REGISTERED NUMBER: 14008512 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Davenport Group Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

T P Davenport

Mrs L C Davenport

REGISTERED OFFICE:

41 Landywood Lane

Cheslyn Hay

Walsall

WS6 7AJ

REGISTERED NUMBER:

14008512 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Investments

4

100

100

Investment property

5

285,444

286,894

285,544

286,994

CURRENT ASSETS

Cash at bank

6,716

4,562

CREDITORS

Amounts falling due within one year

6

(104,059

)

(106,417

)

NET CURRENT LIABILITIES

(97,343

)

(101,855

)

TOTAL ASSETS LESS CURRENT LIABILITIES

188,201

185,139

CREDITORS

Amounts falling due after more than one year

7

(177,321

)

(180,442

)

NET ASSETS

10,880

4,697

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10,780

4,597

SHAREHOLDERS' FUNDS

10,880

4,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2024 and were signed on its behalf by:

T P Davenport - Director

1.	STATUTORY INFORMATION

Davenport Group Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2023

and 31 July 2024

100

NET BOOK VALUE

At 31 July 2024

100

At 31 July 2023

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

H2O Hygiene Limited

Registered office: 41 Landywood Lane, Cheslyn Hay, Walsall, WS6 7AJ

Nature of business: Water hygiene and treatment

%

Class of shares:

holding

Ordinary A

100.00

Ordinary B

100.00

2024

2023

£

£

Aggregate capital and reserves

1,005,782

997,524

Profit for the year/period

233,558

415,555

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

283,500

At 31 July 2023

283,500

NET BOOK VALUE

At 31 July 2023

283,500

In the opinion of the directors, the net book value of the property is a reasonable market value.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

7,863

12,290

Amounts owed to group undertakings

93,598

91,047

Taxation and social security

1,298

1,880

Other creditors

1,300

1,200

104,059

106,417

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

177,321

180,442

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

138,686

79,792

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

185,184

192,732

There is a fixed and floating charge over all property in favour of Lloyds Bank plc dated 4 November 2022.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

75

A Ordinary

£1

75

75

25

B Ordinary

£1

25

25

100

100

10.	RELATED PARTY DISCLOSURES

H2O Hygiene Limited

Subsidiary company

During the period H20 Hygiene Limited paid rent to Davenport Group Holdings Ltd in the amount of £25,104 (2023 - £20,920).

There ia an amount owed to H2O Hygiene Limited of £93,598 (2023 - £91,047) which is unsecured and has no specific terms regarding payment of interest. The amount due is repayable on demand but the directors of H2O Hygiene Limited have given their assurance that the amount payable will not be demanded until such time as Davenport Group Holdings Limited can afford to do so without detriment to its operating and working capital needs.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Davenport Group Holdings Limited for the year ended 31 July 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Davenport Group Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Davenport Group Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Davenport Group Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Davenport Group Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Davenport Group Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Davenport Group Holdings Limited. You consider that Davenport Group Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Davenport Group Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

9 December 2024