DB VAC Limited

	Page
Company Information	1
Accountants' Report	2
Statement of Financial Position	3—4
Notes to the Financial Statements	5—9

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DB VAC Limited

Accountants' Report

For The Year Ended 31 March 2025

Accountants' Report

Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of DB VAC Limited For The Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DB VAC Limited For The Year Ended 31 March 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of DB VAC Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of DB VAC Limited and state those matters that we have agreed to state to the director of DB VAC Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DB VAC Limited and its director, as a body, for our work or for this report.

It is your duty to ensure that DB VAC Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of DB VAC Limited . You consider that DB VAC Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of DB VAC Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

24/12/2025

Sterling Accounting Solutions Ltd

Chartered Accountants

SAS House

Chipperfield Road

Kings Langley

Hertfordshire

WD4 9JB

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DB VAC Limited

Statement of Financial Position

As At 31 March 2025

Statement of Financial Position

Registered number: 10391948

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,044,538		1,849,144

			3,044,538		1,849,144
CURRENT ASSETS
Stocks	5	310,000		324,000
Debtors	6	1,829,744		1,351,746
Cash at bank and in hand		121,147		211,715

		2,260,891		1,887,461
Creditors: Amounts Falling Due Within One Year	7	(997,580 )		(445,741 )

NET CURRENT ASSETS (LIABILITIES)			1,263,311		1,441,720

TOTAL ASSETS LESS CURRENT LIABILITIES			4,307,849		3,290,864

Creditors: Amounts Falling Due After More Than One Year	8		(566,863 )		(631,378 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(640,035 )		(449,036 )

NET ASSETS			3,100,951		2,210,450

CAPITAL AND RESERVES
Called up share capital	11		10		10
Income Statement			3,100,941		2,210,440

SHAREHOLDERS' FUNDS			3,100,951		2,210,450

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DB VAC Limited

Statement of Financial Position (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Darren Deehan

Director

24/12/2025

The notes on pages 5 to 9 form part of these financial statements.

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DB VAC Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

DB VAC Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10391948 . The registered office is 138 Wood End Gardens, Northolt, UB5 4QN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Motor Vehicles	25% straight line
Fixtures & Fittings	25% straight line
Computer Equipment	10% straight Line

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DB VAC Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

"A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised."

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DB VAC Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	2,399,926	91,708	15,352	-	2,506,986
Additions	1,483,966	43,579	2,740	1,889	1,532,174
Disposals	-	-	(824 )	-	(824 )

As at 31 March 2025	3,883,892	135,287	17,268	1,889	4,038,336

...CONTINUED

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DB VAC Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	591,238	58,738	7,866	-	657,842
Provided during the period	322,077	11,982	1,626	289	335,974
Disposals	-	-	(18 )	-	(18 )

As at 31 March 2025	913,315	70,720	9,474	289	993,798

Net Book Value
As at 31 March 2025	2,970,577	64,567	7,794	1,600	3,044,538

As at 1 April 2024	1,808,688	32,970	7,486	-	1,849,144

5. Stocks

	2025	2024
	£	£
Work in progress	310,000	324,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	923,143	575,527
Prepayments and accrued income	33,362	33,865
Other debtors	733,354	742,354
VAT	133,629	-
Other taxes and social security	6,256	-

	1,829,744	1,351,746

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	633,488	192,494
Trade creditors	205,659	169,235
Bank loans and overdrafts	10,439	10,182
Corporation tax	122,030	11,115
Other taxes and social security	-	44,123
VAT	-	6,503
Other creditors	23,081	-
Accruals and deferred income	2,800	11,875
Director's loan account	83	214

	997,580	445,741

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DB VAC Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	564,212	618,288
Bank loans	2,651	13,090

	566,863	631,378

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	633,488	192,494
Later than one year and not later than five years	564,212	618,288

	1,197,700	810,782

	1,197,700	810,782

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2024	449,036	449,036
Deferred taxation	190,999	190,999

Balance at 31 March 2025	640,035	640,035

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
10 Ordinary Shares of £ 1.00 each	10	10

12. Related Party Transactions

At the year end £700,096 (2024: £700,096) was owed from companies under common control. The amount is included within other debtors.

13. Ultimate Controlling Party

The company's ultimate controlling party is Darren Deehan by virtue of his ownership of 100% of the issued share capital in the company.

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Director	Darren Deehan

Company Number	10391948

Registered Office	138 Wood End Gardens
	Northolt
	UB5 4QN

Accountants	Sterling Accounting Solutions Ltd
	Chartered Accountants
	SAS House
	Chipperfield Road
	Kings Langley
	Hertfordshire
	WD4 9JB