Company No: 12476534 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Investments	3	1,402,750		1,362,892
		1,402,750		1,362,892
Current assets
Debtors	4	99,409		152,136
Cash at bank and in hand		24,330		28,078
		123,739		180,214
Creditors: amounts falling due within one year	5	( 7,579)		( 6,741)
Net current assets		116,160		173,473
Total assets less current liabilities		1,518,910		1,536,365
Net assets		1,518,910		1,536,365
Capital and reserves
Called-up share capital	6	1,140,200		1,300,200
Capital redemption reserve		160,000		0
Profit and loss account		218,710		236,165
Total shareholders' funds		1,518,910		1,536,365

For the financial year ending 31 March 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Dormor Family Investment Company Ltd (registered number: 12476534) were approved and authorised for issue by the Board of Directors on 26 October 2026. They were signed on its behalf by:

R M Dormor Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dormor Family Investment Company Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Bishop Fleming Brook House Manor Drive, Clyst St. Mary, Exeter, EX5 1GD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Statement of Financial Position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital and and preference share capital of the Company is presented as equity.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2025	1,362,892		1,362,892
Additions	146,606		146,606
Disposals	( 221,692)		( 221,692)
Movement in fair value	114,944		114,944
At 31 March 2026	1,402,750		1,402,750
Carrying value at 31 March 2026	1,402,750		1,402,750
Carrying value at 31 March 2025	1,362,892		1,362,892

4. Debtors

	2026		2025
	£		£
Amounts owed by directors	98,746		151,937
Accrued income	315		0
Corporation tax	348		199
	99,409		152,136

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Accruals	5,339		4,501
Other creditors	2,240		2,240
	7,579		6,741

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
500 Ordinary A shares of £ 0.10 each	50		50
1,500 Ordinary B shares of £ 0.10 each	150		150
	200		200
1,140,000 Preference shares of £ 1.00 each (2025: 1,300,000 shares of £ 1.00 each)	1,140,000		1,300,000
	1,140,200		1,300,200

During the year 160,000 redeemable preference shares of £1 each were redeemed and cancelled. The aggregate nominal value of the shares redeemed was £160,000.

7. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
Amounts owed by directors	98,746		151,937

Advances were made to the directors during the year totalling £260,000, repayments were made totalling £320,000. Interest has been charged at a rate of 3.75% totalling £6,809.

Other related party transactions

	2026		2025
	£		£
Amounts owed to connected parties	2,240		2,240

No interest has been charged on the above amount, which is repayable on demand.