Company registration number 12405080 (England and Wales)
DC COMMERCIAL PROPERTIES LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
DC COMMERCIAL PROPERTIES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
DC COMMERCIAL PROPERTIES LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
4
42,515
42,515
Investment property
5
2,225,000
2,020,000
2,267,515
2,062,515
Current assets
Debtors
6
1,620
48,991
Cash at bank and in hand
137,968
16,550
139,588
65,541
Creditors: amounts falling due within one year
7
(775,671)
(729,845)
Net current liabilities
(636,083)
(664,304)
Total assets less current liabilities
1,631,432
1,398,211
Creditors: amounts falling due after more than one year
8
(1,216,600)
(1,237,200)
Provisions for liabilities
(88,750)
-
Net assets
326,082
161,011
Capital and reserves
Called up share capital
9
1
1
Profit and loss reserves
326,081
161,010
Total equity
326,082
161,011

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

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

The financial statements were approved and signed by the director and authorised for issue on 8 December 2025
Mr D Chainrai
Director
Company registration number 12405080 (England and Wales)
DC COMMERCIAL PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

DC Commercial Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 2, Ironbridge Close, Great Central Way, London, NW10 0UF.

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 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.

DC Commercial Properties Ltd is a wholly owned subsidiary of DC Homes and Investments Ltd and the results of DC Commercial Properties Ltd have been disclosed in the financial statements of DC Homes and Investments Ltd which are available from companies house.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
N/A

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment properties

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 a t the reporting end date. Changes in fair value are recognised in profit or loss.

DC COMMERCIAL PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Impairment of fixed assets

At each reporting period end date, the company 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 company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
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.

1.7
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.

1.8
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. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

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.

DC COMMERCIAL PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
4
Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2024 and 31 March 2025
42,515
Depreciation and impairment
At 1 April 2024 and 31 March 2025
-
0
Carrying amount
At 31 March 2025
42,515
At 31 March 2024
42,515
5
Investment property
2025
£
Fair value
At 1 April 2024
2,020,000
Revaluations
205,000
At 31 March 2025
2,225,000

Investment property w as revalued by directors an open market value at the end of the financial period. On a historical cost basis, this would have been included at an original cost of £1,870,000.

DC COMMERCIAL PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
48,991
Other debtors
1,620
-
0
1,620
48,991
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
24,000
18,000
Corporation tax
16,190
-
0
Other taxation and social security
1,572
6,354
Other creditors
733,909
705,491
775,671
729,845
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
1,216,600
1,237,200
9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
of £1 each
1
1
1
1
10
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

DC COMMERCIAL PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10
Audit report information
(Continued)
- 6 -
Senior Statutory Auditor:
Rajiv Pandya FCA
Statutory Auditor:
Clarke & Co
Date of audit report:
11 December 2025
11
Parent company

The ultimate parent company is DC Homes & Investments Ltd (DCHIL), a company registered in England and Wales. Its registered office is Acorn House, 33 Churchfield Road, London, W3 6AY.

2025-03-31 2024-04-01 false false false 11 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr D Chainrai 12405080 2024-04-01 2025-03-31 12405080 2025-03-31 12405080 2024-03-31 12405080 core:LandBuildings 2025-03-31 12405080 core:LandBuildings 2024-03-31 12405080 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 12405080 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12405080 core:CurrentFinancialInstruments 2025-03-31 12405080 core:CurrentFinancialInstruments 2024-03-31 12405080 core:Non-currentFinancialInstruments 2025-03-31 12405080 core:Non-currentFinancialInstruments 2024-03-31 12405080 core:ShareCapital 2025-03-31 12405080 core:ShareCapital 2024-03-31 12405080 core:RetainedEarningsAccumulatedLosses 2025-03-31 12405080 core:RetainedEarningsAccumulatedLosses 2024-03-31 12405080 core:ShareCapitalOrdinaryShareClass1 2025-03-31 12405080 core:ShareCapitalOrdinaryShareClass1 2024-03-31 12405080 bus:Director1 2024-04-01 2025-03-31 12405080 core:LandBuildings core:LongLeaseholdAssets 2024-04-01 2025-03-31 12405080 2023-04-01 2024-03-31 12405080 core:LandBuildings 2024-03-31 12405080 2024-03-31 12405080 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 12405080 bus:OrdinaryShareClass1 2025-03-31 12405080 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12405080 bus:FRS102 2024-04-01 2025-03-31 12405080 bus:Audited 2024-04-01 2025-03-31 12405080 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12405080 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP