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REGISTERED NUMBER: OC311959 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

DCI Property LLP

DCI Property LLP (Registered number: OC311959)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

General Information | 1 |

Report of the Members | 2 |

Accountants' Report | 3 |

Income Statement | 4 |

Balance Sheet | 5 |

Reconciliation of Members' Interests | 7 |

Notes to the Financial Statements | 9 |

DCI Property LLP

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | Mrs L J Drain

| Mr J Drain

| REGISTERED OFFICE: | Warrior Business Centre

| Fitzherbert Road

| Farlington

| Portsmouth

| Hampshire

| PO6 1TX

| REGISTERED NUMBER: | OC311959 (England and Wales)

| ACCOUNTANTS: | Talbot Accounting Solutions LLP

| Bartley Cottage

| Ringwood Road

| Bartley

| Southampton

| Hampshire

| SO40 7LD

DCI Property LLP (Registered number: OC311959)

Report of the Members

for the Year Ended 31 March 2025

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of property investment.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mrs L J Drain

Mr J Drain

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £17,331 (2024 - £658,633 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr J Drain - Designated member

31 October 2025

Accountants' Report to the Members

on the Unaudited Financial Statements of

DCI Property LLP

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of DCI Property LLP for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us.

This report is made solely to the members of DCI Property LLP, as a body, in accordance with the terms of our engagement letter dated 4 March 2022. Our work has been undertaken solely to prepare for your approval the financial statements of DCI Property LLP and state those matters that we have agreed to state to the members of DCI Property LLP, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that DCI Property LLP 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 profit of DCI Property LLP. You consider that DCI Property LLP 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 DCI Property LLP. 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 financial statements.

Talbot Accounting Solutions LLP

Bartley Cottage

Ringwood Road

Bartley

Southampton

Hampshire

SO40 7LD

31 October 2025

DCI Property LLP (Registered number: OC311959)

Income Statement

for the Year Ended 31 March 2025

| 31.3.25 |  | 31.3.24

£ | £ |

TURNOVER | 96,752 |  | 169,781 |  |

Administrative expenses | 70,557 |  | (492,858 | ) |

OPERATING PROFIT | 26,195 |  | 662,639 |  |

Interest payable and similar expenses | 8,864 |  | 4,006 |  |

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS | 17,331 |  | 658,633 |  |

DCI Property LLP (Registered number: OC311959)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 128,292 |  | 153 |  |

Investment property | 5 | 1,021,692 |  | 1,021,692 |  |

1,149,984 |  | 1,021,845 |  |

CURRENT ASSETS

Debtors | 6 | 283,788 |  | 240,705 |  |

Cash at bank | 10,398 |  | 878,327 |  |

294,186 |  | 1,119,032 |  |

CREDITORS

Amounts falling due within one year | 7 | 23,197 |  | 23,535 |  |

NET CURRENT ASSETS | 270,989 |  | 1,095,497 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,420,973 |  | 2,117,342 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 78,435 |  | - |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 1,342,538 |  | 2,117,342 |  |

DCI Property LLP (Registered number: OC311959)

Balance Sheet - continued

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 9 | 932,412 |  | 1,707,216 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 410,126 |  | 410,126 |  |

1,342,538 |  | 2,117,342 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 9 | 932,412 |  | 1,707,216 |  |

Members' other interests | 410,126 |  | 410,126 |  |

Amounts due from members | 6 | (247,150 | ) | - |  |

1,095,388 |  | 2,117,342 |  |

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 31 October 2025 and were signed by:

Mr J Drain - Designated member

DCI Property LLP (Registered number: OC311959)

Reconciliation of Members' Interests

for the Year Ended 31 March 2025

| EQUITY

| Members' other interests

| Members' |

| capital |

| (classified |

| as |  | Other |

| equity) |  | reserves |  | Total

£ | £ | £ |

Balance at 1 April 2024 | 410,126 |  | - |  | 410,126 |  |

Profit for the financial year available for discretionary division among members | - |  | 17,331 |  | 17,331 |  |

Members' interests after profit for the year | 410,126 |  | 17,331 |  | 427,457 |  |

Other divisions of profit | - |  | (17,331 | ) | (17,331 | ) |

Drawings on account and distributions of profit | - |  | - |  | - |  |

Balance at 31 March 2025 | 410,126 |  | - |  | 410,126 |  |

| DEBT | TOTAL

| Loans and other debts due to | MEMBERS'

| members less any amounts due | INTERESTS

| from members in debtors |

| Other |

| amounts |  | Total

£ | £ |

Amount due to members | - |  |

Amount due from members | - |  |

Balance at 1 April 2024 | - |  | 410,126 |  |

Profit for the financial year available for discretionary division among members | - |  | 17,331 |  |

