2023-08-012024-07-312024-07-31false11616880DEVINGEN 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DEVINGEN LTD

Registered Number
11616880
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

DEVINGEN LTD
Company Information
for the year from 1 August 2023 to 31 July 2024

Director

LULECI, Emrullah

Registered Address

63-66 Hatton Garden Fifth Floor, Suite 23
London
EC1N 8LE

Registered Number

11616880 (England and Wales)
DEVINGEN LTD
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets347,85553,012
47,85553,012
Current assets
Debtors5,09426,820
Cash at bank and on hand132,939108,276
138,033135,096
Creditors amounts falling due within one year4(23,872)(54,615)
Net current assets (liabilities)114,16180,481
Total assets less current liabilities162,016133,493
Net assets162,016133,493
Capital and reserves
Called up share capital100100
Other reserves1,0001,000
Profit and loss account160,916132,393
Shareholders' funds162,016133,493
The financial statements were approved and authorised for issue by the Director on 25 September 2024, and are signed on its behalf by:
LULECI, Emrullah
Director
Registered Company No. 11616880
DEVINGEN LTD
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Vehicles10
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 August 2364,008
Additions1,600
At 31 July 2465,608
Depreciation and impairment
At 01 August 2310,995
Charge for year6,758
At 31 July 2417,754
Net book value
At 31 July 2447,855
At 31 July 2353,012
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-230
Taxation and social security21,21224,083
Other creditors2,66030,302
Total23,87254,615
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.