Company No: 10581758 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Debtors		78,507		78,507
		78,507		78,507
Creditors: amounts falling due within one year	3	( 101,051)		( 82,116)
Net current liabilities		(22,544)		(3,609)
Total assets less current liabilities		(22,544)		(3,609)
Creditors: amounts falling due after more than one year	4	( 14,083)		( 27,683)
Net liabilities		( 36,627)		( 31,292)
Capital and reserves
Called-up share capital	5	1		1
Profit and loss account		( 36,628 )		( 31,293 )
Total shareholder's deficit		( 36,627)		( 31,292)

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 member has 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 DCD (St. Marina) Ltd (registered number: 10581758) were approved and authorised for issue by the Director on 26 October 2026. They were signed on its behalf by:

Mr 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 year, unless otherwise stated.

General information and basis of accounting

DCD (St. Marina) 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 £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £36,628. The Company is supported through loans from the parent company and other related entities. The Company has ceased trading. In the opinion of the director there is no material difference between the carrying value of assets and liabilities and their recoverable amount.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	69,667		50,667
Amounts owed to Parent undertakings	27,999		27,999
Other creditors	3,385		3,450
	101,051		82,116

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

4. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	14,083		27,683

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

5. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

6. Related party transactions

Transactions with owners holding a participating interest in the entity

	2025		2024
	£		£
David Cole Developments Ltd	(27,999)		(27,999)

Interest free loan owed to David Cole Developments Ltd

Other related party transactions

	2025		2024
	£		£
David Cole Property Ltd	75,605		75,605
Trethellan Holdings Limited	2,901		2,901

Interest free loan owed by David Cole Property Ltd. The director, Mr D A Cole, is a director of David Cole Property Ltd.

Interest free loan owed by Trethellan Holdings Limited. The director, Mr D A Cole, is a director of Trethellan Holdings Limited.