Registrar

Registration number: 12252115

DCAIR Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

DCAIR Limited

Company Information

Directors

G J Higgins R M E Stanborough

Registered office

15 Swinbourne Drive Springwood Industrial Estate Braintree Essex CM7 2YP

Bankers

Virgin Money Braeside Burtons Lane Chalford St Giles HP8 4BS

Accountants

Lambert Chapman LLP Chartered accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

DCAIR Limited

(Registration number: 12252115)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	34,043	42,553
Investment property	5	3,000,000	3,000,000
Investments	6	100	188,038
		3,034,143	3,230,591
Current assets
Debtors	8	458,600	410,000
Cash at bank and in hand		131,327	161,672
		589,927	571,672
Creditors: Amounts falling due within one year	9	(1,788,140)	(1,933,662)
Net current liabilities		(1,198,213)	(1,361,990)
Total assets less current liabilities		1,835,930	1,868,601
Creditors: Amounts falling due after more than one year	9	(1,096,195)	(1,259,058)
Provisions for liabilities		(153,051)	(155,178)
Net assets		586,684	454,365
Capital and reserves
Called up share capital	10	200	200
Share premium reserve		84,986	84,986
Retained earnings		501,498	369,179
Shareholders' funds		586,684	454,365

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 December 2025 and signed on its behalf by:
 

R M E Stanborough Director

DCAIR Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 15 Swinbourne Drive, Springwood Industrial Estate, Braintree, Essex, CM7 2YP.

The principal place of business is: Unit 1, Swinbourne Drive, Springwood Industrial Estate, Braintree, Essex, CM7 2YP.

These financial statements were authorised for issue by the Board on 29 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Group accounts not prepared

The company has opted not to prepare consolidated financial statements under the exemption s479 from the Companies Act 2006.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental of commercial property. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

DCAIR Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Asset class	Depreciation method and rate
Fixture and fittings	20% Reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for the provision of rental services in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

DCAIR Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Fixtures and fittings  £	Total £
Cost or valuation
At 1 April 2024	48,441	48,441
At 31 March 2025	48,441	48,441
Depreciation
At 1 April 2024	5,888	5,888
Charge for the year	8,510	8,510
At 31 March 2025	14,398	14,398
Carrying amount
At 31 March 2025	34,043	34,043
At 31 March 2024	42,553	42,553

5	Investment properties

	2025 £
Investment property	3,000,000
At 31 March 2025	3,000,000

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by G J Higgins.

There has been no valuation of investment property by an independent valuer.

6	Investments

	2025 £	2024 £
Investments in subsidiaries	100	188,038