Delnet Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05107484

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		40		54
Investments	5		25,000		25,000

			25,040		25,054
CURRENT ASSETS
Debtors	6	149,332		103,622
Cash at bank and in hand		119,502		121,047

		268,834		224,669
Creditors: Amounts Falling Due Within One Year	7	(156,125 )		(14,087 )

NET CURRENT ASSETS (LIABILITIES)			112,709		210,582

TOTAL ASSETS LESS CURRENT LIABILITIES			137,749		235,636

NET ASSETS			137,749		235,636

CAPITAL AND RESERVES
Called up share capital	8		3		3
Profit and Loss Account			137,746		235,633

SHAREHOLDERS' FUNDS			137,749		235,636

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Delnet Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Derek Morley

Director

27 April 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Delnet Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05107484 . The registered office is 5 Pear Tree Close, Little Billing, Northampton, NN3 9TH.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% straight line
Motor Vehicles	25% reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

The average number of employees, including directors, during the year was as follows: 2 (2024: 2)

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Delnet Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 August 2024	1,820	550	2,370

As at 31 July 2025	1,820	550	2,370

Depreciation
As at 1 August 2024	1,820	496	2,316
Provided during the period	-	14	14

As at 31 July 2025	1,820	510	2,330

Net Book Value
As at 31 July 2025	-	40	40

As at 1 August 2024	-	54	54

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 August 2024	25,000

As at 31 July 2025	25,000

Provision
As at 1 August 2024	-

As at 31 July 2025	-

Net Book Value
As at 31 July 2025	25,000

As at 1 August 2024	25,000

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Delnet Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	82,007	31,561
Other debtors	66,613	69,113
Corporation tax recoverable	-	939
Other taxes and social security	712	2,009

	149,332	103,622

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	148,415	2,968
VAT	3,744	3,970
Other creditors	2,615	5,799
Accruals and deferred income	1,350	1,350
Director's loan account	1	-

	156,125	14,087

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3

9. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Mr Derek Morley	147,838	128,256

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