 2024
100
Valuation at 31 May 2025
111
Amounts falling due within one year
Amounts due from group undertakings etc.
2,393,518
584,779
Other debtors
56,445
52,102
Dyason Developments Ltd
Notes to the Accounts
for the year ended 31 May 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
826,441
970,402
Trade creditors
360,419
180,184
Taxes and social security
8,841
14,871
Other creditors
6,089,699
5,866,323
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Transactions with related parties
An amount of £5,388,859 (2024: £5,165,760) has been loaned to the company from Devantier Group Limited, a company which is owned by Mr C Dyason, a director. Interest is charged on this loan.
At 31 May 2025 £584,813 (2024: £584,779) was owed to the company from Dycraft Ltd, £49 (2024: nil) was owed to the company from Dyason Developments (Gills Hill) Ltd and £1,808,656 (2024: nil) was owed to the company from Dyason Developments (West Wratting) Ltd.
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Average number of employees
During the year the average number of employees was 7 (2024: 3).