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REGISTERED NUMBER: 07291984 (England and Wales)









DELTA HOLDINGS SOUTHERN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






DELTA HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 07291984)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DELTA HOLDINGS SOUTHERN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: G R Ayling
A C Ayling





SECRETARY: Mrs A C Ayling





REGISTERED OFFICE: Station House
North Street
Havant
Hampshire
PO9 1QU





REGISTERED NUMBER: 07291984 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

DELTA HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 07291984)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,339,783 1,222,158
Investments 5 2,100 2,100
Investment property 6 876,148 876,148
2,218,031 2,100,406

CURRENT ASSETS
Debtors 7 273,908 358,765
Cash at bank 1,044,725 1,020,686
1,318,633 1,379,451
CREDITORS
Amounts falling due within one year 8 489,872 506,462
NET CURRENT ASSETS 828,761 872,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,046,792

2,973,395

CREDITORS
Amounts falling due after more than one
year

9

(714,570

)

(591,522

)

PROVISIONS FOR LIABILITIES 10 (334,947 ) (305,541 )
NET ASSETS 1,997,275 2,076,332

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Retained earnings 1,994,275 2,073,332
SHAREHOLDERS' FUNDS 1,997,275 2,076,332

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.

DELTA HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 07291984)

BALANCE SHEET - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2025 and were signed on its behalf by:





G R Ayling - Director


DELTA HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 07291984)

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

1. STATUTORY INFORMATION

Delta Holdings Southern 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.

Turnover
Turnover represents net invoiced sale of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Deferred tax
Deferred tax is recognised in respect of all timing differences at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to a deferred tax asset or liability.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

DELTA HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 07291984)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 2,844,376
Additions 651,555
Disposals (99,000 )
At 31 July 2024 3,396,931
DEPRECIATION
At 1 August 2023 1,622,218
Charge for year 524,451
Eliminated on disposal (89,521 )
At 31 July 2024 2,057,148
NET BOOK VALUE
At 31 July 2024 1,339,783
At 31 July 2023 1,222,158

DELTA HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 07291984)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023 2,297,570
Additions 572,350
Disposals (91,000 )
Transfer to ownership (816,080 )
At 31 July 2024 1,962,840
DEPRECIATION
At 1 August 2023 605,957
Charge for year 406,644
Eliminated on disposal (81,521 )
Transfer to ownership (2,347 )
At 31 July 2024 928,733
NET BOOK VALUE
At 31 July 2024 1,034,107
At 31 July 2023 1,691,613

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 2,100
NET BOOK VALUE
At 31 July 2024 2,100
At 31 July 2023 2,100

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 876,148
NET BOOK VALUE
At 31 July 2024 876,148
At 31 July 2023 876,148

DELTA HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 07291984)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 162,630 296,174
Other debtors 111,278 62,591
273,908 358,765

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 345,377 282,758
Trade creditors 62,689 76,839
Taxation and social security (54 ) 15,520
Other creditors 81,860 131,345
489,872 506,462

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 714,570 591,522

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 334,947 305,541

Deferred
tax
£   
Balance at 1 August 2023 305,541
Accelerated capital allowances 29,406
Balance at 31 July 2024 334,947