Registration number: 07448949

DLC Precision Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

DLC Precision Limited

Company Information

Directors

EL Butler DM Bowering

Registered office

Unit 24-26 Elmsfield Park Holme Carnforth Lancashire LA6 1RJ

Accountants

Stables Thompson & Briscoe Limited Chartered Accountants & Business AdvisersLowther House Lowther Street Kendal LA9 4DX

DLC Precision Limited

(Registration number: 07448949)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,013,179	1,004,649
Current assets
Stocks		14,779	23,750
Debtors	5	139,554	166,709
Cash at bank and in hand		209,350	156,389
		363,683	346,848
Creditors: Amounts falling due within one year	6	(97,364)	(83,841)
Net current assets		266,319	263,007
Total assets less current liabilities		1,279,498	1,267,656
Creditors: Amounts falling due after more than one year	6	(82,424)	-
Provisions for liabilities		(192,504)	(190,883)
Net assets		1,004,570	1,076,773
Capital and reserves
Called up share capital		100	100
Retained earnings		1,004,470	1,076,673
Shareholders' funds		1,004,570	1,076,773

For the financial year ending 30 November 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 21 April 2026 and signed on its behalf by:
 

......................................... EL Butler Director

DLC Precision Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

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:
Unit 24-26
Elmsfield Park
Holme
Carnforth
Lancashire
LA6 1RJ

These financial statements were authorised for issue by the Board on 21 April 2026.

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.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

DLC Precision Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

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
Plant and machinery	10% - 20% straight line
Motor vehicles	20% straight line
Office equipment	33% straight line

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

DLC Precision Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 4).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	1,970,876	128,415	2,099,291
Additions	249,746	-	249,746
Disposals	(2,959)	(10,665)	(13,624)
At 30 November 2025	2,217,663	117,750	2,335,413
Depreciation
At 1 December 2024	1,063,561	31,081	1,094,642
Charge for the year	209,199	23,550	232,749
Eliminated on disposal	(1,378)	(3,779)	(5,157)
At 30 November 2025	1,271,382	50,852	1,322,234
Carrying amount
At 30 November 2025	946,281	66,898	1,013,179
At 30 November 2024	907,315	97,334	1,004,649

5

Debtors

Current	2025 £	2024 £
Trade debtors	32,147	78,034
Prepayments	22,725	18,223
Other debtors	84,682	70,452
	139,554	166,709

DLC Precision Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

6

Creditors

Creditors: amounts falling due within one year

		2025 £	2024 £
Due within one year
Loans and borrowings		50,905	-
Trade creditors		6,762	20,325
Amounts owed to group undertakings and undertakings in which the company has a participating interest		60	-
Taxation and social security		27,408	57,186
Accruals and deferred income		6,622	3,527
Other creditors		5,607	2,803
Trade and other payables		97,364	83,841

Creditors: amounts falling due after more than one year

		2025 £	2024 £
Due after one year
Loans and borrowings		82,424	-