REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
Deltabond Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
Deltabond Limited |
Deltabond Limited (Registered number: 01454231) |
Contents of the Financial Statements |
for the Year Ended 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Deltabond Limited |
Company Information |
for the Year Ended 31 March 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Deltabond Limited (Registered number: 01454231) |
Balance Sheet |
31 March 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Revaluation reserve | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Deltabond Limited (Registered number: 01454231) |
Notes to the Financial Statements |
for the Year Ended 31 March 2024 |
1. | STATUTORY INFORMATION |
Deltabond Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
The turnover of the company represent net rents received from rental, sale proceeds and management of the company's freehold properties. |
Tangible fixed assets |
Freehold property | - |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - |
4. | TANGIBLE FIXED ASSETS |
Improvements |
Freehold | to | Plant and |
property | property | machinery |
£ | £ | £ |
COST OR VALUATION |
At 1 April 2023 |
Additions |
Revaluations |
At 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
Deltabond Limited (Registered number: 01454231) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
4. | TANGIBLE FIXED ASSETS - continued |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 April 2023 |
Additions |
Revaluations |
At 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
The investment properties revaluation was undertaken by the directors, Mr B A Langevad and Mrs M L M Langevad. This revaluation was based on estate agents valuations of properties similar in size and condition within the vicinity of the properties. |
Cost or valuation at 31 March 2024 is represented by: |
Improvements |
Freehold | to | Plant and |
property | property | machinery |
£ | £ | £ |
Valuation in 2017 | 900,000 | - | - |
Valuation in 2018 | 420,000 | - | - |
Valuation in 2019 | 394,000 | - | - |
Valuation in 2020 | 680,000 | - | - |
Valuation in 2021 | 360,000 | - | - |
Valuation in 2022 | 840,000 | - | - |
Valuation in 2023 | (95,000 | ) | - | - |
Cost | 5,911,000 | 1,160,228 | 432,272 |
9,410,000 | 1,160,228 | 432,272 |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
Valuation in 2017 | - | - | 900,000 |
Valuation in 2018 | - | - | 420,000 |
Valuation in 2019 | - | - | 394,000 |
Valuation in 2020 | - | - | 680,000 |
Valuation in 2021 | - | - | 360,000 |
Valuation in 2022 | - | - | 840,000 |
Valuation in 2023 | - | - | (95,000 | ) |
Cost | 345,283 | 2,052 | 7,850,835 |
345,283 | 2,052 | 11,349,835 |
Deltabond Limited (Registered number: 01454231) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
4. | TANGIBLE FIXED ASSETS - continued |
If investment properties had not been revalued they would have been included at the following historical cost: |
31.3.24 | 31.3.23 |
£ | £ |
Cost | 813,729 | 813,729 |
Investment properties were valued on open market basis on 31 March 2012 by Mr B A Langevad and Mrs M L M Langevad . |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Trade creditors |
Tax |
Other creditors |
Accrued expenses |
6. | RESERVES |
Revaluation |
reserve |
£ |
At 1 April 2023 |
Revaluation reserve | 585,000 |
At 31 March 2024 |
7. |