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REGISTERED NUMBER: 14118320 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

DSC Investments Ltd

DSC Investments Ltd (Registered number: 14118320)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DSC Investments Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: D S Campbell





REGISTERED OFFICE: Unit 17
Eagle Park
Alfreton Road
Derby
Derbyshire
DE21 4BF





REGISTERED NUMBER: 14118320 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

DSC Investments Ltd (Registered number: 14118320)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,725 -
Investments 5 21,325,908 19,244,614
Investment property 6 281,185 281,185
21,658,818 19,525,799

CURRENT ASSETS
Debtors 7 104,572 472
Cash at bank 835,660 1,132,848
940,232 1,133,320
CREDITORS
Amounts falling due within one year 8 255,641 16,046
NET CURRENT ASSETS 684,591 1,117,274
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,343,409

20,643,073

PROVISIONS FOR LIABILITIES 9 339,683 110,216
NET ASSETS 22,003,726 20,532,857

CAPITAL AND RESERVES
Called up share capital 20,000,000 20,000,000
Fair value reserve 10 970,419 346,772
Retained earnings 10 1,033,307 186,085
22,003,726 20,532,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

DSC Investments Ltd (Registered number: 14118320)

Balance Sheet - continued
31 May 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 February 2025 and were signed by:





D S Campbell - Director


DSC Investments Ltd (Registered number: 14118320)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

DSC Investments 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents dividends, interest and other investment income receivable. Income is recognised when it becomes due to the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is not depreciated but is revalued annually at its fair value in accordance with the Financial Reporting Standard 102 (Section 1A). Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account and transferred to a fair value reserve.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date including provision for potential tax arising on investment revaluations.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Fixed asset investments
Listed investments are valued at their fair value at the balance sheet date and any changes in their fair
value between the previous year end or acquisition, as applicable are recognised in the profit and loss
account and transferred to a fair value reserve,

Related parties
The company is a wholly owned subsidiary undertaking of DSC Investments (Holdings) Limited. The company has taken advantage of the exemption contained within Section 1A "Small Entities" of Financial Reporting Standard 102 and has therefore not disclosed transactions with entities which form part of the group, other than as normally disclosed in the notes to the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

DSC Investments Ltd (Registered number: 14118320)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 75,774 1,167 76,941
Disposals (22,284 ) - (22,284 )
At 31 May 2024 53,490 1,167 54,657
DEPRECIATION
Charge for year 2,675 257 2,932
At 31 May 2024 2,675 257 2,932
NET BOOK VALUE
At 31 May 2024 50,815 910 51,725

5. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Other investments not loans 21,325,908 19,244,614

Additional information is as follows:
Listed
investments
£   
COST OR VALUATION
At 1 June 2023 19,244,614
Additions 16,492,763
Disposals (15,253,368 )
Revaluations 836,904
At 31 May 2024 21,320,913
NET BOOK VALUE
At 31 May 2024 21,320,913
At 31 May 2023 19,244,614

Cost or valuation at 31 May 2024 is represented by:

Listed
investments
£   
Valuation in 2024 21,320,913

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Other investments 4,995 -

If fixed asset investments had not been revalued they would have been included at a cost of £20,032,015 [2023: £18,787,626]

DSC Investments Ltd (Registered number: 14118320)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 281,185
NET BOOK VALUE
At 31 May 2024 281,185
At 31 May 2023 281,185

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 281,185

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 281,185 281,185
Aggregate depreciation (8,904 ) (3,280 )

Investment property was valued on a fair value basis on 31 May 2024 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 103,750 -
Prepayments 822 472
104,572 472

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to related parties 58,818 -
Tax 169,945 7,046
Social security and other taxes 336 -
Directors' current accounts 12,142 -
Accrued expenses 14,400 9,000
255,641 16,046

DSC Investments Ltd (Registered number: 14118320)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 12,931 114,247
Revaluation of investments 323,473 -
Other timing differences 3,279 (4,031 )
339,683 110,216

Deferred
tax
£   
Balance at 1 June 2023 110,216
Provided during year 229,467
Balance at 31 May 2024 339,683

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 June 2023 186,085 346,772 532,857
Profit for the year 1,567,869 1,567,869
Dividends (97,000 ) (97,000 )
Transfer (623,647 ) 623,647 -
At 31 May 2024 1,033,307 970,419 2,003,726