REGISTERED NUMBER: 13163762 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

DFM PROPCO LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

F L Murray

D A Murray

REGISTERED OFFICE:

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

REGISTERED NUMBER:

13163762 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Investments

4

1,602,135

-

Investment property

5

60,000

60,000

1,662,135

60,000

CURRENT ASSETS

Debtors

6

3,162

559

Cash at bank

97,495

1,840,419

100,657

1,840,978

CREDITORS

Amounts falling due within one year

7

751,788

746,545

NET CURRENT (LIABILITIES)/ASSETS

(651,131

)

1,094,433

TOTAL ASSETS LESS CURRENT LIABILITIES

1,011,004

1,154,433

CAPITAL AND RESERVES

Called up share capital

667

667

Retained earnings

1,010,337

1,153,766

1,011,004

1,154,433

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

D A Murray - Director

F L Murray - Director

1.	STATUTORY INFORMATION

DFM Propco 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.

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties, investments in unit trusts that hold basic financial instruments, and investments in ordinary shares.

Short-term debtors are measured at the transaction price, less any subsequent impairment.

Short-term creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

Cost or valuation

Additions

1,591,009

Revaluations

11,126

At 31 March 2025

1,602,135

Net book value

At 31 March 2025

1,602,135

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2025

11,126

Cost

1,591,009

1,602,135

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2024

and 31 March 2025

60,000

Net book value

At 31 March 2025

60,000

At 31 March 2024

60,000

The 2025 valuations were made by the directors, on an open market value for existing use basis.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,162

559

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,080

-

Taxation and social security

2,191

1,250

Other creditors

745,517

745,295

751,788

746,545

8.	CONTINGENT LIABILITIES

Lloyds Bank PLC hold a fixed and floating charge over the assets and undertaking of the Company. At the period end the liability due to Lloyds Bank PLC was £Nil.