IRIS Accounts Production v24.2.0.383 05156034 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051560342023-03-31051560342024-03-31051560342023-04-012024-03-31051560342022-03-31051560342022-04-012023-03-31051560342023-03-3105156034ns15:EnglandWales2023-04-012024-03-3105156034ns14:PoundSterling2023-04-012024-03-3105156034ns10:Director12023-04-012024-03-3105156034ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105156034ns10:SmallEntities2023-04-012024-03-3105156034ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3105156034ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105156034ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105156034ns10:FullAccounts2023-04-012024-03-3105156034ns10:RegisteredOffice2023-04-012024-03-3105156034ns5:CurrentFinancialInstruments2024-03-3105156034ns5:CurrentFinancialInstruments2023-03-3105156034ns5:Non-currentFinancialInstruments2024-03-3105156034ns5:Non-currentFinancialInstruments2023-03-3105156034ns5:ShareCapital2024-03-3105156034ns5:ShareCapital2023-03-3105156034ns5:RetainedEarningsAccumulatedLosses2024-03-3105156034ns5:RetainedEarningsAccumulatedLosses2023-03-3105156034ns5:PlantMachinery2023-04-012024-03-3105156034ns5:FurnitureFittings2023-04-012024-03-3105156034ns5:PlantMachinery2023-03-3105156034ns5:FurnitureFittings2023-03-3105156034ns5:PlantMachinery2024-03-3105156034ns5:FurnitureFittings2024-03-3105156034ns5:PlantMachinery2023-03-3105156034ns5:FurnitureFittings2023-03-3105156034ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3105156034ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 05156034 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

DEVOTION TRADING LIMITED

DEVOTION TRADING LIMITED (REGISTERED NUMBER: 05156034)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

DEVOTION TRADING LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Ms C Cowan





REGISTERED OFFICE: 2 Sanderstead Hill
Croydon
CR2 0HA





REGISTERED NUMBER: 05156034 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

DEVOTION TRADING LIMITED (REGISTERED NUMBER: 05156034)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,220 5,173

CURRENT ASSETS
Stocks 5 9,699 12,124
Debtors 6 6,313 7,780
Cash at bank and in hand 628,593 555,486
644,605 575,390
CREDITORS
Amounts falling due within one year 7 59,848 75,300
NET CURRENT ASSETS 584,757 500,090
TOTAL ASSETS LESS CURRENT
LIABILITIES

589,977

505,263

CREDITORS
Amounts falling due after more than one
year

8

321,613

321,613
NET ASSETS 268,364 183,650

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 267,364 182,650
SHAREHOLDERS' FUNDS 268,364 183,650

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

DEVOTION TRADING LIMITED (REGISTERED NUMBER: 05156034)

Balance Sheet - continued
31 March 2024


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 and authorised for issue on 17 September 2024 and were signed by:





Ms C Cowan - Director


DEVOTION TRADING LIMITED (REGISTERED NUMBER: 05156034)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Devotion Trading 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.
Equipment - 25% on cost
Fixtures and fittings - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stock is valued at the lower of cost and net realisable value, after due allowance for slow-moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
Equipment fittings Totals
£    £    £   
COST
At 1 April 2023 34,393 3,929 38,322
Additions 4,041 - 4,041
At 31 March 2024 38,434 3,929 42,363
DEPRECIATION
At 1 April 2023 30,761 2,388 33,149
Charge for year 3,224 770 3,994
At 31 March 2024 33,985 3,158 37,143
NET BOOK VALUE
At 31 March 2024 4,449 771 5,220
At 31 March 2023 3,632 1,541 5,173

DEVOTION TRADING LIMITED (REGISTERED NUMBER: 05156034)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


5. STOCKS
2024 2023
£    £   
Stocks 9,699 12,124

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 3,467
Other debtors 6,313 4,313
6,313 7,780

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 243 490
Taxation and social security 43,752 26,961
Other creditors 15,853 47,849
59,848 75,300

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 321,613 321,613

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Devotion Trading Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Devotion Trading Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Devotion Trading Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Devotion Trading Limited and state those matters that we have agreed to state to the director of Devotion Trading Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Devotion Trading Limited and its director for our work or for this report.

It is your duty to ensure that Devotion Trading Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Devotion Trading Limited. You consider that Devotion Trading Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Devotion Trading Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX


Date: .............................................