Company No: 15019252 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.07.2025		31.07.2024
		£		£
Fixed assets
Tangible assets	3	111,450		49,616
		111,450		49,616
Current assets
Stocks		148,255		121,658
Debtors	4	181,968		334,363
Cash at bank and in hand		284		189,378
		330,507		645,399
Creditors: amounts falling due within one year	5	( 384,531)		( 680,008)
Net current liabilities		(54,024)		(34,609)
Total assets less current liabilities		57,426		15,007
Creditors: amounts falling due after more than one year	6	( 18,871)		( 9,100)
Provision for liabilities		( 24,634)		( 5,718)
Net assets		13,921		189
Capital and reserves
Called-up share capital		1		1
Profit and loss account		13,920		188
Total shareholder's funds		13,921		189

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

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of DCC Train Automation Ltd (registered number: 15019252) were approved and authorised for issue by the Director on 28 April 2026. They were signed on its behalf by:

J R B Hudson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

DCC Train Automation Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 15, Bowdens Farm, Hambridge, Langport, TA10 0BP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover comprises income for project income as well as cash sales to customers. Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

For cash sales, turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer. Project turnover is recognised in line with the percentage completion of the entire project.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either other creditors or other debtors in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. 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
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. 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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	Year ended 31.07.2025		Period from 21.07.2023 to 31.07.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	8		6

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 August 2024	33,874		14,191		12,363		60,428
Additions	69,410		29,500		587		99,497
Disposals	0		( 14,191)		0		( 14,191)
At 31 July 2025	103,284		29,500		12,950		145,734
Accumulated depreciation
At 01 August 2024	5,715		3,735		1,362		10,812
Charge for the financial year	19,446		5,967		2,230		27,643
Disposals	0		( 4,171)		0		( 4,171)
At 31 July 2025	25,161		5,531		3,592		34,284
Net book value
At 31 July 2025	78,123		23,969		9,358		111,450
At 31 July 2024	28,159		10,456		11,001		49,616
Leased assets included above:
Net book value
At 31 July 2025	0		23,969		0		23,969
At 31 July 2024	0		0		0		0

4. Debtors

	31.07.2025		31.07.2024
	£		£
Trade debtors	2,593		325,481
Corporation tax	2,021		0
Other debtors	177,354		8,882
	181,968		334,363

5. Creditors: amounts falling due within one year

	31.07.2025		31.07.2024
	£		£
Bank loans and overdrafts	26,242		9,540
Trade creditors	246,505		51,775
Taxation and social security	5,959		77,348
Obligations under finance leases and hire purchase contracts (secured)	2,487		0
Other creditors	103,338		541,345
	384,531		680,008

Hire purchase contracts are secured against the assets to which they relate.

6. Creditors: amounts falling due after more than one year

	31.07.2025		31.07.2024
	£		£
Bank loans	0		9,100
Obligations under finance leases and hire purchase contracts (secured)	18,871		0
	18,871		9,100

Hire purchase contracts are secured against the assets to which they relate.

7. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	31.07.2025		31.07.2024
	£		£
within one year	45,500		48,950
between one and five years	94,273		139,773
Total future minimum lease payments under non-cancellable operating leases	139,773		188,723

8. Related party transactions

Transactions with the entity's director

Advances

At 1 August 2024, the balance owed by the director was £8,617. During the year, £3,033 was advanced to the director and £1,301 was repaid by the director. At 31 July 2025, the balance owed by the director was £10,349.

At 1 August 2023, the balance owed by the director was £Nil. During the year, £9,224 was advanced to the director and £607 was repaid by the director. At 31 July 2024, the balance owed by the director was £8,617.

The director's loan account is repayable on demand, and interest has been charged on overdrawn balances exceeding £10,000 at the official HMRC rates.