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REGISTERED NUMBER: 11446004 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

DELTA LINK LIMITED

DELTA LINK LIMITED (REGISTERED NUMBER: 11446004)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DELTA LINK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: M J Dunn
Mrs H Dunn





SECRETARY:





REGISTERED OFFICE: Old Bank
The Triangle
Paulton
Bristol
BS39 7LE





REGISTERED NUMBER: 11446004 (England and Wales)





ACCOUNTANTS: Peregrine
Chartered Accountants
Old Bank
The Triangle
Paulton
Bristol
BS39 7LE

DELTA LINK LIMITED (REGISTERED NUMBER: 11446004)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 225,606 223,372

CURRENT ASSETS
Cash at bank 11,721 10,370

CREDITORS
Amounts falling due within one year 5 70,708 70,177
NET CURRENT LIABILITIES (58,987 ) (59,807 )
TOTAL ASSETS LESS CURRENT LIABILITIES 166,619 163,565

CREDITORS
Amounts falling due after more than one year 6 125,230 125,212
NET ASSETS 41,389 38,353

CAPITAL AND RESERVES
Called up share capital 100 100
Non distributable reserves 8 40,598 38,364
Retained earnings 691 (111 )
41,389 38,353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





M J Dunn - Director


DELTA LINK LIMITED (REGISTERED NUMBER: 11446004)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Delta Link Limited 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 223,372
Revaluations 2,234
At 31 July 2024 225,606
NET BOOK VALUE
At 31 July 2024 225,606
At 31 July 2023 223,372

DELTA LINK LIMITED (REGISTERED NUMBER: 11446004)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2019 186,439
Valuation in 2020 1,548
Valuation in 2021 9,399
Valuation in 2022 24,654
Valuation in 2023 1,332
Valuation in 2024 2,234
225,606

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 332 142
Other creditors 70,376 70,035
70,708 70,177

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 125,230 125,212

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage 125,230 125,212

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 125,230 125,212

The outstanding mortgage balance of £125,230.29 is secured against the Investment property.

8. RESERVES
Non
distributable
reserves
£   
At 1 August 2023 38,364
Movement in year 2,234

At 31 July 2024 40,598