Company registration number 08271963 (England and Wales)
DILLY CAPITAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
DILLY CAPITAL LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
DILLY CAPITAL LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Non-current assets
Intangible assets
-
0
-
0
Property, plant and equipment
4
837
1,115
Current assets
Trade and other receivables
5
2,825
2,757
Cash and cash equivalents
6,601
4,288
9,426
7,045
Current liabilities
6
(9,868)
(6,918)
Net current (liabilities)/assets
(442)
127
Total assets less current liabilities
395
1,242
Provisions for liabilities
(159)
(212)
Net assets
236
1,030
Equity
Called up share capital
7
100
100
Retained earnings
136
930
Total equity
236
1,030

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 12 March 2026
Mr N W M Edmonstone
Director
Company registration number 08271963 (England and Wales)
DILLY CAPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Dilly Capital Limited is a private company limited by shares incorporated in England and Wales. The registered office is 27 Roland Gardens, Flat 4, London, United Kingdom, SW7 3PF.

1.1
Accounting convention

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, the principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

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

DILLY CAPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -
Current tax

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

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
4
Property, plant and equipment
Plant and machinery etc
£
Cost
At 1 November 2024 and 31 October 2025
7,478
Depreciation and impairment
At 1 November 2024
6,363
Depreciation charged in the year
278
At 31 October 2025
6,641
Carrying amount
At 31 October 2025
837
At 31 October 2024
1,115
DILLY CAPITAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -
5
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Other receivables
2,825
2,757
6
Current liabilities
2025
2024
£
£
Corporation tax
9,868
6,917
Other payables
-
0
1
9,868
6,918
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
100
100
100
100
8
Ultimate control

The company is controlled by the director.

9
Directors' transactions

Dividends totalling £24,900 (2024 - £32,400) were paid in the year in respect of shares held by the company's directors.

2025-10-31 2024-11-01 false false false 13 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr N W M Edmonstone 08271963 2024-11-01 2025-10-31 08271963 2025-10-31 08271963 2024-10-31 08271963 core:OtherPropertyPlantEquipment 2025-10-31 08271963 core:OtherPropertyPlantEquipment 2024-10-31 08271963 core:CurrentFinancialInstruments 2025-10-31 08271963 core:CurrentFinancialInstruments 2024-10-31 08271963 core:ShareCapital 2025-10-31 08271963 core:ShareCapital 2024-10-31 08271963 core:RetainedEarningsAccumulatedLosses 2025-10-31 08271963 core:RetainedEarningsAccumulatedLosses 2024-10-31 08271963 core:ShareCapitalOrdinaryShareClass1 2025-10-31 08271963 core:ShareCapitalOrdinaryShareClass1 2024-10-31 08271963 bus:Director1 2024-11-01 2025-10-31 08271963 core:ComputerEquipment 2024-11-01 2025-10-31 08271963 2023-11-01 2024-10-31 08271963 core:OtherPropertyPlantEquipment 2024-10-31 08271963 core:OtherPropertyPlantEquipment 2024-11-01 2025-10-31 08271963 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 08271963 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 08271963 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 08271963 bus:OrdinaryShareClass1 2025-10-31 08271963 bus:OrdinaryShareClass1 2024-10-31 08271963 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08271963 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 08271963 bus:FRS102 2024-11-01 2025-10-31 08271963 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 08271963 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP