Silverfin false false 30/06/2025 01/07/2024 30/06/2025 Naima Allcock 25/10/2024 10/09/2021 Michael James Crompton-Holgate 15/07/2015 Steven Ronold Peter Gallin 27/05/2015 Andrew Stephen Reynolds 26/10/2019 Luke Foy Rogers 06/03/2017 05 December 2025 The principal activity of the Company during the financial year was that of Industrial sewing products for multiple industries including light engineering and assembly activities, along with the running of a mobility showroom on site selling products to the local community. 09610336 2025-06-30 09610336 bus:Director1 2025-06-30 09610336 bus:Director2 2025-06-30 09610336 bus:Director3 2025-06-30 09610336 bus:Director4 2025-06-30 09610336 bus:Director5 2025-06-30 09610336 2024-06-30 09610336 core:CurrentFinancialInstruments 2025-06-30 09610336 core:CurrentFinancialInstruments 2024-06-30 09610336 core:Non-currentFinancialInstruments 2025-06-30 09610336 core:Non-currentFinancialInstruments 2024-06-30 09610336 core:RetainedEarningsAccumulatedLosses 2025-06-30 09610336 core:RetainedEarningsAccumulatedLosses 2024-06-30 09610336 core:OtherResidualIntangibleAssets 2024-06-30 09610336 core:OtherResidualIntangibleAssets 2025-06-30 09610336 core:PlantMachinery 2024-06-30 09610336 core:FurnitureFittings 2024-06-30 09610336 core:OfficeEquipment 2024-06-30 09610336 core:ComputerEquipment 2024-06-30 09610336 core:PlantMachinery 2025-06-30 09610336 core:FurnitureFittings 2025-06-30 09610336 core:OfficeEquipment 2025-06-30 09610336 core:ComputerEquipment 2025-06-30 09610336 core:CurrentFinancialInstruments core:Secured 2025-06-30 09610336 2024-07-01 2025-06-30 09610336 bus:FilletedAccounts 2024-07-01 2025-06-30 09610336 bus:SmallEntities 2024-07-01 2025-06-30 09610336 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 09610336 bus:CompanyLimitedByGuarantee 2024-07-01 2025-06-30 09610336 bus:Director1 2024-07-01 2025-06-30 09610336 bus:Director2 2024-07-01 2025-06-30 09610336 bus:Director3 2024-07-01 2025-06-30 09610336 bus:Director4 2024-07-01 2025-06-30 09610336 bus:Director5 2024-07-01 2025-06-30 09610336 core:OtherResidualIntangibleAssets core:TopRangeValue 2024-07-01 2025-06-30 09610336 core:OtherResidualIntangibleAssets 2024-07-01 2025-06-30 09610336 core:PlantMachinery core:BottomRangeValue 2024-07-01 2025-06-30 09610336 core:PlantMachinery core:TopRangeValue 2024-07-01 2025-06-30 09610336 core:FurnitureFittings core:TopRangeValue 2024-07-01 2025-06-30 09610336 core:OfficeEquipment core:TopRangeValue 2024-07-01 2025-06-30 09610336 core:ComputerEquipment core:TopRangeValue 2024-07-01 2025-06-30 09610336 2023-07-01 2024-06-30 09610336 core:PlantMachinery 2024-07-01 2025-06-30 09610336 core:FurnitureFittings 2024-07-01 2025-06-30 09610336 core:OfficeEquipment 2024-07-01 2025-06-30 09610336 core:ComputerEquipment 2024-07-01 2025-06-30 09610336 core:CurrentFinancialInstruments 2024-07-01 2025-06-30 09610336 core:Non-currentFinancialInstruments 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure

Company No: 09610336 (England and Wales)

# DEVON DISABILITY COLLECTIVE LIMITED

### (A company limited by guarantee)

### Unaudited Financial Statements
For the financial year ended 30 June 2025
Pages for filing with the registrar

DEVON DISABILITY COLLECTIVE LIMITED

## Unaudited Financial Statements

For the financial year ended 30 June 2025

Contents

DEVON DISABILITY COLLECTIVE LIMITED

## STRATEGIC REPORT

For the financial year ended 30 June 2025
DEVON DISABILITY COLLECTIVE LIMITED

## STRATEGIC REPORT (continued)

For the financial year ended 30 June 2025

The directors present their Strategic Report for the financial year ended 30 June 2025.

