REGISTERED NUMBER: 03928158 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DELTA SECURITY (1962) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S Mundy

Mrs O M Mundy

Mr D Mundy

Mrs J Mundy

SECRETARY:

Mrs O M Mundy

REGISTERED OFFICE:

34-40 High Street

Wanstead

London

E11 2RJ

REGISTERED NUMBER:

03928158 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

34-40 High Street

Wanstead

London

E11 2RJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

151,067

126,206

Investments

6

100

100

151,167

126,306

CURRENT ASSETS

Stocks

88,781

78,954

Debtors

7

523,732

694,573

Cash at bank and in hand

776,040

662,029

1,388,553

1,435,556

CREDITORS

Amounts falling due within one year

8

464,673

484,232

NET CURRENT ASSETS

923,880

951,324

TOTAL ASSETS LESS CURRENT LIABILITIES

1,075,047

1,077,630

PROVISIONS FOR LIABILITIES

37,767

31,552

NET ASSETS

1,037,280

1,046,078

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

1,032,280

1,041,078

SHAREHOLDERS' FUNDS

1,037,280

1,046,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 24 October 2025 and were signed on its behalf by:

Mr D Mundy - Director

1.	STATUTORY INFORMATION

Delta Security (1962) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Delta Security (1962) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Revenue recognition

Revenue is measured at the fair value of the consideration receivable and represents the amount receivable for goods and services supplied, net of returns, discounts and value added taxes.

Revenue from maintenance and services is recognised in the accounting period in which they were rendered.

Revenue from the sale of goods is recognised on delivery to the customer, such that the risks and rewards of ownership have passed to them.

Goodwill

Goodwill is the amount paid in connection with the acquisition of a business in 2000. This cost was amortised over 20 years until 2012 when the policy was changed and remainder has been written off over 4 years.

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

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to sell, 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 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.

Leasing commitments

Rentals payable under operating leases are charged to the profit and loss account 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 20 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

196,237

AMORTISATION

At 1 April 2024

and 31 March 2025

196,237

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

20,093

13,470

201,606

34,539

269,708

Additions

-

4,057

65,020

6,262

75,339

Disposals

-

-

(31,613

)

(1,623

)

(33,236

)

At 31 March 2025

20,093

17,527

235,013

39,178

311,811

DEPRECIATION

At 1 April 2024

18,534

13,470

83,827

27,671

143,502

Charge for year

343

665

36,048

4,144

41,200

Eliminated on disposal

-

-

(22,369

)

(1,589

)

(23,958

)

At 31 March 2025

18,877

14,135

97,506

30,226

160,744

NET BOOK VALUE

At 31 March 2025

1,216

3,392

137,507

8,952

151,067

At 31 March 2024

1,559

-

117,779

6,868

126,206

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

100

At 31 March 2024

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Delta Security Contracts Limited

Registered office: 34-40 High Street, Wanstead, London, E11 2RJ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

330,773

477,719

Other debtors

192,959

216,854

523,732

694,573

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

136,891

104,665

Taxation and social security

225,885

293,406

Other creditors

101,897

86,161

464,673

484,232

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

53,767

61,280

Between one and five years

23,100

76,867

76,867

138,147

The operating leases above are in relation to the premises from which the company operates.

10.	SECURED DEBTS

A fixed and floating charge exists covering the assets of the company in favour of the company's bankers.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr D Mundy

Balance outstanding at start of year

-

915

Amounts repaid

-

(915

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The balance in the prior year was interest free and repaid within 9 months of that year end.