1 January 2024 false No description of principal activity Taxfiler 2024.6 06006229business:PrivateLimitedCompanyLtd2024-01-012024-12-31 060062292023-12-31 060062292024-01-012024-12-31 06006229business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 06006229business:AbridgedAccounts2024-01-012024-12-31 060062292024-12-31 06006229business:Director12024-01-012024-12-31 06006229business:Director22024-01-012024-12-31 06006229business:RegisteredOffice2024-01-012024-12-31 060062292023-12-31 06006229core:WithinOneYear2024-12-31 06006229core:WithinOneYear2023-12-31 06006229core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 06006229core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 06006229core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 06006229core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 06006229core:PreviouslyStatedAmount2024-12-31 06006229core:PreviouslyStatedAmount2023-12-31 06006229business:SmallEntities2024-01-012024-12-31 06006229countries:EnglandWales2024-01-012024-12-31 060062292023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 06006229 (England and Wales)
DELTA EXPRESS LIMITED Unaudited accounts for the year ended 31 December 2024
DELTA EXPRESS LIMITED Unaudited accounts Contents
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DELTA EXPRESS LIMITED Company Information for the year ended 31 December 2024
Directors
Daniel Alexander Levan-Harris David Spencer Bareham
Company Number
06006229 (England and Wales)
Registered Office
1 HEPBURN CLOSE CHAFFORD HUNDRED GRAYS RM16 6LZ ENGLAND
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DELTA EXPRESS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
2,520 
24,262 
Cash at bank and in hand
792 
- 
3,312 
24,262 
Creditors: amounts falling due within one year
(3,160)
(23,402)
Net current assets
152 
860 
Net assets
152 
860 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
142 
850 
Shareholders' funds
152 
860 
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 23 July 2025 and were signed on its behalf by
David Spencer Bareham Director Company Registration No. 06006229
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DELTA EXPRESS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
DELTA EXPRESS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06006229. The registered office is 1 HEPBURN CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6LZ, 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 financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (“FRS 102”) and the Companies Act 2006.
Revenue Recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
Taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: - The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and - Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair value of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates that have been enacted or substantively enacted by the balance sheet date.
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DELTA EXPRESS LIMITED Notes to the Accounts for the year ended 31 December 2024
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account. Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or realise the asset and settle the liability simultaneously.
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DELTA EXPRESS LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
371 
At 31 December 2024
371 
Depreciation
At 1 January 2024
371 
At 31 December 2024
371 
Net book value
At 31 December 2024
- 
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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