REGISTERED NUMBER: 10521371 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

DMS Kilham Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

Mr D W Sheader

Mrs R A Sheader

Registered office:

6 George Street

Driffield

East Yorkshire

YO25 6RA

Registered number:

10521371 (England and Wales)

Accountants:

Ullyott Limited

6 George Street

Driffield

East Yorkshire

YO25 6RA

FIXED ASSETS

Tangible assets

4

115,164

123,507

CURRENT ASSETS

Stocks

4,000

3,000

Debtors

5

1,320

5,328

Cash at bank

2,954

91

8,274

8,419

CREDITORS

Amounts falling due within one year

6

44,345

74,079

NET CURRENT LIABILITIES

(36,071

)

(65,660

)

TOTAL ASSETS LESS CURRENT LIABILITIES

79,093

57,847

CREDITORS

Amounts falling due after more than one year

7

(7,875

)

(21,991

)

PROVISIONS FOR LIABILITIES

(16,095

)

(12,552

)

NET ASSETS

55,123

23,304

CAPITAL AND RESERVES

Called up share capital

8

101

101

Retained earnings

55,022

23,203

SHAREHOLDERS' FUNDS

55,123

23,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by:

Mr D W Sheader - Director

1.	STATUTORY INFORMATION

DMS Kilham Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided 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.

Improvements to property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

STOCKS

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

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

26,355

123,799

22,243

1,232

173,629

Additions

-

7,050

-

1,065

8,115

At 31 December 2025

26,355

130,849

22,243

2,297

181,744

DEPRECIATION

At 1 January 2025

3,321

25,602

20,016

1,183

50,122

Charge for year

527

15,269

557

105

16,458

At 31 December 2025

3,848

40,871

20,573

1,288

66,580

NET BOOK VALUE

At 31 December 2025

22,507

89,978

1,670

1,009

115,164

At 31 December 2024

23,034

98,197

2,227

49

123,507

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

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

70,250

DEPRECIATION

At 1 January 2025

11,003

Charge for year

8,887

At 31 December 2025

19,890

NET BOOK VALUE

At 31 December 2025

50,360

At 31 December 2024

59,247

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,320

5,328

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,500

4,883

Hire purchase contracts

9,172

15,724

Corporation tax

-

3

Social security and other taxes

280

240

VAT

5,305

4,951

Directors' current accounts

23,564

46,803

Accruals and deferred income

1,524

1,475

44,345

74,079

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

7,875

12,375

Hire purchase contracts

-

9,616

7,875

21,991

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary A

£1

1

1

101

101

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D W Sheader.