Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 04828012 Mr Edward Dyas Mrs Sarah Norton Mrs Ronelda Dyas Mr Charles Dyas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04828012 2023-01-31 04828012 2024-01-31 04828012 2023-02-01 2024-01-31 04828012 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 04828012 frs-core:ShareCapital 2024-01-31 04828012 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 04828012 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 04828012 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 04828012 frs-bus:SmallEntities 2023-02-01 2024-01-31 04828012 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 04828012 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 04828012 frs-core:CostValuation 2023-01-31 04828012 frs-core:CostValuation 2024-01-31 04828012 frs-bus:Director1 2023-02-01 2024-01-31 04828012 frs-bus:Director2 2023-02-01 2024-01-31 04828012 frs-bus:Director3 2023-02-01 2024-01-31 04828012 frs-bus:Director4 2023-02-01 2024-01-31 04828012 frs-countries:EnglandWales 2023-02-01 2024-01-31 04828012 2022-01-31 04828012 2023-01-31 04828012 2022-02-01 2023-01-31 04828012 frs-core:ShareCapital 2023-01-31 04828012 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 04828012
Delta Technology Group Limited
ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 04828012
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,409,914 2,440,673
Investments 5 204 204
2,410,118 2,440,877
CURRENT ASSETS
Debtors 413,856 305,174
Cash at bank and in hand 61,879 74,208
475,735 379,382
Creditors: Amounts Falling Due Within One Year (371,290 ) (263,727 )
NET CURRENT ASSETS (LIABILITIES) 104,445 115,655
TOTAL ASSETS LESS CURRENT LIABILITIES 2,514,563 2,556,532
PROVISIONS FOR LIABILITIES
Deferred Taxation (388,148 ) (388,148 )
NET ASSETS 2,126,415 2,168,384
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 2,126,315 2,168,284
SHAREHOLDERS' FUNDS 2,126,415 2,168,384
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For the year ending 31 January 2024 the company was entitled to exemption from audit 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 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Charles Dyas
Director
23 October 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Delta Technology Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04828012 . The registered office is Newby Road Industrial Estate, Hazel Grove, Stockport, Cheshire, SK7 5DR.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 4 4
4 4
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4. Tangible Assets
Total
£
Cost
As at 1 February 2023 2,500,000
As at 31 January 2024 2,500,000
Depreciation
As at 1 February 2023 59,327
Provided during the period 30,759
As at 31 January 2024 90,086
Net Book Value
As at 31 January 2024 2,409,914
As at 1 February 2023 2,440,673
Tangible fixed assets includes land valued at £962,045, which is not depreciated.
5. Investments
Total
£
Cost
As at 1 February 2023 204
As at 31 January 2024 204
Provision
As at 1 February 2023 -
As at 31 January 2024 -
Net Book Value
As at 31 January 2024 204
As at 1 February 2023 204
Subsidiary undertakings 
The following were subsidiary undertakings of the company
Name-Class of shares-Holding-£ 
Northern Sea Power Limited-Ordinary-100%-2
Northern Marine Power Limited-Ordinary-100%-2
Northern Aqua Power (Manchester) Limited-Ordinary-100%-100
Delta Fibreglass Solutions Limited-Ordinary-100%-100
Name-Business-Country of incorporation 
Northern Sea Power Limited-Boat parts supplier-England and Wales
Northern Marine Power Limited-Manufacturers of rigid inflatable boats-England and Wales
Northern Aqua Power (Manchester) Limited-Manufacturers of rigid inflatable boats-England and Wales
Delta Fibreglass Solutions Limited-Dormant company-England and Wales
...CONTINUED
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5. Investments - continued
The aggregate of the share capital and reserves as at 31 January 2024 and of the profit or loss for the year
ended on that date for the subsidiary undertakings were as follows:
Name-Aggregate of share capital and reserves £-Profit/(loss) £
Northern Sea Power Limited-679,617-(8,179)
Northern Aqua Power (Manchester) Limited-238,165-(3,714)
Northern Marine Power Limited-858,455-(213,567)
Delta Fibreglass Solutions Limited-(20)-0
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
Northern Marine Power LimitedSubsidiary companyDuring the year, the company made recharges of £1,325 (PY £1,365) to Northern Marine Power Limited and received recharges of £12,791 (PY £40,565). Delta Technology Group Limited paid £127,889 (PY £1,667) to the Northern Marine Power Limited to repay inter-company loans. The balance owed to Delta Technology Group Limited at the year end is £413,656 (PY £297,233).

Northern Marine Power Limited

Subsidiary company

During the year, the company made recharges of £1,325 (PY £1,365) to Northern Marine Power Limited and received recharges of £12,791 (PY £40,565). Delta Technology Group Limited paid £127,889 (PY £1,667) to the Northern Marine Power Limited to repay inter-company loans. The balance owed to Delta Technology Group Limited at the year end is £413,656 (PY £297,233).

Northern Aqua Power (Manchester) LimitedSubsidiary companyDuring the year, Delta Technology Group Limited paid for expenses amounting to £800 (PY £nil) and repaid inter-company loans to associates of Northern Aqua Power (Manchester) Limited amounting to £4,605 (PY £4,058). The balance owing at the year end is £237,033 (PY £242,438).

Northern Aqua Power (Manchester) Limited

Subsidiary company

During the year, Delta Technology Group Limited paid for expenses amounting to £800 (PY £nil) and repaid inter-company loans to associates of Northern Aqua Power (Manchester) Limited amounting to £4,605 (PY £4,058). The balance owing at the year end is £237,033 (PY £242,438).

Northern Sea Power LimitedSubsidiary companyDuring the year, sales were collected by Northern Sea Power Limited on behalf of Delta Technology Group Limited of £36,500 (PY £73,000) and expenses of £40,750 (PY £nil) were paid by Northern Sea Power Limited for Delta Technology Group Limited. Delta Technology Group Limited was repaid inter-company loans owed by the associates of Northern Sea Power Limited amounting to £132,493 (PY £5,725). The balance owed by Delta Technology Group Limited at the year end was £128,802 (PY £7,941).

Northern Sea Power Limited

Subsidiary company

During the year, sales were collected by Northern Sea Power Limited on behalf of Delta Technology Group Limited of £36,500 (PY £73,000) and expenses of £40,750 (PY £nil) were paid by Northern Sea Power Limited for Delta Technology Group Limited. Delta Technology Group Limited was repaid inter-company loans owed by the associates of Northern Sea Power Limited amounting to £132,493 (PY £5,725). The balance owed by Delta Technology Group Limited at the year end was £128,802 (PY £7,941).

The loans are interest free with no fixed plans for repayment. 
Delta Technology Group Limited allows its subsidiaries to trade from the property it owns, free from rent.
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