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Registration number: 07023585

DCP Developments Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 7

DCP Developments Limited

Company Information

Directors

DA Clarkson I W Paveley

Registered office

3 Warners Mill Silks Way Braintree Essex United Kingdom CM7 3GB

Accountants

Lambert Chapman LLP Chartered Accountants 3 Warners Mill Silks Way Braintree Essex CM7 3GB

DCP Developments Limited

(Registration number: 07023585)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	24,801	31,146
Investments	5	1	2
		24,802	31,148
Current assets
Stocks	6	12,739	241,011
Debtors	7	634,686	239,850
Cash at bank and in hand		39,337	65,096
		686,762	545,957
Creditors: Amounts falling due within one year	8	(577,636)	(427,480)
Net current assets		109,126	118,477
Total assets less current liabilities		133,928	149,625
Provisions for liabilities		(6,200)	(7,786)
Net assets		127,728	141,839
Capital and reserves
Called up share capital	9	2,000	2,000
Retained earnings		125,728	139,839
Shareholders' funds		127,728	141,839

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 October 2026 and signed on its behalf by:
 

DA Clarkson
Director

DCP Developments Limited

Notes to the Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB, United Kingdom.

These financial statements were authorised for issue by the Board on 20 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Summary of disclosure exemptions

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 for the requirement to prepare consolidated financial statements, on the grounds that it is a small size group.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, predominately in respect the sale of new build properties and some building services to customers on an accrual basis. Revenue is recognised on the sale of new build properties at the date of exchange of contracts.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on material temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

DCP Developments Limited

Notes to the Financial Statements for the Year Ended 30 June 2026

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing Balance method
Office equipment	33% Straight Line method
Motor vehicles	25% Reducing Balance method

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Stocks

Stocks are stated at the lower cost and estimated selling price less costs to complete and sell.

The cost of property development projects is included as work in progress and comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred within the property development project.

Trade debtors

Trade debtors are amounts due from customers for goods and services performed in the ordinary course of business.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease. Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 4).

DCP Developments Limited

Notes to the Financial Statements for the Year Ended 30 June 2026

4	Tangible assets

	Office equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 July 2025	5,731	39,151	38,279	83,161
Additions	1,706	-	-	1,706
Disposals	-	(8,100)	-	(8,100)
At 30 June 2026	7,437	31,051	38,279	76,767
Depreciation
At 1 July 2025	4,272	19,301	28,442	52,015
Charge for the year	1,044	4,773	1,475	7,292
Eliminated on disposal	-	(7,341)	-	(7,341)
At 30 June 2026	5,316	16,733	29,917	51,966
Carrying amount
At 30 June 2026	2,121	14,318	8,362	24,801
At 30 June 2025	1,459	19,850	9,837	31,146

5	Investments

	2026 £	2025 £
Investments in subsidiaries	1	2