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DC Access Systems Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06983004
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 106,873 152,159
106,873 152,159
CURRENT ASSETS
Debtors 5 134,162 212,031
Cash at bank and in hand - 446
134,162 212,477
Creditors: Amounts Falling Due Within One Year 6 (175,457 ) (224,219 )
NET CURRENT ASSETS (LIABILITIES) (41,295 ) (11,742 )
TOTAL ASSETS LESS CURRENT LIABILITIES 65,578 140,417
Creditors: Amounts Falling Due After More Than One Year 7 (19,241 ) (46,451 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (26,421 ) (36,409 )
NET ASSETS 19,916 57,557
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 19,816 57,457
SHAREHOLDERS' FUNDS 19,916 57,557
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Profit and Loss Account.
On behalf of the board
Mr Christopher Owen
Director
17/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
DC Access Systems Limited Registered number 06983004 is a limited by shares company incorporated in England & Wales. The Registered Office is 2a Bank Street, Tonbridge, TN9 1BL.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 33% Straight Line
Plant & Machinery 25% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 3)
2 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 459,551 160,571 15,080 880 636,082
Additions 11,542 - 44 - 11,586
As at 31 January 2026 471,093 160,571 15,124 880 647,668
Depreciation
As at 1 February 2025 355,742 119,783 8,123 275 483,923
Provided during the period 15,000 37,871 3,781 220 56,872
As at 31 January 2026 370,742 157,654 11,904 495 540,795
Net Book Value
As at 31 January 2026 100,351 2,917 3,220 385 106,873
As at 1 February 2025 103,809 40,788 6,957 605 152,159
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 41,072 79,730
Other debtors 48,990 56,727
Corporation tax recoverable assets 1,089 5,207
VAT 11,585 15,747
Director's loan account - 29,220
Amounts owed by associates 31,426 25,400
134,162 212,031
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 16,053 61,959
Bank loans and overdrafts 37,711 55,866
Corporation tax 59,871 54,335
Other taxes and social security 1,436 335
Other creditors 34,965 50,224
Accruals and deferred income 21,500 1,500
Director's loan account 3,921 -
175,457 224,219
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7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 19,241 25,257
Other creditors - 21,194
19,241 46,451
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2026 2025
£ £
Other timing differences 26,421 36,409
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr Christopher Owen 29,220 5,474 (38,615 ) - (3,921 )
The above loan is unsecured, interest free and repayable on demand.
11. Dividends
2026 2025
£ £
On equity shares:
Final dividend paid 61,290 49,665
12. Ultimate Controlling Party
The company's ultimate controlling party is the shareholders by virtue of their ownership of 100% of the issued share capital in the company.
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