IRIS Accounts Production v24.1.4.33 02666003 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh026660032022-12-31026660032023-12-31026660032023-01-012023-12-31026660032021-12-31026660032022-01-012022-12-31026660032022-12-3102666003ns15:EnglandWales2023-01-012023-12-3102666003ns14:PoundSterling2023-01-012023-12-3102666003ns10:Director12023-01-012023-12-3102666003ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102666003ns10:SmallEntities2023-01-012023-12-3102666003ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3102666003ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102666003ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102666003ns10:FullAccounts2023-01-012023-12-3102666003ns10:RegisteredOffice2023-01-012023-12-3102666003ns5:CurrentFinancialInstruments2023-12-3102666003ns5:CurrentFinancialInstruments2022-12-3102666003ns5:Non-currentFinancialInstruments2023-12-3102666003ns5:Non-currentFinancialInstruments2022-12-3102666003ns5:ShareCapital2023-12-3102666003ns5:ShareCapital2022-12-3102666003ns5:RetainedEarningsAccumulatedLosses2023-12-3102666003ns5:RetainedEarningsAccumulatedLosses2022-12-3102666003ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-01-012023-12-3102666003ns5:PlantMachinery2023-01-012023-12-3102666003ns5:MotorVehicles2023-01-012023-12-3102666003ns5:LandBuildings2022-12-3102666003ns5:PlantMachinery2022-12-3102666003ns5:MotorVehicles2022-12-3102666003ns5:LandBuildings2023-01-012023-12-3102666003ns5:LandBuildings2023-12-3102666003ns5:PlantMachinery2023-12-3102666003ns5:MotorVehicles2023-12-3102666003ns5:LandBuildings2022-12-3102666003ns5:PlantMachinery2022-12-3102666003ns5:MotorVehicles2022-12-3102666003ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3102666003ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 02666003 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31st December 2023

for

Delstron Systems Limited

Delstron Systems Limited (Registered number: 02666003)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Delstron Systems Limited

Company Information
for the Year Ended 31st December 2023







DIRECTOR: Mr S Cardwell





REGISTERED OFFICE: Project House
Paget Street
Burton On Trent
Staffordshire
DE14 3TQ





REGISTERED NUMBER: 02666003 (England and Wales)





ACCOUNTANTS: Rice & Co Limited
Chartered Accountants
Curzon St. Business Centre
Curzon Street
Burton on Trent
Staffordshire
DE14 2DH

Delstron Systems Limited (Registered number: 02666003)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 398,794 379,264

CURRENT ASSETS
Stocks 250,000 275,000
Debtors 5 311,865 448,092
Cash at bank 436,627 394,406
998,492 1,117,498
CREDITORS
Amounts falling due within one year 6 254,408 327,400
NET CURRENT ASSETS 744,084 790,098
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,142,878

1,169,362

CREDITORS
Amounts falling due after more than one
year

7

(100,685

)

(136,653

)

PROVISIONS FOR LIABILITIES (15,597 ) (11,886 )
NET ASSETS 1,026,596 1,020,823

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,026,396 1,020,623
SHAREHOLDERS' FUNDS 1,026,596 1,020,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

Delstron Systems Limited (Registered number: 02666003)

Balance Sheet - continued
31st December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16th August 2024 and were signed by:





Mr S Cardwell - Director


Delstron Systems Limited (Registered number: 02666003)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Delstron Systems 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.

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 and value added tax.
Turnover is recognised on delivery of products resulting in the company obtaining the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Delstron Systems Limited (Registered number: 02666003)

Notes to the Financial Statements - continued
for the Year Ended 31st December 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 12 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1st January 2023 316,705 66,878 66,887 450,470
Additions - 11,722 29,215 40,937
Disposals - - (11,753 ) (11,753 )
At 31st December 2023 316,705 78,600 84,349 479,654
DEPRECIATION
At 1st January 2023 - 41,264 29,942 71,206
Charge for year - 7,467 13,055 20,522
Eliminated on disposal - - (10,868 ) (10,868 )
At 31st December 2023 - 48,731 32,129 80,860
NET BOOK VALUE
At 31st December 2023 316,705 29,869 52,220 398,794
At 31st December 2022 316,705 25,614 36,945 379,264

Delstron Systems Limited (Registered number: 02666003)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 248,714 382,796
Other debtors 63,151 65,296
311,865 448,092

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 10,000
Finance leases 5,135 6,380
Trade creditors 130,076 174,353
Taxation and social security 115,599 132,720
Other creditors 3,598 3,947
254,408 327,400

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans - 30,833
Finance leases 21,896 27,031
Other creditors 78,789 78,789
100,685 136,653