Company No: 05158056 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Louise Rebecca Cato Fisher (Appointed 08 April 2025)
	Andrew John Parkhouse
	Christopher Guy Morrey Quigley (Resigned 07 January 2025)
	Rodney Scott Schwartz (Appointed 08 May 2024)
	Matthew Thomas Smith

SECRETARY

Alasdair John Smith

REGISTERED OFFICE	Orchard Street Business Centre
	13-14 Orchard Street
	Bristol
	BS1 5EH
	United Kingdom

COMPANY NUMBER

05158056 (England and Wales)

ACCOUNTANT	Corrigan Accountants Limited
	First Floor
	25 King Street
	Bristol
	BS1 4PB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	14,041		17,765
Investments	4	7,500		7,500
		21,541		25,265
Current assets
Debtors	5	489,735		581,380
Cash at bank and in hand		419,136		316,864
		908,871		898,244
Creditors: amounts falling due within one year	6	( 611,580)		( 562,410)
Net current assets		297,291		335,834
Total assets less current liabilities		318,832		361,099
Creditors: amounts falling due after more than one year	7	0		( 50,752)
Net assets		318,832		310,347
Capital and reserves
Called-up share capital	8	88		88
Share premium account		39,951		39,951
Other reserves		2		2
Profit and loss account		278,791		270,306
Total shareholders' funds		318,832		310,347

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Delib Limited (registered number: 05158056) were approved and authorised for issue by the Board of Directors on 26 November 2025. They were signed on its behalf by:

Andrew John Parkhouse Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Delib Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Orchard Street Business Centre, 13-14 Orchard Street, Bristol, BS1 5EH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the initial transaction dates.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

Defined contribution schemes
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible fixed assets

Tangible fixed assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Fixtures and fittings	5 years straight line
Computer equipment	3 years straight line

Fixed asset investments

Investments in subsidiary undertakings are recognised at cost.

Trade and other debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade and other creditors

Trade creditors are recognised at the transaction price.

Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	22		31

3. Tangible assets

	Fixtures and fittings		Computer equipment		Total
	£		£		£
Cost
At 01 April 2024	3,332		75,852		79,184
Additions	0		7,283		7,283
Disposals	0		( 1,274)		( 1,274)
At 31 March 2025	3,332		81,861		85,193
Accumulated depreciation
At 01 April 2024	3,291		58,128		61,419
Charge for the financial year	41		10,966		11,007
Disposals	0		( 1,274)		( 1,274)
At 31 March 2025	3,332		67,820		71,152
Net book value
At 31 March 2025	0		14,041		14,041
At 31 March 2024	41		17,724		17,765

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 April 2024	7,500
At 31 March 2025	7,500
Carrying value at 31 March 2025	7,500
Carrying value at 31 March 2024	7,500

5. Debtors

	2025		2024
	£		£
Trade debtors	181,913		357,596
Amounts owed by Group undertakings (note 9)	246,996		71,062
Other debtors	60,826		152,722
	489,735		581,380

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	50,752		64,782
Trade creditors	44,948		30,415
Taxation and social security	150,958		112,477
Other creditors	364,922		354,736
	611,580		562,410

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		50,752

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
2,833 Ordinary A shares of £ 0.01 each	28		28
6,003 Ordinary B shares of £ 0.01 each	60		60
	88		88

9. Related party transactions

Transactions with related parties or connected persons

Amounts owed by related parties

	2025		2024
	£		£
Amounts receivable from related party	0		2,800