Dysin Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—7

1. General Information

Dysin Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15031180 . The registered office is Wellington Yard Middle Lane, Kings Norton, Birmingham, B38 0DY.

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.

The 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 £.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 31 January 2026 are the first that are prepared in accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance with FRS105, the date of transition to FRS 102 Section 1A is 1 August 2024.

2.2. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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.

2.3. 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:

Plant & Machinery	15% reducing balance.
Motor Vehicles	25% reducing balance.
Fixtures & Fittings	25% reducing balance.
Computer Equipment	25% reducing balance.

Page 3

Page 4

Dysin Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

Page 4

Page 5

Dysin Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: 4)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 February 2025	169,875
Additions	219,859

As at 31 January 2026	389,734

Depreciation
As at 1 February 2025	22,536
Provided during the period	48,172

As at 31 January 2026	70,708

Net Book Value
As at 31 January 2026	319,026

As at 1 February 2025	147,339

5. Stocks

	31 January 2026	31 January 2025
	£	£
Work in progress	19,467	7,750

6. Debtors

	31 January 2026	31 January 2025
	£	£
Due within one year
Trade debtors	264,714	83,835
Amounts owed by group undertakings	50,000	-
Other debtors	33,336	8,945

	348,050	92,780

Page 5

Page 6

Dysin Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Creditors: Amounts Falling Due Within One Year

	31 January 2026	31 January 2025
	£	£
Net obligations under finance lease and hire purchase contracts	32,317	14,598
Trade creditors	80,861	795
Other creditors	47,803	13,881
Taxation and social security	523,486	98,210

	684,467	127,484

8. Creditors: Amounts Falling Due After More Than One Year

	31 January 2026	31 January 2025
	£	£
Net obligations under finance lease and hire purchase contracts	159,686	47,994

9. Secured Creditors

Of the creditors the following amounts are secured.

The hire purchase contracts are secured on the related fixed assets.

	31 January 2026		31 January 2025
	£		£
Net obligations under finance lease and hire purchase contracts	192,003		62,592

10. Obligations Under Finance Leases and Hire Purchase

	31 January 2026	31 January 2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	32,317	14,598
Later than one year and not later than five years	159,686	47,994

	192,003	62,592

	192,003	62,592

Page 6

Page 7

Dysin Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

11. Deferred Taxation

The provision for deferred tax is made up as follows:

	31 January 2026	31 January 2025
	£	£
Accelerated capital allowances	32,646	36,835

12. Share Capital

	31 January 2026	31 January 2025
	£	£
Allotted, Called up and fully paid	4	4

13. Related Party Transactions

At the year end the company was owed £50,000 31 January 2026 by its parent company Dysin Holdings Limited.

14. Transition to FRS 102

	1 August 2024	31 January 2025
	£	£
Equity as reported under FRS105	101,569	209,248
Deferred taxation	(11,801)	(36,835)

Equity as restated under FRS102	89,768	172,413

		2025
		£
Profit as reported under FRS105		139,677
Deferred taxation provision		(25,034)

Profit as restated under FRS102		114,643

The comparative has been restated to be in accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance with FRS 105. The only change is the provision of deferred taxation.

Page 7

		31 January 2026		31 January 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		319,026		147,339

			319,026		147,339
CURRENT ASSETS
Stocks	5	19,467		7,750
Debtors	6	348,050		92,780
Cash at bank and in hand		574,799		136,856

		942,316		237,386
Creditors: Amounts Falling Due Within One Year	7	(684,467 )		(127,484 )

NET CURRENT ASSETS (LIABILITIES)			257,849		109,902

TOTAL ASSETS LESS CURRENT LIABILITIES			576,875		257,241

Creditors: Amounts Falling Due After More Than One Year	8		(159,686 )		(47,994 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	11		(32,646 )		(36,835 )

NET ASSETS			384,543		172,412

CAPITAL AND RESERVES
Called up share capital	12		4		4
Income Statement			384,539		172,408

SHAREHOLDERS' FUNDS			384,543		172,412

Mr J W Sinclair Director	Mr A Dyson Director
20/05/2026