IRIS Accounts Production v24.2.0.383 06038717 director 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060387172023-01-31060387172024-01-31060387172023-02-012024-01-31060387172022-01-31060387172022-02-012023-01-31060387172023-01-3106038717ns15:EnglandWales2023-02-012024-01-3106038717ns14:PoundSterling2023-02-012024-01-3106038717ns10:Director12023-02-012024-01-3106038717ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3106038717ns10:SmallEntities2023-02-012024-01-3106038717ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3106038717ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3106038717ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3106038717ns10:FullAccounts2023-02-012024-01-3106038717ns10:CompanySecretary12023-02-012024-01-3106038717ns10:RegisteredOffice2023-02-012024-01-3106038717ns5:CurrentFinancialInstruments2024-01-3106038717ns5:CurrentFinancialInstruments2023-01-3106038717ns5:ShareCapital2024-01-3106038717ns5:ShareCapital2023-01-3106038717ns5:RetainedEarningsAccumulatedLosses2024-01-3106038717ns5:RetainedEarningsAccumulatedLosses2023-01-3106038717ns5:PlantMachinery2023-02-012024-01-3106038717ns5:MotorVehicles2023-02-012024-01-3106038717ns5:ComputerEquipment2023-02-012024-01-3106038717ns5:PlantMachinery2023-01-3106038717ns5:MotorVehicles2023-01-3106038717ns5:ComputerEquipment2023-01-3106038717ns5:PlantMachinery2024-01-3106038717ns5:MotorVehicles2024-01-3106038717ns5:ComputerEquipment2024-01-3106038717ns5:PlantMachinery2023-01-3106038717ns5:MotorVehicles2023-01-3106038717ns5:ComputerEquipment2023-01-3106038717ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3106038717ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3106038717ns5:AcceleratedTaxDepreciationDeferredTax2024-01-3106038717ns5:AcceleratedTaxDepreciationDeferredTax2023-01-3106038717ns5:DeferredTaxation2023-01-3106038717ns5:DeferredTaxation2023-02-012024-01-3106038717ns5:DeferredTaxation2024-01-31060387171ns10:Director12023-01-31060387171ns10:Director12022-01-31060387171ns10:Director12023-02-012024-01-31060387171ns10:Director12022-02-012023-01-31060387171ns10:Director12024-01-31060387171ns10:Director12023-01-3106038717ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-3106038717ns5:RetainedEarningsAccumulatedLosses2022-02-012023-01-31
REGISTERED NUMBER: 06038717 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

DEVON ECOBUILD LIMITED

DEVON ECOBUILD LIMITED (REGISTERED NUMBER: 06038717)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEVON ECOBUILD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: R J B Arnold





SECRETARY: R J B Arnold





REGISTERED OFFICE: Barnfield
East Butterleigh
Cullompton
Devon
EX15 1LU





REGISTERED NUMBER: 06038717 (England and Wales)





ACCOUNTANTS: Merlin Accountancy Services Ltd
2nd Floor
33 Longbrook Street
Exeter
Devon
EX4 6AW

DEVON ECOBUILD LIMITED (REGISTERED NUMBER: 06038717)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,896 9,020

CURRENT ASSETS
Stocks 500 2,000
Debtors 5 1,359 1,554
Cash at bank 2,017 1,088
3,876 4,642
CREDITORS
Amounts falling due within one year 6 19,218 9,343
NET CURRENT LIABILITIES (15,342 ) (4,701 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,446

)

4,319

PROVISIONS FOR LIABILITIES 7 1,282 1,447
NET (LIABILITIES)/ASSETS (8,728 ) 2,872

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings (8,731 ) 2,869
11 (8,728 ) 2,872

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

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

The director acknowledges his 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.

DEVON ECOBUILD LIMITED (REGISTERED NUMBER: 06038717)

BALANCE SHEET - continued
31 JANUARY 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 15 October 2024 and were signed by:





R J B Arnold - Director


DEVON ECOBUILD LIMITED (REGISTERED NUMBER: 06038717)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Devon Ecobuild 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 20% on reducing balance

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

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.


DEVON ECOBUILD LIMITED (REGISTERED NUMBER: 06038717)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 35,190 29,234 4,859 69,283
Additions 850 - - 850
At 31 January 2024 36,040 29,234 4,859 70,133
DEPRECIATION
At 1 February 2023 28,069 29,234 2,960 60,263
Charge for year 1,594 - - 1,594
Impairments - - 380 380
At 31 January 2024 29,663 29,234 3,340 62,237
NET BOOK VALUE
At 31 January 2024 6,377 - 1,519 7,896
At 31 January 2023 7,121 - 1,899 9,020

DEVON ECOBUILD LIMITED (REGISTERED NUMBER: 06038717)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors - 1,122
Amounts recoverable on contract 900 -
Other debtors 459 432
1,359 1,554

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1 1
Trade creditors 984 1,079
Taxation and social security 963 1,723
Other creditors 17,270 6,540
19,218 9,343

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 1,282 1,447

Deferred
tax
£   
Balance at 1 February 2023 1,447
Credit to Income Statement during year (165 )
Balance at 31 January 2024 1,282

DEVON ECOBUILD LIMITED (REGISTERED NUMBER: 06038717)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
R J B Arnold
Balance outstanding at start of year 7,270 12,187
Amounts advanced - 7,270
Amounts repaid (7,270 ) (12,187 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 7,270

During the year the director had a loan with the company. No interest is charged on this loan. The loan was repaid in full during the year.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £15,000 (2023 - £13,000) were paid to the director .

10. ULTIMATE CONTROLLING PARTY

The controlling party is R J B Arnold.

11. RECONCILIATION OF MOVEMENTS IN RESERVES
2024 2023
£    £   
Profit for the financial year 3,400 6,283
Dividends (15,000 ) (13,000 )
Opening balance
Net reduction of reserves (11,600 ) (6,717 )
Opening reserves 2,872 9,589
Closing reserves (8,728 ) 2,872