Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 13164536 Mudit Paliwal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13164536 2022-12-31 13164536 2023-12-31 13164536 2023-01-01 2023-12-31 13164536 frs-core:CurrentFinancialInstruments 2023-12-31 13164536 frs-core:ShareCapital 2023-12-31 13164536 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13164536 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13164536 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13164536 frs-bus:SmallEntities 2023-01-01 2023-12-31 13164536 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13164536 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13164536 frs-core:CostValuation 2022-12-31 13164536 frs-core:AdditionsToInvestments 2023-12-31 13164536 frs-core:CostValuation 2023-12-31 13164536 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 13164536 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 13164536 frs-bus:Director1 2023-01-01 2023-12-31 13164536 frs-countries:EnglandWales 2023-01-01 2023-12-31 13164536 2021-12-31 13164536 2022-12-31 13164536 2022-01-01 2022-12-31 13164536 frs-core:CurrentFinancialInstruments 2022-12-31 13164536 frs-core:ShareCapital 2022-12-31 13164536 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13164536
DELTA CORP HOLDINGS LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2023
Wizz Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13164536
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 199,666 1,649
199,666 1,649
CURRENT ASSETS
Debtors 5 202,852 19,637
Cash at bank and in hand 34,459 50,538
237,311 70,175
Creditors: Amounts Falling Due Within One Year 6 (2,033,853 ) (668,409 )
NET CURRENT ASSETS (LIABILITIES) (1,796,542 ) (598,234 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,596,876 ) (596,585 )
NET LIABILITIES (1,596,876 ) (596,585 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account (1,597,876 ) (597,585 )
SHAREHOLDERS' FUNDS (1,596,876) (596,585)
Page 1
Page 2
For the 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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mudit Paliwal
Director
1 October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
DELTA CORP HOLDINGS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13164536 . The registered office is 128 City Road, London, EC1V 2NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: NIL)
1 -
4. Investments
Subsidiaries
£
Cost
As at 1 January 2023 1,649
Additions 198,017
As at 31 December 2023 199,666
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 199,666
As at 1 January 2023 1,649
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 30,891 19,615
VAT 2,687 22
Amounts owed by group undertakings 169,274 -
202,852 19,637
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 9,420 2,836
Corporation tax 20,789 -
Other creditors 103,293 42,208
Accruals and deferred income 132 132
Amounts owed to group undertakings 1,900,219 623,233
2,033,853 668,409
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4