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REGISTERED NUMBER: 00864160 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 APRIL 2024

FOR

DELS SUPERMARKETS LIMITED

DELS SUPERMARKETS LIMITED (REGISTERED NUMBER: 00864160)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DELS SUPERMARKETS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 1 APRIL 2024







DIRECTOR: M Parker





REGISTERED OFFICE: 37 High Street
Swallownest
Sheffield
South Yorkshire
S26 4TT





REGISTERED NUMBER: 00864160 (England and Wales)





ACCOUNTANTS: Drury & Co
Accountants & Business Advisors
21 Hollowgate
Rotherham
South Yorkshire
S60 2LE

DELS SUPERMARKETS LIMITED (REGISTERED NUMBER: 00864160)

BALANCE SHEET
1 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 69,012 73,148
69,012 73,148

CURRENT ASSETS
Stocks 6 219,876 210,885
Debtors 7 3,094 -
Cash at bank and in hand 672,582 590,334
895,552 801,219
CREDITORS
Amounts falling due within one year 8 249,866 261,434
NET CURRENT ASSETS 645,686 539,785
TOTAL ASSETS LESS CURRENT
LIABILITIES

714,698

612,933

CAPITAL AND RESERVES
Called up share capital 35,500 35,500
Share premium 2,210 2,210
Retained earnings 676,988 575,223
SHAREHOLDERS' FUNDS 714,698 612,933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 1 April 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.

DELS SUPERMARKETS LIMITED (REGISTERED NUMBER: 00864160)

BALANCE SHEET - continued
1 APRIL 2024


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 5 September 2024 and were signed by:





M Parker - Director


DELS SUPERMARKETS LIMITED (REGISTERED NUMBER: 00864160)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1 APRIL 2024


1. STATUTORY INFORMATION

Dels Supermarkets 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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 - 2% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, 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.

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.

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.

DELS SUPERMARKETS LIMITED (REGISTERED NUMBER: 00864160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 1 APRIL 2024


2. ACCOUNTING POLICIES - continued

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 17 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 2 April 2023
and 1 April 2024 17,000
AMORTISATION
At 2 April 2023
and 1 April 2024 17,000
NET BOOK VALUE
At 1 April 2024 -
At 1 April 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Long and Motor
property leasehold fittings vehicles Totals
£    £    £    £    £   
COST
At 2 April 2023
and 1 April 2024 35,000 55,000 218,950 10,692 319,642
DEPRECIATION
At 2 April 2023 21,800 6,600 213,416 4,678 246,494
Charge for year 700 1,100 833 1,503 4,136
At 1 April 2024 22,500 7,700 214,249 6,181 250,630
NET BOOK VALUE
At 1 April 2024 12,500 47,300 4,701 4,511 69,012
At 1 April 2023 13,200 48,400 5,534 6,014 73,148

6. STOCKS
2024 2023
£    £   
Finished goods 219,876 210,885

DELS SUPERMARKETS LIMITED (REGISTERED NUMBER: 00864160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 1 APRIL 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,094 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 57,819 99,975
Taxation and social security 88,737 60,840
Other creditors 103,310 100,619
249,866 261,434

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the reporting date, the company was indebted to a director in the sum of £1,182 (2023: £13,673). The transactions during the year consisted of introductions of £94,767 as against withdrawals of £107,258.

There are no formal repayment terms attached to this loan and interest is not being charged.