Delph Properties One Lord St 2 Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11505729

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	6,126,105		6,126,105
Debtors	5	50,595		50,126

		6,176,700		6,176,231
Creditors: Amounts Falling Due Within One Year	6	(6,437,285 )		(6,386,101 )

NET CURRENT ASSETS (LIABILITIES)			(260,585 )		(209,870 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(260,585 )		(209,870 )

NET LIABILITIES			(260,585 )		(209,870 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(260,685 )		(209,970 )

SHAREHOLDERS' FUNDS			(260,585)		(209,870)

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Delph Properties One Lord St 2 Limited

Balance Sheet (continued)

As At 31 December 2024

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Paul Crocker

Director

10 July 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Delph Properties One Lord St 2 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11505729 . The registered office is 35 Ballards Lane, London, N3 1XW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Stocks and Work in Progress

Stocks comprise of properties held for resale in the ordinary course of business. These are stated at the lower of cost and net realisable value. Cost includes the purchase price of land and buildings, development costs, and other directly attributable expenses incurred in bringing the properties to their current condition and location. Net realisable value is based on the estimated selling price less all further costs to completion and costs to sell.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Stocks

	2024	2023
	£	£
Property held for resale	6,126,105	6,126,105

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	50,595	50,126

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Amounts owed to participating interests	6,435,785	6,384,100
Other creditors	1,500	2,001

	6,437,285	6,386,101

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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Delph Properties One Lord St 2 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Related Party Transactions

At the balance sheet date the company owed £6,435,785 (2023: £6,380,464) to companies under common control. This amount is included within other creditors due within one year. This balance is repayable on demand. No interest is being accrued on the balance.

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