DM Recycling Services Limited


Directors	Mr D Marenghi
	Mrs T Marenghi


Company Secretary	MARENGHI, Tracey Helen


Registered Address	226 Merthyr Road
	Pontypridd
	CF37 4DW


Registered Number	05981266 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		82,720		108,236
			82,720		108,236
Current assets
Debtors	5	105,796		109,787
Cash at bank and on hand		14,015		50,443
		119,811		160,230
Creditors amounts falling due within one year	6	(52,125)		(57,695)
Net current assets (liabilities)			67,686		102,535
Total assets less current liabilities			150,406		210,771
Creditors amounts falling due after one year	7		-		(2,470)
Provisions for liabilities	9		(16,168)		(23,589)
Net assets			134,238		184,712
Capital and reserves
Called up share capital			60		60
Profit and loss account			134,178		184,652
Shareholders' funds			134,238		184,712

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 26 August 2026, and are signed on its behalf by:

Mr D Marenghi
Director
Registered Company No. 05981266

DM Recycling Services Limited

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	DM Recycling 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. The presentation currency of the financial statements is the Pound Sterling (£).

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

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

	Current taxation
	Current tax is recognised in the profit and loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current tax represents the amount of tax payable in respect of taxable profit for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date.

Current taxation

Current tax is recognised in the profit and loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current tax represents the amount of tax payable in respect of taxable profit for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred taxation assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred taxation assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Goodwill
	Goodwill, being the amount paid in connection with the acquisition of the business in 2006, has been amortised evenly over its estimated useful life of ten years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price, plus any costs directly attributable to bringing the asset to its working condition for intended use. Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price, plus any costs directly attributable to bringing the asset to its working condition for intended use. Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Office Equipment	15

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 December 24	9,000
	At 30 November 25	9,000
	Amortisation and impairment
	At 01 December 24	9,000
	At 30 November 25	9,000
	Net book value
	At 30 November 25	-
	At 30 November 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 December 24	516,138
	Additions	9,916
	Disposals	(6,675)
	At 30 November 25	519,379
	Depreciation and impairment
	At 01 December 24	407,902
	Charge for year	33,343
	On disposals	(4,586)
	At 30 November 25	436,659
	Net book value
	At 30 November 25	82,720
	At 30 November 24	108,236


	Fixed assets included in the above which are held under hire purchase contracts had a depreciation charge of £5,926 (2023: £375) and a carried forward net book value of £11,669 (2023: £17,615).

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	45,368	17,430
Other debtors	60,428	74,610
Prepayments and accrued income	-	17,747
Total	105,796	109,787

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	8,774	11,490
Taxation and social security	23,463	35,482
Finance lease and HP contracts	2,470	2,564
Other creditors	17,418	8,159
Total	52,125	57,695

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	-	2,470
Total	-	2,470

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	2,470		5,034

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	16,168	23,589
Total	16,168	23,589