REGISTERED NUMBER: 07590305 (England and Wales)

DACC Property Limited

Unaudited Financial Statements for the Year Ended 30 April 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

S D Heywood

Secretary:

C L Heywood

Registered office:

Oakside Cottage

Norwich Road

Hethersett

Norfolk

NR9 3DE

Registered number:

07590305 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Fixed assets

Investment property

4

232,500

244,076

Current assets

Debtors

5

706

897

Creditors

Amounts falling due within one year

6

84,732

91,299

Net current liabilities

(84,026

)

(90,402

)

Total assets less current liabilities

148,474

153,674

Provisions for liabilities

12,606

14,806

Net assets

135,868

138,868

Capital and reserves

Called up share capital

100

100

Revaluation reserve

7

79,673

89,049

Retained earnings

56,095

49,719

Shareholders' funds

135,868

138,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 31 July 2026 and were signed by:

S D Heywood - Director

1.	Statutory information

DACC Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 revenue recognised by the company in respect of rental income on a receivable basis.

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.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 (2025 - 1 ) .

4.	Investment property

Total

£

Fair value

At 1 May 2025

244,076

Revaluations

(11,576

)

At 30 April 2026

232,500

Net book value

At 30 April 2026

232,500

At 30 April 2025

244,076

Fair value at 30 April 2026 is represented by:

£

Valuation in 2017

34,780

Valuation in 2018

12,750

Valuation in 2019

8,000

Valuation in 2020

650

Valuation in 2021

15,044

Valuation in 2022

22,201

Valuation in 2023

10,280

Valuation in 2024

(4,634

)

Valuation in 2025

4,785

Valuation in 2026

(11,576

)

Cost

140,220

232,500

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

30/4/26

30/4/25

£

£

Cost

140,220

140,220

The investment property was valued on an open market value basis on 30 April 2026 by the company director .

5.

Debtors: amounts falling due within one year

30/4/26

30/4/25

£

£

Trade debtors

401

641

Other debtors

305

256

706

897

6.

Creditors: amounts falling due within one year

30/4/26

30/4/25

£

£

Taxation and social security

1,495

1,451

Other creditors

83,237

89,848

84,732

91,299

7.

Reserves

Revaluation

reserve

£

At 1 May 2025

89,049

Transfer to revaluation reserve

(9,376

)

At 30 April 2026

79,673

8.	Ultimate controlling party

The ultimate controlling party is the Heywood family.