BrightAccountsProduction v1.0.0 v1.0.0 2024-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts building / construction 23 January 2026 0 0 NI070970 2025-02-28 NI070970 2024-02-29 NI070970 2023-02-28 NI070970 2024-03-01 2025-02-28 NI070970 2023-03-01 2024-02-29 NI070970 uk-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 NI070970 uk-curr:PoundSterling 2024-03-01 2025-02-28 NI070970 uk-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 NI070970 uk-bus:FullAccounts 2024-03-01 2025-02-28 NI070970 uk-bus:Director1 2024-03-01 2025-02-28 NI070970 uk-bus:RegisteredOffice 2024-03-01 2025-02-28 NI070970 uk-bus:Agent1 2024-03-01 2025-02-28 NI070970 uk-core:ShareCapital 2025-02-28 NI070970 uk-core:ShareCapital 2024-02-29 NI070970 uk-core:RetainedEarningsAccumulatedLosses 2025-02-28 NI070970 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 NI070970 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-02-28 NI070970 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-02-29 NI070970 uk-bus:FRS102 2024-03-01 2025-02-28 NI070970 uk-core:PlantMachinery 2024-03-01 2025-02-28 NI070970 uk-core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 NI070970 uk-core:MotorVehicles 2024-03-01 2025-02-28 NI070970 uk-core:WithinOneYear 2025-02-28 NI070970 uk-core:WithinOneYear 2024-02-29 NI070970 uk-core:WithinOneYear 2025-02-28 NI070970 uk-core:WithinOneYear 2024-02-29 NI070970 uk-core:WithinOneYear 2025-02-28 NI070970 uk-core:WithinOneYear 2024-02-29 NI070970 uk-core:AfterOneYear 2025-02-28 NI070970 uk-core:AfterOneYear 2024-02-29 NI070970 uk-core:AfterOneYear 2025-02-28 NI070970 uk-core:AfterOneYear 2024-02-29 NI070970 uk-core:BetweenOneTwoYears 2025-02-28 NI070970 uk-core:BetweenOneTwoYears 2024-02-29 NI070970 uk-core:BetweenTwoFiveYears 2025-02-28 NI070970 uk-core:BetweenTwoFiveYears 2024-02-29 NI070970 uk-core:BetweenOneFiveYears 2025-02-28 NI070970 uk-core:BetweenOneFiveYears 2024-02-29 NI070970 uk-core:EmployeeBenefits 2024-02-29 NI070970 uk-core:EmployeeBenefits 2024-03-01 2025-02-28 NI070970 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-02-28 NI070970 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-02-28 NI070970 uk-core:OtherDeferredTax 2025-02-28 NI070970 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-02-28 NI070970 uk-core:EmployeeBenefits 2025-02-28 NI070970 2024-03-01 2025-02-28 NI070970 uk-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI070970

Dellmont Developments Limited

Unaudited Financial Statements

for the financial year ended 28 February 2025

Dellmont Developments Limited

DIRECTOR AND OTHER INFORMATION

Director | Mr. David Swann
Company Registration Number | NI070970
Registered Office and Business Address | Sentinel House
| 13 Pump Street
| Derry
| BT48 6JG
Accountants | MCI Chartered Accountants
| Sentinel House
| 13 Pump Street
| Derry
| BT48 6JG
Bankers | Danske Bank Limited
| Mallusk
| 39 Mallusk Road
| Newtownabbey
| BT36 4PP
Solicitors | Carson McDowell LLP
| 4 Murray Street
| Belfast

Dellmont Developments Limited

Company Registration Number: NI070970

BALANCE SHEET

as at 28 February 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 97,766 |  | 132,657
|  |  | ───────── |  | ─────────
Current Assets

Stocks |  | 5 | 10,000 |  | 4,000
Debtors |  | 6 | 161,310 |  | 121,988
|  |  | ───────── |  | ─────────
|  |  | 171,310 |  | 125,988
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 7 | (180,842) |  | (155,155)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (9,532) |  | (29,167)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 88,234 |  | 103,490
Creditors:

amounts falling due after more than one year |  | 8 | (30,233) |  | (70,798)
Provisions for liabilities |  | 10 | (2,827) |  | -
|  |  | ───────── |  | ─────────
Net Assets |  |  | 55,174 |  | 32,692
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 1 |  | 1
Statement of income and retained earnings |  |  | 55,173 |  | 32,691
|  |  | ───────── |  | ─────────
Shareholders' Funds |  |  | 55,174 |  | 32,692
|  |  | ═════════ |  | ═════════
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Statement of Income and Retained Earnings and Director's Report.

