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REGISTERED NUMBER: 09450618 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2022

for

Delta Alpha PSI Services Limited

Delta Alpha PSI Services Limited (Registered number: 09450618)

Contents of the Financial Statements
for the Year Ended 28 February 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Delta Alpha PSI Services Limited

Company Information
for the Year Ended 28 February 2022







DIRECTORS: Dr D Atewologun
B Awofolaju





REGISTERED OFFICE: 9 The Moorlands
Kidlington
Oxfordshire
OX5 2XX





REGISTERED NUMBER: 09450618 (England and Wales)





ACCOUNTANTS: Harris & Co
Chartered Accountants
2 Pavilion Court
600 Pavilion Drive
Northampton
NN4 7SL

Delta Alpha PSI Services Limited (Registered number: 09450618)

Balance Sheet
28 February 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 28,240 21,511

CURRENT ASSETS
Debtors 5 244,818 284,380
Cash at bank 306,909 102,346
551,727 386,726
CREDITORS
Amounts falling due within one year 6 (102,129 ) (126,832 )
NET CURRENT ASSETS 449,598 259,894
TOTAL ASSETS LESS CURRENT LIABILITIES 477,838 281,405

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 476,838 280,405
477,838 281,405

Delta Alpha PSI Services Limited (Registered number: 09450618)

Balance Sheet - continued
28 February 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2022 and were signed on its behalf by:





B Awofolaju - Director


Delta Alpha PSI Services Limited (Registered number: 09450618)

Notes to the Financial Statements
for the Year Ended 28 February 2022


1. STATUTORY INFORMATION

Delta Alpha PSI Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on reducing balance, 20% on reducing balance and at variable rates on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2021 - 6 ) .

Delta Alpha PSI Services Limited (Registered number: 09450618)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2021 52,437
Additions 13,769
At 28 February 2022 66,206
DEPRECIATION
At 1 March 2021 30,926
Charge for year 7,040
At 28 February 2022 37,966
NET BOOK VALUE
At 28 February 2022 28,240
At 28 February 2021 21,511

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 244,818 281,586
Other debtors - 2,794
244,818 284,380

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 48 11,968
Taxation and social security 95,072 101,978
Other creditors 7,009 12,886
102,129 126,832