Delta Rubber Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06033135 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

DELTA RUBBER LIMITED

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Tangible assets

4

72,526

112,882

Investments

5

70,000

142,526

182,882

Current assets

Stocks

94,004

91,532

Debtors

6

422,125

317,621

Cash at bank and in hand

290,851

369,642

806,980

778,795

Creditors

Amounts falling due within one year

7

352,499

271,927

Net current assets

454,481

506,868

Total assets less current liabilities

597,007

689,750

Creditors

Amounts falling due after more than one year

8

-

(38,118

)

Provisions for liabilities

11

(12,115

)

(24,616

)

Net assets

584,892

627,016

Capital and reserves

Called up share capital

12

600

Share premium

4,988

Retained earnings

579,304

621,428

Shareholders' funds

584,892

627,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by:

Mr M Bailey - Director

1.	Statutory information

Delta Rubber Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 06033135. The registered office is Faulkner House, 31 West Street, Wimborne, Dorset, BH21 1JS and the business address is Unit 21, Priory Industrial Park, Airspeed Road, Christchurch, Dorset, BH23 4HD.

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.

Preparation of consolidated financial statements

The financial statements contain information about Delta Rubber Limited as an individual company. The company is a wholly owned subsidiary and the parent company has taken the option under S399 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents amounts receivable, excluding value added tax, in respect of services provided in the ordinary course of business. Turnover is recognised when the service has been provided to the customer.

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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Other investments

Other investments are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the statement of comprehensive income.

3.	Employees and directors

The average number of employees during the year was 13 (2025 - 12 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

Cost

At 1 April 2025

217,311

37,627

221,466

38,382

514,786

Additions

-

309

-

309

Impairments

-

(12,000

)

-

(12,000

)

At 31 March 2026

217,311

37,936

209,466

38,382

503,095

Depreciation

At 1 April 2025

209,877

33,339

134,951

23,737

401,904

Charge for year

3,717

2,448

17,379

5,121

28,665

At 31 March 2026

213,594

35,787

152,330

28,858

430,569

Net book value

At 31 March 2026

3,717

2,149

57,136

9,524

72,526

At 31 March 2025

7,434

4,288

86,515

14,645

112,882

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

Plant and

Motor

machinery

vehicles

Totals

£

Cost

At 1 April 2025

83,858

64,936

148,794

Transfer to ownership

(83,858

)

-

(83,858

)

At 31 March 2026

-

64,936

Depreciation

At 1 April 2025

83,858

28,409

112,267

Charge for year

-

9,132

Transfer to ownership

(83,858

)

-

(83,858

)

At 31 March 2026

-

37,541

Net book value

At 31 March 2026

-

27,395

At 31 March 2025

-

36,527

5.	Fixed asset investments

Other

investments

£

Cost

At 1 April 2025

and 31 March 2026

70,000

Net book value

At 31 March 2026

70,000

At 31 March 2025

70,000

Fixed asset investments were valued on an open market basis on 31 March 2026 by the directors.

6.

Debtors: amounts falling due within one year

2026

2025

£

Trade debtors

176,082

94,893

Amounts owed by group undertakings

162,738

165,562

Other debtors

-

333

Prepayments and accrued income

83,305

56,833

422,125

317,621

7.

Creditors: amounts falling due within one year

2026

2025

£

Bank loans and overdrafts

1,769

10,468

Hire purchase contracts (see note 9)

36,349

14,572

Trade creditors

211,735

152,746

Social security and other taxes

45,877

42,484

VAT

49,847

42,652

Other creditors

1,672

4,030

Accruals and deferred income

5,250

4,975

352,499

271,927

8.

Creditors: amounts falling due after more than one year

2026

2025

£

Bank loans - 1-2 years

-

1,769

Hire purchase contracts (see note 9)

-

36,349

-

38,118

9.	Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

Net obligations repayable:

Within one year

36,349

14,572

Between one and five years

-

36,349

50,921

Non-cancellable

operating leases

2026

2025

£

Within one year

52,700

49,275

Between one and five years

210,800

In more than five years

-

13,175

263,500

273,250

10.	Secured debts

The following secured debts are included within creditors:

2026

2025

£

Hire purchase contracts

36,349

-

11.	Provisions for liabilities

2026

2025

£

Deferred tax

12,115

24,616

Deferred

tax

£

Balance at 1 April 2025

24,616

Credit to Income statement during year

(12,501

)

Balance at 31 March 2026

12,115

12.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

500

A Ordinary

£1

500

100

B Ordinary

£1

100

600

13.	Ultimate controlling party

The company is controlled by Delta Rubber Holdings Limited. Mr M Bailey, a director, controls Delta Rubber Holdings Limited and therefore holds ultimate control over the company.