Company registration number 08031476 (England and Wales)
DICENTRA DEVELOPMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
DICENTRA DEVELOPMENTS LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
DICENTRA DEVELOPMENTS LTD
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DICENTRA DEVELOPMENTS LTD FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dicentra Developments Ltd for the year ended 31 March 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Dicentra Developments Ltd, as a body, in accordance with the terms of our engagement letter dated 26 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Dicentra Developments Ltd and state those matters that we have agreed to state to the b oard of d irectors of Dicentra Developments Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dicentra Developments Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Dicentra Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Dicentra Developments Ltd. You consider that Dicentra Developments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dicentra Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Carpenter Box
29 September 2025
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
DICENTRA DEVELOPMENTS LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Current assets
Stocks
1,807,562
1,800,957
Debtors
3
60,514
58,286
Cash at bank and in hand
167,535
336,582
2,035,611
2,195,825
Creditors: amounts falling due within one year
4
(16,666)
(17,525)
Net current assets
2,018,945
2,178,300
Creditors: amounts falling due after more than one year
5
(1,269,995)
(1,399,995)
Net assets
748,950
778,305
Capital and reserves
Called up share capital
6
500,000
500,000
Profit and loss reserves
248,950
278,305
Total equity
748,950
778,305

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 29 September 2025 and are signed on its behalf by:
Mr N Daud
Director
Company registration number 08031476 (England and Wales)
DICENTRA DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Dicentra Developments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1RL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost . The principal accounting policies adopted are set out below.

1.2
Going concern

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

1.3
Stocks

Stocks and work-in-progress are related to property development that are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises all direct costs and, where applicable, direct labour costs and an appropriate portion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract basis by recording turnover and related costs as contract activity progress.

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.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks.

1.5
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.

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 cost.

Basic financial 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

DICENTRA DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Equity instruments

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

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons employed by the company during the year was 1 (2024 - 1).

3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
67
1,986
2025
2024
Amounts falling due after more than one year:
£
£
Deferred tax asset
60,447
56,300
Total debtors
60,514
58,286
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
16,666
17,525
DICENTRA DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
1,269,995
1,399,995
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
500,000
500,000
500,000
500,000
7
Related party transactions
Transactions with related parties

Included in admin expenses is £30,000 of purchase activity with an associated company, relating to management charges (2024 : £30,000).

I ncluded in other creditors due after one year is an amount owed to an associated company amounting to £1,269,995 (2024 : £1,399,995).

2025-03-31 2024-04-01 false false false 29 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr N Daud Rusa Consulting Ltd 1 08031476 2024-04-01 2025-03-31 08031476 2025-03-31 08031476 2024-03-31 08031476 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 08031476 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08031476 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 08031476 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 08031476 core:ShareCapital 2025-03-31 08031476 core:ShareCapital 2024-03-31 08031476 core:RetainedEarningsAccumulatedLosses 2025-03-31 08031476 core:RetainedEarningsAccumulatedLosses 2024-03-31 08031476 core:ShareCapitalOrdinaryShareClass1 2025-03-31 08031476 core:ShareCapitalOrdinaryShareClass1 2024-03-31 08031476 bus:Director1 2024-04-01 2025-03-31 08031476 core:WithinOneYear 2025-03-31 08031476 core:WithinOneYear 2024-03-31 08031476 core:AfterOneYear 2025-03-31 08031476 core:AfterOneYear 2024-03-31 08031476 core:CurrentFinancialInstruments 2025-03-31 08031476 core:CurrentFinancialInstruments 2024-03-31 08031476 core:Non-currentFinancialInstruments 2025-03-31 08031476 core:Non-currentFinancialInstruments 2024-03-31 08031476 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 08031476 bus:OrdinaryShareClass1 2025-03-31 08031476 bus:OrdinaryShareClass1 2024-03-31 08031476 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08031476 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08031476 bus:FRS102 2024-04-01 2025-03-31 08031476 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 08031476 bus:Director2 2024-04-01 2025-03-31 08031476 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP