REGISTERED NUMBER: 09838097 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Deli Supplies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S A Thornton

REGISTERED OFFICE:

Lancaster Road

Carnaby Industrial Estate

Bridlington

East Riding

YO15 3QY

REGISTERED NUMBER:

09838097 (England and Wales)

ACCOUNTANTS:

Edward Milnes & Co

Woodend

The Crescent

Scarborough

North Yorkshire

YO11 2PW

FIXED ASSETS

Intangible assets

4

32,160

41,348

Tangible assets

5

52,231

56,212

84,391

97,560

CURRENT ASSETS

Stocks

100,158

133,038

Debtors

6

40,872

86,152

Cash at bank and in hand

66,915

138,961

207,945

358,151

CREDITORS

Amounts falling due within one year

7

117,603

153,033

NET CURRENT ASSETS

90,342

205,118

TOTAL ASSETS LESS CURRENT LIABILITIES

174,733

302,678

CREDITORS

Amounts falling due after more than one year

8

(217,581

)

(295,503

)

PROVISIONS FOR LIABILITIES

(4,495

)

(4,467

)

NET (LIABILITIES)/ASSETS

(47,343

)

2,708

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(47,346

)

2,705

(47,343

)

2,708

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 June 2026 and were signed by:

S A Thornton - Director

1.	STATUTORY INFORMATION

Deli Supplies 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, has now been fully amortised.

That recognised in respect of a further acquisition in 2024, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost and in accordance with the property

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

100,942

AMORTISATION

At 1 January 2025

59,594

Charge for year

9,188

At 31 December 2025

68,782

NET BOOK VALUE

At 31 December 2025

32,160

At 31 December 2024

41,348

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

16,884

13,679

7,712

Additions

-

7,694

7,274

Disposals

(16,884

)

(3,650

)

-

At 31 December 2025

-

17,723

14,986

DEPRECIATION

At 1 January 2025

9,864

12,110

1,908

Charge for year

-

942

1,024

Eliminated on disposal

(9,864

)

(3,266

)

-

At 31 December 2025

-

9,786

2,932

NET BOOK VALUE

At 31 December 2025

-

7,937

12,054

At 31 December 2024

7,020

1,569

5,804

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

64,573

9,137

111,985

Additions

-

1,029

15,997

Disposals

-

-

(20,534

)

At 31 December 2025

64,573

10,166

107,448

DEPRECIATION

At 1 January 2025

27,970

3,921

55,773

Charge for year

9,151

1,457

12,574

Eliminated on disposal

-

-

(13,130

)

At 31 December 2025

37,121

5,378

55,217

NET BOOK VALUE

At 31 December 2025

27,452

4,788

52,231

At 31 December 2024

36,603

5,216

56,212

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

31,323

DEPRECIATION

At 1 January 2025

2,610

Charge for year

7,178

At 31 December 2025

9,788

NET BOOK VALUE

At 31 December 2025

21,535

At 31 December 2024

28,713

6.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

15,019

8,869

Other debtors

6,494

-

Directors' current accounts

-

69,544

Tax

9,763

-

Accrued income

646

3,083

Prepayments

3,950

4,656

35,872

86,152

Amounts falling due after more than one year:

Other debtors

5,000

-

Aggregate amounts

40,872

86,152

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

13,093

11,480

Other loans

66,858

57,007

Hire purchase contracts

5,216

4,835

Trade creditors

10,131

47,592

Tax

-

9,638

VAT

15,874

19,953

Other creditors

3,577

993

Directors' current accounts

89

-

Accrued expenses

2,765

1,535

117,603

153,033

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans - 1-2 years

-

5,848

Other loans - 1-2 years

78,418

66,858

Other loans - 2-5 years

129,023

207,441

Hire purchase contracts

10,140

15,356

217,581

295,503

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

15,356

20,191

The hire purchase account is secured by way of a fixed charge over the company's Hyundai vehicle.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.25

31.12.24

£

£

S A Thornton

Balance outstanding at start of year

69,544

100,076

Amounts advanced

22,523

196,379

Amounts repaid

(92,156

)

(226,911

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(89

)

69,544

Interest was charged by the company on overdrawn director's loan account balances in excess of £10,000 at the following interest rates:

1 January 2025 to 5 April 2025 - 2.25%

6 April 2025 to 31 December 2025 - 3.75%

During the year, this amounted to £646 (2024 - £3,083).

The director, S A Thornton, has given personal guarantees in respect of loans from Funding Circle. At the year end these loans comprised £66,858 included in creditors falling due within one year (2024 - £57,007) and £207,441 included in creditors falling due after more than one year (2024 - £274,299).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is S A Thornton.