OBJECTIVES

Devon Disability Collective (DDC) is a non-profit-distributing Social Enterprise that provides meaningful employment for people with disabilities through its own commercial enterprises. As a Company Limited by Guarantee, DDC has ensured its social purpose is entrenched within the foundations of the business using both an objects clause and an asset lock within its constitution. DDC’s profits are reinvested back into the company to help further deliver its social objectives.
DDC is committed towards enhancing independence for people with disabilities by creating real career opportunities, actively supporting personal & professional development and promoting wider lifestyle choices, all with the aim of reducing the unfair disadvantages that people with disabilities face in the workplace. DDC’s employees also have the opportunity to become members of the business, giving them equal voting rights and a say in the direction the business takes.

ACTIVITIES

DDC is located within a prime location in Exeter, Devon, operating from a multipurpose 22,000sq.ft factory with production, retail, office & training facilities. The space is adaptable as required to meet its business needs along with the needs of its members, in order to provide a range of specialist textile & upholstered products and services for the healthcare, military, aviation, automotive, domestic and commercial sectors. DDC’s highly skilled team members operating from a UK base provides a competitive offering, in a sector that is increasingly recognising the benefits of buying local; short lead times, lower ordering volumes and efficient quality control through locality.
DDC is a social enterprise at its core, its activities enable businesses to both partner and collaborate with DDC to recognise the benefits of disability inclusion within their supply chain and demonstrate genuine commitment to their Corporate Social Responsibility goals. This has been a focus for DDC and a developing benefit for several of its public and private sector customers.
DDC’s Mobility Showroom provides a wide range of carefully selected products, suiting a wide variety of budgets and tastes. With a focus on quality, ease of use, mobility and comfort, rise recline chairs and mobility scooters are complimented by household gadgets and equipment designed to make life easier for elderly customers and people with disabilities.
The customer services team will provide advice and offer solutions to ensure DDC’s customers get the right product to meet their needs and wants.
Training and employee development remains a focus to ensure that DDC’s skilled workforce can adapt to changing products and services. A programme of statutory and mandatory training is well established for all employees.

PERFORMANCE REVIEW

DDC has ended its 10th year strongly, exceeding £1.915M in income.
Although a key contract came to an end due to issues in the aviation industry, growth within military markets (+68%) and General Sales (Bespoke Covers / Products) (+29%) largely filled the gap. The Company anticipated and managed the transition such that profit before tax was maintained at a very healthy £272K.

STRUCTURE & PATRONAGE

DDC’s strong links with Devon County Council, Exeter City Council, and the Community Union helped establish the business in July 2015. The Board of Directors maintains these local government links and support from the Union to this day.

STRATEGIC INTENTIONS

DDC will ensure its core business channels receive a strong degree of focus, are well resourced to meet new customer requirements and can respond effectively to the needs of its key accounts.
New markets will be explored within DDC’s contract sewing channel, and DDC’s military product customer base will be increased following targeted marketing activity.
Light engineering (cleaning, assembly and testing) work will be added to DDC’s portfolio, with the opportunity for expansion further into the supply chains of military and NHS customers.
By putting skills and ability first in an environment of support, value & respect, DDC will achieve its mission in delivering a secure and sustainable social enterprise.

RISK MANAGEMENT

Hybrid Working
DDC’s hybrid working model strikes a positive balance between on-site and remote working. The space available on site allows for a re-configurable setup which can change as required, and the team are well spaced in a facility that offers more space than currently needed.
Employee Retention
DDC assesses remuneration annually and as part of any new recruitment activities. Alongside competitive salaries, DDC provides enhanced annual leave packages, 8% company pension contributions, company sick pay scheme, performance bonuses and employee support programmes, alongside private health care insurance with BUPA.

INVESTMENT

Continued investment in machinery & tooling, along with the company’s design capability, is enabling DDC to support its customers how, when & where they need it most, whilst opening new market opportunities for the company.
DDC now has extensive technical design and production experience through providing a range of complex solutions for its customers, from bespoke tactical vehicle covers to large scale industrial equipment covers using the latest high performance and military-spec fabrics and connectors. This level of maturity within DDC is one of the key driving forces behind its appetite for expansion.
Through the support and skills of our workforce, the expanding range of products and services and a strong order book, the business has developed & grown year after year. The support of both Exeter City Council and Devon County Council is a tangible benefit; their ongoing interest & contributions to the company are greatly appreciated and welcomed. There is therefore reasonable expectation that DDC has adequate resources to continue in operational existence for the foreseeable future and thereby deliver on its objectives.

