DELTA STEEPLEJACKS LIMITED

Company Registration Number:
01343418 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

DELTA STEEPLEJACKS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

DELTA STEEPLEJACKS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 430,852 341,771
Total fixed assets: 430,852 341,771
Current assets
Stocks: 10,026 10,026
Debtors: 4 1,493,551 1,573,302
Cash at bank and in hand: 69,884 32,708
Total current assets: 1,573,461 1,616,036
Creditors: amounts falling due within one year: 5 (616,785) (554,604)
Net current assets (liabilities): 956,676 1,061,432
Total assets less current liabilities: 1,387,528 1,403,203
Creditors: amounts falling due after more than one year: 6 (138,884) (98,921)
Provision for liabilities: (99,600) (79,181)
Total net assets (liabilities): 1,149,044 1,225,101
Capital and reserves
Called up share capital: 9,529 9,529
Share premium account: 86,051 86,051
Profit and loss account: 1,053,464 1,129,521
Shareholders funds: 1,149,044 1,225,101

The notes form part of these financial statements

DELTA STEEPLEJACKS LIMITED

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 August 2024
and signed on behalf of the board by:

Name: Mrs E J Hill
Status: Director

The notes form part of these financial statements

DELTA STEEPLEJACKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of the repair and building of industrial chimneys and other tall structure services provided by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant & machinery - 15%-25% Reducing balanceMotor vehicles - 25% Straight lineFixtures & fittings - 20% Reducing balance

Other accounting policies

InventoriesStocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.Foreign currenciesMonetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.Hire purchase and leasing commitmentsRentals payable under operating leases are charged against income on a straight line basis over the lease term.The finance element of the rental payment is charged to the profit and loss account on a straight line basis.Pension costs and other post-retirement benefitsThe company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.

DELTA STEEPLEJACKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 36 35

DELTA STEEPLEJACKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,422,661
Additions 245,400
Disposals (77,944)
At 31 December 2023 1,590,117
Depreciation
At 01 January 2023 1,080,890
Charge for year 105,273
On disposals (26,898)
At 31 December 2023 1,159,265
Net book value
At 31 December 2023 430,852
At 31 December 2022 341,771

DELTA STEEPLEJACKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

Debtors comprise of: Trade debtors - £583,873 (2022 - £792,721), Amounts owed by group undertakings and participating interests - £533,461 (2022 - £339,213), Other debtors - £376,217 (2022 - £441,368). Debtors include the following amounts falling due after more than one year, Amounts owed by group undertakings and participating interest - £533,461 (2022 - £339,213)

DELTA STEEPLEJACKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Bank loans and overdraft - £10,660 (2022 - £10,660)Trade creditors - £189,301 (2022 - £168,817)Amounts owed to group undertakings and undertakings in which the company has a participating interest - £nil (2022 - £54,909)Taxation and social security - £149,660 (2022 - £137,235)Other creditors - £267,164 (2022 - £182,983)

DELTA STEEPLEJACKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

Bank loans and overdraft - £13,524 (2022 - £23,453)Other creditors - £125,360 (2022 - £75,468)

DELTA STEEPLEJACKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Related party transactions

The company is a subsidiary of Think Delta Group Limited, a company incorporated in England and Wales.The parent company's registered office address is:Delta House,Wrigley Street,Oldham,OL4 1SLThe ultimate parent company is Brightissue Holdings Limited, a company incorporated in England and Wales.The ultimate parent company's registered office address is:Delta House,Wrigley Street,Oldham,OL4 1SL