IRIS Accounts Production v23.3.1.45 12218140 director 1.8.22 31.7.23 31.7.23 20.2.24 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122181402022-07-31122181402023-07-31122181402022-08-012023-07-31122181402021-07-31122181402021-08-012022-07-31122181402022-07-3112218140ns10:Originalns15:EnglandWales2022-08-012023-07-3112218140ns14:PoundSterlingns10:Original2022-08-012023-07-3112218140ns10:Originalns10:Director12022-08-012023-07-3112218140ns10:Original2022-08-012023-07-3112218140ns10:Original2023-07-3112218140ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3112218140ns10:Originalns10:SmallEntities2022-08-012023-07-3112218140ns10:Originalns10:Audited2022-08-012023-07-3112218140ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3112218140ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3112218140ns10:Originalns10:FullAccounts2022-08-012023-07-3112218140ns10:Originalns10:OrdinaryShareClass12022-08-012023-07-3112218140ns10:CompanySecretary1ns10:Original2022-08-012023-07-3112218140ns10:Originalns10:RegisteredOffice2022-08-012023-07-3112218140ns10:Original2022-07-3112218140ns10:Originalns5:CurrentFinancialInstruments2023-07-3112218140ns10:Originalns5:CurrentFinancialInstruments2022-07-3112218140ns5:ShareCapitalns10:Original2023-07-3112218140ns5:ShareCapitalns10:Original2022-07-3112218140ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3112218140ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3112218140ns10:Original2021-08-012022-07-3112218140ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3112218140ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3112218140ns10:Originalns10:OrdinaryShareClass12023-07-3112218140ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3112218140ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-012023-07-31
REGISTERED NUMBER: 12218140 (England and Wales)












Financial Statements

for the Year Ended 31 July 2023

for

Delavi UK Limited

Delavi UK Limited (Registered number: 12218140)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Delavi UK Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: G J M Vandenberghe





SECRETARY: MY UK OFFICE LIMITED





REGISTERED OFFICE: Westwood House
Annie Med Lane
South Cave
East Yorkshire
HU15 2HG





REGISTERED NUMBER: 12218140 (England and Wales)





AUDITORS: Try Lunn & Co
Chartered Accountants
and Statutory Auditors
Roland House
Princes Dock Street
HULL HU1 2LD

Delavi UK Limited (Registered number: 12218140)

Balance Sheet
31 July 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 1,155,735 807,490
Cash at bank 43,692 1,339,050
1,199,427 2,146,540
CREDITORS
Amounts falling due within one year 5 388,000 1,820,053
NET CURRENT ASSETS 811,427 326,487
TOTAL ASSETS LESS CURRENT
LIABILITIES

811,427

326,487

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 811,327 326,387
SHAREHOLDERS' FUNDS 811,427 326,487

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 director and authorised for issue on 16 February 2024 and were signed by:





G J M Vandenberghe - Director


Delavi UK Limited (Registered number: 12218140)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Delavi UK 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.

Turnover from the sale of goods is recognised when goods are delivered and legal ownership is transferred to the customer.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,149,662 800,982
Other debtors 6,073 6,508
1,155,735 807,490

Delavi UK Limited (Registered number: 12218140)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 320,283 1,248,289
Amounts owed to group undertakings 1,300 396,300
Taxation and social security 59,377 169,214
Other creditors 7,040 6,250
388,000 1,820,053

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

7. RESERVES
Retained
earnings
£   

At 1 August 2022 326,387
Profit for the year 484,940
At 31 July 2023 811,327

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Simon Moss FCCA (Senior Statutory Auditor)
for and on behalf of Try Lunn & Co

9. RELATED PARTY DISCLOSURES

During the year the company purchased goods, at arms length, amounting to £10,260,509 (2022 - £8,115,912) from sister company Delavi NV and charged Delavi NV sales commission of £768,114 (2022 - £608,662). At 31 July 2023 the company owed Delavi NV £175,546 (2022 - £1,164,947). This amount is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The parent company is De Poelberg BV, a company registered in Belgium.

The ultimate controlling parties are A De Laere and K De Laere, the shareholders of De Poelberg BV.