DCS Industrial Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12332498 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

DCS INDUSTRIAL LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

4

240

200

CURRENT ASSETS

Debtors

10,456,074

346,523

Cash at bank

961

25,920

10,457,035

372,443

CREDITORS

Amounts falling due within one year

9,368,898

391,439

NET CURRENT ASSETS/(LIABILITIES)

1,088,137

(18,996

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,088,377

(18,796

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,088,375

(18,798

)

SHAREHOLDERS' FUNDS

1,088,377

(18,796

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 November 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 August 2022 and were signed on its behalf by:

Mr J C Musgrave - Director

Mr M T Corney - Director

1.	STATUTORY INFORMATION

DCS Industrial Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12332498

Registered office:

Venture House

Aykley Heads

Durham

DH1 5TS

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.

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 December 2020

200

Additions

40

At 30 November 2021

240

NET BOOK VALUE

At 30 November 2021

240

At 30 November 2020

200

5.	RELATED PARTY DISCLOSURES

At 30 November 2021 £643,500 (2020: £nil) was owed to related parties.