REGISTERED NUMBER: 04926861 (England and Wales)

Unaudited Financial Statements

for the Year Ended 27 October 2025

for

Delphic International Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

216,876

286,645

216,876

286,645

CURRENT ASSETS

Stocks

20,000

20,000

Debtors

6

772,706

710,602

Cash at bank

12,319

6,647

805,025

737,249

CREDITORS

Amounts falling due within one year

7

732,409

686,495

NET CURRENT ASSETS

72,616

50,754

TOTAL ASSETS LESS CURRENT LIABILITIES

289,492

337,399

CREDITORS

Amounts falling due after more than one year

8

(168,356

)

(162,520

)

PROVISIONS FOR LIABILITIES

(39,841

)

(37,450

)

NET ASSETS

81,295

137,429

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

31,295

87,429

SHAREHOLDERS' FUNDS

81,295

137,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 October 2025 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

Mr A S Hulme - Director

1.	STATUTORY INFORMATION

Delphic International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04926861

Registered office:

Black Knight Fields Minshull Lane

Wettenhall

Winsford

Cheshire

CW7 4DU

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, was amortised evenly over its estimated useful life of ten years.

Goodwill has now been fully amortised.

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.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Tractor Units & Trailers

-

10% straight line basis

Computer equipment

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 14 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 28 October 2024

and 27 October 2025

108,000

AMORTISATION

At 28 October 2024

and 27 October 2025

108,000

NET BOOK VALUE

At 27 October 2025

-

At 27 October 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Tractor

Plant and

and

Units &

Computer

machinery

fittings

Trailers

equipment

Totals

£

£

£

£

£

COST

At 28 October 2024

12,300

5,975

656,036

4,567

678,878

Additions

21,000

-

46,641

-

67,641

Disposals

-

-

(260,281

)

-

(260,281

)

At 27 October 2025

33,300

5,975

442,396

4,567

486,238

DEPRECIATION

At 28 October 2024

11,540

3,966

372,440

4,287

392,233

Charge for year

2,280

301

34,740

93

37,414

Eliminated on disposal

-

-

(160,285

)

-

(160,285

)

At 27 October 2025

13,820

4,267

246,895

4,380

269,362

NET BOOK VALUE

At 27 October 2025

19,480

1,708

195,501

187

216,876

At 27 October 2024

760

2,009

283,596

280

286,645

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

Tractor

Units &

Trailers

£

COST

At 28 October 2024

331,733

Disposals

(115,000

)

At 27 October 2025

216,733

DEPRECIATION

At 28 October 2024

79,938

Charge for year

21,672

Eliminated on disposal

(36,033

)

At 27 October 2025

65,577

NET BOOK VALUE

At 27 October 2025

151,156

At 27 October 2024

251,795

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

507,897

452,728

Other debtors

264,809

257,874

772,706

710,602

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,995

10,246

Hire purchase contracts

63,418

73,284

Trade creditors

205,812

192,494

Taxation and social security

49,450

54,893

Other creditors

406,734

355,578

732,409

686,495

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

7,048

Hire purchase contracts

68,582

66,444

Other creditors

99,774

89,028

168,356

162,520

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

132,000

139,728

Debt Factoring

401,471

350,880

533,471

490,608

Hire purchase creditors are secured on the related fixed assets.

Debt factoring is secured by means of fixed and floating charges over the property and undertaking of the company.