Company No: 11454397 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2025		31.12.2024
		£		£
Current assets
Debtors	3	133,034		133,034
Cash at bank and in hand		114		17
		133,148		133,051
Creditors: amounts falling due within one year	4	( 137,624)		( 137,425)
Net current liabilities		(4,476)		(4,374)
Total assets less current liabilities		(4,476)		(4,374)
Net liabilities		( 4,476)		( 4,374)
Capital and reserves
Called-up share capital	5	60		60
Profit and loss account		( 4,536 )		( 4,434 )
Total shareholder's deficit		( 4,476)		( 4,374)

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.

Directors' 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of DCH (Cornwall 1) Ltd (registered number: 11454397) were approved and authorised for issue by the Board of Directors 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 period, unless otherwise stated.

General information and basis of accounting

DCH (Cornwall 1) Limited (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, Cornwall, TR1 2NA, United Kingdom. The principle place of business is Trethellan Barn, Trevean Way, Newquay, Cornwall, TR7 1TW.

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 Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £4,476. The company is supported through loans from the directors and other group companies. The directors believe that any foreseeable debts can be met 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.

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 directors	3		3

3. Debtors

	31.12.2025		31.12.2024
	£		£
Amounts owed by Group undertakings	133,034		133,034

4. Creditors: amounts falling due within one year

	31.12.2025		31.12.2024
	£		£
Amounts owed to Group undertakings	135,374		135,374
Other loans	200		0
Accruals	1,800		1,801
Other creditors	250		250
	137,624		137,425

5. Called-up share capital

	31.12.2025		31.12.2024
	£		£
Allotted, called-up and fully-paid
60 Ordinary shares of £ 1.00 each	60		60

6. Related party transactions

Transactions with the entity's directors

	31.12.2025		31.12.2024
	£		£
Mr D A Cole	50		0
Mr P M Keep	50		0
Mr A Seager	100		0

Interest free loans
The directors provided working capital to the company by way of interest free loans both personally and advanced by companies under their control. At the balance sheet date the company owed Mr D A Cole £50 (2024 - £nil), Mr P M Keep £50 (2024 - £nil) and Project Trading & Management Limited (Mr A Seager) £100 (2024 - £nil) in this respect.

Other related party transactions

	31.12.2025		31.12.2024
	£		£
David Cole Homes Limited	133,034		133,034
DCH (Cornwall 2) Limited	(135,374)		(135,374)
	0		0

David Cole Homes Limited
Parent company
Interest free loan
At the balance sheet date the company was owed £133,034 by David Cole Homes Limited on an intercompany loan account (2024 - £133,034).

DCH (Cornwall 2) Limited
A fellow group company
Interest free loan
At the balance sheet date DCH (Cornwall 2) was owed £135,374 by the company on an intercompany loan account (2024 - £135,374 ).