Dreadnought_Investments_Limited_31_Jan_2026_companies_house_set_of

Dreadnought Investments Limited

Report to the board of directors on the preparation of the unaudited statutory financial statements of Dreadnought Investments Limited

Period ended

31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the

financial statements

Dreadnought Investments Limited

for the period ended

31 January 2026

which comprise the income statement, statement of financial position, statement of changes in equity and related notes from the company’s accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Members/Doc/rule/2018-rulebook.pdf.

This report is made solely to the Board of Directors of

Dreadnought Investments Limited

, as a body, in accordance with the terms of my engagement letter dated 17 March 2026. My work has been undertaken solely to prepare for your approval the

financial statements

Dreadnought Investments Limited

and state those matters that I have agreed to state to the Board of Directors of

Dreadnought Investments Limited

, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than

Dreadnought Investments Limited

and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that

Dreadnought Investments Limited

has kept adequate accounting records and to prepare statutory

financial statements

that give a true and fair view of the assets, liabilities, financial position and profit of

Dreadnought Investments Limited

. You consider that

Dreadnought Investments Limited

is exempt from the statutory audit requirement for the period.

I have not been instructed to carry out an audit or a review of the financial statements of Dreadnought Investments Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Emery & Co Accountants Limited

The Old Cottage Hospital

Leicester Road

Ashby de la Zouch

Leicestershire

LE65 1DB

United Kingdom

Date:

12 May 2026

Dreadnought Investments Limited

Statement of Financial Position

31 January 2026

		31 Jan 2026
	Note	£
Fixed assets
Investments	5	93,680
Current assets
Debtors	6	100
Cash at bank and in hand		455
		555
Creditors: amounts falling due within one year	7	(86,334	)
Net current liabilities		(85,779	)
Total assets less current liabilities		7,901
Capital and reserves
Called up share capital		100
Profit and loss account		7,801
Shareholders funds		7,901

For the period ending

31 January 2026

, 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 financial statements for the period in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act 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.

In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.

These

financial statements

were approved by the board of directors and authorised for issue on

12 May 2026

, and are signed on behalf of the board by:

Robert Walmsley

Director

Company registration number:

16159595

Dreadnought Investments Limited

Notes to the Financial Statements

Period ended

31 January 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

93 Main Street

Thringstone

Coalville

LE67 8NE

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are 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.

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.

Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.

All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the period was

5 Investments

	Other investments other than loans
	£
Cost or valuation
At 2 January 2025	-
Additions	85,000
Revaluations	8,680
At 31 January 2026	93,680
Impairment
At 2 January 2025 and 31 January 2026	-
Carrying amount
At 31 January 2026	93,680

6 Debtors

	31 Jan 2026
	£
Other debtors	100

7 Creditors: amounts falling due within one year

	31 Jan 2026
	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	85,000
Other creditors	1,334
	86,334

8 Controlling party

The ultimate controlling party is Walco Group Holdings Limited by virtue of the shareholding.