IRIS Accounts Production v24.2.0.383 00890803 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh008908032022-11-30008908032023-11-30008908032022-12-012023-11-30008908032021-11-30008908032021-12-012022-11-30008908032022-11-3000890803ns15:EnglandWales2022-12-012023-11-3000890803ns14:PoundSterling2022-12-012023-11-3000890803ns10:Director12022-12-012023-11-3000890803ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3000890803ns10:SmallEntities2022-12-012023-11-3000890803ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3000890803ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3000890803ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3000890803ns10:FullAccounts2022-12-012023-11-3000890803ns10:Director22022-12-012023-11-3000890803ns10:CompanySecretary12022-12-012023-11-3000890803ns10:RegisteredOffice2022-12-012023-11-3000890803ns5:CurrentFinancialInstruments2023-11-3000890803ns5:CurrentFinancialInstruments2022-11-3000890803ns5:Non-currentFinancialInstruments2023-11-3000890803ns5:Non-currentFinancialInstruments2022-11-3000890803ns5:ShareCapital2023-11-3000890803ns5:ShareCapital2022-11-3000890803ns5:RetainedEarningsAccumulatedLosses2023-11-3000890803ns5:PlantMachinery2022-12-012023-11-3000890803ns5:FurnitureFittings2022-12-012023-11-3000890803ns5:MotorVehicles2022-12-012023-11-3000890803ns5:ComputerEquipment2022-12-012023-11-3000890803ns5:LandBuildings2022-11-3000890803ns5:LeaseholdImprovements2022-11-3000890803ns5:PlantMachinery2022-11-3000890803ns5:LandBuildings2022-12-012023-11-3000890803ns5:LeaseholdImprovements2022-12-012023-11-3000890803ns5:LandBuildings2023-11-3000890803ns5:LeaseholdImprovements2023-11-3000890803ns5:PlantMachinery2023-11-3000890803ns5:LandBuildings2022-11-3000890803ns5:LeaseholdImprovements2022-11-3000890803ns5:PlantMachinery2022-11-3000890803ns5:FurnitureFittings2022-11-3000890803ns5:MotorVehicles2022-11-3000890803ns5:ComputerEquipment2022-11-3000890803ns5:FurnitureFittings2023-11-3000890803ns5:MotorVehicles2023-11-3000890803ns5:ComputerEquipment2023-11-3000890803ns5:FurnitureFittings2022-11-3000890803ns5:MotorVehicles2022-11-3000890803ns5:ComputerEquipment2022-11-3000890803ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3000890803ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30008908031ns10:Director12022-11-30008908031ns10:Director12021-11-30008908031ns10:Director12022-12-012023-11-30008908031ns10:Director12021-12-012022-11-30008908031ns10:Director12023-11-30008908031ns10:Director12022-11-30
















DELOMAC LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH NOVEMBER 2023






DELOMAC LIMITED (REGISTERED NUMBER: 00890803)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 5

Accountants' Report 9

DELOMAC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: K Appleton
M B McNulty



SECRETARY: M B McNulty



REGISTERED OFFICE: 1B Orchard Street
Kempston
Bedfordshire
MK42 7JA



REGISTERED NUMBER: 00890803 (England and Wales)



ACCOUNTANTS: HW Bedford Limited
Trading as Haines Watts
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN



BANKERS: HSBC Bank plc
12 Allhallows
Bedford
Bedfordshire
MK40 1LJ

DELOMAC LIMITED (REGISTERED NUMBER: 00890803)

BALANCE SHEET
30TH NOVEMBER 2023

30/11/23 30/11/22
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 411,966 238,518

CURRENT ASSETS
Stocks 5 70,999 77,501
Debtors 6 550,433 557,075
Cash at bank 249,174 384,778
870,606 1,019,354
CREDITORS
Amounts falling due within one year 7 124,295 114,437
NET CURRENT ASSETS 746,311 904,917
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,158,277

1,143,435

CREDITORS
Amounts falling due after more than one year 8 (23,383 ) -

PROVISIONS FOR LIABILITIES (15,749 ) (28,903 )
NET ASSETS 1,119,145 1,114,532

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 1,117,145 1,112,532
SHAREHOLDERS' FUNDS 1,119,145 1,114,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

DELOMAC LIMITED (REGISTERED NUMBER: 00890803)

BALANCE SHEET - continued
30TH NOVEMBER 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 Statement of Comprehensive Income has not been delivered.

