REGISTERED NUMBER: 07297998 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

DV Ventures Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P G Trafford

Mr N G Trafford

Mr J G Trafford

Mrs S C Trafford

Mrs S Trafford

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

07297998 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,380,007

1,730,102

Investments

6

-

3,206,507

Investment property

7

8,267,326

8,267,326

9,647,333

13,203,935

CURRENT ASSETS

Debtors

8

1,465,868

1,559,535

Cash at bank

2,059,765

725,408

3,525,633

2,284,943

CREDITORS

Amounts falling due within one year

9

3,892,843

4,923,628

NET CURRENT LIABILITIES

(367,210

)

(2,638,685

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,280,123

10,565,250

CREDITORS

Amounts falling due after more than one year

10

-

1,345,581

NET ASSETS

9,280,123

9,219,669

CAPITAL AND RESERVES

Called up share capital

300

300

Share premium

6,293

6,293

Retained earnings

9,273,530

9,213,076

9,280,123

9,219,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

Mr P G Trafford - Director

1.	STATUTORY INFORMATION

DV Ventures 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.

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 amounts receivable from the letting of investment property, excluding Value Added Tax, and Renewable Heat Incentive.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

2% on cost

Plant and machinery

-

10% on cost

Motor vehicles

-

33% on cost and 33% on reducing balance

Computer equipment

-

50% on cost and 33% on cost

Investment property

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

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.

Leasing commitments

Rentals paid under operating leases are charged to the profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

1,000

AMORTISATION

At 1 July 2024

and 30 June 2025

1,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

2,200

10,192,045

90,655

17,394

10,302,294

Additions

-

79,034

-

3,440

82,474

Disposals

-

-

-

(1,200

)

(1,200

)

At 30 June 2025

2,200

10,271,079

90,655

19,634

10,383,568

DEPRECIATION

At 1 July 2024

572

8,498,523

58,046

15,051

8,572,192

Charge for year

44

418,573

11,785

2,167

432,569

Eliminated on disposal

-

-

-

(1,200

)

(1,200

)

At 30 June 2025

616

8,917,096

69,831

16,018

9,003,561

NET BOOK VALUE

At 30 June 2025

1,584

1,353,983

20,824

3,616

1,380,007

At 30 June 2024

1,628

1,693,522

32,609

2,343

1,730,102

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2024

3,206,507

Disposals

(3,235,871

)

Revaluations

29,364

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

3,206,507

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

8,267,326

NET BOOK VALUE

At 30 June 2025

8,267,326

At 30 June 2024

8,267,326

Fair value at 30 June 2025 is represented by:

£

Valuation in 2025

8,267,326

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

2025

2024

£

£

Cost

8,267,326

8,267,326

Aggregate depreciation

(2,118,509

)

(1,953,162

)

Investment property was valued on a fair value basis on 30 June 2025 by the directors .

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

43,952

61,573

Amounts owed by associates

1,255,000

1,400,000

Prepayments and accrued income

166,916

97,962

1,465,868

1,559,535

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

504,750

Trade creditors

2,333

33,889

Amounts owed to associates

3,000,000

-

Tax

295,582

196,845

Social security and other taxes

110,466

104,246

Other creditors

10,000

10,000

Directors' loan accounts

10,000

3,183,313

Accrued expenses

464,462

890,585

3,892,843

4,923,628

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

1,345,581

11.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

32,240

36,412

Between one and five years

14,557

46,797

46,797

83,209

12.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

-

1,850,331

Bank loans are secured by means of a fixed charge over the assets of the company.

13.	RELATED PARTY DISCLOSURES

During the year the company made and received payments from a company in which the directors have an interest. At the year end £1,255,000 (2024 : £1,400,000) was outstanding and this amount is included within debtors, amounts falling due within one year.