REGISTERED NUMBER: 08277658 (England and Wales)

Unaudited Financial Statements

for the Period

1 December 2024 to 16 April 2026

for

Del Morgan Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs C Morgan

REGISTERED OFFICE:

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

REGISTERED NUMBER:

08277658 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

12,312

-

12,312

CURRENT ASSETS

Stocks

-

5,073

Debtors

6

204

5,762

Cash at bank

3,687

17,374

3,891

28,209

CREDITORS

Amounts falling due within one year

7

137,601

149,317

NET CURRENT LIABILITIES

(133,710

)

(121,108

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(133,710

)

(108,796

)

CREDITORS

Amounts falling due after more than one year

8

-

1,897

NET LIABILITIES

(133,710

)

(110,693

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(133,810

)

(110,793

)

(133,710

)

(110,693

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 16 April 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 16 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 July 2026 and were signed by:

Mrs C Morgan - Director

1.	STATUTORY INFORMATION

Del Morgan 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 represents the total invoice value, excluding value added tax, of sales made during the period.

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods.

Rendering of services

When the outcome of work can be estimated reliably, turnover from the work done is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to percentage of job completed. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

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 reducing balance

Computer equipment

-

20% 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 period 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 period 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.

Going concern

The company has ceased trading and the balance sheet figures represent the realisable values.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

Fee

£

COST

At 1 December 2024

and 16 April 2026

30,000

AMORTISATION

At 1 December 2024

and 16 April 2026

30,000

NET BOOK VALUE

At 16 April 2026

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 December 2024

31,628

4,607

36,235

Disposals

(31,628

)

(4,607

)

(36,235

)

At 16 April 2026

-

-

-

DEPRECIATION

At 1 December 2024

20,224

3,699

23,923

Charge for period

2,280

181

2,461

Eliminated on disposal

(22,504

)

(3,880

)

(26,384

)

At 16 April 2026

-

-

-

NET BOOK VALUE

At 16 April 2026

-

-

-

At 30 November 2024

11,404

908

12,312

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

16.4.26

30.11.24

£

£

Trade debtors

-

5,762

Other debtors

204

-

204

5,762

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

16.4.26

30.11.24

£

£

Bank loans and overdrafts

-

3,060

Trade creditors

-

17,448

VAT

1,402

1,355

Directors' current accounts

134,989

126,244

Accrued expenses

1,210

1,210

137,601

149,317

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

16.4.26

30.11.24

£

£

Bank loans - 2-5 years

-

1,897