Company Registration No. 10176611 (England and Wales)
Deller Holdings Ltd
Unaudited accounts
for the year ended 31 May 2024
Deller Holdings Ltd
Unaudited accounts
Contents
Deller Holdings Ltd
Company Information
for the year ended 31 May 2024
Directors
Michael Edward Deller
Barry David Edwards
Company Number
10176611 (England and Wales)
Registered Office
The Offices
57 Newtown Road
Hove
East Sussex
BN3 7BA
England
Accountants
KMG Accountancy Ltd
The Offices
57 Newtown Road
Hove
BN3 7BA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Deller Holdings Ltd for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Deller Holdings Ltd for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMG Accountancy Ltd
Chartered Accountants
The Offices
57 Newtown Road
Hove
BN3 7BA
6 June 2025
Deller Holdings Ltd
Statement of financial position
as at 31 May 2024
Investment property
2,500,000
2,200,000
Cash at bank and in hand
(30)
815
Creditors: amounts falling due within one year
(17,197)
(1,089,397)
Net current assets/(liabilities)
268
(913,488)
Total assets less current liabilities
2,500,268
1,286,512
Creditors: amounts falling due after more than one year
(2,171,723)
(2,192,134)
Net assets/(liabilities)
328,545
(905,622)
Called up share capital
2
2
Revaluation reserve
605,061
305,061
Profit and loss account
(276,518)
(1,210,685)
Shareholders' funds
328,545
(905,622)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by
Michael Edward Deller
Director
Company Registration No. 10176611
Deller Holdings Ltd
Notes to the Accounts
for the year ended 31 May 2024
Deller Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 10176611. The registered office is The Offices, 57 Newtown Road, Hove, East Sussex, BN3 7BA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 June 2023
2,200,000
Net gain from fair value adjustments
300,000
At the balance sheet date the directors valued the properties using publicly available data.
Amounts falling due within one year
Other debtors
7,105
128,301
Amounts falling due after more than one year
Deller Holdings Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,531
8,531
Taxes and social security
3,318
35,762
Other creditors
4,150
1,043,906
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
384,321
384,321
Other creditors
1,622,509
1,807,813
Loans from directors
164,893
-
8
Transactions with related parties
During the year the company loaned a director, M Deller, £96,131 (2022: £57,139 due to the director). The loan is unsecured, interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).