For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Donvale Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. See note 8 - Provisions for liabilities.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investments and to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Managed funds are valued at bid market prices. Shares in subsidiaries are valued at net assets attributable to the shareholders at the balance sheet date.

Cash and cash equivalents comprise cash at bank and cash held on investment platforms.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The average monthly number of persons (including directors) employed by the company during the year was:

The historical cost of investments is £12,856,389 (2024: £14,983,057).

Included in the above are shares in subsidiaries which are valued at £170,000 (historical cost £89,884) and this amount is balanced by an equal sum due to the subsidiaries.

Pension costs

Defined benefit

The Company operated a pension scheme providing benefits based on final pensionable pay for group staff employees up to 31 July 1999. Benefits under the scheme ceased to accrue from this date but the scheme continues as a closed fund with deferred member benefits being met from the fund as they fall due.

During the year the scheme underwent a partial buyout, funded in part by the special buyout contribution included in these accounts. A small number of members remain in the scheme to be bought out in the near future.

The scheme has formally entered a wind up process.

Whilst uncertain, a further contribution from the company may be required to complete the wind up process, which will be accounted for if and when quantified.

The ultimate parent company is R H Trustees Limited, a company registered in England. Registered office 71 - 75 Shelton Street, Covent Garden, London WC2 H9JQ.