DCS Spencer (1) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08649378

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		872,369		1,412,369

			872,369		1,412,369
CURRENT ASSETS
Debtors	5	236,820		167,119
Cash at bank and in hand		464,546		27,554

		701,366		194,673
Creditors: Amounts Falling Due Within One Year	6	(96,303 )		(3,440 )

NET CURRENT ASSETS (LIABILITIES)			605,063		191,233

TOTAL ASSETS LESS CURRENT LIABILITIES			1,477,432		1,603,602

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,317 )		(36,435 )

NET ASSETS			1,469,115		1,567,167

CAPITAL AND RESERVES
Called up share capital	7		50		50
Revaluation reserve	9		72,070		259,019
Capital redemption reserve			5		5
Profit and Loss Account			1,396,990		1,308,093

SHAREHOLDERS' FUNDS			1,469,115		1,567,167

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DCS Spencer (1) Ltd

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 David Spencer

Director

20/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

DCS Spencer (1) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08649378 . The registered office is The Rickyard, Hognaston, Derby, DE6 1PR.

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. 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:

Fixtures & Fittings

15% reducing balance

2.3. Investment Properties

Investment properties are carried at fair value determined by their most recent valuation. Changes in fair value are recognised in the profit and loss account.

2.4. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

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

4. Investment Property

	2025
	£
Fair Value
As at 1 January 2025	1,412,369
Disposals	(540,000 )

As at 31 December 2025	872,369

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	800,299	1,153,349

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DCS Spencer (1) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	8,558	-
Director's loan account	170,663	167,119

	179,221	167,119
Due after more than one year
Corporation tax recoverable assets	57,599	-

	236,820	167,119

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	93,353	961
Accruals and deferred income	2,950	2,479

	96,303	3,440

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	50	50

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr David Spencer	167,119	3,544	-	-	170,663

The above loan is unsecured, interest free and repayable on demand. This loan was not repaid in January 2025.

9. Reserves

	Revaluation reserve	Capital Redemption	Profit and Loss Account
	£	£	£
As at 1 January 2025	259,019	5	1,308,093
Loss for the year and total comprehensive income	-	-	(36,553 )

Dividends paid	-	-	(61,499)
Transfer from revaluation reserve	-	-	186,949
Transfer to/from Profit & Loss Account	(186,949 )	-	-

As at 31 December 2025	72,070	5	1,396,990

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