Dresler Smith Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04691735

DRESLER SMITH LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2026

DRESLER SMITH LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£

FIXED ASSETS

Tangible assets	6		19,378	39

CURRENT ASSETS

Debtors	7	72,368	78,880
Cash at bank and in hand		12,386	–
		--------	--------
		84,754	78,880

CREDITORS: amounts falling due within one year	8	( 31,672)		( 37,518)
		--------		--------
NET CURRENT ASSETS			53,082	41,362
			--------	--------
TOTAL ASSETS LESS CURRENT LIABILITIES			72,460	41,401

CREDITORS: amounts falling due after more than one year	9		( 15,519)	–

PROVISIONS

Taxation including deferred tax	( 3,683)	( 10)
	--------	--------
NET ASSETS	53,258	41,391
	--------	--------

CAPITAL AND RESERVES

Called up share capital	75	75
Capital redemption reserve	50	50
Profit and loss account	53,133	41,266
	--------	--------
SHAREHOLDERS FUNDS	53,258	41,391
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

DRESLER SMITH LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 17 August 2026 , and are signed on behalf of the board by:

D L Dresler

Director

Company registration number: 04691735

DRESLER SMITH LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Kenneth Hodgson House, 18 Park Row, Leeds, LS1 5JA, West Yorkshire.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

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

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax.

Income tax

T he taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Office Equipment	-	25% reducing balance
Fixtures & Fittings	-	25% reducing balance
Motor Vehicles	-	33% straight line
Computer Equipment	-	33% straight line

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the straight line interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit .

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 6 (2025: 6 ).

5. TAX ON PROFIT/(LOSS)

Major components of tax expense/(income)

	2026	2025
	£	£

Current tax:

Adjustments in respect of prior periods	–	( 8,360)

Deferred tax:

Origination and reversal of timing differences	3,673	–
	-------	-------
Tax on profit/(loss)	3,673	( 8,360)
	-------	-------

6. TANGIBLE ASSETS

	Office Equipment	Fixtures and fittings	Motor vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2025	782	7,198	–	5,795	13,775
Additions	–	–	25,799	–	25,799
	----	-------	--------	-------	--------
At 31 March 2026	782	7,198	25,799	5,795	39,574
	----	-------	--------	-------	--------
Depreciation
At 1 April 2025	782	7,159	–	5,795	13,736
Charge for the year	–	10	6,450	–	6,460
	----	-------	--------	-------	--------
At 31 March 2026	782	7,169	6,450	5,795	20,196
	----	-------	--------	-------	--------
Carrying amount
At 31 March 2026	–	29	19,349	–	19,378
	----	-------	--------	-------	--------
At 31 March 2025	–	39	–	–	39
	----	-------	--------	-------	--------

7. DEBTORS

	2026	2025
	£	£
Trade debtors	35,046	27,342
Other debtors	37,322	51,538
	--------	--------
	72,368	78,880
	--------	--------

8. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	3,588	4,300
Trade creditors	6,017	13,465
Social security and other taxes	17,167	15,223
Other creditors	4,900	4,530
	--------	--------
	31,672	37,518
	--------	--------

9. CREDITORS: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	15,519	–
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