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Company Registration No. 14931074 (England and Wales)
Devenports Twickenham Limited Unaudited accounts for the period from 12 June 2023 to 31 December 2023
Devenports Twickenham Limited Unaudited accounts Contents
Page
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Devenports Twickenham Limited Company Information for the period from 12 June 2023 to 31 December 2023
Directors
James Cottee Aaron Baxter
Company Number
14931074 (England and Wales)
Registered Office
77A Richmond Road Twickenham TW1 3AW England
Accountants
P10 Accountancy Ltd 77A Richmond Road Twickenham TW1 3AW
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Devenports Twickenham Limited Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
98,239 
Current assets
Debtors
45,003 
Cash at bank and in hand
97,768 
142,771 
Creditors: amounts falling due within one year
(189,130)
Net current liabilities
(46,359)
Net assets
51,880 
Capital and reserves
Called up share capital
200 
Share premium
99,960 
Profit and loss account
(48,280)
Shareholders' funds
51,880 
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by
James Cottee Director Company Registration No. 14931074
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Devenports Twickenham Limited Notes to the Accounts for the period from 12 June 2023 to 31 December 2023
1
Statutory information
Devenports Twickenham Limited is a private company, limited by shares, registered in England and Wales, registration number 14931074. The registered office is 77A Richmond Road, Twickenham, TW1 3AW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Devenports Twickenham Limited Notes to the Accounts for the period from 12 June 2023 to 31 December 2023
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 12 June 2023
- 
- 
- 
Additions
103,033 
7,345 
110,378 
At 31 December 2023
103,033 
7,345 
110,378 
Depreciation
Charge for the period
10,303 
1,836 
12,139 
At 31 December 2023
10,303 
1,836 
12,139 
Net book value
At 31 December 2023
92,730 
5,509 
98,239 
5
Debtors
2023 
£ 
Amounts falling due within one year
VAT
12,745 
Accrued income and prepayments
1,008 
Other debtors
31,250 
45,003 
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
2,484 
Amounts owed to group undertakings and other participating interests
185,146 
Accruals
1,500 
189,130 
7
Average number of employees
During the period the average number of employees was 2.
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