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REGISTERED NUMBER: 04906844 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ROBERT DEAVALL ASSOCIATES LIMITED

ROBERT DEAVALL ASSOCIATES LIMITED (REGISTERED NUMBER: 04906844)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROBERT DEAVALL ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: R A Deavall BA (Hons) BSc (Hons)
Dr T Deavall
Mrs B Deavall





SECRETARY: R A Deavall BA (Hons) BSc (Hons)





REGISTERED OFFICE: 35 Harberton Crescent
Chichester
West Sussex
PO19 5NY





REGISTERED NUMBER: 04906844 (England and Wales)





ACCOUNTANTS: Lewis Brownlee (Chichester) Limited
Chartered Accountants
Appledram Barns
Birdham Road
Chichester
West Sussex
PO20 7EQ

ROBERT DEAVALL ASSOCIATES LIMITED (REGISTERED NUMBER: 04906844)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,300 1,493
Investment property 5 583,000 575,000
584,300 576,493

CURRENT ASSETS
Debtors 6 884 836
Cash at bank 25,874 18,358
26,758 19,194
CREDITORS
Amounts falling due within one year 7 158,772 207,904
NET CURRENT LIABILITIES (132,014 ) (188,710 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

452,286

387,783

PROVISIONS FOR LIABILITIES 5,272 3,571
NET ASSETS 447,014 384,212

CAPITAL AND RESERVES
Called up share capital 100 100
Non- distributable reserves 38,884 32,634
Retained earnings 408,030 351,478
SHAREHOLDERS' FUNDS 447,014 384,212

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

ROBERT DEAVALL ASSOCIATES LIMITED (REGISTERED NUMBER: 04906844)

BALANCE SHEET - continued
30 SEPTEMBER 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 10 April 2025 and were signed on its behalf by:





R A Deavall BA (Hons) BSc (Hons) - Director


ROBERT DEAVALL ASSOCIATES LIMITED (REGISTERED NUMBER: 04906844)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Robert Deavall Associates 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 presentational currency of the financial statements is in Pound Sterling (£) which is rounded to the nearest pound (£).

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the gross invoiced sales of services, as the company is not registered for value added tax.

Rents received represents rents receivable, recognised on a time basis, for management charges.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment & furniture - 33% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation or any impairment losses.

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.

Depreciation is not provided in respect of such freehold investment properties. This policy represents a departure from statutory accounting principles, which requires depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the accounts may give a true and fair view because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Financial instruments
Financial instruments are classified by the director as basic or advanced following the conditions in FRS102 section 1A. Basic financial instruments are recognised at amortised cost using effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

Taxation
Taxation for the year 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.

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.

ROBERT DEAVALL ASSOCIATES LIMITED (REGISTERED NUMBER: 04906844)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

Employee benefits
The costs of short-term employee benefits are recognised as a liability and and expense. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Equipment
& furniture
£   
COST
At 1 October 2023 3,189
Additions 638
Disposals (385 )
At 30 September 2024 3,442
DEPRECIATION
At 1 October 2023 1,696
Charge for year 639
Eliminated on disposal (193 )
At 30 September 2024 2,142
NET BOOK VALUE
At 30 September 2024 1,300
At 30 September 2023 1,493

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 575,000
Revaluations 8,000
At 30 September 2024 583,000
NET BOOK VALUE
At 30 September 2024 583,000
At 30 September 2023 575,000

ROBERT DEAVALL ASSOCIATES LIMITED (REGISTERED NUMBER: 04906844)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2016 3,481
Valuation in 2017 (8,091 )
Valuation in 2018 3,000
Valuation in 2019 2,000
Valuation in 2020 8,091
Valuation in 2021 45,850
Valuation in 2022 21,500
Valuation in 2023 (40,000 )
Valuation in 2024 8,000
Cost 539,169
583,000

Investment properties were valued on an open market basis as at 30 September 2024 by R A Deavall BA (Hons) BSc (Hons) MRICS, a director of Regnum Estates Limited.

Should the investment properties be sold at their present carrying value, there would be additional corporation tax liability arising of £4,947. This is based on current tax rates and has been provided for and included within the non distributable reserve.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 884 836

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 19,200 13,038
Other creditors 139,572 194,866
158,772 207,904

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Directors loans 136,194 191,250

The directors loans are secured on the investment properties owned by the company.