REGISTERED NUMBER: 05539304 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Dalts Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T N Vassilounis

N A Vassilounis

Mrs D Vassilounis

SECRETARY:

Miss S R A Vassilounis

REGISTERED OFFICE:

Vass House

7 Fife Cove

Darlington

Durham

DL3 7HH

REGISTERED NUMBER:

05539304 (England and Wales)

FIXED ASSETS

Tangible assets

4

52,075

69,433

Investments

5

188,433

148,748

Investment property

6

459,547

459,547

700,055

677,728

CURRENT ASSETS

Debtors

7

10,269

165,481

Cash at bank and in hand

689,012

405,615

699,281

571,096

CREDITORS

Amounts falling due within one year

8

314,653

150,068

NET CURRENT ASSETS

384,628

421,028

TOTAL ASSETS LESS CURRENT LIABILITIES

1,084,683

1,098,756

PROVISIONS FOR LIABILITIES

13,019

17,358

NET ASSETS

1,071,664

1,081,398

CAPITAL AND RESERVES

Called up share capital

201

201

Retained earnings

1,071,463

1,081,197

1,071,664

1,081,398

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 9 June 2025 and were signed on its behalf by:

N A Vassilounis - Director

1.	STATUTORY INFORMATION

Dalts 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.

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 as modified by the revaluation of certain assets.

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

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

69,433

DEPRECIATION

Charge for year

17,358

At 31 March 2025

17,358

NET BOOK VALUE

At 31 March 2025

52,075

At 31 March 2024

69,433

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

148,748

Additions

84,345

Disposals

(47,753

)

Revaluations

3,093

At 31 March 2025

188,433

NET BOOK VALUE

At 31 March 2025

188,433

At 31 March 2024

148,748

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2023

(8,334

)

Valuation in 2025

3,093

Cost

193,674

188,433

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

459,547

NET BOOK VALUE

At 31 March 2025

459,547

At 31 March 2024

459,547

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

10,269

165,481

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

19,970

894

Other creditors

294,683

149,174

314,653

150,068