DEVERE PROPERTY INVESTMENT LIMITED

Company Registration Number:
09850638 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

DEVERE PROPERTY INVESTMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

DEVERE PROPERTY INVESTMENT LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,400,464 2,378,000
Investments: 4 2 2
Total fixed assets: 2,400,466 2,378,002
Current assets
Cash at bank and in hand: 11,445 2,985
Total current assets: 11,445 2,985
Creditors: amounts falling due within one year: 5 (440,526) (552,741)
Net current assets (liabilities): (429,081) (549,756)
Total assets less current liabilities: 1,971,385 1,828,246
Creditors: amounts falling due after more than one year: 6 (1,113,029) (1,113,029)
Provision for liabilities: (150,497) (150,497)
Total net assets (liabilities): 707,859 564,720
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 707,858 564,719
Shareholders funds: 707,859 564,720

The notes form part of these financial statements

DEVERE PROPERTY INVESTMENT LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 March 2025
and signed on behalf of the board by:

Name: P.F. Devere-Catt
Status: Director

The notes form part of these financial statements

DEVERE PROPERTY INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DEVERE PROPERTY INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

DEVERE PROPERTY INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 2,378,000
Additions 22,464
At 31 March 2024 2,400,464
Net book value
At 31 March 2024 2,400,464
At 31 March 2023 2,378,000

DEVERE PROPERTY INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

Investment Properties are included at market fair value and have been valued by the Director.

DEVERE PROPERTY INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023 Taxes and social security 20,480 10,537 Other creditors 2,935 695 Loan from Director 417,131 541,509 Total 440,526 552,741

DEVERE PROPERTY INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

Bank loans are secured on Investment Property owned by the company.

DEVERE PROPERTY INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Related party transactions

Name of the related party: Mr P. F. Devere-Catt
Relationship:
Director and sole shareholder
Description of the Transaction: Included in creditors is an interest free advance from the Director to the company of £417,131 (2023 £541,509) The maximum balance during the year was £541,509.
£
Balance at 01 April 2023 541,509
Balance at 31 March 2024 417,131