IRIS Accounts Production v24.2.0.383 10718966 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107189662023-03-31107189662024-03-31107189662023-04-012024-03-31107189662022-03-31107189662022-04-012023-03-31107189662023-03-3110718966ns15:EnglandWales2023-04-012024-03-3110718966ns14:PoundSterling2023-04-012024-03-3110718966ns10:Director12023-04-012024-03-3110718966ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110718966ns10:SmallEntities2023-04-012024-03-3110718966ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110718966ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110718966ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110718966ns10:FullAccounts2023-04-012024-03-3110718966ns10:CompanySecretary12023-04-012024-03-3110718966ns10:RegisteredOffice2023-04-012024-03-3110718966ns5:CurrentFinancialInstruments2024-03-3110718966ns5:CurrentFinancialInstruments2023-03-3110718966ns5:ShareCapital2024-03-3110718966ns5:ShareCapital2023-03-3110718966ns5:RetainedEarningsAccumulatedLosses2024-03-3110718966ns5:RetainedEarningsAccumulatedLosses2023-03-3110718966ns5:PlantMachinery2023-04-012024-03-3110718966ns5:PlantMachinery2023-03-3110718966ns5:PlantMachinery2024-03-3110718966ns5:PlantMachinery2023-03-3110718966ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3110718966ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110718966ns5:DeferredTaxation2023-03-3110718966ns5:DeferredTaxation2023-04-012024-03-3110718966ns5:DeferredTaxation2024-03-31
REGISTERED NUMBER: 10718966 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE DEVELOPMENT SUITE LIMITED

THE DEVELOPMENT SUITE LIMITED (REGISTERED NUMBER: 10718966)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE DEVELOPMENT SUITE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr A D Bruce





SECRETARY: Mr A D Bruce





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 10718966 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

THE DEVELOPMENT SUITE LIMITED (REGISTERED NUMBER: 10718966)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,947 3,136

CURRENT ASSETS
Debtors 5 23,907 23,234
Cash at bank 161,020 151,326
184,927 174,560
CREDITORS
Amounts falling due within one year 6 39,744 38,536
NET CURRENT ASSETS 145,183 136,024
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,130

139,160

PROVISIONS FOR LIABILITIES 7 370 596
NET ASSETS 146,760 138,564

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 146,660 138,464
146,760 138,564

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 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.

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 and authorised for issue by the director and authorised for issue on 31 October 2024 and were signed by:




Mr A D Bruce - Director


THE DEVELOPMENT SUITE LIMITED (REGISTERED NUMBER: 10718966)

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

1. STATUTORY INFORMATION

The Development Suite 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 etc - 25% on cost and 20% on 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.

3. EMPLOYEES AND DIRECTORS

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

THE DEVELOPMENT SUITE LIMITED (REGISTERED NUMBER: 10718966)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 10,825
Additions 158
Disposals (3,963 )
At 31 March 2024 7,020
DEPRECIATION
At 1 April 2023 7,689
Charge for year 1,347
Eliminated on disposal (3,963 )
At 31 March 2024 5,073
NET BOOK VALUE
At 31 March 2024 1,947
At 31 March 2023 3,136

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 22,812 19,454
Other debtors 1,095 3,780
23,907 23,234

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 169 2,127
Taxation and social security 32,895 29,603
Other creditors 6,680 6,806
39,744 38,536

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 370 596

Deferred
tax
£   
Balance at 1 April 2023 596
Utilised during year (226 )
Balance at 31 March 2024 370

THE DEVELOPMENT SUITE LIMITED (REGISTERED NUMBER: 10718966)

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

8. RELATED PARTY DISCLOSURES

The aggregate amount the company owed to the director at the balance sheet date was £334 (31.3.23: £334). This amount is unsecured, interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A D Bruce.