REGISTERED NUMBER: 10510470 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Dy Commercial Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

24,026

-

Investment property

5

1,298,291

1,155,216

1,322,317

1,155,216

CURRENT ASSETS

Debtors

6

1,236

6,024

Cash at bank

13,633

26,153

14,869

32,177

CREDITORS

Amounts falling due within one year

7

647,111

455,091

NET CURRENT LIABILITIES

(632,242

)

(422,914

)

TOTAL ASSETS LESS CURRENT LIABILITIES

690,075

732,302

CREDITORS

Amounts falling due after more than one year

8

777,164

786,189

NET LIABILITIES

(87,089

)

(53,887

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(87,189

)

(53,987

)

SHAREHOLDERS' FUNDS

(87,089

)

(53,887

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 December 2025 and were signed by:

Mr Jan Johan Hendrik Spelt - Director

1.	STATUTORY INFORMATION

Dy Commercial Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10510470

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Investment property

The investment properties have been stated at cost. The Board do not consider the fair value of the properties to be materially different from the value disclosed.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The company has net liabilities of £87,089. The accounts have been prepared on a going concern basis as the director has confirmed that he will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

Additions

27,135

At 31 March 2025

27,135

DEPRECIATION

Charge for year

3,109

At 31 March 2025

3,109

NET BOOK VALUE

At 31 March 2025

24,026

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

1,155,216

Additions

143,075

At 31 March 2025

1,298,291

NET BOOK VALUE

At 31 March 2025

1,298,291

At 31 March 2024

1,155,216

Investment property situated at 171 to 175 (odd) and 45 and 47 Foxhall Road, Blackpool is under a charge from Cambridge & Counties Bank Limited. The charge was created on 5th March 2018.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

1,236

6,024

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

3,038

-

Other creditors

644,073

455,091

647,111

455,091

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

777,164

786,189

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

777,164

786,189

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

777,164

786,189

The loan amounting to £777,164 is secured by the way of charge on the property situated at 171 to 175 (odd) and 45 and 47 Foxhall Road, Blackpool (disclosed as investment property). The charge was created in the name of Cambridge & Counties Bank Limited on 5th March 2018.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

The company owes £312 (2024: £312) to its director, Mr Jan Johan Hendrik Spelt as at accounting year end date.

The company owes £634,899 (2024: £451,899) to Jade Real Estate Limited, a company registered in United Kingdom (Company registered number: 13134759) as at accounting year end date , who is also a sole shareholder of the company as at accounting year end date.