IRIS Accounts Production v24.3.2.46 12213909 Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122139092023-09-30122139092024-09-30122139092023-10-012024-09-30122139092022-09-30122139092022-10-012023-09-30122139092023-09-3012213909ns15:EnglandWales2023-10-012024-09-3012213909ns14:PoundSterling2023-10-012024-09-3012213909ns10:Director12023-10-012024-09-3012213909ns10:Director22023-10-012024-09-3012213909ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012213909ns10:SmallEntities2023-10-012024-09-3012213909ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3012213909ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012213909ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012213909ns10:FullAccounts2023-10-012024-09-3012213909ns10:EntityHasNeverTraded2023-10-012024-09-3012213909ns10:OrdinaryShareClass12023-10-012024-09-3012213909ns10:RegisteredOffice2023-10-012024-09-3012213909ns5:CurrentFinancialInstruments2024-09-3012213909ns5:CurrentFinancialInstruments2023-09-3012213909ns5:Non-currentFinancialInstruments2024-09-3012213909ns5:Non-currentFinancialInstruments2023-09-3012213909ns5:ShareCapital2024-09-3012213909ns5:ShareCapital2023-09-3012213909ns5:FurtherSpecificReserve3ComponentTotalEquity2024-09-3012213909ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3012213909ns5:RetainedEarningsAccumulatedLosses2024-09-3012213909ns5:RetainedEarningsAccumulatedLosses2023-09-3012213909ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012213909ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3012213909ns10:OrdinaryShareClass12024-09-3012213909ns5:RetainedEarningsAccumulatedLosses2023-09-3012213909ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3012213909ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-3012213909ns10:Director222023-09-3012213909ns10:Director222022-09-3012213909ns10:Director222023-10-012024-09-3012213909ns10:Director222022-10-012023-09-3012213909ns10:Director222024-09-3012213909ns10:Director222023-09-30
REGISTERED NUMBER: 12213909 (England and Wales)















DELANOIX LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






DELANOIX LIMITED (REGISTERED NUMBER: 12213909)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


DELANOIX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: P E D Cooke
J E D Cooke





REGISTERED OFFICE: Larkfleet House
Falcon Way
Bourne
Lincolnshire
PE10 0FF





REGISTERED NUMBER: 12213909 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 All Saints Street
Stamford
Lincolnshire
PE9 2PA

DELANOIX LIMITED (REGISTERED NUMBER: 12213909)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 3,455,000 3,455,000

CURRENT ASSETS
Debtors: amounts falling due within one year 5 1,552,369 1,396,496
Debtors: amounts falling due after more than
one year

5

214,404

428,808
Cash at bank 194,531 151,023
1,961,304 1,976,327
CREDITORS
Amounts falling due within one year 6 403,794 469,189
NET CURRENT ASSETS 1,557,510 1,507,138
TOTAL ASSETS LESS CURRENT LIABILITIES 5,012,510 4,962,138

PROVISIONS FOR LIABILITIES 195,764 195,764
NET ASSETS 4,816,746 4,766,374

CAPITAL AND RESERVES
Called up share capital 7 1 1
Fair value reserve 8 519,236 519,236
Retained earnings 8 4,297,509 4,247,137
SHAREHOLDERS' FUNDS 4,816,746 4,766,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

DELANOIX LIMITED (REGISTERED NUMBER: 12213909)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 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 14 February 2025 and were signed on its behalf by:




J E D Cooke - Director



P E D Cooke - Director


DELANOIX LIMITED (REGISTERED NUMBER: 12213909)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Delanoix 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Rental revenue is recognised in the period to which it relates.

Investment property
Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the income statement and the fair value reserve. No depreciation is provided in respect of investment properties.

The aggregate surplus on re-measurement of investment properties, net of associated deferred tax, is transferred to a separate non-distributable fair value reserve in order to assist with the identification of profits available for distribution.

Financial instruments
The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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 statement of financial position date.


DELANOIX LIMITED (REGISTERED NUMBER: 12213909)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 3,455,000
NET BOOK VALUE
At 30 September 2024 3,455,000
At 30 September 2023 3,455,000

Professional valuations were carried out through the period of June 2023 to October 2023 by King West, Murray's and R Longstaff & Co. The directors do not believe that there has been a material change to the value of the properties between the valuation dates and 30 September 2024.

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2023 715,000
Cost 2,740,000
3,455,000

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 3,300 -
Amounts owed by group
undertakings 11,706 4,233
Amounts owed by related
undertakings 659,704 68,541
Directors' current accounts 659,705 1,319,409
Taxation - S455 CTA 2010 214,404 -
Prepayments and accrued income 3,550 4,313
1,552,369 1,396,496

Amounts falling due after more than one year:
Taxation - S455 CTA 2010 214,404 428,808

Aggregate amounts 1,766,773 1,825,304

DELANOIX LIMITED (REGISTERED NUMBER: 12213909)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 317 -
Taxation 18,742 444,589
Amounts owed to related
undertaking 376,760 -
Accruals and deferred income 7,975 24,600
403,794 469,189

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 4,247,137 519,236 4,766,373
Profit for the year 50,372 50,372
At 30 September 2024 4,297,509 519,236 4,816,745

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
P E D Cooke
Balance outstanding at start of year 1,319,409 1,319,409
Amounts repaid (659,704 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 659,705 1,319,409

Loans to directors are interest free and repayable on demand.

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £376,760 (2023: £68,541 debtor) to a related undertaking in which a director/shareholder has a participating interest. The loan is interest free and repayable on demand.

The company was owed £659,704 (2023: NIL) by a related undertaking in which a director/shareholder has a participating interest. The loan is interest free and repayable on demand.