DIAGNOSTIC SERVICES AND REPAIRS LIMITED

Registered number

11190561

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED

28 February 2026

DIAGNOSTIC SERVICES AND REPAIRS LIMITED
Registered number:		11190561
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		68,399			91,199
Tangible assets	4		75,597			60,103
			143,996			151,302

Current assets
Stocks		10,000			4,500
Debtors	5	10,818			9,004
Cash at bank and in hand		29,441			35,100
		50,259			48,604

Creditors: amounts falling due within one year	6	(121,533)			(116,582)

Net current liabilities			(71,274)			(67,978)

Total assets less current liabilities			72,722			83,324

Creditors: amounts falling due after more than one year	7		-			(11,000)

Provisions for liabilities			(15,119)			(12,817)

Net assets			57,603			59,507

Capital and reserves
Called up share capital			100			100
Profit and loss account			57,503			59,407

Shareholders' funds			57,603			59,507

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved and authorised for issue by the board on 29 May 2026 and were signed on its behalf by:


A Alfano
Director

DIAGNOSTIC SERVICES AND REPAIRS LIMITED
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). 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, net of discounts and value added taxes. Revenue from the sale of goods and the provision of the service are recognised when the service has been provided and completed. The significant risks and rewards of ownership of the goods have passed to the buyer, usually on completion of the service, the amount of revenue can be measured reliably probable

	Intangible fixed assets
	Intangible fixed assets represents goodwill which represents the amount paid in connection with the acquisition of a business in 2018, and is being amortised evenly over its useful economic life of 10 years.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over 6 years
	Plant and machinery			15% reducing balance
	Motor vehicles			25% reducing balance

	Financial instruments
	The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for the objective evidence of impairment. If the objective evidence of impairment is found, an impairment loss is recognised in the profit and loss. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right of set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Judgements and key sources of estimation uncertainty
	The preparation of the financial statements required management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on the experience snd other factors, including expectations of future events that are believed to be reasonable under the circumstances.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					6		6


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 March 2025							227,999
	At 28 February 2026							227,999

	Amortisation
	At 1 March 2025							136,800
	Provided during the year							22,800
	At 28 February 2026							159,600

	Net book value
	At 28 February 2026							68,399
	At 28 February 2025							91,199

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.

4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2025	7,856		122,464		2,500		132,820
	Additions	-		-		27,148		27,148
	At 28 February 2026	7,856		122,464		29,648		159,968

	Depreciation
	At 1 March 2025	7,855		64,445		417		72,717
	Charge for the year	-		8,703		2,951		11,654
	At 28 February 2026	7,855		73,148		3,368		84,371

	Net book value
	At 28 February 2026	1		49,316		26,280		75,597
	At 28 February 2025	1		58,019		2,083		60,103


5	Debtors					2026		2025
£							£

	Trade debtors					6,370		4,173
	Other debtors					4,448		4,831
						10,818		9,004


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					11,000		28,000
	Trade creditors					20,094		9,072
	Taxation and social security costs					32,758		37,991
	Other creditors					57,681		41,519
						121,533		116,582


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		11,000


8	Loans					2026		2025
£							£
	Creditors include:

	Secured bank loans					11,000		26,667

	The bank loan is secured by a fixed and floating charge over the assets of the company.


9	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					40,000		40,000


10	Controlling party

	The ultimate controlling party is A Alfano.

11	Other information

	Diagnostic Services and Repairs Limited is a private company limited by shares and incorporated in England. Its registered office is 446a Green Lanes, London N13 5XD.