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 23 January 2026

Mr. David Swann |  |  |  |  |
Director |  |  |  |  |

Dellmont Developments Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 28 February 2025

1. | General Information
| Dellmont Developments Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI070970. The registered office of the company is Sentinel House, 13 pump Street, Derry, BT48 6JG. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 28 February 2021 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the company. The compnay has adopted the disclosure requirements of Section 1A of FRS 102, other than where additonal disclosure is required to show a true and fair view.
| Turnover
| Turnover is measured at the fair value of the consideration receivable net of VAT and discounts. The policy adopted for the recognition of turnover is a s follows : Construction services: When the outcome of a construction service contract can be estimiated reliably, contract costs and turnover are recognised by reference to the stage of completion at the reporting date. The stage of completion is measured by reference to costs of the services completed. Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent that it is probable that the costs incurred will be recoverable. When it is probable that the contract costs will exceed the contract turnover, the expected loss is provided for and is recognised immediately as an expense in the Statement of Income and Retained earnings.
| Tangible assets and depreciation
| Tangible assets are stated at cost, less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost less residiual value of each asset over its expected useful life, as follows:
|  | Plant and machinery | - | 15% Straight line
|  | Fixtures, fittings and equipment | - | 25% straight line
|  | Motor vehicles | - | 25% straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable. At each reporting period end date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimated the recoverable amount of the cash-generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current markets assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in the statement of income and retained earnings, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but only to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in the statement of income and retained earnings, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increas
| Leasing and hire purchases
| Assets obtained under hire purchase contract and finance lease agreements are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included under creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
| Stocks
| Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Employee benefits
| When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
| Taxation
| The charge for taxation is based on the results for the year and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Provision is made at the rates expected to apply when the timing differences reverse. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in taxable profits in periods different from those in which they are recognised in the financial statements.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Statement of Income and Retained Earnings.

3. | Employees
| The average monthly number of employees, including directors, during the financial year was 1 (2023 - 1).

4. | Tangible assets
|  | Plant and | Fixtures, | Motor | Total
|  | machinery | fittings and | vehicles |
|  |  | equipment |  |
|  | £ | £ | £ | £
| Cost
| At 1 March 2024 | 139,978 | 21,665 | 121,149 | 282,792
| Disposals | - | - | (25,380) | (25,380)
|  | ───────── | ───────── | ───────── | ─────────
| At 28 February 2025 | 139,978 | 21,665 | 95,769 | 257,412
|  | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 March 2024 | 78,663 | 21,665 | 49,807 | 150,135
| Charge for the financial year | 12,263 | - | 12,178 | 24,441
| On disposals | - | - | (14,930) | (14,930)
|  | ───────── | ───────── | ───────── | ─────────
| At 28 February 2025 | 90,926 | 21,665 | 47,055 | 159,646
|  | ───────── | ───────── | ───────── | ─────────
| Net book value
| At 28 February 2025 | 49,052 | - | 48,714 | 97,766
|  | ═════════ | ═════════ | ═════════ | ═════════
| At 29 February 2024 | 61,315 | - | 71,342 | 132,657
|  | ═════════ | ═════════ | ═════════ | ═════════

5. | Stocks | 2025 | 2024
|  | £ | £
| Finished goods and goods for resale | 10,000 | 4,000
|  | ═════════ | ═════════
| If stocks and work in progress were stated at replacement cost (latest purchase price) they would not differ materially from above.

6. | Debtors | 2025 | 2024
|  | £ | £
| Gross amounts due from customers for contract work | 161,310 | 121,988
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank overdrafts | 11,108 | 9,835
| Bank loans | 10,452 | 10,194
| Net obligations under finance leases
| and hire purchase contracts | 30,112 | 31,451
| Trade creditors | 59,763 | 30,000
| Taxation (Note 9) | 14,701 | 13,027
| Director's current account | 45,531 | 56,398
| Accruals | 9,175 | 4,250
|  | ───────── | ─────────
|  | 180,842 | 155,155
|  | ═════════ | ═════════

8. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Bank loans | 2,654 | 13,107
| Finance leases and hire purchase contracts | 27,579 | 57,691
|  | ───────── | ─────────
|  | 30,233 | 70,798
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 7) | 21,560 | 20,029
| Repayable between one and two years | 2,654 | 10,453
| Repayable between two and five years | - | 2,654
|  | ───────── | ─────────
|  | 24,214 | 33,136
|  | ═════════ | ═════════
| Net obligations under finance leases
| and hire purchase contracts
| Repayable within one year | 30,112 | 31,451
| Repayable between one and five years | 27,579 | 57,691
|  | ───────── | ─────────
|  | 57,691 | 89,142
|  | ═════════ | ═════════

9. | Taxation | 2025 | 2024
|  | £ | £
| Creditors:
| VAT | 12,571 | 3,945
| PAYE / NI | 265 | 3,554
| Subcontractors tax | 1,865 | 5,528
|  | ───────── | ─────────
|  | 14,701 | 13,027
|  | ═════════ | ═════════

10. | Provisions for liabilities
| The amounts provided for deferred taxation are analysed below:
|  | Capital | Total | Total
|  | allowances |  |
|  |  | 2025 | 2024
|  | £ | £ | £
| At financial year start | - | - | -
| Charged to profit and loss | 2,827 | 2,827 | -
|  | ───────── | ───────── | ─────────
| At financial year end | 2,827 | 2,827 | -
|  | ═════════ | ═════════ | ═════════

11. | SECURITY
| Close Brothers, Trust Ford and Kabota Finance hold specific charges over particular assets held under hire purchase contacts.