REGISTERED NUMBER: 07842552 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

Direct Commercial Finance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

O L Brunning

REGISTERED OFFICE:

No 9 Magazine B Ordnance Yard

Upnor Road

Lower Upnor

Rochester

Kent

ME2 4UY

REGISTERED NUMBER:

07842552 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

5

107,427

122,619

CURRENT ASSETS

Stocks

127,654

8,936

Debtors

6

327,172

323,308

Cash at bank

54,609

22,957

509,435

355,201

CREDITORS

Amounts falling due within one year

7

395,218

266,540

NET CURRENT ASSETS

114,217

88,661

TOTAL ASSETS LESS CURRENT LIABILITIES

221,644

211,280

CREDITORS

Amounts falling due after more than one year

8

-

(2,996

)

PROVISIONS FOR LIABILITIES

(26,857

)

(30,655

)

NET ASSETS

194,787

177,629

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

194,587

177,429

SHAREHOLDERS' FUNDS

194,787

177,629

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 24th December 2025 and were signed by:

O L Brunning - Director

1.	STATUTORY INFORMATION

Direct Commercial Finance 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20-25% on reducing balance and 10% - 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

343,967

Additions

1,399

At 31st March 2025

345,366

DEPRECIATION

At 1st April 2024

221,348

Charge for year

16,591

At 31st March 2025

237,939

NET BOOK VALUE

At 31st March 2025

107,427

At 31st March 2024

122,619

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

15,900

DEPRECIATION

At 1st April 2024

2,518

Charge for year

1,590

At 31st March 2025

4,108

NET BOOK VALUE

At 31st March 2025

11,792

At 31st March 2024

13,382

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

290,299

166,275

Other debtors and prepayments

36,873

96,497

327,172

262,772

Amounts falling due after more than one year:

Other debtors

-

60,536

Aggregate amounts

327,172

323,308

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

2,996

5,576

Trade creditors

212,422

150,394

Corporation tax

8,593

5,903

Other creditors and accruals

171,207

104,667

395,218

266,540

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

2,996

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

2,996

8,572

10.	ULTIMATE CONTROLLING PARTY

The controlling party is O L Brunning.