REGISTERED NUMBER: 13632726 (England and Wales)

Unaudited Financial Statements

for the Period 1st October 2024 to 31st March 2026

for

D C Property Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C K Sparks

Mr D Sparks

REGISTERED OFFICE:

1 Station Close

Backwell

Bristol

BS48 1TJ

REGISTERED NUMBER:

13632726 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

358

-

Investment property

5

630,000

650,000

630,358

650,000

CURRENT ASSETS

Cash at bank

2,809

1,393

CREDITORS

Amounts falling due within one year

6

39,891

49,490

NET CURRENT LIABILITIES

(37,082

)

(48,097

)

TOTAL ASSETS LESS CURRENT LIABILITIES

593,276

601,903

CREDITORS

Amounts falling due after more than one year

7

390,409

390,812

NET ASSETS

202,867

211,091

CAPITAL AND RESERVES

Called up share capital

11

106,274

106,274

Share premium

12

106,273

106,273

Fair value reserve

12

(41,103

)

(21,103

)

Retained earnings

12

31,423

19,647

SHAREHOLDERS' FUNDS

202,867

211,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 19th May 2026 and were signed on its behalf by:

Mrs C K Sparks - Director

1.	STATUTORY INFORMATION

D C Property Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty

In preparing these financial statements under FRS 102, the directors are required to make judgements, estimates and assumptions that affect the amounts recognised for assets and liabilities. Actual outcomes may differ from these estimates.

Classification of properties:

The directors have exercised judgement in determining whether properties are classified as investment properties or owner-occupied properties. This judgement is based on the purpose for which each property is held and affects the accounting treatment applied.

Valuation of investment properties:

Investment properties are held at fair value at the reporting date. The valuation is based on market conditions at the balance sheet date and reflects assumptions relating to rental yields, market comparables and future property values. Changes in these assumptions could result in material adjustments to the carrying value of the properties.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Functional and presentational currency

The financial statements are presented in £ sterling, which is the company's functional and presentation currency.

Cash and cash equivalents

Cash and cash equivalents consist solely of the balance held in the company's bank current account. Cash is defined as cash on hand and demand deposits, while cash equivalents are short term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. The company does not hold any short term investments and does not operate an overdraft facility.

Going concern

The directors have exercised judgement in assessing the company’s ability to continue as a going concern, taking into account forecast cash flows, financing arrangements and covenant compliance.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

409

At 31st March 2026

409

DEPRECIATION

Charge for period

51

At 31st March 2026

51

NET BOOK VALUE

At 31st March 2026

358

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st October 2024

650,000

Revaluations

(20,000

)

At 31st March 2026

630,000

NET BOOK VALUE

At 31st March 2026

630,000

At 30th September 2024

650,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2024

(21,103

)

Valuation in 2026

(20,000

)

Cost

671,103

630,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.26

30.9.24

£

£

Cost

671,103

671,103

Investment property was valued on an open market basis on 31st March 2026 by the directors .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

30.9.24

£

£

Tax

2,749

2,498

Other creditors

1,974

1,976

Directors' current accounts

33,872

43,780

Accrued expenses

1,296

1,236

39,891

49,490

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

30.9.24

£

£

Bank loans - 2-5 years

390,409

390,812

8.	LEASING AGREEMENTS

The company did not have any finance or operating lease arrangements during the period, and no lease commitments existed at the balance sheet date.

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

30.9.24

£

£

Bank loans

390,409

390,812

The bank loans are secured by a fixed charge on the investment properties included within note 4.

10.	FINANCIAL INSTRUMENTS

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

Trade debtors, other debtors, cash and bank balances are initially measured at transaction price. They are subsequently measured at amortised cost, using the effective interest method, except where amounts fall due within one year, in which case they remain at the transaction price as discounting is not required for short term balances

Where payment terms extend beyond normal business terms, or the arrangement includes a financing element, the financial asset is measured at the present value of future cash flows, discounted at a market rate of interest.

Trade creditors, loans and accruals are initially recognised at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction, in which case liabilities are measured at the present value of future payments discounted at a market rate of interest..

Financial assets measured at cost or amortised cost are assessed for impairment at the reporting date. Any impairment loss is recognised in the profit and loss account. Reversals of impairment are recognised immediately when the estimated recoverable amount increases, provided the revised carrying value does not exceed the original carrying amount had no impairment occurred.

Financial assets and financial liabilities are only offset when the company has a legally enforceable right to set off the recognised amounts and intends to settle on a net basis or to realise the asset and settle the liability simultaneously.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

30.9.24

value:

£

£

53,137

A Ordinary

£1

53,137

53,137

53,137

B Ordinary

£1

53,137

53,137

106,274

106,274

12.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1st October 2024

19,647

106,273

(21,103

)

104,817

Deficit for the period

(8,224

)

(8,224

)

Assets revalued in period

20,000

-

(20,000

)

-

At 31st March 2026

31,423

106,273

(41,103

)

96,593

13.	CONTINGENT LIABILITIES

The company had no contingent liabilities.

14.	RELATED PARTY DISCLOSURES

At the balance sheet date, amounts due to directors of £33,872 (2025:£43,780) were included within creditors.

These balances are unsecured, interest-free and repayable on demand.

15.	POST BALANCE SHEET EVENTS

There were no material events after the reporting date which require adjustment to, or disclosure in, the financial statements.