REGISTERED NUMBER: 04180790 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

DS Machining Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Smith

Ms D M Smith

REGISTERED OFFICE:

The Engineering Works

Bowling Road

Chipping Sodbury

Bristol

BS37 6EP

REGISTERED NUMBER:

04180790 (England and Wales)

ACCOUNTANTS:

Stanley Joseph Limited

Chartered Accountants

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

133,066

79,347

133,066

79,347

CURRENT ASSETS

Stocks

30,000

40,000

Debtors

6

388,893

268,979

Cash at bank and in hand

70,959

87,985

489,852

396,964

CREDITORS

Amounts falling due within one year

7

221,032

194,220

NET CURRENT ASSETS

268,820

202,744

TOTAL ASSETS LESS CURRENT LIABILITIES

401,886

282,091

CREDITORS

Amounts falling due after more than one year

8

(91,015

)

(40,258

)

PROVISIONS FOR LIABILITIES

(33,310

)

(17,956

)

NET ASSETS

277,561

223,877

CAPITAL AND RESERVES

Called up share capital

40

40

Capital redemption reserve

60

60

Retained earnings

277,461

223,777

277,561

223,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

2 the Board of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by:

P J Smith - Director

Ms D M Smith - Director

1.	STATUTORY INFORMATION

DS Machining Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2025 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

57,500

AMORTISATION

At 1 April 2025

and 31 March 2026

57,500

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

70,418

545,289

45,440

6,948

668,095

Additions

-

74,075

-

1,847

75,922

At 31 March 2026

70,418

619,364

45,440

8,795

744,017

DEPRECIATION

At 1 April 2025

69,884

501,928

12,061

4,875

588,748

Charge for year

134

12,572

8,344

1,153

22,203

At 31 March 2026

70,018

514,500

20,405

6,028

610,951

NET BOOK VALUE

At 31 March 2026

400

104,864

25,035

2,767

133,066

At 31 March 2025

534

43,361

33,379

2,073

79,347

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

-

26,490

26,490

Additions

73,250

-

73,250

At 31 March 2026

73,250

26,490

99,740

DEPRECIATION

At 1 April 2025

-

1,104

1,104

Charge for year

1,526

6,347

7,873

At 31 March 2026

1,526

7,451

8,977

NET BOOK VALUE

At 31 March 2026

71,724

19,039

90,763

At 31 March 2025

-

25,386

25,386

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

387,336

220,872

Amounts owed by associates

-

46,000

Other debtors

1,557

2,107

388,893

268,979

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

59,610

Hire purchase contracts

21,273

6,623

Trade creditors

87,852

49,013

Taxation and social security

100,742

63,133

Other creditors

11,165

15,841

221,032

194,220

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

21,494

21,494

Hire purchase contracts

69,521

18,764

91,015

40,258

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £33,200 were paid to the directors .