ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 07544946

DPC CONTRACTS (LONDON) LIMITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

DPC CONTRACTS (LONDON) LIMITED

COMPANY INFORMATION

Directors	D P Cracknell
	R Cracknell


Registered number	07544946


Registered office	First Floor
	28 Whitehorse Street
	Baldock
	Hertfordshire
	England
	SG7 6QQ


Independent auditors	Barnes Roffe Audit Limited
	Chartered Accountants & Statutory Auditors
	3 Brook Business Centre
	Cowley Mill Road
	Uxbridge
	Middlesex
	UB8 2FX

DPC CONTRACTS (LONDON) LIMITED

CONTENTS

	Page
Directors' report	1 - 2
Independent auditors' report	3 - 7
Statement of comprehensive income	8
Statement of financial position	9 - 10
Notes to the financial statements	11 - 22

DPC CONTRACTS (LONDON) LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 MARCH 2026

The directors present their report and the financial statements for the year ended 31 March 2026.

Directors' responsibilities statement

The directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Going concern

The directors note that the company is trading adequately and has sufficient working capital and other finance available to continue trading for a period of not less than twelve months from the date of approval of these financial statements. As such, the directors believe that there are not significant uncertainties in their assessment of whether the company is a going concern and therefore have prepared the accounts on a going concern basis.

Directors

The directors who served during the year were:

D P Cracknell

R Cracknell

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Page 1

DPC CONTRACTS (LONDON) LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2026

Post balance sheet events

There are no subsequent events that require disclosure or adjustments to the financial statements.

Auditors

The auditors, Barnes Roffe Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 28 October 2026 and signed on its behalf.

D P Cracknell

Director

Page 2

DPC CONTRACTS (LONDON) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DPC CONTRACTS (LONDON) LIMITED

Opinion

We have audited the financial statements of DPC Contracts (London) Limited (the 'Company') for the year ended 31 March 2026, which comprise the Statement of comprehensive income, the Statement of financial position and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the Company's affairs as at 31 March 2026 and of its loss for the year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 3

DPC CONTRACTS (LONDON) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DPC CONTRACTS (LONDON) LIMITED (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Directors' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit; or

∙the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Directors' report and from the requirement to prepare a Strategic report.

Page 4

DPC CONTRACTS (LONDON) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DPC CONTRACTS (LONDON) LIMITED (CONTINUED)

Responsibilities of directors

As explained more fully in the Directors' responsibilities statement set out on page 1, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with law and regulations, was as follows:

∙The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

∙We identified the laws and regulations applicable to the Company through discussion with directors and other management, and from our commercial knowledge and experience of the relevant sector;

∙The specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the Company, are as follows:

°Companies Act 2006.

°FRS102.

°Employment legislation.

°Tax legislation.

∙We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and reviewing board minutes; and

∙Laws and regulations were communicated within the audit team at the planning meeting, and during the audit as any further laws and regulation were identified. The audit team remained alert to instances of noncompliance throughout the audit.

Page 5

DPC CONTRACTS (LONDON) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DPC CONTRACTS (LONDON) LIMITED (CONTINUED)

We assessed the susceptibility of the Company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur by:

∙Making enquiries of management as to where they consider there was susceptibility to fraud and their knowledge of actual suspected and alleged fraud;

∙Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations;

∙Reviewing the financial statements and testing the disclosures against supporting documentation;

∙Performing analytical procedures to identify any unusual or unexpected trends or anomalies;

∙Inspecting and testing journal entries to identify unusual or unexpected transactions;

∙Assessing whether judgement and assumptions made in determining significant accounting estimates were indicative of management bias; and

∙Investigating the rationale behind significant transactions, or transactions that are unusual or outside the company’s usual course of business.

The areas that we identified as being susceptible to misstatement through fraud were:

∙Management bias in the estimates and judgements made;

∙Management override of controls; and

∙Posting of unusual journals or transactions.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

Page 6

DPC CONTRACTS (LONDON) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DPC CONTRACTS (LONDON) LIMITED (CONTINUED)

