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Registered number: 14030353
Delos Project Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2026
Peter Jarman LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14030353
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 190,000 190,000
190,000 190,000
CURRENT ASSETS
Debtors 5 498 1,711
Cash at bank and in hand 2,327 2,042
2,825 3,753
Creditors: Amounts Falling Due Within One Year 6 (25,832 ) (24,137 )
NET CURRENT ASSETS (LIABILITIES) (23,007 ) (20,384 )
TOTAL ASSETS LESS CURRENT LIABILITIES 166,993 169,616
Creditors: Amounts Falling Due After More Than One Year 7 (161,367 ) (161,366 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,935 ) (2,935 )
NET ASSETS 2,691 5,315
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 12,510 12,510
Profit and Loss Account (9,919 ) (7,295 )
SHAREHOLDERS' FUNDS 2,691 5,315
Page 1
Page 2
For the year ending 30 April 2026 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 A W Adkin
Director
08/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Delos Project Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14030353 . The registered office is St James' Hall, Mill Road, Lancing, West Sussex, BN15 0PT.
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 represents rents receivable on investment properties for the accounting period.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and
investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location
or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and
loss account.
2.4. 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. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Investment Property
2026
£
Fair Value
As at 1 May 2025 and 30 April 2026 190,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 174,555 174,555
Page 3
Page 4
The investment property was purchased in August 2022 and has been revalued to £190,000 at the financial year end 30th April 2026 by the director of the company.
Cost: £174,555
Valuation in 2024: £50,295
Valuation in 2025: (£34,850)
Total: £190,000
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 498 1,711
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 25,832 24,137
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Mortgage 161,367 161,366
8. Secured Creditors
The mortgage is secured over the assets in the company, including the investment property.
2026 2025
£ £
Bank loans and overdrafts 161,367 161,366
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 May 2025 1,224 1,224
Additions 1,711 1,711
Balance at 30 April 2026 2,935 2,935
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
11. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 May 2025 12,510 (7,295 )
Loss for the year and total comprehensive income - (2,624 )
As at 30 April 2026 12,510 (9,919 )
Page 5