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REGISTERED NUMBER: 05836868 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Devon Arms (Kenton) Ltd

Devon Arms (Kenton) Ltd (Registered number: 05836868)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Devon Arms (Kenton) Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs. S C Choy
C K Choy





REGISTERED OFFICE: Fore Street
Kenton
Nr Exeter
Devon
EX6 8LD





REGISTERED NUMBER: 05836868 (England and Wales)





ACCOUNTANTS: ACL & Co
Chartered Certified Accountants
The Coach House
1 Howard Road
Reigate
RH2 7JE

Devon Arms (Kenton) Ltd (Registered number: 05836868)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 7,500 10,000
Tangible assets 5 606,302 610,669
613,802 620,669

CURRENT ASSETS
Stocks 3,500 3,500
Debtors 6 240 2,033
Cash at bank and in hand 19,746 23,776
23,486 29,309
CREDITORS
Amounts falling due within one year 7 287,982 277,091
NET CURRENT LIABILITIES (264,496 ) (247,782 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

349,306

372,887

CREDITORS
Amounts falling due after more than
one year

8

51,289

75,078
NET ASSETS 298,017 297,809

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 298,015 297,807
298,017 297,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Devon Arms (Kenton) Ltd (Registered number: 05836868)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 18 December 2024 and were signed on its behalf by:





Mrs. S C Choy - Director


Devon Arms (Kenton) Ltd (Registered number: 05836868)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Devon Arms (Kenton) Ltd 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 9 ) .

Devon Arms (Kenton) Ltd (Registered number: 05836868)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 50,000
AMORTISATION
At 1 July 2023 40,000
Charge for year 2,500
At 30 June 2024 42,500
NET BOOK VALUE
At 30 June 2024 7,500
At 30 June 2023 10,000

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 July 2023 455,889 174,848 32,101
Additions - - 432
Disposals - - -
At 30 June 2024 455,889 174,848 32,533
DEPRECIATION
At 1 July 2023 - 27,538 29,798
Charge for year - 1,748 850
Eliminated on disposal - - -
At 30 June 2024 - 29,286 30,648
NET BOOK VALUE
At 30 June 2024 455,889 145,562 1,885
At 30 June 2023 455,889 147,310 2,303

Devon Arms (Kenton) Ltd (Registered number: 05836868)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 93,044 6,800 15,204 777,886
Additions - - - 432
Disposals - (6,800 ) - (6,800 )
At 30 June 2024 93,044 - 15,204 771,518
DEPRECIATION
At 1 July 2023 90,905 5,589 13,387 167,217
Charge for year 535 - 455 3,588
Eliminated on disposal - (5,589 ) - (5,589 )
At 30 June 2024 91,440 - 13,842 165,216
NET BOOK VALUE
At 30 June 2024 1,604 - 1,362 606,302
At 30 June 2023 2,139 1,211 1,817 610,669

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Tax - 1,793
Prepayments 240 240
240 2,033

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 69,606 66,523
Tax 1,506 -
Social security and other taxes 272 559
VAT 8,378 5,223
Other creditors 210 -
Directors' current accounts 203,931 201,085
Accrued expenses 4,079 3,701
287,982 277,091

Devon Arms (Kenton) Ltd (Registered number: 05836868)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans more 5 yr by instal 51,289 75,078

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 51,289 75,078