Use of our report

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Qasim Mehdi (Senior statutory auditor)

for and on behalf of

Barnes Roffe Audit Limited

Chartered Accountants & Statutory Auditors

3 Brook Business Centre

Cowley Mill Road

Uxbridge

Middlesex

UB8 2FX

28 October 2026

Page 7

DPC CONTRACTS (LONDON) LIMITED

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 MARCH 2026

	2026	2025
	£	£


Turnover	10,018,122	10,225,856
Cost of sales	(9,147,614)	(7,910,413)
Gross profit	870,508	2,315,443
Administrative expenses	(1,064,408)	(1,814,153)
Other operating income	185,905	16,486
Operating (loss)/profit	(7,995)	517,776
Interest receivable and similar income	1,355	563
Interest payable and similar expenses	(2,492)	(9,553)
(Loss)/profit before tax	(9,132)	508,786
Tax on (loss)/profit	(20,355)	21,822
(Loss)/profit for the financial year	(29,487)	530,608

Total comprehensive income for the year

(29,487)

530,608

The notes on pages 11 to 22 form part of these financial statements.

Page 8

DPC CONTRACTS (LONDON) LIMITED

REGISTERED NUMBER: 07544946

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Intangible assets	6		-		-
Tangible assets	7		1,025		3,376
			1,025		3,376
Current assets
Debtors: amounts falling due within one year	8	4,062,964		4,136,978
Cash at bank and in hand	9	261,654		514,178
		4,324,618		4,651,156
Creditors: amounts falling due within one year	10	(3,655,473)		(3,699,875)
Net current assets			669,145		951,281
Total assets less current liabilities			670,170		954,657
Creditors: amounts falling due after more than one year	11		-		(35,000)
Provisions for liabilities
Deferred tax	13		(1,149)		(1,149)
Net assets			669,021		918,508

Capital and reserves
Called up share capital	14	100	100
Profit and loss account		668,921	918,408
		669,021	918,508

Page 9

DPC CONTRACTS (LONDON) LIMITED

REGISTERED NUMBER: 07544946

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 October 2026.

D P Cracknell

Director

The notes on pages 11 to 22 form part of these financial statements.

Page 10

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

DPC Contracts (London) Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is First Floor, 28 Whitehorse Street, Baldock, Hertfordshire, England, SG7 6QQ.

The company specialises in plumbing and heating services.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The directors note that the company is trading adequately and has sufficient working capital and other finance available to continue trading for a period of not less than twelve months from the date of approval of these financial statements. As such, the directors believe that there are not significant uncertainties in their assessment of whether the company is a going concern and therefore have prepared the accounts on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the Statement of comprehensive income turnover and related costs as contract activity progresses. The percentage of completion method is used to determine the appropriate amount to recognise in a given year. The stage of completion is measured principally by reference to applications for payment and certifications prepared by the quantity surveyor, which represent management's assessment of work performed to date at the reporting date.

Page 11

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of comprehensive income on a straight-line basis over the lease term.

2.5

Construction contracts

Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the reporting date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.

When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately.

Where the outcome of a construction contract cannot be estimated reliably, contract costs are recognised as expenses in the year in which they are incurred and contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable.

The "percentage of completion method" is used to determine the appropriate amount to recognise in a given year. The stage of completion is measured principally by reference to applications for payment and certifications prepared by the quantity surveyor, which represent management's assessment of work performed to date at the reporting date. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion.

2.6

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

2.7

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.8

Borrowing costs

All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred.

Page 12

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.11

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 13

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.12

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Fixtures and fittings	-	33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

2.13

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.14

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.15

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.16

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to the Statement of comprehensive income.

Page 14

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.17

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 11 (2025 - 15).

4.	Directors' remuneration
		2026	2025
		£	£

Directors' emoluments	57,202	54,278
Company contributions to defined contribution pension schemes	25,500	-
	82,702	54,278

During the year retirement benefits were accruing to 2 directors (2025 - 1) in respect of defined contribution pension schemes.

5.	Dividends
		2026	2025
		£	£

	Dividend paid	220,000	-
		220,000	-

Page 15

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

6.	Intangible assets

		Goodwill
		£
	Cost
	At 1 April 2025	10,000
	At 31 March 2026	10,000
	Amortisation
	At 1 April 2025	10,000
	At 31 March 2026	10,000
	Net book value
	At 31 March 2026	-
	At 31 March 2025	-

Page 16

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

7.	Tangible fixed assets

	Plant and machinery	Motor vehicles	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 April 2025	2,326	11,438	32,991	46,755
At 31 March 2026	2,326	11,438	32,991	46,755
Depreciation
At 1 April 2025	1,491	9,697	32,191	43,379
Charge for the year	318	1,741	292	2,351
At 31 March 2026	1,809	11,438	32,483	45,730
Net book value
At 31 March 2026	517	-	508	1,025
At 31 March 2025	835	1,741	800	3,376

