REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2024 to 31 December 2024 |
for |
Devitt Family Holdings Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2024 to 31 December 2024 |
for |
Devitt Family Holdings Ltd |
Devitt Family Holdings Ltd (Registered number: 12524744) |
Contents of the Financial Statements |
for the Period 1 April 2024 to 31 December 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Devitt Family Holdings Ltd |
Company Information |
for the Period 1 April 2024 to 31 December 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Suite 15 |
The Enterprise Centre |
Coxbridge Business Park |
Farnham |
Surrey |
GU10 5EH |
Devitt Family Holdings Ltd (Registered number: 12524744) |
Balance Sheet |
31 December 2024 |
2024 | 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year | 7 | ( |
) |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The directors acknowledge their 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. |
Devitt Family Holdings Ltd (Registered number: 12524744) |
Balance Sheet - continued |
31 December 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Devitt Family Holdings Ltd (Registered number: 12524744) |
Notes to the Financial Statements |
for the Period 1 April 2024 to 31 December 2024 |
1. | STATUTORY INFORMATION |
Devitt Family Holdings Ltd is a |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
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. |
Furniture & Fixtures - 25% on reducing balance |
TAXATION |
Taxation for the period 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 asset is not recognised as it is not 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 period was NIL (2024 - NIL). |
Devitt Family Holdings Ltd (Registered number: 12524744) |
Notes to the Financial Statements - continued |
for the Period 1 April 2024 to 31 December 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 April 2024 |
Disposals | ( |
) | ( |
) | ( |
) |
At 31 December 2024 |
DEPRECIATION |
At 1 April 2024 |
Charge for period |
Eliminated on disposal | ( |
) | ( |
) |
At 31 December 2024 |
NET BOOK VALUE |
At 31 December 2024 |
At 31 March 2024 |
Cost or valuation at 31 December 2024 is represented by: |
Land and |
buildings |
£ |
Valuation in 2024 | 20,000 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2024 |
£ | £ |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2024 |
£ | £ |
Tax |
Directors' loan accounts | 8,092 | 148,936 |
Accruals and deferred income |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2024 |
£ | £ |
Mortgage loan | - | 147,000 |
Devitt Family Holdings Ltd (Registered number: 12524744) |
Notes to the Financial Statements - continued |
for the Period 1 April 2024 to 31 December 2024 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
2024 | 2024 |
£ | £ |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Mortgage loan | - | 147,000 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2024 |
value: | £ | £ |
Ordinary | £0.1 | 10 | 10 |
9. | ULTIMATE CONTROLLING PARTY |
The company was under the control of J S Devitt & M R Devitt throughout the current year, who are the director and majority shareholder. |