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REGISTERED NUMBER: 02843481 (England and Wales)















DELISERVE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023






DELISERVE LIMITED (REGISTERED NUMBER: 02843481)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DELISERVE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2023







DIRECTORS: T P Blandford
P L Jones
D J Jones
J M Blandford
S P Blandford
N J Jones





SECRETARY: P L Jones





REGISTERED OFFICE: Units 15-18
Wern industrial Estate
Rogerstone
Newport
Gwent
NP10 9FQ





REGISTERED NUMBER: 02843481 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

DELISERVE LIMITED (REGISTERED NUMBER: 02843481)

BALANCE SHEET
31ST AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 548,912 580,927

CURRENT ASSETS
Stocks 584,995 464,122
Debtors 5 1,906,888 1,869,561
Cash at bank and in hand 1,461,194 1,574,891
3,953,077 3,908,574
CREDITORS
Amounts falling due within one year 6 2,550,199 2,389,752
NET CURRENT ASSETS 1,402,878 1,518,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,951,790

2,099,749

CAPITAL AND RESERVES
Called up share capital 7 20,000 20,000
Retained earnings 1,931,790 2,079,749
SHAREHOLDERS' FUNDS 1,951,790 2,099,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2023 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.

DELISERVE LIMITED (REGISTERED NUMBER: 02843481)

BALANCE SHEET - continued
31ST AUGUST 2023


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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th February 2024 and were signed on its behalf by:





S P Blandford - Director


DELISERVE LIMITED (REGISTERED NUMBER: 02843481)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023

1. STATUTORY INFORMATION

Deliserve 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 - at varying rates on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

DELISERVE LIMITED (REGISTERED NUMBER: 02843481)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2023

2. ACCOUNTING POLICIES - continued

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 35 (2022 - 36 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1st September 2022 501,499 257,530 148,317 907,346
Additions - 1,680 - 1,680
Disposals - - (14,098 ) (14,098 )
At 31st August 2023 501,499 259,210 134,219 894,928
DEPRECIATION
At 1st September 2022 - 257,530 68,889 326,419
Charge for year - 140 33,555 33,695
Eliminated on disposal - - (14,098 ) (14,098 )
At 31st August 2023 - 257,670 88,346 346,016
NET BOOK VALUE
At 31st August 2023 501,499 1,540 45,873 548,912
At 31st August 2022 501,499 - 79,428 580,927

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,854,104 1,856,238
VAT 10,915 4,588
Prepayments 41,869 8,735
1,906,888 1,869,561

DELISERVE LIMITED (REGISTERED NUMBER: 02843481)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,608,076 1,184,581
Corporation Tax 128,539 189,740
Social security and other taxes 56,654 56,296
Other creditors 5,126 4,675
Directors' current accounts 300,125 300,125
Accruals and deferred income 451,679 654,335
2,550,199 2,389,752

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
20,000 Ordinary £1 20,000 20,000

8. RELATED PARTY DISCLOSURES

The company had the following outstanding directors loans at the year end:
- D J Jones was owed £200,000 (2022 - £200,000)
- J M Blandford was owed £100,000 (2022 - £100,000)
- S P Blandford was owed £125 (2022 - £125)

Interest is paid on the loans at BOE base rate.