DLTFS Ltd 12365085 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is property finance. Digita Accounts Production Advanced 6.30.9574.0 true 12365085 2023-01-01 2023-12-31 12365085 2023-12-31 12365085 core:RetainedEarningsAccumulatedLosses 2023-12-31 12365085 core:ShareCapital 2023-12-31 12365085 core:CurrentFinancialInstruments 2023-12-31 12365085 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 12365085 bus:SmallEntities 2023-01-01 2023-12-31 12365085 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12365085 bus:FullAccounts 2023-01-01 2023-12-31 12365085 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12365085 bus:RegisteredOffice 2023-01-01 2023-12-31 12365085 bus:Director1 2023-01-01 2023-12-31 12365085 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12365085 countries:EnglandWales 2023-01-01 2023-12-31 12365085 2022-01-01 2022-12-31 12365085 2022-12-31 12365085 core:RetainedEarningsAccumulatedLosses 2022-12-31 12365085 core:ShareCapital 2022-12-31 12365085 core:CurrentFinancialInstruments 2022-12-31 12365085 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 12365085

DLTFS Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

DLTFS Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

DLTFS Ltd

(Registration number: 12365085)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

4,230

4,327

Creditors: Amounts falling due within one year

5

(5,220)

(5,027)

Net liabilities

 

(990)

(700)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(1,090)

(800)

Shareholders' deficit

 

(990)

(700)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 5 September 2024
 

.........................................
D Turner
Director

 

DLTFS Ltd

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
16 Harrowins Farm Drive Queensbury
Bradford
BD13 1DH
England

These financial statements were authorised for issue by the director on 5 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared in sterling (£) using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

DLTFS Ltd

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Debtors

Note

2023
£

2022
£

Amounts owed by related parties

1,000

1,000

Other debtors

 

3,230

3,327

 

4,230

4,327

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

193

120

Other creditors

5,027

4,907

5,220

5,027