1 June 2022 false No description of principal activity Taxfiler 2023.10 06906770business:PrivateLimitedCompanyLtd2022-06-012023-05-31 069067702022-05-31 069067702022-06-012023-05-31 06906770business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 06906770business:FilletedAccounts2022-06-012023-05-31 069067702023-05-31 06906770business:Director12022-06-012023-05-31 06906770business:Director22022-06-012023-05-31 06906770business:CompanySecretary12022-06-012023-05-31 06906770business:RegisteredOffice2022-06-012023-05-31 069067702022-05-31 06906770core:WithinOneYear2023-05-31 06906770core:WithinOneYear2022-05-31 06906770core:AfterOneYear2023-05-31 06906770core:AfterOneYear2022-05-31 06906770core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 06906770core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 06906770core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 06906770core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 06906770core:PreviouslyStatedAmount2023-05-31 06906770core:PreviouslyStatedAmount2022-05-31 06906770business:SmallEntities2022-06-012023-05-31 06906770countries:EnglandWales2022-06-012023-05-31 06906770core:PlantMachinery2022-06-012023-05-31 06906770core:MotorVehicles2022-06-012023-05-31 06906770core:Goodwill2022-05-31 06906770core:Goodwill2023-05-31 06906770core:PlantMachinery2022-05-31 06906770core:MotorVehicles2022-05-31 06906770core:PlantMachinery2023-05-31 06906770core:MotorVehicles2023-05-31 069067702021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 06906770 (England and Wales)
Below Zero Devon Ltd Unaudited accounts for the year ended 31 May 2023
Below Zero Devon Ltd Unaudited accounts Contents
Page
- 2 -
Below Zero Devon Ltd Company Information for the year ended 31 May 2023
Directors
Shaun Richardson Donna Richardson
Secretary
Donna Richardson
Company Number
06906770 (England and Wales)
Registered Office
3 LEAVE ACRE NEW BUILDINGS, SANDFORD CREDITON DEVON EX17 4PL UK
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
- 3 -
Below Zero Devon Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
7,000 
7,000 
Tangible assets
1 
1 
7,001 
7,001 
Current assets
Inventories
9,200 
9,200 
Debtors
5,924 
4,937 
Cash at bank and in hand
460 
219 
15,584 
14,356 
Creditors: amounts falling due within one year
(16,795)
(11,743)
Net current (liabilities)/assets
(1,211)
2,613 
Total assets less current liabilities
5,790 
9,614 
Creditors: amounts falling due after more than one year
(5,601)
(8,401)
Net assets
189 
1,213 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
188 
1,212 
Shareholders' funds
189 
1,213 
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by
Donna Richardson Director Company Registration No. 06906770
- 4 -
Below Zero Devon Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Below Zero Devon Ltd is a private company, limited by shares, registered in England and Wales, registration number 06906770. The registered office is 3 LEAVE ACRE, NEW BUILDINGS, SANDFORD, CREDITON, DEVON, EX17 4PL, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance basis
Motor vehicles
20% reducing balance basis
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2022
7,000 
At 31 May 2023
7,000 
Amortisation
At 1 June 2022
- 
At 31 May 2023
- 
Net book value
At 31 May 2023
7,000 
At 31 May 2022
7,000 
- 5 -
Below Zero Devon Ltd Notes to the Accounts for the year ended 31 May 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
2,106 
8,495 
10,601 
At 31 May 2023
2,106 
8,495 
10,601 
Depreciation
At 1 June 2022
2,105 
8,495 
10,600 
At 31 May 2023
2,105 
8,495 
10,600 
Net book value
At 31 May 2023
1 
- 
1 
At 31 May 2022
1 
- 
1 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,824 
3,472 
Accrued income and prepayments
1,100 
1,100 
Other debtors
- 
365 
5,924 
4,937 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,704 
4,783 
VAT
213 
- 
Trade creditors
4,278 
3,889 
Taxes and social security
501 
322 
Other creditors
2,834 
2,349 
Loans from directors
1,865 
- 
Accruals
400 
400 
16,795 
11,743 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,601 
8,401 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -