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Company Registration No. 11309428 (England and Wales)
Devon Maides Ltd Unaudited accounts for the year ended 30 April 2023
Devon Maides Ltd Unaudited accounts Contents
Page
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Devon Maides Ltd Company Information for the year ended 30 April 2023
Director
M Dickson
Company Number
11309428 (England and Wales)
Registered Office
Hillside Old Rectory Lane Bratton Fleming, Barnstaple Devon EX31 4TG
Accountants
JD Accountants (South West) Ltd Suite 2, Riverside Court Castle Street Barnstaple Devon EX31 1DR
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Devon Maides Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
2,340 
Tangible assets
15,387 
4,233 
15,387 
6,573 
Current assets
Debtors
6,196 
4,145 
Cash at bank and in hand
17,826 
9,177 
24,022 
13,322 
Creditors: amounts falling due within one year
(65,309)
(55,247)
Net current liabilities
(41,287)
(41,925)
Total assets less current liabilities
(25,900)
(35,352)
Creditors: amounts falling due after more than one year
(12,344)
- 
Net liabilities
(38,244)
(35,352)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(38,245)
(35,353)
Shareholders' funds
(38,244)
(35,352)
For the year ending 30 April 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 director acknowledges her 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 and authorised for issue on 30 November 2023 and were signed on its behalf by
M Dickson Director Company Registration No. 11309428
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Devon Maides Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Devon Maides Ltd is a private company, limited by shares, registered in England and Wales, registration number 11309428. The registered office is Hillside, Old Rectory Lane, Bratton Fleming, Barnstaple, Devon, EX31 4TG.
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.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
The company's accounts have been prepared on a going concern basis. Whilst the company accounts do show net current liabilities, included within other creditors are amounts due to the directors. Having reviewed the financial position for the next twelve months the directors believe that preparation of the accounts on a going concern basis to be appropriate.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2022
11,700 
At 30 April 2023
11,700 
Amortisation
At 1 May 2022
9,360 
Charge for the year
2,340 
At 30 April 2023
11,700 
Net book value
At 30 April 2023
- 
At 30 April 2022
2,340 
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Devon Maides Ltd Notes to the Accounts for the year ended 30 April 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2022
1,075 
6,530 
7,605 
Additions
15,557 
450 
16,007 
At 30 April 2023
16,632 
6,980 
23,612 
Depreciation
At 1 May 2022
551 
2,821 
3,372 
Charge for the year
4,021 
832 
4,853 
At 30 April 2023
4,572 
3,653 
8,225 
Net book value
At 30 April 2023
12,060 
3,327 
15,387 
At 30 April 2022
524 
3,709 
4,233 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
6,196 
4,145 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,613 
- 
Taxes and social security
7,131 
5,458 
Loans from directors
44,625 
40,684 
Accruals
9,940 
9,105 
65,309 
55,247 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,344 
- 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 18 (2022: 18).
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