REGISTERED NUMBER: SC390644 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

DCF INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C Ferguson

REGISTERED OFFICE:

101 Moredun Park Road

Edinburgh

Lothian

EH17 7HJ

REGISTERED NUMBER:

SC390644 (Scotland)

ACCOUNTANTS:

Mitchell Edwards

Chartered Certified Accountants

24A Ainslie Place

Edinburgh

EH3 6AJ

BANKERS:

Bank of Scotland

P.O. Box No. 10

38 St. Andrew Square

Edinburgh

EH2 2YR

SOLICITORS:

Russel & Aitken

27 Rutland Square

Edinburgh

EH1 2BU

FIXED ASSETS

Investment property

4

955,000

960,000

CURRENT ASSETS

Cash at bank

32,946

65,153

CREDITORS

Amounts falling due within one year

5

349,487

401,704

NET CURRENT LIABILITIES

(316,541

)

(336,551

)

TOTAL ASSETS LESS CURRENT LIABILITIES

638,459

623,449

CREDITORS

Amounts falling due after more than one year

6

(318,517

)

(325,841

)

PROVISIONS FOR LIABILITIES

(24,922

)

(26,172

)

NET ASSETS

295,020

271,436

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

113,306

117,056

Retained earnings

181,614

154,280

SHAREHOLDERS' FUNDS

295,020

271,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 18 May 2026 and were signed by:

C Ferguson - Director

1.	STATUTORY INFORMATION

DCF Investments Limited is a private company, limited by shares, registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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

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.

Turnover

Turnover represents the total of rent receivable by the company for rental of own property.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement. Fair value gains and losses net of deferred tax are transferred to the Fair Value Reserve.

Financial instruments

Bank and other loans are shown at amortised cost, with interest and up front charges in connection with the loans being allocated to accounting periods by applying the effective interest rate method.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

960,000

Revaluations

(5,000

)

At 31 December 2025

955,000

NET BOOK VALUE

At 31 December 2025

955,000

At 31 December 2024

960,000

The investment property has been valued by the directors on an open market value.

Fair value at 31 December 2025 is represented by:

£

Valuation in 2016

18,969

Valuation in 2017

33,000

Valuation in 2019

17,326

Valuation in 2020

(44,760

)

Valuation in 2021

98,693

Valuation in 2023

20,000

Valuation in 2025

(5,000

)

Cost

816,772

955,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,862

7,741

Amounts owed to associates

332,945

383,405

Taxation and social security

7,345

7,705

Other creditors

3,335

2,853

349,487

401,704

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,992

11,726

Other creditors

313,525

314,115

318,517

325,841

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

10,854

19,467

Bank loans are secured by standard securities over the company's investment property.

8.	RELATED PARTY DISCLOSURES

Included within Amounts owed to associates is a loan from a company which is under common control amounting to £332,945 (2024: £383,405). This loan is unsecured and is repayable on demand. Interest is charged at the rate of 2.5% per annum and amounted to £8,426 (2024: £9,672).

Included within Other creditors are loans from the director and another close family member totalling £313,525 (2024: £314,115). These loans are unsecured, have no agreed terms of repayment and are interest free.