Delius Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02742920 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2019

for

Delius Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr A N Wernham

REGISTERED OFFICE:

Lavender Cottage

76A Chazey Road

Caversham

Reading

Berkshire

RG4 7DU

REGISTERED NUMBER:

02742920 (England and Wales)

ACCOUNTANTS:

Assets Limited

Chartered Accountants

Chiltern Chambers

St Peters Avenue

Caversham

Reading

Berkshire

RG4 7DH

FIXED ASSETS

Tangible assets

4

2,714

1,737

CURRENT ASSETS

Debtors

5

1,004

437

Cash at bank

9,952

17,452

10,956

17,889

CREDITORS

Amounts falling due within one year

6

11,576

16,823

NET CURRENT (LIABILITIES)/ASSETS

(620

)

1,066

TOTAL ASSETS LESS CURRENT LIABILITIES

2,094

2,803

PROVISIONS FOR LIABILITIES

494

319

NET ASSETS

1,600

2,484

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

7

1,598

2,482

SHAREHOLDERS' FUNDS

1,600

2,484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 on 21 November 2019 and were signed by:

Mr A N Wernham - Director

1.	STATUTORY INFORMATION

Delius 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 is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% reducing balance

Computer equipment

-

25% reducing balance

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.

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 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 6 April 2018

1,020

21,246

22,266

Additions

-

1,879

1,879

At 5 April 2019

1,020

23,125

24,145

DEPRECIATION

At 6 April 2018

854

19,675

20,529

Charge for year

41

861

902

At 5 April 2019

895

20,536

21,431

NET BOOK VALUE

At 5 April 2019

125

2,589

2,714

At 5 April 2018

166

1,571

1,737

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

564

-

Prepayments

440

437

1,004

437

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

486

720

Tax

1,946

8,232

Social security and other taxes

1,782

88

VAT

805

3,466

Company Credit Card

38

-

Directors' current accounts

4,969

2,816

Accrued expenses

1,550

1,501

11,576

16,823

7.

RESERVES

Retained

earnings

£

At 6 April 2018

2,482

Profit for the year

9,116

Dividends

(10,000

)

At 5 April 2019

1,598