REGISTERED NUMBER: 03981600 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

DCI Refrigeration & Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R Geer

Mr A Chambers

Mr M J Drain

Mr S R Chambers

Mr B Drain

Mr M Mills

Mr R J Van Zyl

REGISTERED OFFICE:

Warrior Business Centre

Fitzherbert Road

Portsmouth

Hampshire

PO6 1TX

REGISTERED NUMBER:

03981600 (England and Wales)

ACCOUNTANTS:

Talbot Accounting Solutions LLP

Bartley Cottage

Ringwood Road

Bartley

Southampton

Hampshire

SO40 7LD

FIXED ASSETS

Tangible assets

4

671,222

552,031

CURRENT ASSETS

Stocks

46,500

8,000

Debtors

5

1,631,329

1,384,007

Cash at bank

1,101,759

1,109,379

2,779,588

2,501,386

CREDITORS

Amounts falling due within one year

6

2,222,624

1,994,758

NET CURRENT ASSETS

556,964

506,628

TOTAL ASSETS LESS CURRENT LIABILITIES

1,228,186

1,058,659

CREDITORS

Amounts falling due after more than one year

7

(236,222

)

(113,842

)

PROVISIONS FOR LIABILITIES

(164,867

)

(133,315

)

NET ASSETS

827,097

811,502

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

826,097

810,502

SHAREHOLDERS' FUNDS

827,097

811,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 June 2026 and were signed on its behalf by:

Mrs R Geer - Director

1.	STATUTORY INFORMATION

DCI Refrigeration & Electrical Limited 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 FRS 102 "The Financial Reporting

Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

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 on the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the

parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

- Section 7 'Statement of Cash Flows': Presentation of a statement of cash flow and related notes and

disclosures

- Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instrument Issues: The

disclosure requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48

(b), 11.48(c), 12.26, 12.27, 12.29(a), 12.29(b), and 12.29A;

- Section 33 'Related Party Disclosures': Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of DCI Refrigeration & Electrical 2018 Limited. These consolidated financial statements are available from its registered office, Warrior Business Centre, Fitzherbert Road, Portsmouth, United Kingdom, PO6 1TX

Significant judgements and estimates

In the application of the company's accounting policies, the director is 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.

The main accounting estimates are:

- Useful economic life of tangible fixed assets

- Accruals and prepayments

Turnover

Turnover represents the amounts receivable in respect of services provided to contract customers where a right to consideration has been established at the year end.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets

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

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

useful life.

Leasehold improvements - 10% on straight line

Plant and Machinery - 33% on reducing balance

Fixtures and fittings - 15% on reducing balance

Motor vehicles - 25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation,

net of depreciation and any impairment losses.

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost

comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost, adjusted where applicable for any loss of service potential.

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.

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. The directors consider all financial assets basic.

Financial instruments

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

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at

transaction price including transaction costs and are subsequently carried at amortised cost using the

effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors , bank loans, loans from fellow group companies and

preference shares that are classified as debt, are initially recognised at transaction price unless the

arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 68 (2024 - 59 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2024

75,339

1,508,877

1,584,216

Additions

-

432,925

432,925

Disposals

-

(481,890

)

(481,890

)

At 30 September 2025

75,339

1,459,912

1,535,251

DEPRECIATION

At 1 October 2024

63,016

969,169

1,032,185

Charge for year

1,478

154,106

155,584

Eliminated on disposal

-

(323,740

)

(323,740

)

At 30 September 2025

64,494

799,535

864,029

NET BOOK VALUE

At 30 September 2025

10,845

660,377

671,222

At 30 September 2024

12,323

539,708

552,031

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

1,443,369

1,208,722

Amounts owed by group undertakings

126,400

125,604

Amounts owed by participating interests

1,862

1,862

Other debtors

59,698

47,819

1,631,329

1,384,007

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

-

61,875

Hire purchase contracts

68,319

201,365

Trade creditors

801,556

608,796

Taxation and social security

330,500

387,201

Other creditors

1,022,249

735,521

2,222,624

1,994,758

Net obligations under finance lease and hire purchase contracts of £304,541 (2024- £267,816 ) are secured by fixed charges on the assets concerned and are included in other creditors falling due within one year and more than one year.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

-

47,391

Hire purchase contracts

236,222

66,451

236,222

113,842

8.	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

After the balance sheet date an overdraft facility has been arranged with Natwest Bank secured by a debenture over the assets of the company and guaranteed by the company shareholders.

9.	RELATED PARTY DISCLOSURES

The company has taken the exemption permitted by Financial Reporting Standard 102 section 33 not to disclose any related party transactions with any companies in the group headed by DCI Refrigeration & Electrical 2018 Limited, on the basis they are wholly owned group and consolidated accounts are publicly available.

10.	ULTIMATE CONTROLLING PARTY

The ultimate parent company of DCI Refrigeration & Electrical Limited is DCI Refrigeration & Electrical

2018 Limited.