Company Registration No. 14012107 (England and Wales)
Delchi Capital Ltd
Unaudited accounts
for the year ended 31 March 2024
Delchi Capital Ltd
Unaudited accounts
Contents
Delchi Capital Ltd
Company Information
for the year ended 31 March 2024
Directors
Andre Michel Bruck Less
Diana Nahum Golub
Company Number
14012107 (England and Wales)
Registered Office
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Delchi Capital Ltd for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Delchi Capital Ltd for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Delchi Capital Ltd, as a body, in accordance with the terms of our engagement letter dated 5 April 2022. Our work has been undertaken solely to prepare for your approval the accounts of Delchi Capital Ltd and state those matters that we have agreed to state to the Board of Directors of Delchi Capital Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Delchi Capital Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Delchi Capital Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Delchi Capital Ltd. You consider that Delchi Capital Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Delchi Capital Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd
Chartered Accountants
103 High Street
Waltham Cross
EN8 7AN
11 November 2024
Delchi Capital Ltd
Statement of financial position
as at 31 March 2024
Investments
558,080
529,822
Creditors: amounts falling due within one year
(531,222)
(530,622)
Net current liabilities
(531,222)
(530,622)
Net assets/(liabilities)
26,858
(800)
Called up share capital
100
100
Profit and loss account
26,758
(900)
Shareholders' funds
26,858
(800)
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by
Andre Michel Bruck Less
Director
Company Registration No. 14012107
Delchi Capital Ltd
Notes to the Accounts
for the year ended 31 March 2024
Delchi Capital Ltd is a private company, limited by shares, registered in England and Wales, registration number 14012107. The registered office is Brindley Goldstein Ltd, 103 High Street, Waltham Cross, EN8 7AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
The directors, having considered the net liability position of the company and made due enquiries, continue to adopt the going concern basis in preparing the financial statements as they will support the company and believe the company will continue in operation for the foreseeable future.
4
Investments
Other investments
Valuation at 1 April 2023
529,822
Fair value adjustments
28,258
Valuation at 31 March 2024
558,080
The company purchased 2.3333% of the stocks of Multery Company SA on 4 April 2022 at a cost of $700,000.
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
530,622
530,022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Delchi Capital Ltd
Notes to the Accounts
for the year ended 31 March 2024
7
Transactions with related parties
The company was under the control of Andre Michel Bruck Less and Diana Nahum Golub throughout the current period. Andre and Diana are each personally interested in 50% of the company's share capital.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).