Page 17

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Debtors

					2026	2025
					£	£


Trade debtors	298,813	236,079
Amounts owed by group undertakings	2,127,345	1,571,036
Other debtors	526,299	564,304
Prepayments and accrued income	145,213	350,905
Amounts recoverable on long-term contracts	965,294	1,414,654
	4,062,964	4,136,978

9.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	261,654	514,178
	261,654	514,178

10.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Invoice discounting facility	240,206	217,917
Bank loans	35,000	140,000
Trade creditors	486,602	994,479
Amounts owed to group undertakings	2,166,684	1,696,964
Corporation tax	-	3,690
Other taxation and social security	46,172	74,658
Other creditors	589,960	489,382
Accruals and deferred income	90,849	82,785
	3,655,473	3,699,875

The invoice discounting facility provides secured working capital through which funding is advanced against trade receivables, with security and guarantees by way of fixed and floating charges over all assets of the group.

Page 18

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

11.	Creditors: Amounts falling due after more than one year
		2026	2025
		£	£

Bank loans	-	35,000
	-	35,000

The bank loans are secured by fixed and floating charges over all assets of the subsidiaries.

The bank loan is repayable in 60 monthly instalments and matures in June 2026. Interest is charged at a fixed rate of 2.62% p.a.

Amounts falling due within one year
Bank loans	35,000	140,000
	35,000	140,000
Amounts falling due 1-2 years
Bank loans	-	35,000
	-	35,000


	35,000	175,000

Page 19

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

13.	Deferred taxation

		2026
		£

	At beginning of year	1,149
	At end of year	1,149

The provision for deferred taxation is made up as follows:
	2026	2025
	£	£

	Accelerated capital allowances	1,149	1,149
		1,149	1,149

14.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

15.	Financial commitments, guarantees and contingent liabilities

The company has guaranteed the debts owed to National Westminster Bank Plc in respect of bank loans owed by its fellow subsidiary companies DPC Mechanical Limited and DPC Electrical Contracts Ltd. The combined contingent liability in the event of default by both DPC Mechanical Limited and DPC Electrical Contracts Ltd is £150,000 (2025 - £150,000). The guarantees are limited to a combined value of £600,000 (2025 - £600,000).

Invoice discounting facilities are secured by way of a fixed and floating charge over all property of A & R Holdings (London) Limited, DPC Contracts (London) Limited, DPC Mechanical Limited and DPC Electrical Contracts Ltd. The company is provided with a combined credit to all four companies which is utilised as required.

The combined contingent liability in the event of default by both DPC Mechanical Limited and DPC Electrical Contracts Ltd is £1,196,920 (2025 - £1,275,240).

Page 20

DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

16.	Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £29,381 (2025 - £388). The contribution outstanding at the reporting date amounted to £995 (2025 - £1,082).

Not later than 1 year	78,663	42,560
Later than 1 year and not later than 5 years	299,372	210,000
Later than 5 years	104,327	145,792
	482,362	398,352

18.

Related party transactions

The company has taken advantage of the exemption under FRS 102 from disclosing transactions with wholly-owned group undertakings.

At the year end the company was owed an aggregate amount of £760,644 (2025 - £842,213) from fellow group companies.

During the year the company made sales of £Nil (2025 - £24,557) to fellow group companies.

During the year, the company made purchases of £284,817 (2025 - £35,512) from, and sales of £3,383 (2025 - £Nil) to, companies under common control. Included in other debtors is £469,018 (2025 - £455,119) owed from companies under common control. Included in creditors is £170,671 (2025 - £146,496) owed to companies under common control.

A close family member of a director was remunerated £7,685 (2025 - £18,500) during the year for services provided to the company.

19.	Post balance sheet events

There are no subsequent events that require disclosure or adjustments to the financial statements.

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DPC CONTRACTS (LONDON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

20.	Ultimate parent undertaking and controlling party

The immediate and ultimate parent company is A & R Holdings (London) Limited, a company registered in England and Wales. A & R Holdings (London) Limited is both the largest and smallest group into which DPC Contracts (London) Limited is consolidated. A copy of the group financial statements may be obtained from the registered office of the ultimate parent undertaking, First Floor, 28 Whitehorse Street, Baldock, Hertfordshire, England, SG7 6QQ.

The ultimate controlling party is D P Cracknell.

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