REGISTERED NUMBER: 03432080 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

D.C.G. PANEL PRODUCTS LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G C Mckenzie

Mr D Powell

Mr C Powell

SECRETARY:

Mr G C Mckenzie

REGISTERED OFFICE:

3 Hadfield Drive

Black Notley

Braintree

Essex

CM77 8XW

REGISTERED NUMBER:

03432080 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

Waterhouse Business Centre

Unit 53

2 Cromar Way

Chelmsford

Essex

CM1 2QE

FIXED ASSETS

Tangible assets

4

143,000

180,000

CURRENT ASSETS

Debtors

5

2,423

292

Cash at bank and in hand

63,261

78,570

65,684

78,862

CREDITORS

Amounts falling due within one year

6

136,972

140,911

NET CURRENT LIABILITIES

(71,288

)

(62,049

)

TOTAL ASSETS LESS CURRENT LIABILITIES

71,712

117,951

PROVISIONS FOR LIABILITIES

4,428

13,678

NET ASSETS

67,284

104,273

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

65,031

92,781

Retained earnings

2,153

11,392

SHAREHOLDERS' FUNDS

67,284

104,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 13 October 2026 and were signed on its behalf by:

Mr G C Mckenzie - Director

Mr D Powell - Director

Mr C Powell - Director

1.	STATUTORY INFORMATION

D.C.G. Panel Products Ltd. 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.

Going concern

The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods and services supplied, net of returns, discounts and value added taxes.

Revenue is recognised when the significant risks and rewards of the goods have passed to the customer, which on deliveries is typically the point where goods are delivered to and accepted by the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold buildings

1% on cost

Fixtures and fittings

20% on cost

Computer equipment

33.33% on cost

Owner occupied freehold property

Freehold property occupied by the company is stated at valuation less subsequent depreciation and impairment. The property is revalued annually to fair value. Revaluation gains are recognised in other comprehensive income and accumulated in a revaluation reserve, except to the extent that they reverse a revaluation loss previously recognised in profit or loss. Revaluation losses are recognised against the revaluation reserve to the extent of any balance relating to the asset, with any excess recognised in profit or loss. Depreciation is charged on the revalued amount of the building over its estimated useful economic life. Freehold land is not depreciated. Deferred tax arising on revaluation gains and losses is recognised in accordance with the company's accounting policy on taxation.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

land and

and

Computer

buildings

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 February 2025

196,121

4,236

524

200,881

Revaluations

(36,235

)

-

-

(36,235

)

At 31 January 2026

159,886

4,236

524

164,646

DEPRECIATION

At 1 February 2025

16,121

4,236

524

20,881

Charge for year

765

-

-

765

At 31 January 2026

16,886

4,236

524

21,646

NET BOOK VALUE

At 31 January 2026

143,000

-

-

143,000

At 31 January 2025

180,000

-

-

180,000

Cost or valuation at 31 January 2026 is represented by:

Freehold

Fixtures

land and

and

Computer

buildings

fittings

equipment

Totals

£

£

£

£

Valuation in 2004

71,794

-

-

71,794

Valuation in 2008

50,000

-

-

50,000

Valuation in 2016

50,000

-

-

50,000

Valuation in 2025

(53,879

)

-

-

(53,879

)

Valuation in 2026

(36,235

)

-

-

(36,235

)

Cost

78,206

4,236

524

82,966

159,886

4,236

524

164,646

Freehold land and buildings were valued on an open market value basis on 31 January 2026 by the directors .

This value is supported by the subsequent sale of the property in in September 2026 for £143,000, which the directors consider to be the best evidence of an open market value at the year end.

Included in valuation of land and buildings is the freehold land at £65,440 (2025: £65,440) which has not been depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Corporation tax recoverable

1,296

-

Prepayments and accrued income

1,127

292

2,423

292

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Payments on account

12,024

16,960

Trade creditors

23,252

13,820

Corporation tax

-

4,062

VAT

860

1,198

Other creditors

1,992

1,091

Directors' current accounts

96,783

101,783

Accrued expenses

2,061

1,997

136,972

140,911

7.

RESERVES

Revaluation

reserve

£

At 1 February 2025

92,781

Deferred tax transfer

9,250

Revaluation reserve additions

(36,235

)

Profit and loss account depreciation transfer

(765

)

At 31 January 2026

65,031

8.	RELATED PARTY DISCLOSURES

The directors' loans to the company totalling £96,783 (2025: £101,783) are interest free and repayable on demand.