D M Specialist Ltd

Financial Statements for the Year Ended 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Middleton

SECRETARY:

Mrs L M Middleton

REGISTERED OFFICE:

2 Pegasus Mews

Straton Business Park

Biggleswade

Bedfordshire

SG18 8QA

REGISTERED NUMBER:

03409222 (England and Wales)

ACCOUNTANTS:

Hargreaves Owen Ltd

Chartered Certified Accountants

Red Sky House

Fairclough Hall, Halls Green

Weston

Hertfordshire

SG4 7DP

FIXED ASSETS

Tangible assets

4

135,627

150,366

Investments

5

100

100

135,727

150,466

CURRENT ASSETS

Stocks

8,488

15,000

Debtors

6

730,270

740,953

738,758

755,953

CREDITORS

Amounts falling due within one year

7

617,117

532,413

NET CURRENT ASSETS

121,641

223,540

TOTAL ASSETS LESS CURRENT LIABILITIES

257,368

374,006

CREDITORS

Amounts falling due after more than one year

8

58,580

52,438

NET ASSETS

198,788

321,568

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

198,786

321,566

SHAREHOLDERS' FUNDS

198,788

321,568

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements were approved by the director and authorised for issue on 13 November 2025 and were signed by:

Mr D Middleton - Director

1.	STATUTORY INFORMATION

D M Specialist 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.

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Hire purchase and leasing commitments

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 25 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 August 2024

41,219

78,999

13,573

Additions

-

1,226

469

Disposals

-

-

-

At 31 July 2025

41,219

80,225

14,042

DEPRECIATION

At 1 August 2024

8,243

43,658

8,661

Charge for year

4,121

9,142

1,345

Eliminated on disposal

-

-

-

At 31 July 2025

12,364

52,800

10,006

NET BOOK VALUE

At 31 July 2025

28,855

27,425

4,036

At 31 July 2024

32,976

35,341

4,912

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 August 2024

141,717

6,959

282,467

Additions

37,418

1,672

40,785

Disposals

(33,488

)

-

(33,488

)

At 31 July 2025

145,647

8,631

289,764

DEPRECIATION

At 1 August 2024

66,280

5,259

132,101

Charge for year

24,574

1,784

40,966

Eliminated on disposal

(18,930

)

-

(18,930

)

At 31 July 2025

71,924

7,043

154,137

NET BOOK VALUE

At 31 July 2025

73,723

1,588

135,627

At 31 July 2024

75,437

1,700

150,366

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2024

and 31 July 2025

100

NET BOOK VALUE

At 31 July 2025

100

At 31 July 2024

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

154,339

213,901

Amounts recoverable on contract

9,463

37,800

Other debtors

541,772

461,729

Prepayments

24,696

27,523

730,270

740,953

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

154,339

135,770

Hire purchase contracts

27,690

31,643

Trade creditors

219,364

216,727

Corporation tax

96,170

35,737

Sundry Creditors and Accruals

1,500

18,500

Taxation & Social Security

112,444

89,859

Credit card

5,493

3,959

Directors' current accounts

117

218

617,117

532,413

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

58,580

52,438

9.

LOANS

Natwest Bank have a fixed and floating charge over the assets of the business