The Drilling & Sawing Association Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 05027188

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		990
Tangible Assets	5		41,522		61,941
Investments	6		1		1

			41,523		62,932
CURRENT ASSETS
Debtors		20,450		43,314
Cash at bank and in hand		242,680		149,905

		263,130		193,219
Creditors: Amounts Falling Due Within One Year		(155,365 )		(221,055 )

NET CURRENT ASSETS (LIABILITIES)			107,765		(27,836 )

TOTAL ASSETS LESS CURRENT LIABILITIES			149,288		35,096

NET ASSETS			149,288		35,096

Income and Expenditure Account			149,288		35,096

MEMBERS' FUNDS			149,288		35,096

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The Drilling & Sawing Association Limited

Abridged Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

All of the company's members have consented to the preparation of an Abridged Income and Expenditure Account and an Abridged Balance Sheet for the year end 31 January 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr D Swanwick

Director

7 May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Drilling & Sawing Association Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 05027188 . The registered office is Unit 3 Brand Street, Nottingham, Nottinghamshire, NG2 3GW.

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.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets arethe new website. It is amortised to income and expenditure account over its estimated economic life of 5 years.

2.4. 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	20% on cost
Fixtures & Fittings	33% on cost and 25% reducing balance
Chairmans Badge of Office	No depreciation

2.5. Fixed asset investments

Interest in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. the investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

2.6. Section 398 Exemption

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

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The Drilling & Sawing Association Limited

Notes to the Abridged 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: NIL (2025: NIL)

4. Intangible Assets

	Total
	£
Cost
As at 1 February 2025	19,800

As at 31 January 2026	19,800

Amortisation
As at 1 February 2025	18,810
Provided during the period	990

As at 31 January 2026	19,800

Net Book Value
As at 31 January 2026	-

As at 1 February 2025	990

5. Tangible Assets

	Total
	£
Cost
As at 1 February 2025	266,695

As at 31 January 2026	266,695

Depreciation
As at 1 February 2025	204,754
Provided during the period	20,419

As at 31 January 2026	225,173

Net Book Value
As at 31 January 2026	41,522

As at 1 February 2025	61,941

6. Investments

	Total
	£
Cost or Valuation
As at 1 February 2025	1

As at 31 January 2026	1

Provision
As at 1 February 2025	-

As at 31 January 2026	-

...CONTINUED

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The Drilling & Sawing Association Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 January 2026

Net Book Value
As at 31 January 2026	1

As at 1 February 2025	1

The company holds 100% of the share capital of DSA Training Limited, registered in England and Wales. DSA Training Limited is dormant.

7. Related Party Transactions

DSA Training Limited

100% subsidiary

Intercompany loan of £2,540 (2025: £2,540)

8. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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