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REGISTERED NUMBER: 08821649 (England and Wales)











DEVELOPER SOLUTIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






DEVELOPER SOLUTIONS LTD (REGISTERED NUMBER: 08821649)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


DEVELOPER SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Mrs F J Gregory
C H Gregory





REGISTERED OFFICE: No.10 8 Limerick Close
London
SW12 0FF





REGISTERED NUMBER: 08821649 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ

DEVELOPER SOLUTIONS LTD (REGISTERED NUMBER: 08821649)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,150 15,949

CURRENT ASSETS
Debtors 5 51,105 50,729
Cash at bank 12,922 10,708
64,027 61,437
CREDITORS
Amounts falling due within one year 6 32,068 31,709
NET CURRENT ASSETS 31,959 29,728
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,109

45,677

PROVISIONS FOR LIABILITIES 847 873
NET ASSETS 52,262 44,804

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 52,162 44,704
SHAREHOLDERS' FUNDS 52,262 44,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

DEVELOPER SOLUTIONS LTD (REGISTERED NUMBER: 08821649)

BALANCE SHEET - continued
31ST MARCH 2023


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 Board of Directors and authorised for issue on 18th October 2023 and were signed on its behalf by:





C H Gregory - Director


DEVELOPER SOLUTIONS LTD (REGISTERED NUMBER: 08821649)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Developer Solutions 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 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.
Office building - 4% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on 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.

DEVELOPER SOLUTIONS LTD (REGISTERED NUMBER: 08821649)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


2. ACCOUNTING POLICIES - continued

Grant income recognition
Grant income has been recognised under the performance model.

Grants that do not specify any future performance-related conditions are recorded when the grant proceeds are received or receivable. Any grant that imposes specified future performance-related conditions is recognised only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Office Plant and and Computer
building machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st April 2022 11,825 1,875 5,150 2,350 21,200
Additions 7,171 - - - 7,171
At 31st March 2023 18,996 1,875 5,150 2,350 28,371
DEPRECIATION
At 1st April 2022 473 469 2,710 1,599 5,251
Charge for year 760 352 610 248 1,970
At 31st March 2023 1,233 821 3,320 1,847 7,221
NET BOOK VALUE
At 31st March 2023 17,763 1,054 1,830 503 21,150
At 31st March 2022 11,352 1,406 2,440 751 15,949

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 51,105 49,260
Other debtors - 1,469
51,105 50,729

DEVELOPER SOLUTIONS LTD (REGISTERED NUMBER: 08821649)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 8,446
Taxation and social security 30,206 21,088
Other creditors 1,862 2,175
32,068 31,709

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100