REGISTERED NUMBER: 01773887 (England and Wales)

DERBY PLATING SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr J E Cholerton

Mrs E M Cholerton

REGISTERED OFFICE:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

BUSINESS ADDRESS:

148 Abbey Street

Derby

DE22 3SS

REGISTERED NUMBER:

01773887 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Tangible assets

4

661,598

698,334

CURRENT ASSETS

Stocks

5

-

18,300

Debtors

6

37,896

123,461

Cash at bank and in hand

66,564

14,653

104,460

156,414

CREDITORS

Amounts falling due within one year

7

21,612

110,029

NET CURRENT ASSETS

82,848

46,385

TOTAL ASSETS LESS CURRENT LIABILITIES

744,446

744,719

PROVISIONS FOR LIABILITIES

27,202

31,499

NET ASSETS

717,244

713,220

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Revaluation reserve

9

168,299

171,939

Capital redemption reserve

1,000

1,000

Retained earnings

546,945

539,281

SHAREHOLDERS' FUNDS

717,244

713,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by:

Mr J E Cholerton - Director

1.	STATUTORY INFORMATION

Derby Plating Services 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost or deemed cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

705,842

633,468

18,874

Additions

-

1,589

1,257

At 31 December 2025

705,842

635,057

20,131

DEPRECIATION

At 1 January 2025

173,293

480,718

12,327

Charge for year

14,119

23,155

1,168

At 31 December 2025

187,412

503,873

13,495

NET BOOK VALUE

At 31 December 2025

518,430

131,184

6,636

At 31 December 2024

532,549

152,750

6,547

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

23,230

5,673

1,387,087

Additions

-

714

3,560

At 31 December 2025

23,230

6,387

1,390,647

DEPRECIATION

At 1 January 2025

17,140

5,275

688,753

Charge for year

1,218

636

40,296

At 31 December 2025

18,358

5,911

729,049

NET BOOK VALUE

At 31 December 2025

4,872

476

661,598

At 31 December 2024

6,090

398

698,334

If the freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

523,827

523,827

Aggregate depreciation

173,696

163,217

Value of land in freehold land and buildings

-

-

The freehold property was valued by the directors on an open market basis as at 31 December 2025 and they consider the asset to be fairly stated.

5.

STOCKS

2025

2024

£

£

Raw materials

-

18,300

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

33,069

112,184

Other debtors

44

6,022

Prepayments and accrued income

4,783

5,255

37,896

123,461

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,060

1,231

Corporation tax

8,724

10,010

VAT

4,587

24,413

Other creditors

-

1,071

Directors' current accounts

2,696

52,384

Accruals and deferred income

4,545

20,920

21,612

110,029

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Revaluation

reserve

£

At 1 January 2025

171,939

Transfer

(3,640

)

At 31 December 2025

168,299