1 January 2025 false No description of principal activity Taxfiler 2024.6 07500159business:PrivateLimitedCompanyLtd2025-01-012025-12-31 075001592024-12-31 075001592025-01-012025-12-31 07500159business:AuditExemptWithAccountantsReport2025-01-012025-12-31 07500159business:FilletedAccounts2025-01-012025-12-31 075001592025-12-31 07500159business:Director12025-01-012025-12-31 07500159business:Director22025-01-012025-12-31 07500159business:RegisteredOffice2025-01-012025-12-31 075001592024-12-31 07500159core:WithinOneYear2025-12-31 07500159core:WithinOneYear2024-12-31 07500159core:AfterOneYear2025-12-31 07500159core:AfterOneYear2024-12-31 07500159core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 07500159core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 07500159core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 07500159core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 07500159core:PreviouslyStatedAmount2025-12-31 07500159core:PreviouslyStatedAmount2024-12-31 07500159business:SmallEntities2025-01-012025-12-31 07500159countries:EnglandWales2025-01-012025-12-31 07500159core:LandBuildings2025-01-012025-12-31 07500159core:PlantMachinery2025-01-012025-12-31 07500159core:MotorVehicles2025-01-012025-12-31 07500159core:ComputerEquipment2025-01-012025-12-31 07500159core:LandBuildings2024-12-31 07500159core:PlantMachinery2024-12-31 07500159core:MotorVehicles2024-12-31 07500159core:ComputerEquipment2024-12-31 07500159core:LandBuildings2025-12-31 07500159core:PlantMachinery2025-12-31 07500159core:MotorVehicles2025-12-31 07500159core:ComputerEquipment2025-12-31 07500159core:AcceleratedTaxDepreciationDeferredTax2025-12-31 07500159core:AcceleratedTaxDepreciationDeferredTax2024-12-31 075001592023-12-31 075001592024-01-012024-12-31 07500159business:OrdinaryShareClass12025-01-012025-12-31 07500159business:OrdinaryShareClass12024-01-012024-12-31 07500159business:Director112025-01-012025-12-31 07500159business:Director112024-12-31 07500159business:Director112025-12-31 iso4217:GBP xbrli:shares xbrli:pure
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
- 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
90,429 
75,607 
Current assets
Inventories
39,895 
36,660 
Debtors
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
(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
(13,461)
(6,250)
Provisions for liabilities
Deferred tax
(22,607)
(18,834)
Net assets
300,496 
244,434 
Capital and reserves
Called up share capital
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
- 4 -
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 -