DAGS SERVICES LTD 31/10/2025 iXBRL

Company registration number: 10406696

DAGS SERVICES LTD

Unaudited filleted financial statements

31 October 2025

DAGS SERVICES LTD

Contents

Statement of financial position

Notes to the financial statements

DAGS SERVICES LTD

Statement of financial position

31 October 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	342,007		394,730
		_______		_______
			342,007		394,730

Current assets
Stocks		-		17,000
Debtors	6	407,011		249,026
Cash at bank and in hand		224,067		52,934
		_______		_______
		631,078		318,960
Creditors: amounts falling due
within one year	7	( 153,317)		( 109,725)
		_______		_______
Net current assets			477,761		209,235
			_______		_______
Total assets less current liabilities			819,768		603,965

Creditors: amounts falling due
after more than one year	8		( 78,526)		( 88,843)

Provisions for liabilities	10		( 64,909)		( 65,280)

			_______		_______
Net assets			676,333		449,842
			_______		_______

Capital and reserves
Called up share capital			85		100
Profit and loss account			676,248		449,742
			_______		_______
Shareholders funds			676,333		449,842
			_______		_______

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 21 May 2026 , and are signed on behalf of the board by:

Mr Benjamin Good

Director

Company registration number: 10406696

DAGS SERVICES LTD

Notes to the financial statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is DAGS Services Ltd, 2 Green Gardens, Golcar, Huddersfield, West Yorkshire, HD7 4DG.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	20 %	reducing balance
Office equipment	-	33 %	straight line
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets .

Stocks

Stocks are measured 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 stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 5 ).

5. Tangible assets

	Plant and machinery	Office equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 November 2024	539,923	3,491	148,762	692,176
Additions	25,523	-	52,166	77,689
Disposals	( 46,000)	-	( 86,979)	( 132,979)
	_______	_______	_______	_______
At 31 October 2025	519,446	3,491	113,949	636,886
	_______	_______	_______	_______
Depreciation
At 1 November 2024	224,262	2,377	70,807	297,446
Charge for the year	68,236	557	9,466	78,259
Disposals	( 33,941)	-	( 46,885)	( 80,826)
	_______	_______	_______	_______
At 31 October 2025	258,557	2,934	33,388	294,879
	_______	_______	_______	_______
Carrying amount
At 31 October 2025	260,889	557	80,561	342,007
	_______	_______	_______	_______
At 31 October 2024	315,661	1,114	77,955	394,730
	_______	_______	_______	_______

Obligations under finance leases

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:


	Plant and machinery	Office equipment	Motor vehicles
	£	£	£
At 31 October 2025	79,349	370	60,499
	_______	_______	_______
At 31 October 2024	99,186	740	68,594
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	86,530	98,658
Other debtors	320,481	150,368
	_______	_______
	407,011	249,026
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,500	10,000
Trade creditors	13,500	13,092
Corporation tax	92,122	3,580
Other creditors	40,195	83,053
	_______	_______
	153,317	109,725
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	-	7,500
Other creditors	78,526	81,343
	_______	_______
	78,526	88,843
	_______	_______

9. Obligations under finance leases

Company lessee

The total future minimum lease payments under finance lease agreements are as follows:

	2025	2024
	£	£
Not later than 1 year	49,076	84,390
Later than 1 year and not later than 5 years	98,358	100,598
	_______	_______
	147,434	184,988
Less: future finance charges	( 31,815)	( 30,686)
	_______	_______
Present value of minimum lease payments	115,619	154,302
	_______	_______

10. Provisions

	Deferred tax (note 11)	Total
	£	£
At 1 November 2024	65,280	65,280
Charges against provisions	( 371)	( 371)
	_______	_______
At 31 October 2025	64,909	64,909
	_______	_______

11. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 10)	64,909	65,280
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	64,909	65,280
	_______	_______

12. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	6,281	-
Later than 1 year and not later than 5 years	14,657	-
	_______	_______
	20,938	-
	_______	_______

13. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Benjamin Good	( 4,359)	-	4,012	( 347)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Benjamin Good	( 543)	( 3,816)	-	( 4,359)
		_______	_______	_______	_______

Credits on directors' accounts are provided to the company unsecured, interest free and are repayable on demand.

14. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Moses & Good Holdings Ltd (Co No. 13172488)	23,852	15,561	139,518	115,666
	_______	_______	_______	_______

The above party is related to the company due the directors interest in the related party. The above loan is unsecured, interest free and repayable on demand.