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REGISTERED NUMBER: 05552563 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

DELYN MANAGEMENT ASSOCIATES LTD
T/A
DELYN MANAGEMENT ASSOCIATES

DELYN MANAGEMENT ASSOCIATES LTD (REGISTERED NUMBER: 05552563)
T/A DELYN MANAGEMENT ASSOCIATES






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DELYN MANAGEMENT ASSOCIATES LTD
T/A DELYN MANAGEMENT ASSOCIATES

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH FEBRUARY 2024







DIRECTOR: C M Gapper





SECRETARY: C M Gapper





REGISTERED OFFICE: Bryntawel
Alltygraban Road
SWANSEA
Swansea
SA4 8DS





REGISTERED NUMBER: 05552563 (England and Wales)





ACCOUNTANTS: Menter Business Advisors Limited
68 Heol Lewis
Rhiwbina
Cardiff
South Glamorgan
CF14 6QB

DELYN MANAGEMENT ASSOCIATES LTD (REGISTERED NUMBER: 05552563)
T/A DELYN MANAGEMENT ASSOCIATES

BALANCE SHEET
29TH FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 279
- 279

CURRENT ASSETS
Debtors 6 23 19,697
Cash at bank 51,087 57,293
51,110 76,990
CREDITORS
Amounts falling due within one year 7 17,219 42,330
NET CURRENT ASSETS 33,891 34,660
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,891

34,939

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 32,891 33,939
SHAREHOLDERS' FUNDS 33,891 34,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DELYN MANAGEMENT ASSOCIATES LTD (REGISTERED NUMBER: 05552563)
T/A DELYN MANAGEMENT ASSOCIATES

BALANCE SHEET - continued
29TH FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th November 2024 and were signed by:





C M Gapper - Director


DELYN MANAGEMENT ASSOCIATES LTD (REGISTERED NUMBER: 05552563)
T/A DELYN MANAGEMENT ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024

1. STATUTORY INFORMATION

Delyn Management Associates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition in 2006 of contracts to provide mentoring, Sourcing and Continuous Improvement Services, has been amortised evenly over its estimated useful life of 2 years and is now fully amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

DELYN MANAGEMENT ASSOCIATES LTD (REGISTERED NUMBER: 05552563)
T/A DELYN MANAGEMENT ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st March 2023
and 29th February 2024 50,000
AMORTISATION
At 1st March 2023
and 29th February 2024 50,000
NET BOOK VALUE
At 29th February 2024 -
At 28th February 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st March 2023 4,279 5,842 10,121
Disposals (4,279 ) (5,842 ) (10,121 )
At 29th February 2024 - - -
DEPRECIATION
At 1st March 2023 4,280 5,562 9,842
Eliminated on disposal (4,280 ) (5,562 ) (9,842 )
At 29th February 2024 - - -
NET BOOK VALUE
At 29th February 2024 - - -
At 28th February 2023 (1 ) 280 279

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors - 18,690
Other debtors - 1,000
Prepayments and Accrued Income 23 7
23 19,697

DELYN MANAGEMENT ASSOCIATES LTD (REGISTERED NUMBER: 05552563)
T/A DELYN MANAGEMENT ASSOCIATES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors - (1 )
Corporation Tax 2,200 4,330
Shareholders' Loan A/c 1 14,669 37,651
Accrued expenses 350 350
17,219 42,330

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
1,000 Ordinary £1 1,000 1,000