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REGISTERED NUMBER: 09481760 (England and Wales)








Unaudited Financial Statements

for the Year Ended 30 April 2024

for

DEVLND LIMITED

DEVLND LIMITED (REGISTERED NUMBER: 09481760)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEVLND LIMITED

Company Information
for the year ended 30 April 2024







DIRECTORS: M Crowson
S Heaton





REGISTERED OFFICE: 195 South Liberty Lane
Bristol
BS3 2TN





REGISTERED NUMBER: 09481760 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
c/o MGB Accountants - Suite 22
Trym Lodge, 1 Henbury Road
Westbury-on-Trym
Bristol
BS9 3HQ

DEVLND LIMITED (REGISTERED NUMBER: 09481760)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 2,890 5,695
Tangible assets 5 582,613 585,151
Investments 6 290 -
585,793 590,846

CURRENT ASSETS
Stocks 72,667 87,219
Debtors 7 401,278 195,570
Cash at bank 31,044 45,218
504,989 328,007
CREDITORS
Amounts falling due within one year 8 454,292 273,349
NET CURRENT ASSETS 50,697 54,658
TOTAL ASSETS LESS CURRENT
LIABILITIES

636,490

645,504

CREDITORS
Amounts falling due after more than one year 9 (144,349 ) (191,202 )

PROVISIONS FOR LIABILITIES (37,712 ) (38,194 )
NET ASSETS 454,429 416,108

CAPITAL AND RESERVES
Called up share capital 20 20
Revaluation reserve 10 118,024 118,024
Retained earnings 336,385 298,064
454,429 416,108

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

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

DEVLND LIMITED (REGISTERED NUMBER: 09481760)

Balance Sheet - continued
30 April 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 Statement of Income and Retained Earnings 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:





M Crowson - Director


DEVLND LIMITED (REGISTERED NUMBER: 09481760)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Devlnd 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.

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.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 13 (2023 - 11 ) .

DEVLND LIMITED (REGISTERED NUMBER: 09481760)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023
and 30 April 2024 98,730
AMORTISATION
At 1 May 2023 93,035
Charge for year 2,805
At 30 April 2024 95,840
NET BOOK VALUE
At 30 April 2024 2,890
At 30 April 2023 5,695

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 575,000 66,041 641,041
DEPRECIATION
At 1 May 2023 - 55,890 55,890
Charge for year - 2,538 2,538
At 30 April 2024 - 58,428 58,428
NET BOOK VALUE
At 30 April 2024 575,000 7,613 582,613
At 30 April 2023 575,000 10,151 585,151

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 290
At 30 April 2024 290
NET BOOK VALUE
At 30 April 2024 290

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,434 180,314
Amounts owed by group undertakings 379,679 3,000
Other debtors 20,165 12,256
401,278 195,570

DEVLND LIMITED (REGISTERED NUMBER: 09481760)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 46,803 46,754
Trade creditors 320,771 176,162
Amounts owed to group undertakings 24,459 1,211
Taxation and social security 44,798 29,914
Other creditors 17,461 19,308
454,292 273,349

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 144,349 191,202

10. RESERVES
Revaluation
reserve
£   
At 1 May 2023
and 30 April 2024 118,024