DME Building Services Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 13232168 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2023

for

DME Building Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Jamie Abdilla

REGISTERED OFFICE:

Character Mailing

Heysham Road

Aintree

Liverpool

Merseyside

L70 1JL

REGISTERED NUMBER:

13232168 (England and Wales)

ACCOUNTANTS:

LJS Accounting Services (UK) Ltd

Unit 5, 1st Floor

Connect Business Village

24 Derby Road

Liverpool

Merseyside

L5 9PR

FIXED ASSETS

Tangible assets

4

21,071

6,916

CURRENT ASSETS

Work in Progress

2,500

5,000

Debtors

5

217,417

133,679

Cash at bank

173,955

130,334

393,872

269,013

CREDITORS

Amounts falling due within one year

6

360,028

239,536

NET CURRENT ASSETS

33,844

29,477

TOTAL ASSETS LESS CURRENT LIABILITIES

54,915

36,393

PROVISIONS FOR LIABILITIES

4,004

1,314

NET ASSETS

50,911

35,079

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

50,811

34,979

50,911

35,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 22 May 2023 and were signed by:

Mr Jamie Abdilla - Director

1.	STATUTORY INFORMATION

DME Building 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.

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.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress 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 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.

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 8 (2022 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2022

6,646

-

1,002

7,648

Additions

-

17,310

572

17,882

At 28 February 2023

6,646

17,310

1,574

25,530

DEPRECIATION

At 1 March 2022

665

-

67

732

Charge for year

1,196

2,287

244

3,727

At 28 February 2023

1,861

2,287

311

4,459

NET BOOK VALUE

At 28 February 2023

4,785

15,023

1,263

21,071

At 28 February 2022

5,981

-

935

6,916

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Trade debtors

209,540

109,245

Other debtors

7,877

24,434

217,417

133,679

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Trade creditors

243,783

164,371

Taxation and social security

33,612

25,669

Other creditors

82,633

49,496

360,028

239,536