DELTA PROCESSES LTD - Limited company accounts 18.1.1

REGISTERED NUMBER: 08057378 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2018

for

DELTA PROCESSES LTD

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

W L DUPONT

SECRETARY:

MERLIN BUSINESS SERVICES UK LTD

REGISTERED OFFICE:

41 BROCKHURST STREET

WALSALL

WS1 4ED

REGISTERED NUMBER:

08057378 (England and Wales)

ACCOUNTANTS:

MERLIN ACCOUNTANCY & PAYROLE SERVICES LTD

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

The director presents his report with the financial statements of the company for the year ended 31 March 2018.

DIRECTOR

W L DUPONT held office during the whole of the period from 1 April 2017 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

W L DUPONT - Director

1 July 2018

TURNOVER

17,838

25,305

Cost of sales

14,650

12,600

GROSS PROFIT

3,188

12,705

Administrative expenses

7,030

10,653

OPERATING (LOSS)/PROFIT and

(LOSS)/PROFIT BEFORE TAXATION

(3,842

)

2,052

Tax on (loss)/profit

-

414

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(3,842

)

1,638

FIXED ASSETS

Tangible assets

5

250

CURRENT ASSETS

Debtors

6

2,039

-

Cash at bank and in hand

2,276

4,997

4,315

4,997

CREDITORS

Amounts falling due within one year

7

8,899

5,739

NET CURRENT LIABILITIES

(4,584

)

(742

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,334

)

(492

)

RESERVES

Retained earnings

(4,334

)

(492

)

SHAREHOLDERS' FUNDS

(4,334

)

(492

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 1 July 2018 and were signed by:

W L DUPONT - Director

1.	STATUTORY INFORMATION

DELTA PROCESSES LTD 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	OPERATING (LOSS)/PROFIT

The operating loss (2017 - operating profit) is stated after charging:

31/3/18

31/3/17

£

Depreciation - owned assets

-

500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

2,750

DEPRECIATION

At 1 April 2017

and 31 March 2018

2,500

NET BOOK VALUE

At 31 March 2018

250

At 31 March 2017

250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/18

31/3/17

£

CIS Tax suffered

2,039

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/18

31/3/17

£

Bank loans and overdrafts

-

445

Trade creditors

1

Tax

414

VAT

432

802

Directors' current accounts

5,992

2,637

Accrued expenses

2,060

1,440

8,899

5,739