IRIS Accounts Production v25.1.4.42 12096247 director 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120962472023-12-31120962472024-12-31120962472024-01-012024-12-31120962472022-12-31120962472023-01-012023-12-31120962472023-12-3112096247ns15:EnglandWales2024-01-012024-12-3112096247ns14:PoundSterling2024-01-012024-12-3112096247ns10:Director12024-01-012024-12-3112096247ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3112096247ns10:SmallEntities2024-01-012024-12-3112096247ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3112096247ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3112096247ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3112096247ns10:FullAccounts2024-01-012024-12-3112096247ns5:CurrentFinancialInstruments2024-12-3112096247ns5:CurrentFinancialInstruments2023-12-3112096247ns5:Non-currentFinancialInstruments2024-12-3112096247ns5:Non-currentFinancialInstruments2023-12-3112096247ns5:ShareCapital2024-12-3112096247ns5:ShareCapital2023-12-3112096247ns5:RetainedEarningsAccumulatedLosses2024-12-3112096247ns5:RetainedEarningsAccumulatedLosses2023-12-3112096247ns5:PlantMachinery2024-01-012024-12-3112096247ns5:PlantMachinery2023-12-3112096247ns5:PlantMachinery2024-12-3112096247ns5:PlantMachinery2023-12-3112096247ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3112096247ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3112096247ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-12-3112096247ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-12-3112096247ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-12-3112096247ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-12-3112096247ns5:HirePurchaseContracts2024-12-3112096247ns5:HirePurchaseContracts2023-12-3112096247ns5:WithinOneYear2024-12-3112096247ns5:WithinOneYear2023-12-3112096247ns5:BetweenOneFiveYears2024-12-3112096247ns5:BetweenOneFiveYears2023-12-3112096247ns5:MoreThanFiveYears2024-12-3112096247ns5:MoreThanFiveYears2023-12-3112096247ns5:AllPeriods2024-12-3112096247ns5:AllPeriods2023-12-3112096247ns5:Secured2024-12-3112096247ns5:Secured2023-12-31
REGISTERED NUMBER: 12096247 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DELTA SHEET METAL LTD

DELTA SHEET METAL LTD (REGISTERED NUMBER: 12096247)

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










Page

Balance Sheet 1

Notes to the Financial Statements 3


DELTA SHEET METAL LTD (REGISTERED NUMBER: 12096247)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 563,400 738,668

CURRENT ASSETS
Stocks 30,000 19,250
Debtors 5 456,458 345,372
Cash at bank 275,086 227,118
761,544 591,740
CREDITORS
Amounts falling due within one year 6 390,879 612,151
NET CURRENT ASSETS/(LIABILITIES) 370,665 (20,411 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

934,065

718,257

CREDITORS
Amounts falling due after more than one
year

7

(363,315

)

(594,085

)

PROVISIONS FOR LIABILITIES (141,000 ) (40,000 )
NET ASSETS 429,750 84,172

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 429,649 84,071
SHAREHOLDERS' FUNDS 429,750 84,172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 SHEET METAL LTD (REGISTERED NUMBER: 12096247)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 June 2025 and were signed by:





J C Edmonds - Director


DELTA SHEET METAL LTD (REGISTERED NUMBER: 12096247)

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


1. STATUTORY INFORMATION

Delta Sheet Metal Ltd is a private company, limited by shares, registered in England and Wales, registered number 12096247. Its registered office is Admiral House, Waterfront East, Brierley Hill, DY5 1XG.

The financial statements are presented in Sterling, which is the functional currency of the company.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 20% on cost and 10% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

DELTA SHEET METAL LTD (REGISTERED NUMBER: 12096247)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Interest on hire purchase arrangements is recognised in profit or loss on a straight-line basis over the term of the arrangement.

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.

Financial instruments
Basic financial liabilities, including trade and other debtors, bank loans and other loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 908,433
Additions 90,785
Disposals (321,261 )
At 31 December 2024 677,957
DEPRECIATION
At 1 January 2024 169,765
Charge for year 67,942
Eliminated on disposal (123,150 )
At 31 December 2024 114,557
NET BOOK VALUE
At 31 December 2024 563,400
At 31 December 2023 738,668

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 389,406 276,217
Other debtors 67,052 69,155
456,458 345,372

DELTA SHEET METAL LTD (REGISTERED NUMBER: 12096247)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 15,648 45,559
Hire purchase contracts (see note 8) 99,651 167,271
Trade creditors 167,607 341,933
Taxation and social security 94,511 4,858
Other creditors 13,462 52,530
390,879 612,151

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 5,164 31,570
Hire purchase contracts (see note 8) 358,151 562,515
363,315 594,085

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.24 31.12.23
£    £   
Net obligations repayable:
Within one year 99,651 167,271
Between one and five years 358,151 562,515
457,802 729,786

Non-cancellable operating leases
31.12.24 31.12.23
£    £   
Within one year 23,000 40,318
Between one and five years 119,488 92,488
In more than five years 93,904 118,904
236,392 251,710

DELTA SHEET METAL LTD (REGISTERED NUMBER: 12096247)

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


9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 20,812 77,129
Hire purchase contracts 457,802 729,786
478,614 806,915

The hire purchase liability is secured against the assets financed. The loans are secured by fixed and floating charges against the assets of the company.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £34,500 (2023 - £33,000) were paid to the director .