Approved by the Board of Directors and signed on its behalf by:

Michael James Crompton-Holgate Director |

22 Marsh Green Road
Marsh Barton
Exeter
EX2 8PQ
United Kingdom

05 December 2025

DEVON DISABILITY COLLECTIVE LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 30 June 2025
DEVON DISABILITY COLLECTIVE LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 459 |  | 1,532
Tangible assets | 4 | 145,283 |  | 145,082
|  | 145,742 |  | 146,614
Current assets |  |  |  |
Stocks |  | 213,630 |  | 187,764
Debtors | 5 | 139,348 |  | 136,624
Cash at bank and in hand |  | 493,306 |  | 410,220
|  | 846,284 |  | 734,608
Creditors: amounts falling due within one year | 6 | ( 307,057) |  | ( 402,561)
Net current assets |  | 539,227 |  | 332,047
Total assets less current liabilities |  | 684,969 |  | 478,661
Creditors: amounts falling due after more than one year | 7 | ( 27,000) |  | ( 25,689)
Provision for liabilities |  | ( 33,305) |  | ( 32,519)
Net assets |  | 624,664 |  | 420,453
Reserves |  |  |  |
Profit and loss account |  | 624,664 |  | 420,453
Total reserves |  | 624,664 |  | 420,453

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Devon Disability Collective Limited (registered number: 09610336) were approved and authorised for issue by the Board of Directors on 05 December 2025. They were signed on its behalf by:

Michael James Crompton-Holgate Director |

DEVON DISABILITY COLLECTIVE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025
DEVON DISABILITY COLLECTIVE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Devon Disability Collective Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Marsh Green Road, Marsh Barton, Exeter, EX2 8PQ, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets | 5 years straight line

###### Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

##### Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery | 5 - 10 years straight line
Fixtures and fittings | 5 years straight line
Office equipment | 5 years straight line
Computer equipment | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
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.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### 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 creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 33 |  | 34

#### 3. Intangible assets

| Other intangible assets |  | Total
| £ |  | £
Cost |  |  |
At 01 July 2024 | 5,362 |  | 5,362
At 30 June 2025 | 5,362 |  | 5,362
Accumulated amortisation |  |  |
At 01 July 2024 | 3,830 |  | 3,830
Charge for the financial year | 1,073 |  | 1,073
At 30 June 2025 | 4,903 |  | 4,903
Net book value |  |  |
At 30 June 2025 | 459 |  | 459
At 30 June 2024 | 1,532 |  | 1,532

#### 4. Tangible assets

| Plant and machinery |  | Fixtures and fittings |  | Office equipment |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 July 2024 | 134,627 |  | 37,759 |  | 8,432 |  | 20,499 |  | 201,317
Additions | 17,636 |  | 500 |  | 1,333 |  | 8,303 |  | 27,772
Disposals | 0 |  | ( 4,410) |  | ( 1,099) |  | ( 3,190) |  | ( 8,699)
At 30 June 2025 | 152,263 |  | 33,849 |  | 8,666 |  | 25,612 |  | 220,390
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 July 2024 | 28,340 |  | 14,418 |  | 4,281 |  | 9,196 |  | 56,235
Charge for the financial year | 12,207 |  | 6,975 |  | 1,985 |  | 5,385 |  | 26,552
Disposals | 0 |  | ( 3,726) |  | ( 1,053) |  | ( 2,901) |  | ( 7,680)
At 30 June 2025 | 40,547 |  | 17,667 |  | 5,213 |  | 11,680 |  | 75,107
Net book value |  |  |  |  |  |  |  |  |
At 30 June 2025 | 111,716 |  | 16,182 |  | 3,453 |  | 13,932 |  | 145,283
At 30 June 2024 | 106,287 |  | 23,341 |  | 4,151 |  | 11,303 |  | 145,082

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 112,563 |  | 123,911
Prepayments | 26,785 |  | 12,713
| 139,348 |  | 136,624

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 9,615 |  | 10,269
Trade creditors | 41,281 |  | 40,691
Other loans (secured) | 12,000 |  | 12,000
Accruals and deferred income | 72,541 |  | 157,645
Taxation and social security | 160,100 |  | 170,152
Other creditors | 11,520 |  | 11,804
| 307,057 |  | 402,561

Other loans are secured against the assets of the company.

#### 7. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 0 |  | 9,599
Other loans (secured) | 27,000 |  | 16,090
| 27,000 |  | 25,689

Other loans are secured against the assets of the company.

#### 8. Liability of members

The members of the Devon Disability Collective Limited have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.

#### 9. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

| 2025 |  | 2024
| £ |  | £
Unpaid contributions due to the fund (inc. in other creditors) | 6,974 |  | 9,675