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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
Page
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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
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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
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Deller Holdings Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
2,500,000 
2,200,000 
Current assets
Debtors
17,495 
175,094 
Cash at bank and in hand
(30)
815 
17,465 
175,909 
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)
Capital and reserves
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
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Deller Holdings Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Deferred taxation
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.
4
Investment property
2024 
£ 
Fair value at 1 June 2023
2,200,000 
Net gain from fair value adjustments
300,000 
At 31 May 2024
2,500,000 
At the balance sheet date the directors valued the properties using publicly available data.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
10,390 
14,349 
Other debtors
7,105 
128,301 
17,495 
142,650 
Amounts falling due after more than one year
Other debtors
- 
32,444 
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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 
Trade creditors
(2)
(2)
Taxes and social security
3,318 
35,762 
Other creditors
4,150 
1,043,906 
Accruals
1,200 
1,200 
17,197 
1,089,397 
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 
- 
2,171,723 
2,192,134 
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).
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