Acorah Software Products - Accounts Production 19.4.300 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 14035565 District and County Investments Limited Mrs N K McLachlan true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14035565 2024-12-31 14035565 2025-12-31 14035565 2025-01-01 2025-12-31 14035565 frs-core:CurrentFinancialInstruments 2025-12-31 14035565 frs-core:Non-currentFinancialInstruments 2025-12-31 14035565 frs-core:ShareCapital 2025-12-31 14035565 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 14035565 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 14035565 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 14035565 frs-bus:SmallEntities 2025-01-01 2025-12-31 14035565 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 14035565 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 14035565 1 2025-01-01 2025-12-31 14035565 frs-bus:Director1 2025-01-01 2025-12-31 14035565 frs-bus:Director2 2025-01-01 2025-12-31 14035565 frs-countries:EnglandWales 2025-01-01 2025-12-31 14035565 2023-12-31 14035565 2024-12-31 14035565 2024-01-01 2024-12-31 14035565 frs-core:CurrentFinancialInstruments 2024-12-31 14035565 frs-core:Non-currentFinancialInstruments 2024-12-31 14035565 frs-core:ShareCapital 2024-12-31 14035565 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 14035565
DCI 5 Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14035565
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 10,914,936 5,184,731
10,914,936 5,184,731
Creditors: Amounts Falling Due Within One Year 5 (6,307,192 ) (3,148,321 )
NET CURRENT ASSETS (LIABILITIES) 4,607,744 2,036,410
TOTAL ASSETS LESS CURRENT LIABILITIES 4,607,744 2,036,410
Creditors: Amounts Falling Due After More Than One Year 6 (4,800,000 ) (2,090,528 )
NET LIABILITIES (192,256 ) (54,118 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (192,356 ) (54,218 )
SHAREHOLDERS' FUNDS (192,256) (54,118)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Mrs N K McLachlan
Director
25 June 2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
DCI 5 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14035565 . The registered office is Suite 6 Switch House, Northern Perimeter Road, Liverpool, Merseyside, L30 7PT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2. Going Concern Disclosure
The directors expected a loss in the company's first year of trading. The directors believe with the support from the ultimate parent undertaking that the company is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
The company's turnover, derived from ordinary activities and excluding VAT where applicable, comprises interest receivable and arrangement fee income in relation to bridging and development loans issued, measured at amortised cost and recognised as they become due.
2.4. Financial Instruments
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 entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
2.5. Taxation
Income 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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
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Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 57,532 31,550
Loans receivable < 1 year 4,800,000 2,000,000
Deferred tax current asset 45,120 12,718
Amounts owed by group undertakings 6,012,284 3,140,463
10,914,936 5,184,731
Loans receivable are made up of bridging and development loans and are secured against a charge on the asset to which the loan relates.
Amounts owed from group undertakings are interest free and repayable on demand.
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Amounts owed to group undertakings 6,044,458 3,142,982
Other creditors 262,734 5,339
6,307,192 3,148,321
Amounts owed to group undertakings are interest free and payable on demand.
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 4,800,000 2,090,528
The loan from Oakmore Investments Limited attracts an interest rate of 4.5% over the bank base rate payable annually following the first drawdown date. The final repayment date must not exceed 36 months after the initial drawdown date. The loan is secured against the third party assets against which the third party loan is being granted.
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
The company has taken advantage of the exemption available under Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with the parent company as it is a wholly owned subsidiary within the group.
9. Ultimate Controlling Party
The company's immediate and ultimate parent undertaking is District and County Investments Limited. District and County Investments Limited was incorporated in England on 5th May 2004. The ultimate controlling party is District and County Investments Limited who control 100% of the shares of DCI 5 Limited.
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