DELOMAC LIMITED (REGISTERED NUMBER: 00890803)

BALANCE SHEET - continued
30TH NOVEMBER 2023



The financial statements were approved by the Board of Directors and authorised for issue on 22nd August 2024 and were signed on its behalf by:





M B McNulty - Director


DELOMAC LIMITED (REGISTERED NUMBER: 00890803)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Delomac 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents the work completed for various roofing activities.

Turnover is stated at the net of value added tax.

Any amounts invoiced above the valuation is treated as deferred income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Stocks and long term contracts
Stock is valued at the estimated selling price less costs to complete and sell, 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 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.


DELOMAC LIMITED (REGISTERED NUMBER: 00890803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

2. ACCOUNTING POLICIES - continued
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.

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 11 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1st December 2022 - 6,694 51,775
Additions 202,244 - 283
Disposals - - -
At 30th November 2023 202,244 6,694 52,058
DEPRECIATION
At 1st December 2022 - 2,139 42,445
Charge for year 333 455 2,363
Eliminated on disposal - - -
At 30th November 2023 333 2,594 44,808
NET BOOK VALUE
At 30th November 2023 201,911 4,100 7,250
At 30th November 2022 - 4,555 9,330

DELOMAC LIMITED (REGISTERED NUMBER: 00890803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st December 2022 12,024 391,661 16,363 478,517
Additions - 42,495 1,150 246,172
Disposals - (37,170 ) - (37,170 )
At 30th November 2023 12,024 396,986 17,513 687,519
DEPRECIATION
At 1st December 2022 8,283 173,595 13,537 239,999
Charge for year 375 63,268 1,977 68,771
Eliminated on disposal - (33,217 ) - (33,217 )
At 30th November 2023 8,658 203,646 15,514 275,553
NET BOOK VALUE
At 30th November 2023 3,366 193,340 1,999 411,966
At 30th November 2022 3,741 218,066 2,826 238,518

The net book value of tangible fixed assets includes £ 32,757 in respect of assets held under hire purchase contracts.

5. STOCKS
30/11/23 30/11/22
as restated
£    £   
Stocks 70,999 77,501

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
as restated
£    £   
Trade debtors 469,860 316,133
Doubtful debt provision (28,720 ) (26,557 )
Amounts recoverable on contract 74,114 81,938
Directors' current accounts - 150,193
VAT 27,485 29,190
Other debtors 3,000 476
Prepayments and accrued income 4,694 5,702
550,433 557,075

DELOMAC LIMITED (REGISTERED NUMBER: 00890803)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
as restated
£    £   
Bank loans and overdrafts 499 371
Hire purchase contracts 5,202 -
Trade creditors 47,811 81,148
Corporation tax 31,241 8,707
Social security and other taxes 18,701 17,401
Other creditors 1,028 1,020
Directors' current accounts 14,064 -
Accruals and deferred income 5,749 5,790
124,295 114,437

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/23 30/11/22
as restated
£    £   
Hire purchase contracts 23,383 -

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2023 and 30th November 2022:

30/11/23 30/11/22
as restated
£    £   
M B McNulty
Balance outstanding at start of year 150,193 71,932
Amounts advanced - 143,501
Amounts repaid (150,193 ) (65,240 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 150,193

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DELOMAC LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Delomac Limited for the year ended 30th November 2023 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Delomac Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Delomac Limited and state those matters that we have agreed to state to the Board of Directors of Delomac Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Delomac Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Delomac Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Delomac Limited. You consider that Delomac Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Delomac Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






HW Bedford Limited
Trading as Haines Watts
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN


28th August 2024