Registration number: 09751291

DCL Lancashire Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

DCL Lancashire Limited

Company Information

Director

Mr David Lord

Registered office

Ground Floor Unit 8, Vantage Court Riverside Way Barrowford Nelson Lancashire BB9 6BP

Accountants

Hughes Accountants Limited AAT Licensed Accountant Ground Floor Unit 8, Vantage Court Riverside Way Barrowford Nelson Lancashire BB9 6BP

DCL Lancashire Limited

(Registration number: 09751291)
Balance Sheet as at 31 August 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	1,233,302	924,796
Current assets
Debtors	5	548,201	408,926
Cash at bank and in hand		49,261	47,411
		597,462	456,337
Creditors: Amounts falling due within one year	6	(545,183)	(466,422)
Net current assets/(liabilities)		52,279	(10,085)
Total assets less current liabilities		1,285,581	914,711
Creditors: Amounts falling due after more than one year	6	(1,427,573)	(1,084,059)
Net liabilities		(141,992)	(169,348)
Capital and reserves
Called up share capital	7	1	1
Retained earnings		(141,993)	(169,349)
Shareholders' deficit		(141,992)	(169,348)

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 December 2025
 

......................................... Mr David Lord Director

DCL Lancashire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1	General information

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

The address of its registered office is:
Ground Floor Unit 8, Vantage Court
Riverside Way
Barrowford
Nelson
Lancashire
BB9 6BP
England and Wales

The principal place of business is:
7 Bendwood Court
Padiham
Lancashire
BB12 8RU

These financial statements were authorised for issue by the director on 23 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 except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DCL Lancashire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold Buildings	2% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 1).

DCL Lancashire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4	Tangible assets

	Land and buildings £	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2023	961,135	-	961,135
Additions	300,006	8,500	308,506
At 31 August 2024	1,261,141	8,500	1,269,641
Depreciation
At 1 September 2023	36,339	-	36,339
At 31 August 2024	36,339	-	36,339
Carrying amount
At 31 August 2024	1,224,802	8,500	1,233,302
At 31 August 2023	924,796	-	924,796

Included within the net book value of land and buildings above is £1,224,802 (2023 - £924,796) in respect of freehold land and buildings.
 

Registration of Charge

A charge was created on Company property on the 12th January 2016

5

Debtors

Current	Note	2024 £	2023 £
Trade debtors		107,285	58,355
Amounts owed by related parties		4,214	(77,187)
Other debtors		436,702	427,758
		548,201	408,926

DCL Lancashire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	8	76,895	94,812
Trade creditors		379,938	316,747
Other creditors		88,350	54,863
		545,183	466,422