Members' interests after profit for the year | - |  | 427,457 |  |

Other divisions of profit | 17,331 |  | - |  |

Drawings on account and distributions of profit | 667,931 |  | 667,931 |  |

Amount due to members | 932,412 |  |

Amount due from members | (247,150 | ) |

Balance at 31 March 2025 | 685,262 |  | 1,095,388 |  |

DCI Property LLP (Registered number: OC311959)

Reconciliation of Members' Interests

for the Year Ended 31 March 2025

| EQUITY

| Members' other interests

| Members' |

| capital |

| (classified |

| as |  | Other |

| equity) |  | reserves |  | Total

£ | £ | £ |

Balance at 1 April 2023 | 410,126 |  | - |  | 410,126 |  |

Profit for the financial year available for discretionary division among members | - |  | 658,633 |  | 658,633 |  |

Members' interests after profit for the year | 410,126 |  | 658,633 |  | 1,068,759 |  |

Other divisions of profit | - |  | (658,633 | ) | (658,633 | ) |

Introduced by members | - |  | - |  | - |  |

Balance at 31 March 2024 | 410,126 |  | - |  | 410,126 |  |

| DEBT | TOTAL

| Loans and other debts due to | MEMBERS'

| members less any amounts due | INTERESTS

| from members in debtors |

| Other |

| amounts |  | Total

£ | £ |

Amount due to members | 1,137,929 |  |

Amount due from members | - |  |

Balance at 1 April 2023 | 1,137,929 |  | 1,548,055 |  |

Profit for the financial year available for discretionary division among members | - |  | 658,633 |  |

Members' interests after profit for the year | 1,137,929 |  | 2,206,688 |  |

Other divisions of profit | 658,633 |  | - |  |

Introduced by members | (89,346 | ) | (89,346 | ) |

Amount due to members | 1,707,216 |  |

Amount due from members | - |  |

Balance at 31 March 2024 | 1,707,216 |  | 2,117,342 |  |

DCI Property LLP (Registered number: OC311959)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| DCI Property LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with the Statement of Recommended

| Practice "Accounting by Limited Liability Partnerships" issued in December 2018, together 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 limited liability partnership. Monetary a mounts in these financial statements are rounded to the nearest £.

| The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

| Turnover

| Turnover represents rents receivable in the year.

| 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 etc | - | 25% on reducing balance

| Investment property

| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially

| recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

| Financial instruments

| The limited liability partnership 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 limited liability partnership's statement of financial position

| when the limited liability partnership becomes party to the contractual provisions of the instrument.

| 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 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 publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

DCI Property LLP (Registered number: OC311959)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Impairment of financial assets

| Financial assets, other than those held at fair value through profit and 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.

| If there is a decrease in the impairment loss arising from an event occurring after the impairment was

| recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal 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 limited liability partnership 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 limited liability partnership 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Other financial liabilities

| Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

| Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as fair value through profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when the limited liability partnership's obligations expire or are

| discharged or cancelled.

DCI Property LLP (Registered number: OC311959)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Members' participating interests

| Members' participation rights are the rights of a member against the LLP that arise under the m embers' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).

| Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

| Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as 'Loans and other debts due to members' to the extent they exceed debts due from a specific member.

| Impairment of fixed assets

| At each reporting period end date, the limited liability partnership reviews the carrying amounts of its

| tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the limited liability partnership estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Cash and cash equivalents

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

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was 2 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024 | 10,735 |  |

| Additions | 170,903 |  |

| At 31 March 2025 | 181,638 |  |

| DEPRECIATION

| At 1 April 2024 | 10,582 |  |

| Charge for year | 42,764 |  |

| At 31 March 2025 | 53,346 |  |

| NET BOOK VALUE

| At 31 March 2025 | 128,292 |  |

| At 31 March 2024 | 153 |  |

DCI Property LLP (Registered number: OC311959)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 1,021,692 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,021,692 |  |

| At 31 March 2024 | 1,021,692 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 36,638 |  | 26,205 |  |

| Other debtors | 247,150 |  | 214,500 |  |

283,788 |  | 240,705 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase contracts | 216 |  | - |  |

| Amounts owed to group undertakings | 1,862 |  | 1,862 |  |

| Taxation and social security | 1,139 |  | 1,694 |  |

| Other creditors | 19,980 |  | 19,979 |  |

23,197 |  | 23,535 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase contracts | 78,435 |  | - |  |

| Net obligations under finance lease and hire purchase contracts of £78,687 (2024 - £nil) are secured by fixed charges on the assets concerned and are included within other creditors falling due in more than one year.

| The long-term loans are secured by fixed charges over the investment properties.

DCI Property LLP (Registered number: OC311959)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed to members in respect of profits | 932,412 |  | 658,633 |  |

| Other | - |  | 1,048,583 |  |

932,412 |  | 1,707,216 |  |

| Falling due within one year | 932,412 |  | 658,633 |  |

| Falling due after more than one year | - |  | 1,048,583 |  |

932,412 |  | 1,707,216 |  |

| In the event of a winding up the amounts in "Loans and other debts due to members" will rank equally with unsecured creditors.