Dulwich Storage Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 01614539

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,450,458		3,298,039
Investments	5		676,375		676,375

			4,126,833		3,974,414
CURRENT ASSETS
Stocks	6	3,657		89,497
Debtors	7	177,520		243,551
Investments	8	8,628,711		8,347,775
Cash at bank and in hand		29,825		71,888

		8,839,713		8,752,711
Creditors: Amounts Falling Due Within One Year	9	(242,006 )		(1,060,690 )

NET CURRENT ASSETS (LIABILITIES)			8,597,707		7,692,021

TOTAL ASSETS LESS CURRENT LIABILITIES			12,724,540		11,666,435

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,194,795 )		(952,761 )

NET ASSETS			11,529,745		10,713,674

CAPITAL AND RESERVES
Called up share capital	10		100		100
Capital reserves			32,208		32,208
Fair value reserve	11		2,010,315		1,376,662
Profit and Loss Account			9,487,122		9,304,704

SHAREHOLDERS' FUNDS			11,529,745		10,713,674

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Dulwich Storage Company Limited

Balance Sheet (continued)

As At 31 December 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A T Hanton

Director

13/08/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Dulwich Storage Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01614539 . The registered office is 35 Giant Arches Road, Dulwich, London, SE24 9HP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	20% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. 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.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Dulwich Storage Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. Investments

The company trades in investments and the investments are shown as current assets at market value.

2.9. Investments in associates

Investments in associate undertakings are recognised at cost.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 6)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 January 2025	3,198,364	8,766	422,455	112,116
Additions	516,472	-	-	-
Disposals	(345,604 )	-	-	-

As at 31 December 2025	3,369,232	8,766	422,455	112,116

Depreciation
As at 1 January 2025	-	-	397,761	49,375
Provided during the period	-	-	4,938	15,686

As at 31 December 2025	-	-	402,699	65,061

Net Book Value
As at 31 December 2025	3,369,232	8,766	19,756	47,055

As at 1 January 2025	3,198,364	8,766	24,694	62,741


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	2,666	6,605	3,750,972
Additions	-	4,098	520,570
Disposals	-	-	(345,604 )

As at 31 December 2025	2,666	10,703	3,925,938

Depreciation
As at 1 January 2025	2,626	3,171	452,933
Provided during the period	40	1,883	22,547

As at 31 December 2025	2,666	5,054	475,480

Net Book Value
As at 31 December 2025	-	5,649	3,450,458

As at 1 January 2025	40	3,434	3,298,039

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Dulwich Storage Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investments

	Associates
	£
Cost or Valuation
As at 1 January 2025	676,375

As at 31 December 2025	676,375

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	676,375

As at 1 January 2025	676,375

6. Stocks

	2025	2024
	£	£
Stock	3,657	89,497

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	177,520	243,551

8. Current Asset Investments

	2025	2024
	£	£
Listed investments	8,628,711	8,347,775

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	34,046	1,023,494
Taxation and social security	207,960	37,196

	242,006	1,060,690

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Dulwich Storage Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

11. Reserves

	Capital reserves	Fair value reserve	Profit and Loss Account
	£	£	£
As at 1 January 2025	32,208	1,376,662	9,304,704
Profit for the year and total comprehensive income	-	-	816,070

Transfer to/from Fair value reserve	-	-	(633,652)
Transfer to/from Profit & Loss Account	-	633,653	-

As at 31 December 2025	32,208	2,010,315	9,487,122

12. Related Party Transactions

During the year, the company repaid a loan of £1,000,000 to Woodland Investment Management Limited.
The loan outstanding to Woodland Investment Management Limited is £Nil (2024: £1,000,000) at the year end.

A T Hanton, the company's director is also a director and controlling shareholder in Woodland Investment Management Limited.

During the previous year the company received a transfer of an interest in an associate from Giant Games Limited. The transfer of 300,000 shares in PLACR Limited took place on 13 September 2021 at a cost of £676,375. The company now holds 28.85 % of the shareholding of PLACR Limited.

The loan outstanding from PLACR Limited to the company is at £135,409 (2024: £216,958) as at the year end.
The interest accrued in the year on this loan amounts to £18,451 (2024: £19,295).

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