Company registration number 14102566 (England and Wales)
DNUK OWNER LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
DNUK OWNER LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
DNUK OWNER LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
FIXED ASSETS
Investments
3
1,224,393
1,224,393
CURRENT ASSETS
Debtors
4
21,730,160
21,896,674
Cash at bank and in hand
112,633
232,587
21,842,793
22,129,261
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5
(21,661,690)
(20,523,071)
NET CURRENT ASSETS
181,103
1,606,190
NET ASSETS
1,405,496
2,830,583
CAPITAL AND RESERVES
Called up share capital
6
53,267
53,267
Share premium account
5,273,314
5,273,314
Profit and loss reserves
(3,921,085)
(2,495,998)
TOTAL EQUITY
1,405,496
2,830,583

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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.

DNUK OWNER LTD
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

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

The financial statements were approved by the board of directors and authorised for issue on 2 July 2026 and are signed on its behalf by:
Mr J R W Cummings
Director
Company registration number 14102566 (England and Wales)
DNUK OWNER LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
ACCOUNTING POLICIES
Company information

DNUK Owner Ltd is a private company limited by shares incorporated in England and Wales. The registered office is C/O Csc Cls (Uk) Limited, 5 Churchill Place, 10th Floor, LONDON, E14 5HU.

1.1
Basis of preparation

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.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

DNUK OWNER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
ACCOUNTING POLICIES
(Continued)
- 4 -
1.4
Financial instruments

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.

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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

DNUK OWNER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
2
EMPLOYEES

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

2025
2024
Number
Number
Total
4
4
3
FIXED ASSET INVESTMENTS
2025
2024
£
£
Shares in group undertakings and participating interests
1,224,393
1,224,393
4
DEBTORS
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
21,703,334
21,862,654
Other debtors
26,826
34,020
21,730,160
21,896,674

The amounts owed by group undertakings are unsecured, interest free and repayable on demand.

5
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
£
£
Bank loans
13,000,000
12,908,549
Trade creditors
2,236
1,200
Amounts owed to group undertakings
8,547,710
7,500,952
Other creditors
111,744
112,370
21,661,690
20,523,071
DNUK OWNER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
5
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
(Continued)
- 6 -

The amounts owed to group undertakings are unsecured, interest free and repayable on demand.

On 30 December 2022 the company signed a £13m loan facility agreement with OakNorth Bank plc. The company's 100% subsidiary DNUK Operator Limited has acted as a guarantor for this facility, and the balance is secured over the assets of that company.

Interest on this loan facility is payable on a monthly basis at the start of each calendar month, at a rate of 5.5% plus the Bank of England base rate.

6
CALLED UP SHARE CAPITAL
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of 1p each
5,326,680
5,326,680
53,267
53,267

On incorporation 100 ordinary shares of £1 were issued. After a re-organisation and further allotment on 23 September 2022 the company's issued share capital was 5,326,680 ordinary shares of £0.01 each.

Ordinary shareholders have the right to receive notice of, and to attend, speak and vote at all general meetings of the Company, with the right to cast a vote for each Ordinary share of which he is the holder.

7
RELATED PARTY TRANSACTIONS

The company has taken advantage of the exemption provided by Section 33 of Financial Reporting Standard 102 from the requirement to disclose transactions between wholly owned members of the same group.

2025-12-31 2025-01-01 false false false 02 July 2026 CCH Software CCH Accounts Production 2026.100 The principal activity of the company is the holding of debt and other financial instruments for the company's wholly owned subsidiary.
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