Company No: 08922524 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2025		31.12.2024
		£		£
Fixed assets
Investments	3	25		25
		25		25
Current assets
Debtors	4	97,824		128,024
Cash at bank and in hand		1,461		297
		99,285		128,321
Creditors: amounts falling due within one year	5	( 82,631)		( 110,559)
Net current assets		16,654		17,762
Total assets less current liabilities		16,679		17,787
Net assets		16,679		17,787
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		16,579		17,687
Total shareholders' funds		16,679		17,787

For the financial 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.

Director's 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 director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of David Cole Property Ltd (registered number: 08922524) were approved and authorised for issue by the Director on 26 October 2026. They were signed on its behalf by:

D A Cole 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 period, unless otherwise stated.

General information and basis of accounting

David Cole Property 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 Lowin House, Tregolls Road, Truro, TR1 2NA, 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 £.

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 Balance Sheet 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.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

2. Employees

	Year ended 31.12.2025		Period from 01.07.2023 to 31.12.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Fixed asset investments

	Investments in associates		Total
	£		£
Cost or valuation before impairment
At 01 January 2025	25		25
At 31 December 2025	25		25
Carrying value at 31 December 2025	25		25
Carrying value at 31 December 2024	25		25

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.12.2025	Ownership 31.12.2024
David Cole Homes Limited	Lowin House, Tregolls Road, Truro, Cornwall, TR1 2NA	Property Development	Ordinary	25.00%	25.00%

4. Debtors

	31.12.2025		31.12.2024
	£		£
Amounts owed by Group undertakings	1,250		620
Accrued income	0		11,704
Other debtors	96,574		115,700
	97,824		128,024

5. Creditors: amounts falling due within one year

	31.12.2025		31.12.2024
	£		£
Amounts owed to Group undertakings	0		10
Amounts owed to director	4,126		0
Accruals	1,350		5,573
Corporation tax	3,403		31,224
Other creditors	73,752		73,752
	82,631		110,559

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

6. Called-up share capital

	31.12.2025		31.12.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100