06870313falsethat of specialist travel agents2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director22022-07-012023-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-07-012023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-07-012023-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2022-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-07-012023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06870313

Delmar World Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023

Prepared By:
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU

Delmar World Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023
DIRECTORS
Ann Anglesea
David Whelan
REGISTERED OFFICE
54-56 Chester Road
Gresford
Wrexham
Clwyd
LL12 8NE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06870313
ACCOUNTANTS
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU

Delmar World Limited

ACCOUNTS
FOR THEYEARENDED30 JUNE 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Delmar World Limited

BALANCE SHEET AT 30 June 2023
20232022
Notes££
FIXED ASSETS
Intangible assets2270,000276,000
Tangible assets315,147
270,001281,147
CURRENT ASSETS
Debtors4188,2335,595
Cash at bank and in hand248,870201,323
437,103206,918
CREDITORS: Amounts falling due within one year5584,165311,155
NET CURRENT LIABILITIES(147,062)(104,237)
TOTAL ASSETS LESS CURRENT LIABILITIES122,939176,910
CREDITORS: Amounts falling due after more than one year690,24295,088
NET ASSETS32,69781,822
CAPITAL AND RESERVES
Called up share capital8280,004280,004
Profit and loss account(247,307)(198,182)
SHAREHOLDERS' FUNDS32,69781,822
For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22 December 2023 and signed on their behalf by
.............................
Ann Anglesea
Director

Delmar World Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsstraight line 12.50%
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life. The directors have undertaken a review of the value of goodwill and believe that it has a useful economic life of 50 years.
1d. Government Grants
Revenue grants from government are recognised in the comprehensive statement of income in the year in which they are received.
Capital grants from government are treated as deferred credits and transferred to the statement of comprehensive income over the useful economic life of the relevant assets.
1e. Turnover
Revenue is measured at the fair value of consideration received or receivable and is stated net of discounts and value added tax.
The company recognises revenue and directly associated costs on receipt of the final balance payable by clients.

Delmar World Limited

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 July 2022300,000300,000
At 30 June 2023300,000300,000
Depreciation
At 1 July 202224,00024,000
For the year6,0006,000
At 30 June 202330,00030,000
Net Book Amounts
At 30 June 2023270,000270,000
At 30 June 2022276,000276,000
3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 1 July 202276,34076,340
Additions2,1582,158
At 30 June 202378,49878,498
Depreciation
At 1 July 202271,19371,193
For the year7,3047,304
At 30 June 202378,49778,497
Net Book Amounts
At 30 June 202311
At 30 June 20225,1475,147
4. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors1,288-
Prepayments6,5355,595
Payments made in advance180,410-
188,2335,595

Delmar World Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
VAT19,33322,647
PAYE control1,9495,209
Directors current account26,75049,607
Bank loan (unsecured)5,9567,067
Payments received on account511,307199,623
Trade creditors4,0896,170
Other creditors5,3845,975
Pension schemes396645
Accruals5,74710,050
Deferred income - grants received3,2544,162
584,165311,155
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loan (unsecured)35,24240,088
Redeemable preference shares55,00055,000
90,24295,088
7. EMPLOYEES
20232022
No.No.
Average number of employees77

Delmar World Limited

8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
4 Ordinary shares of £1 each44
280,000 Preference shares of £1 each280,000280,000
280,004280,004
New shares issued during period:
Ordinary shares of £1 each2
-2
9. OTHER FINANCIAL COMMITMENTS
At 30 June 2023 the company was committed to making the following payments under non-cancellable operating leases:
20232022
££
Operating Leases which expire:
Within one year16,75310,000
Within two to five years14,87521,132
10. MOVEMENT IN SHAREHOLDER FUNDS 20232022
££
Opening shareholders' funds81,82245,291
New shares issued in the year-2
Profit for the year10,47236,529
Prior year adjustment(59,597)-
Closing shareholders' funds32,69781,822