06870313falsethat of specialist travel agents2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/cd:Director22023-07-012024-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-07-012024-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-07-012024-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2024-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012024-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012024-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06870313

Delmar World Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024

Prepared By:
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU

Delmar World Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
DIRECTORS
Ann Anglesea
David Whelan
REGISTERED OFFICE
54-56 Chester Road
Gresford
Wrexham
Clwyd
LL12 8NE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06870313
ACCOUNTANTS
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU

Delmar World Limited

ACCOUNTS
FOR THEYEARENDED30 JUNE 2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Delmar World Limited

BALANCE SHEET AT 30 June 2024
20242023
Notes££
FIXED ASSETS
Intangible assets2264,000270,000
Tangible assets316,0404,666
280,040274,666
CURRENT ASSETS
Debtors497,817188,233
Cash at bank and in hand244,255248,870
342,072437,103
CREDITORS: Amounts falling due within one year5453,054584,165
NET CURRENT LIABILITIES(110,982)(147,062)
TOTAL ASSETS LESS CURRENT LIABILITIES169,058127,604
CREDITORS: Amounts falling due after more than one year684,28690,242
NET ASSETS84,77237,362
CAPITAL AND RESERVES
Called up share capital8280,004280,004
Profit and loss account(195,232)(242,642)
SHAREHOLDERS' FUNDS84,77237,362
For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14 October 2024 and signed on their behalf by
.............................
Ann Anglesea
Director

Delmar World Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsstraight line 12.50%
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life. The directors have undertaken a review of the value of goodwill and believe that it has a useful economic life of 50 years.
1d. Turnover
Revenue is measured at the fair value of consideration received or receivable and is stated net of discounts and value added tax.
The company recognises revenue and directly associated costs on receipt of the final balance payable by clients.
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 July 2023300,000300,000
At 30 June 2024300,000300,000
Depreciation
At 1 July 202330,00030,000
For the year6,0006,000
At 30 June 202436,00036,000
Net Book Amounts
At 30 June 2024264,000264,000
At 30 June 2023270,000270,000

Delmar World Limited

3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 1 July 202378,49778,497
Additions10,68010,680
At 30 June 202489,17789,177
Depreciation
At 1 July 202369,16269,162
For the year3,9753,975
At 30 June 202473,13773,137
Net Book Amounts
At 30 June 202416,04016,040
At 30 June 20239,3359,335
4. DEBTORS 20242023
££
Amounts falling due within one year
Other debtors1,6611,288
Prepayments7,1186,535
Payments made in advance88,200180,410
Directors current account838-
97,817188,233
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT19,94819,333
PAYE control1,5021,949
Directors current account-26,750
Bank loan (unsecured)5,9565,956
Payments received on account406,958511,307
Trade creditors4,6584,089
Other creditors4,7345,384
Pension schemes676396
Accruals6,2765,747
Deferred income - grants received2,3463,254
453,054584,165

Delmar World Limited

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loan (unsecured)29,28635,242
Redeemable preference shares55,00055,000
84,28690,242
7. EMPLOYEES
20242023
No.No.
Average number of employees97
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
4 Ordinary shares of £1 each44
280,000 Preference shares of £1 each280,000280,000
280,004280,004
9. OTHER FINANCIAL COMMITMENTS
At 30 June 2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating Leases which expire:
Within one year20,25016,753
Within two to five years-14,875

Delmar World Limited

10. MOVEMENT IN SHAREHOLDER FUNDS 20242023
££
Opening shareholders' funds37,36281,822
Profit for the year5398815,137
Prior year adjustment4,671(59,597)
96,02137,362
In prior reporting periods depreciation had been miscalculated.
The comparative figures for the year to 30 June 2023 have been restated by £4,664 to reflect amounts over depreciated in that year.
The prior year adjustments in the note above of £4,671 represents oversated depreciation in periods prior to 1 July 2022.