6 4 DS Studios Limited 07282547 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is that of dental practitioner. Digita Accounts Production Advanced 6.30.9574.0 true true 07282547 2024-04-01 2025-03-31 07282547 2025-03-31 07282547 bus:Director2 2025-03-31 07282547 bus:Director3 2025-03-31 07282547 bus:Director4 2025-03-31 07282547 bus:Director5 2025-03-31 07282547 bus:OrdinaryShareClass1 2025-03-31 07282547 core:CurrentFinancialInstruments 2025-03-31 07282547 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07282547 core:Non-currentFinancialInstruments 2025-03-31 07282547 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 07282547 core:Goodwill 2025-03-31 07282547 core:ComputerEquipment 2025-03-31 07282547 core:FurnitureFittings 2025-03-31 07282547 core:LandBuildings core:ShortLeaseholdAssets 2025-03-31 07282547 core:PlantMachinery 2025-03-31 07282547 bus:SmallEntities 2024-04-01 2025-03-31 07282547 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07282547 bus:FilletedAccounts 2024-04-01 2025-03-31 07282547 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07282547 bus:RegisteredOffice 2024-04-01 2025-03-31 07282547 bus:Director2 2024-04-01 2025-03-31 07282547 bus:Director3 2024-04-01 2025-03-31 07282547 bus:Director4 2024-04-01 2025-03-31 07282547 bus:Director5 2024-04-01 2025-03-31 07282547 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 07282547 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07282547 core:Goodwill 2024-04-01 2025-03-31 07282547 core:ComputerEquipment 2024-04-01 2025-03-31 07282547 core:FurnitureFittings 2024-04-01 2025-03-31 07282547 core:LandBuildings 2024-04-01 2025-03-31 07282547 core:LandBuildings core:ShortLeaseholdAssets 2024-04-01 2025-03-31 07282547 core:PlantMachinery 2024-04-01 2025-03-31 07282547 countries:AllCountries 2024-04-01 2025-03-31 07282547 2024-03-31 07282547 core:Goodwill 2024-03-31 07282547 core:ComputerEquipment 2024-03-31 07282547 core:FurnitureFittings 2024-03-31 07282547 core:LandBuildings core:ShortLeaseholdAssets 2024-03-31 07282547 core:PlantMachinery 2024-03-31 07282547 2023-04-01 2024-03-31 07282547 2024-03-31 07282547 bus:OrdinaryShareClass1 2024-03-31 07282547 core:CurrentFinancialInstruments 2024-03-31 07282547 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07282547 core:Non-currentFinancialInstruments 2024-03-31 07282547 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 07282547 core:ComputerEquipment 2024-03-31 07282547 core:FurnitureFittings 2024-03-31 07282547 core:LandBuildings core:ShortLeaseholdAssets 2024-03-31 07282547 core:PlantMachinery 2024-03-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 07282547

DS Studios Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

DS Studios Limited

Contents

Company Information | 1
Director's Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 10

DS Studios Limited

Company Information

Director | Dr Sam Jordan Sherif

Registered office | Westwood Chander Hill Holymoorside Chesterfield S42 7BW

DS Studios Limited

Director's Report for the Year Ended 31 March 2025

The report and the financial statements for the year ended 31 March 2025.

Directors of the company

The directors who held office during the year were as follows:

Dr Jagdeep Singh Hans (ceased 6 November 2025)

Jacqueline Harris Barclay (appointed 31 January 2025 and ceased 6 November 2025)

Harvey Bertenshaw Ainley (appointed 29 May 2024 and ceased 6 November 2025)

The following director was appointed after the year end:

Dr Sam Jordan Sherif (appointed 6 November 2025)

Principal activity

The principal activity of the company is that of dental practitioner.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company can remain a viable, going concern for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing the financial statements.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 13 July 2026

Dr Sam Jordan Sherif Director

DS Studios Limited

(Registration number: 07282547)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | (As restated) 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 6,115 | 8,561
Current assets |  |  |
Stocks | 6 | 6,490 | 8,930
Debtors | 7 | 62,516 | 72,723
Cash at bank and in hand |  | 11,630 | 2,713
|  | 80,636 | 84,366
Creditors: Amounts falling due within one year | 8 | (155,070) | (71,242)
Net current (liabilities)/assets |  | (74,434) | 13,124
Total assets less current liabilities |  | (68,319) | 21,685
Creditors: Amounts falling due after more than one year | 8 | - | (162)
Provisions for liabilities |  | (1,529) | (2,140)
Net (liabilities)/assets |  | (69,848) | 19,383
Capital and reserves |  |  |
Called up share capital | 9 | 110 | 110
Retained earnings |  | (69,958) | 19,273
Shareholders' (deficit)/funds |  | (69,848) | 19,383

For the financial year ending 31 March 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Director's Report.

Approved and authorised by the director on 13 July 2026

Dr Sam Jordan Sherif Director

DS Studios Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Westwood Chander Hill
Holymoorside
Chesterfield
S42 7BW

These financial statements were authorised for issue by the director on 13 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in GBP, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Judgements in applying accounting policies and key sources of estimation

In the application of the Company's accounting policies, which are described in this note, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Management believe there are no significant areas of estimation uncertainty.

Going concern

The financial statements have been prepared on a going concern basis.

DS Studios Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:

• The amount of revenue can be reliably measured;
• it is probable that future economic benefits will flow to the entity;
• and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised directly in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

• The recognition of deferred tax asset is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future profits; and
• Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold Land and Buildings | 10.00% Straight Line
Fixtures and Fittings | 20.00% Straight Line
Computer Equipment | 20.00% Straight Line
Plant and Machinery | 20.00% Straight Line

DS Studios Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 10.00% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

DS Studios Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as an employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2024 - 4).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 April 2024 | 184,998 | 184,998
At 31 March 2025 | 184,998 | 184,998
Amortisation
At 1 April 2024 | 184,998 | 184,998
At 31 March 2025 | 184,998 | 184,998
Carrying amount
At 31 March 2025 | - | -

DS Studios Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5 | Tangible assets

| Short leasehold land and buildings £ | Fixtures and fittings £ | Plant and machinery £ | Computer equipment £ | Total £
Cost or valuation
At 1 April 2024 | 129,687 | 390,400 | 1,431 | 12,296 | 533,814
Additions | - | 1,096 | 1,628 | 473 | 3,197
At 31 March 2025 | 129,687 | 391,496 | 3,059 | 12,769 | 537,011
Depreciation
At 1 April 2024 | 129,687 | 384,785 | 286 | 10,495 | 525,253
Charge for the year | - | 3,272 | 506 | 1,865 | 5,643
At 31 March 2025 | 129,687 | 388,057 | 792 | 12,360 | 530,896
Carrying amount
At 31 March 2025 | - | 3,439 | 2,267 | 409 | 6,115
At 31 March 2024 | - | 5,615 | 1,145 | 1,801 | 8,561

DS Studios Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 6,490 | 8,930

7 | Debtors

Current | Note | 2025 £ | (As restated) 2024 £
Trade debtors |  | 11,922 | 13,448
Amounts owed by related parties |  | - | 35,889
Prepayments |  | 21,512 | 22,211
Other debtors |  | 29,082 | 1,175
|  | 62,516 | 72,723

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 54,138 | 37,012
Taxation and social security | 35,220 | 3,252
Accruals and deferred income | 7,298 | 8,827
Other creditors | 58,414 | 22,151
| 155,070 | 71,242

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 10 | - | 162

DS Studios Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 110 | 110 | 110 | 110

10 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | - | 162