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Company Registration No. 07500159 (England and Wales)
Denver Drilling Services Limited Unaudited accounts for the year ended 31 December 2025
Denver Drilling Services Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Denver Drilling Services Limited Company Information for the year ended 31 December 2025
Directors
Andrew Jones David Richardson
Company Number
07500159 (England and Wales)
Registered Office
Guardian House Capital Business Park Wentloog Cardiff South Glamorgan CF3 2PZ United Kingdom
Accountants
Insight Accountancy Unit 16, Lamby Way Workshops Lamby Way Cardiff CF3 2EQ
- 3 -
Denver Drilling Services Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
90,429
75,607
Current assets
Inventories
39,895
36,660
Debtors
5
254,775
230,929
Cash at bank and in hand
41,798
44,090
336,468
311,679
Creditors: amounts falling due within one year
6
(90,333)
(117,768)
Net current assets
246,135
193,911
Total assets less current liabilities
336,564
269,518
Creditors: amounts falling due after more than one year
7
(13,461)
(6,250)
Provisions for liabilities
Deferred tax
8
(22,607)
(18,834)
Net assets
300,496
244,434
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
300,396
244,334
Shareholders' funds
300,496
244,434
For the year ending 31 December 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by
Andrew Jones Director Company Registration No. 07500159
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Denver Drilling Services Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Denver Drilling Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07500159. The registered office is Guardian House Capital Business Park, Wentloog, Cardiff, South Glamorgan, CF3 2PZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% Reducing balance
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
7,207
139,040
113,865
3,671
263,783
Additions
-
21,644
19,750
-
41,394
At 31 December 2025
7,207
160,684
133,615
3,671
305,177
Depreciation
At 1 January 2025
6,118
98,701
81,148
2,209
188,176
Charge for the year
272
14,875
11,059
366
26,572
At 31 December 2025
6,390
113,576
92,207
2,575
214,748
Net book value
At 31 December 2025
817
47,108
41,408
1,096
90,429
At 31 December 2024
1,089
40,339
32,717
1,462
75,607
- 5 -
Denver Drilling Services Limited Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
81,374
111,237
Accrued income and prepayments
7,878
4,692
Other debtors
165,523
115,000
254,775
230,929
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,290
10,649
VAT
(1,936)
(2,352)
Obligations under finance leases and hire purchase contracts
5,577
4,662
Trade creditors
14,178
7,972
Taxes and social security
29,676
57,838
Other creditors
29,268
41,714
Loans from directors
5,897
(5,125)
Accruals
2,383
2,410
90,333
117,768
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
5,016
Obligations under finance leases and hire purchase contracts
13,461
1,234
13,461
6,250
8
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
22,607
18,834
2025
2024
£
£
Provision at start of year
18,834
18,834
Charged to the profit and loss account
3,773
-
Provision at end of year
22,607
18,834
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
- 6 -
Denver Drilling Services Limited Notes to the Accounts for the year ended 31 December 2025
10
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Andrew Jones
Loan
2,625
2,666
2,666
2,625
2,625
2,666
2,666
2,625
11
Average number of employees
During the year the average number of employees was 10 (2024: 10).
- 7 -