Company Registration No. 08410627 (England and Wales)
DELANY & CO. LTD
Unaudited accounts
for the year ended 28 February 2023
DELANY & CO. LTD
Unaudited accounts
Contents
DELANY & CO. LTD
Company Information
for the year ended 28 February 2023
Director
Michael Luc Delany
Company Number
08410627 (England and Wales)
Registered Office
52 Campbell Road
Marlow
SL7 3GZ
ENGLAND
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
DELANY & CO. LTD
Statement of financial position
as at 28 February 2023
Tangible assets
20,359
19,787
Cash at bank and in hand
18,299
7,967
Creditors: amounts falling due within one year
(445,911)
(34,282)
Net current assets
37,226
46,110
Total assets less current liabilities
57,585
65,897
Creditors: amounts falling due after more than one year
(42,972)
(65,250)
Called up share capital
3
3
Profit and loss account
14,610
644
Shareholders' funds
14,613
647
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 June 2023 and were signed on its behalf by
Michael Luc Delany
Director
Company Registration No. 08410627
DELANY & CO. LTD
Notes to the Accounts
for the year ended 28 February 2023
DELANY & CO. LTD is a private company, limited by shares, registered in England and Wales, registration number 08410627. The registered office is 52 Campbell Road, Marlow, SL7 3GZ , ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% SL
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
12,825
22,572
35,507
70,904
Additions
788
9,393
91
10,272
At 28 February 2023
13,613
31,965
35,598
81,176
At 1 March 2022
7,859
17,950
25,308
51,117
Charge for the year
1,329
2,396
5,975
9,700
At 28 February 2023
9,188
20,346
31,283
60,817
At 28 February 2023
4,425
11,619
4,315
20,359
At 28 February 2022
4,966
4,622
10,199
19,787
DELANY & CO. LTD
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
392,400
2,400
Accrued income and prepayments
2,660
2,767
Other debtors
69,778
67,258
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
27,000
-
Trade creditors
7,059
1,081
Amounts owed to group undertakings and other participating interests
326,363
75,423
Taxes and social security
66,922
40,044
Other creditors
3,314
33,137
Loans from directors
-
(118,476)
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
42,763
65,250
Loans from directors
209
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Transaction with Directors
118,475
176,830
288,514
6,791
118,475
176,830
288,514
6,791
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).