Dsm Property Services Ltd. - Accounts to registrar (filleted) - small 18.2

Dsm Property Services Ltd. - Accounts to registrar (filleted) - small 18.2

DSM PROPERTY SERVICES LTD. - Company Information

Print Friendly Version

IRIS Accounts Production v21.3.0.583 11219677 director 29.2.20 28.2.21 28.2.21 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure112196772020-02-28112196772021-02-28112196772020-02-292021-02-28112196772019-02-28112196772019-03-012020-02-28112196772020-02-2811219677ns16:EnglandWales2020-02-292021-02-2811219677ns15:PoundSterling2020-02-292021-02-2811219677ns11:Director12020-02-292021-02-2811219677ns11:PrivateLimitedCompanyLtd2020-02-292021-02-2811219677ns11:SmallEntities2020-02-292021-02-2811219677ns11:AuditExempt-NoAccountantsReport2020-02-292021-02-2811219677ns11:SmallCompaniesRegimeForDirectorsReport2020-02-292021-02-2811219677ns11:SmallCompaniesRegimeForAccounts2020-02-292021-02-2811219677ns11:FullAccounts2020-02-292021-02-2811219677ns11:CompanySecretary12020-02-292021-02-2811219677ns11:RegisteredOffice2020-02-292021-02-2811219677ns6:CurrentFinancialInstruments2021-02-2811219677ns6:CurrentFinancialInstruments2020-02-2811219677ns6:Non-currentFinancialInstruments2021-02-2811219677ns6:Non-currentFinancialInstruments2020-02-2811219677ns6:ShareCapital2021-02-2811219677ns6:ShareCapital2020-02-2811219677ns6:RetainedEarningsAccumulatedLosses2021-02-2811219677ns6:RetainedEarningsAccumulatedLosses2020-02-2811219677ns6:LandBuildings2020-02-2811219677ns6:LeaseholdImprovements2020-02-2811219677ns6:LandBuildings2020-02-292021-02-2811219677ns6:LeaseholdImprovements2020-02-292021-02-2811219677ns6:LandBuildings2021-02-2811219677ns6:LeaseholdImprovements2021-02-2811219677ns6:LandBuildings2020-02-2811219677ns6:LeaseholdImprovements2020-02-28
REGISTERED NUMBER: 11219677 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

FOR

DSM PROPERTY SERVICES LTD.
DSM PROPERTY SERVICES LTD. (REGISTERED NUMBER: 11219677)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DSM PROPERTY SERVICES LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2021







DIRECTOR: Ms D S Mason





SECRETARY: Ms S M Mason





REGISTERED OFFICE: 34 Dockside House
4 Park Street
London
SW6 2FN





REGISTERED NUMBER: 11219677 (England and Wales)





ACCOUNTANTS: Smith Wilson Limited
2A Acomb Court
Acomb
York
North Yorkshire
YO24 3BJ
Page 1
DSM PROPERTY SERVICES LTD. (REGISTERED NUMBER: 11219677)

BALANCE SHEET
28 FEBRUARY 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 132,736 115,631

CURRENT ASSETS
Cash at bank 29,713 250

CREDITORS
Amounts falling due within one year 5 129,376 120,618
NET CURRENT LIABILITIES (99,663 ) (120,368 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
33,073
(4,737
)

CREDITORS
Amounts falling due after more than one year 6 50,000 -
NET LIABILITIES (16,927 ) (4,737 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (16,928 ) (4,738 )
SHAREHOLDERS' FUNDS (16,927 ) (4,737 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 26 November 2021 and were signed by:





Ms D S Mason - Director


The notes form part of these financial statements

Page 2
DSM PROPERTY SERVICES LTD. (REGISTERED NUMBER: 11219677)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2021

1. STATUTORY INFORMATION

Dsm Property Services 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Going concern
The director has formed the judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Company has sufficient access to financial resources which, together with internally generated cash flows, will continue to provide sufficient sources of liquidity to fund its current operations including its contractual and commercial commitments and the Company is well placed to manage its business risks successfully, despite the current economic outlook.

For this reason, the director continues to adopt the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - NIL ) .

Page 3 continued...
DSM PROPERTY SERVICES LTD. (REGISTERED NUMBER: 11219677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2021

4. TANGIBLE FIXED ASSETS
Freehold Property
property Improvements Totals
£    £    £   
COST
At 29 February 2020 82,000 33,631 115,631
Additions - 17,105 17,105
At 28 February 2021 82,000 50,736 132,736
NET BOOK VALUE
At 28 February 2021 82,000 50,736 132,736
At 28 February 2020 82,000 33,631 115,631

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 65,978 65,978
Other creditors 63,398 54,640
129,376 120,618

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans 50,000 -

Page 4