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REGISTERED NUMBER: 07164093 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Dilitas Ltd

Dilitas Ltd (Registered number: 07164093)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Dilitas Ltd (Registered number: 07164093)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 11,719 3,860
Cash at bank and in hand 1,565 2,020
13,284 5,880
CREDITORS
Amounts falling due within one year 6 85,782 95,380
NET CURRENT LIABILITIES (72,498 ) (89,500 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(72,498

)

(89,500

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (72,499 ) (89,501 )
(72,498 ) (89,500 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 8 August 2024 and were signed by:





C N Cully - Director


Dilitas Ltd (Registered number: 07164093)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Dilitas Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07164093

Registered office: 10 Dovecot Close
Pinner
Middlesex
HA5 2RE

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Dilitas Ltd (Registered number: 07164093)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
The financial statements have been prepared on a going concern basis.

The director has reviewed the financial performance and position of the company and has concluded that the company will be able to meet its obligations for the foreseeable future, being 12 months from the signing of this report.

Therefore, the going concern basis for preparing the financial statements has been appropriately adopted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 15,000
AMORTISATION
At 1 March 2023
and 29 February 2024 15,000
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,154 3,860
Other debtors 565 -
11,719 3,860

Dilitas Ltd (Registered number: 07164093)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,864 5,016
Taxation and social security 31,011 34,280
Other creditors 51,907 56,084
85,782 95,380

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C N Cully.