IRIS Accounts Production v24.2.0.383 03327581 Board of Directors 1.1.23 31.12.23 31.12.23 16.9.24 0 0 true false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033275812022-12-31033275812023-12-31033275812023-01-012023-12-31033275812021-12-31033275812022-01-012022-12-31033275812022-12-3103327581ns15:EnglandWales2023-01-012023-12-3103327581ns14:PoundSterling2023-01-012023-12-3103327581ns10:Director12023-01-012023-12-3103327581ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3103327581ns10:SmallEntities2023-01-012023-12-3103327581ns10:Audited2023-01-012023-12-3103327581ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3103327581ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3103327581ns10:FullAccounts2023-01-012023-12-3103327581ns10:Director22023-01-012023-12-3103327581ns10:CompanySecretary12023-01-012023-12-3103327581ns10:RegisteredOffice2023-01-012023-12-3103327581ns5:CurrentFinancialInstruments2023-12-3103327581ns5:CurrentFinancialInstruments2022-12-3103327581ns5:ShareCapital2023-12-3103327581ns5:ShareCapital2022-12-3103327581ns5:RetainedEarningsAccumulatedLosses2023-12-3103327581ns5:RetainedEarningsAccumulatedLosses2022-12-3103327581ns5:LandBuildings2023-01-012023-12-3103327581ns5:LandBuildings2022-12-3103327581ns5:LandBuildings2023-12-3103327581ns5:LandBuildings2022-12-3103327581ns5:CostValuation2022-12-31
REGISTERED NUMBER: 03327581 (England and Wales)
























Financial Statements

for the Year Ended 31 December 2023

for

DEVERILL HOLDINGS LIMITED

DEVERILL HOLDINGS LIMITED (REGISTERED NUMBER: 03327581)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DEVERILL HOLDINGS LIMITED

Company Information
for the year ended 31 December 2023







DIRECTORS: B Oozageer
R Oozageer



SECRETARY: R Oozageer



REGISTERED OFFICE: 32 Furlong Way
Great Amwell
Ware
Hertfordshire
SG12 9TF



REGISTERED NUMBER: 03327581 (England and Wales)



SENIOR STATUTORY AUDITOR: Christopher James Whale



AUDITORS: Trevor Jones & Partners Ltd
Statutory Auditor
Unit 14
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ

DEVERILL HOLDINGS LIMITED (REGISTERED NUMBER: 03327581)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,226,735 1,226,735
Investments 5 900,000 900,000
2,126,735 2,126,735

CREDITORS
Amounts falling due within one year 6 1,584,245 1,584,245
NET CURRENT LIABILITIES (1,584,245 ) (1,584,245 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

542,490

542,490

CAPITAL AND RESERVES
Called up share capital 300,000 300,000
Retained earnings 242,490 242,490
542,490 542,490

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 16 September 2024 and were signed on its behalf by:





R Oozageer - Director


DEVERILL HOLDINGS LIMITED (REGISTERED NUMBER: 03327581)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Deverill Holdings 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

It is considered that the residual value and life of the freehold property is such that depreciation would be immaterial. The directors perform annual impairment reviews in to ensure that the recoverable amount is not lower than the carrying value.

No depreciation is provided in respect of the freehold property. This treatment conflicts with the Companies Act 2006 which requires all properties to be depreciated.

The effect of not departing from the Companies Act 2006 would be to reduce the reported profit for the year by depreciation. The amount of depreciation cannot reasonably be quantified because depreciation is only one of many factors reflected in the annual valuation and the amounts which might otherwise have been shown cannot be separately identified or quantified.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

DEVERILL HOLDINGS LIMITED (REGISTERED NUMBER: 03327581)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 January 2023
and 31 December 2023 1,226,735
NET BOOK VALUE
At 31 December 2023 1,226,735
At 31 December 2022 1,226,735

The freehold property has been transferred from Deverill Estates Limited a company which is wholly owned by Deverill Holdings Limited.

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 900,000
NET BOOK VALUE
At 31 December 2023 900,000
At 31 December 2022 900,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 1,584,245 1,584,245

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher James Whale (Senior Statutory Auditor)
for and on behalf of Trevor Jones & Partners Ltd

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

DEVERILL HOLDINGS LIMITED (REGISTERED NUMBER: 03327581)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

9. ULTIMATE PARENT UNDERTAKING

The company's ultimate holding company is Adonai Holdings Limited, a company of which the directors, B. and R. Oozageer, are directors and shareholders.