REGISTERED NUMBER: 01076937 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

D.A.T.S. (Holdings) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S P Hancock

T T Nickson

S J Nickson

Mrs A Nickson

SECRETARY:

S P Hancock

REGISTERED OFFICE:

1 Springfield Street

Palmyra Square

Warrington

Cheshire

WA1 1BB

REGISTERED NUMBER:

01076937 (England and Wales)

ACCOUNTANTS:

Voisey & Co LLP

Chartered Accountants

8 Winmarleigh Street

Warrington

Cheshire

WA1 1JW

FIXED ASSETS

Tangible assets

5

494,937

506,942

Investments

6

279,148

279,148

Investment property

7

586,316

593,916

1,360,401

1,380,006

CURRENT ASSETS

Stocks

9,777

9,777

Debtors

8

2,100,071

2,112,618

Cash at bank and in hand

480,873

574,630

2,590,721

2,697,025

CREDITORS

Amounts falling due within one year

9

69,171

98,402

NET CURRENT ASSETS

2,521,550

2,598,623

TOTAL ASSETS LESS CURRENT LIABILITIES

3,881,951

3,978,629

CREDITORS

Amounts falling due after more than one year

10

(2,652

)

(13,091

)

PROVISIONS FOR LIABILITIES

(128,359

)

(128,486

)

NET ASSETS

3,750,940

3,837,052

CAPITAL AND RESERVES

Called up share capital

12

16,000

16,000

Share premium

13

579

579

Revaluation reserve

13

539,629

545,722

Retained earnings

13

3,194,732

3,274,751

SHAREHOLDERS' FUNDS

3,750,940

3,837,052

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by:

S J Nickson - Director

1.	STATUTORY INFORMATION

D.A.T.S. (Holdings) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Monetary amounts in these financial statements are rounded to the nearest £.

The principal accounting policies adopted are set out below.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made include:-

Revaluation of investment property - the company carries its investment property at fair value, with changes in fair value being recognised in profit or loss. The company engaged independent valuation specialists to determine fair value at 1 August 2018. The property was valued on an open market basis. The directors have considered the valuations made and deem these valuations to still remain appropriate as the fair value of the investment properties.

The directors have considered key assumptions concerning the future and other key sources of estimation and uncertainty at the end of the reporting period and do not consider there are any areas where there is a material risk of adjustment to the carrying amounts of assets and liabilities within the next financial year.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

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.

Freehold property

-

2% straight line per annum

Fixtures and fittings

-

10% - 33% straight line per annum

The directors are maintaining the freehold property to a high standard, and its useful economic life and residual value based on current assessments is such that depreciation would not be material. Provision will be made in the Profit and Loss Account for any permanent diminution in value that arises.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Stocks

Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contribution payable are charged to the consolidated profit and loss account.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with bank, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforcible right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the net asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit or loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Foreign currencies

Transactions in foreign currency are translated at exchange rates approximating to the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the foreign exchange rate ruling at that date. Foreign exchange differences are recognised in the profit and loss account.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

575,000

13,205

588,205

DEPRECIATION

At 1 April 2024

69,000

12,263

81,263

Charge for year

11,500

505

12,005

At 31 March 2025

80,500

12,768

93,268

NET BOOK VALUE

At 31 March 2025

494,500

437

494,937

At 31 March 2024

506,000

942

506,942

6.	FIXED ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Shares in group undertakings

190,250

190,250

Other investments not loans

88,898

88,898

279,148

279,148

Additional information is as follows:

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

190,250

NET BOOK VALUE

At 31 March 2025

190,250

At 31 March 2024

190,250

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Other investments

88,898

88,898

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

593,916

Disposals

(7,600

)

At 31 March 2025

586,316

NET BOOK VALUE

At 31 March 2025

586,316

At 31 March 2024

593,916

Fair value at 31 March 2025 is represented by:

£

Valuation in 2020

1,019,716

Valuation in 2023

(422,000

)

Valuation in 2024

(3,800

)

Valuation in 2025

(7,600

)

586,316

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

31.3.25

31.3.24

£

£

Cost

344,716

344,716

A long-term leasehold was purchased on 31st March 2014 for 73 detached and semi-detached residential properties with a lease term of 999 years. The leasehold was valued on an open market value basis on 23rd July 2020 by Matthews & Goodman LLP and was valued again on 13th October 2023 by Fisher German LLP.

8.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

25,258

8,403

Other debtors

780,404

861,207

Tax

18,343

18,343

Prepayments and accrued income

14,596

14,596

838,601

902,549

Amounts falling due after more than one year:

Amounts owed by group undertakings

1,261,470

1,210,069

Aggregate amounts

2,100,071

2,112,618

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,439

10,182

Trade creditors

1,943

2,585

VAT

222

486

Directors' current accounts

11,332

11,332

Accruals and deferred income

45,232

73,816

Accrued expenses

3

1

69,171

98,402

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

2,652

10,439

Bank loans - 2-5 years

-

2,652

2,652

13,091

11.	SECURED DEBTS

The bank overdraft is secured by a legal charge over the company's freehold property and by two debentures over all other properties and assets of the company.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

16,000

Ordinary £1

£1

16,000

16,000

13.

RESERVES

Retained

Share

Revaluation

earnings

premium

reserve

Totals

£

£

£

£

At 1 April 2024

3,274,751

579

545,722

3,821,052

Deficit for the year

(26,112

)

-

-

(26,112

)

Dividends

(60,000

)

-

-

(60,000

)

Other movements

6,093

-

(6,093

)

-

At 31 March 2025

3,194,732

579

539,629

3,734,940

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr and Mrs TT Nickson.