REGISTERED NUMBER: 11338721 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

DLT Apps Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V P Pulla

S Reyes

SECRETARY:

REGISTERED OFFICE:

118 Pall Mall

London

SW1Y 5EA

REGISTERED NUMBER:

11338721 (England and Wales)

FIXED ASSETS

Tangible assets

4

6,610

13,026

CURRENT ASSETS

Debtors

5

417,756

2,356,271

Investments

6

102,027

402,027

Cash at bank

644,374

308,060

1,164,157

3,066,358

CREDITORS

Amounts falling due within one year

7

893,680

1,068,805

NET CURRENT ASSETS

270,477

1,997,553

TOTAL ASSETS LESS CURRENT LIABILITIES

277,087

2,010,579

CREDITORS

Amounts falling due after more than one year

8

(279,730

)

(28,270

)

PROVISIONS FOR LIABILITIES

(1,256

)

(2,475

)

NET (LIABILITIES)/ASSETS

(3,899

)

1,979,834

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

(4,049

)

1,979,684

SHAREHOLDERS' FUNDS

(3,899

)

1,979,834

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

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

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd March 2025 and were signed on its behalf by:

S Reyes - Director

V P Pulla - Director

1.	STATUTORY INFORMATION

DLT Apps Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

28,024

DEPRECIATION

At 1st January 2024

14,998

Charge for year

6,416

At 31st December 2024

21,414

NET BOOK VALUE

At 31st December 2024

6,610

At 31st December 2023

13,026

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

127,848

2,111,862

Other debtors

289,908

244,409

417,756

2,356,271

6.	CURRENT ASSET INVESTMENTS

31/12/24

31/12/23

£

£

Shares in group undertakings

2,027

2,027

Unlisted investments

100,000

400,000

102,027

402,027

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade creditors

603,320

735,763

Taxation and social security

179,667

315,162

Other creditors

110,693

17,880

893,680

1,068,805

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans

279,730

28,270

31/12/24

31/12/23

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

279,730

28,270