IRIS Accounts Production v24.3.2.46 12442260 Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 13/3/2025 false true false false true false Auditors Opinion Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124422602023-09-30124422602024-09-30124422602023-10-012024-09-30124422602022-09-30124422602022-10-012023-09-30124422602023-09-3012442260ns15:EnglandWales2023-10-012024-09-3012442260ns14:PoundSterling2023-10-012024-09-3012442260ns10:Director12023-10-012024-09-3012442260ns10:Director22023-10-012024-09-3012442260ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012442260ns10:SmallEntities2023-10-012024-09-3012442260ns10:Audited2023-10-012024-09-3012442260ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012442260ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012442260ns10:FullAccounts2023-10-012024-09-3012442260ns10:OrdinaryShareClass12023-10-012024-09-3012442260ns10:RegisteredOffice2023-10-012024-09-3012442260ns5:CurrentFinancialInstruments2024-09-3012442260ns5:CurrentFinancialInstruments2023-09-3012442260ns5:ShareCapital2024-09-3012442260ns5:ShareCapital2023-09-3012442260ns5:RetainedEarningsAccumulatedLosses2024-09-3012442260ns5:RetainedEarningsAccumulatedLosses2023-09-3012442260ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012442260ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3012442260ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 12442260 (England and Wales)














Financial Statements

for the Year Ended 30 September 2024

for

Daltex UK Ltd

Daltex UK Ltd (Registered number: 12442260)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company information 1

Statement of financial position 2

Notes to the financial statements 3 to 5


Daltex UK Ltd

Company Information
for the Year Ended 30 September 2024







Directors: D A S El Naggar
A A S Elnaggar





Registered office: The St Botolph Building
138, Houndsditch
London
EC3A 7AR





Business address: East Wing
Stuart House
St Johns Street
Peterborough
Cambridgeshire
PE1 5DD





Registered number: 12442260 (England and Wales)





Auditors: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Daltex UK Ltd (Registered number: 12442260)

Statement of Financial Position
30 September 2024

2024 2023
as restated
Notes £    £   
Current assets
Goods in transit 5 15,575 -
Debtors 6 168,569 646,162
Cash at bank 590,833 2,768,901
774,977 3,415,063
Creditors
Amounts falling due within one year 7 424,245 3,223,260
Net current assets 350,732 191,803
Total assets less current liabilities 350,732 191,803

Capital and reserves
Called up share capital 8 100 100
Retained earnings 350,632 191,703
Shareholders' funds 350,732 191,803

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 13 March 2025 and were signed on its behalf by:




D A S El Naggar - Director



A A S Elnaggar - Director


Daltex UK Ltd (Registered number: 12442260)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. Statutory information

Daltex UK 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.

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


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Revenue is measured at the fair value either by the amounts received or due, which represent the amounts due for goods and services provided during normal operations. Revenues are recorded by net after deducting any discount granted.

Revenue from the sale of goods is recognized in the income statement when the significant risks and rewards of ownership have been transferred to the buyer.

No revenue is recognized if there are uncertainties regarding the recovery of the consideration due, associated costs or the possible return of goods also continuing management involvement with the good

Stocks
Goods in transit are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Daltex UK Ltd (Registered number: 12442260)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. Accounting policies - continued

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

5. Goods in transit
2024 2023
as restated
£    £   
Goods in transit 15,575 -

6. Debtors: amounts falling due within one year
2024 2023
as restated
£    £   
Trade debtors 40,956 134,456
Amounts owed by group undertakings 23,594 22,442
Corporation tax 23,754 20,273
VAT 62,665 66,491
Prepayments and accrued income 17,600 402,500
168,569 646,162

7. Creditors: amounts falling due within one year
2024 2023
as restated
£    £   
Trade creditors 17,667 390,771
Amounts owed to group undertakings 367,604 2,796,589
Accrued expenses 38,974 35,900
424,245 3,223,260

Daltex UK Ltd (Registered number: 12442260)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: as
restated
£    £   
100 Ordinary shares £1 100 100

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the auditors was unqualified.

Matt Storey (Senior Statutory Auditor)
for and on behalf of Moore Thompson