IRIS Accounts Production v24.2.0.383 00256148 director 1.1.23 31.12.23 31.12.23 0 0 false true false false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh002561482022-12-31002561482023-12-31002561482023-01-012023-12-31002561482021-12-31002561482022-01-012022-12-31002561482022-12-3100256148ns15:EnglandWales2023-01-012023-12-3100256148ns14:PoundSterling2023-01-012023-12-3100256148ns10:Director12023-01-012023-12-3100256148ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3100256148ns10:SmallEntities2023-01-012023-12-3100256148ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3100256148ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3100256148ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3100256148ns10:FullAccounts2023-01-012023-12-3100256148ns5:Associate22023-01-012023-12-3100256148ns10:OrdinaryShareClass12023-01-012023-12-3100256148ns5:CurrentFinancialInstruments2023-12-3100256148ns5:CurrentFinancialInstruments2022-12-3100256148ns5:ShareCapital2023-12-3100256148ns5:ShareCapital2022-12-3100256148ns5:RevaluationReserve2023-12-3100256148ns5:RevaluationReserve2022-12-3100256148ns5:RetainedEarningsAccumulatedLosses2023-12-3100256148ns5:RetainedEarningsAccumulatedLosses2022-12-3100256148ns10:RegisteredOffice2023-01-012023-12-3100256148ns5:MotorVehicles2023-01-012023-12-3100256148ns5:ComputerEquipment2023-01-012023-12-3100256148ns5:MotorVehicles2022-12-3100256148ns5:ComputerEquipment2022-12-3100256148ns5:MotorVehicles2023-12-3100256148ns5:ComputerEquipment2023-12-3100256148ns5:MotorVehicles2022-12-3100256148ns5:ComputerEquipment2022-12-3100256148ns5:CostValuation2022-12-3100256148ns5:DisposalsRepaymentsInvestments2023-12-3100256148ns5:CostValuation2023-12-3100256148ns5:Associate232023-01-012023-12-3100256148ns5:Associate22023-12-3100256148ns5:Associate22022-12-3100256148ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3100256148ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3100256148ns10:OrdinaryShareClass12023-12-3100256148ns5:RevaluationReserve2022-12-31
REGISTERED NUMBER: 00256148 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DELAHEYS LAND INVESTMENTS LIMITED

DELAHEYS LAND INVESTMENTS LIMITED (REGISTERED NUMBER: 00256148)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


DELAHEYS LAND INVESTMENTS LIMITED (REGISTERED NUMBER: 00256148)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 85 113
Investments 5 1 17,001
Investment property 6 310,250 310,250
310,336 327,364

CURRENT ASSETS
Stocks 7 150,852 150,852
Debtors 8 2,345 360,234
Cash at bank 919,288 247,081
1,072,485 758,167
CREDITORS
Amounts falling due within one year 9 191,220 30,304
NET CURRENT ASSETS 881,265 727,863
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,191,601

1,055,227

PROVISIONS FOR LIABILITIES 21 21
NET ASSETS 1,191,580 1,055,206

CAPITAL AND RESERVES
Called up share capital 10 100 100
Non distributable reserve 11 (1,405 ) (1,405 )
Retained earnings 1,192,885 1,056,511
SHAREHOLDERS' FUNDS 1,191,580 1,055,206

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

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

DELAHEYS LAND INVESTMENTS LIMITED (REGISTERED NUMBER: 00256148)

BALANCE SHEET - continued
31 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2024 and were signed by:





Mr J L C Campbell - Director


DELAHEYS LAND INVESTMENTS LIMITED (REGISTERED NUMBER: 00256148)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Delaheys Land Investments Limited 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: 00256148

Registered office: 5 Brooklands Place
Brooklands Road
Sale
Cheshire
M33 3SD

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 as modified by the revaluation of certain assets.

The results are presented for the company as a single entity only.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment property is carried at fair value and revaluation surpluses are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The effect of this departure from the Companies Act 2006 has not been quantified because it is impracticable and, in the opinion of the director, would be misleading.

Stocks and work in progress
Stocks and work in progress are stated at the lower of cost and net realisable value. Costs include overheads which have been incurred in bringing the stock to its present location and condition. Net realisable value represents sales value less appropriate selling costs.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Fixed asset investments
Fixed asset investments are stated at cost less provision for permanent impairment.

DELAHEYS LAND INVESTMENTS LIMITED (REGISTERED NUMBER: 00256148)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Going concern
Based on current trading and future expectations, the director is confident the company will continue to trade profitably in future periods and generate sufficient cash flows to meet its obligations as they fall due for payment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 3,651 1,399 5,050
DEPRECIATION
At 1 January 2023 3,538 1,399 4,937
Charge for year 28 - 28
At 31 December 2023 3,566 1,399 4,965
NET BOOK VALUE
At 31 December 2023 85 - 85
At 31 December 2022 113 - 113


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023 17,001
Disposals (17,000 )
At 31 December 2023 1
NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 17,001

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Cluny Limited
Registered office:
Nature of business: Woodlands
%
Class of shares: holding
Ordinary 33.00

DELAHEYS LAND INVESTMENTS LIMITED (REGISTERED NUMBER: 00256148)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. FIXED ASSET INVESTMENTS - continued
2023 2022
£    £   
Aggregate capital and reserves 50,003 50,003

With regard to associated undertakings, in the opinion of the directors, the aggregate value of the assets of the company, consisting of shares in or amounts owing from the associated undertakings, is not less than the amounts at which those assets are stated or included in the company's balance sheet.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 310,250
NET BOOK VALUE
At 31 December 2023 310,250
At 31 December 2022 310,250

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 310,250

7. STOCKS
2023 2022
£    £   
Stock of trading properties 150,852 150,852

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,499 349,999
Prepayments and accrued income 846 10,235
2,345 360,234

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,176 2,617
Amounts owed to group undertakings 151,317 -
Corporation tax 37,151 22,960
Other creditors - 1,317
Accruals and deferred income 1,576 3,410
191,220 30,304

DELAHEYS LAND INVESTMENTS LIMITED (REGISTERED NUMBER: 00256148)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Non
distributable
reserve
£   
At 1 January 2023
and 31 December 2023 (1,405 )

12. RELATED PARTY DISCLOSURES

As at 31 December 2023 there was an amount due to Ellis & Sons (Southern) Property Investments Limited, a company of which J L C Campbell is a director, of £150,000 (2022: £NIL). The loan has no fixed repayment terms and is interest free.

As at 31 December 2023 there was an amount due to Delaheys Holdings Limited, a company of which J L C Campbell is a director, of £1,317 (2022: £1,317). The loan has no fixed repayment terms and is interest free.

Two loans were made to Joint Ventures (London) Limited, a company of which J L C Campbell is a director and a 50% shareholder. Interest has been charged at 4% on the junior loan and 6% on the senior loan. The amount outstanding from the company on the junior loan at 31 December 2023 is £NIL (2022: £250,000). The amount outstanding from the senior debt loan at 31 December 2023 is £NIL (2022: £100,000).

13. ULTIMATE CONTROLLING PARTY

The immediate parent company is Delaheys Holdings Limited, a company incorporated in England and Wales. The ultimate controlling party is the JLCC Campbell Settlement, a trust in which J L C Campbell is a beneficiary.