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REGISTERED NUMBER: 04634850 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

DEVONSHIRE BLINDS LTD

DEVONSHIRE BLINDS LTD (REGISTERED NUMBER: 04634850)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEVONSHIRE BLINDS LTD

COMPANY INFORMATION
for the year ended 28 February 2025







DIRECTORS: Mrs S M Hall
Mr R A Hall





SECRETARY: Mrs S M Hall





REGISTERED OFFICE: 17 St Peters Place
Fleetwood
Lancashire
FY7 6EB





REGISTERED NUMBER: 04634850 (England and Wales)





ACCOUNTANTS: Jones Harris Limited
17 St Peters Place
Fleetwood
Lancashire
FY7 6EB

DEVONSHIRE BLINDS LTD (REGISTERED NUMBER: 04634850)

BALANCE SHEET
28 February 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 76,969 74,609

CURRENT ASSETS
Stocks 20,000 20,000
Debtors 5 71,407 40,234
Cash at bank and in hand 316,320 303,872
407,727 364,106
CREDITORS
Amounts falling due within one year 6 (79,974 ) (51,081 )
NET CURRENT ASSETS 327,753 313,025
TOTAL ASSETS LESS CURRENT
LIABILITIES

404,722

387,634

PROVISIONS FOR LIABILITIES (17,575 ) (14,176 )
NET ASSETS 387,147 373,458

CAPITAL AND RESERVES
Called up share capital 130 130
Retained earnings 387,017 373,328
SHAREHOLDERS' FUNDS 387,147 373,458

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

DEVONSHIRE BLINDS LTD (REGISTERED NUMBER: 04634850)

BALANCE SHEET - continued
28 February 2025


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 16 April 2025 and were signed on its behalf by:





Mr R A Hall - Director


DEVONSHIRE BLINDS LTD (REGISTERED NUMBER: 04634850)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 28 February 2025

1. STATUTORY INFORMATION

Devonshire Blinds Ltd 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 represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on 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 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.

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.

DEVONSHIRE BLINDS LTD (REGISTERED NUMBER: 04634850)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Going concern
The directors are satisfied at the time of approving the financial statements that the company has adequate resources to continue to operate for the foreseeable future and as such, continues to adopt the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 March 2024 1,740 32,965 12,777
Additions - - 364
Disposals - - -
At 28 February 2025 1,740 32,965 13,141
DEPRECIATION
At 1 March 2024 1,740 26,909 9,875
Charge for year - 908 458
Eliminated on disposal - - -
At 28 February 2025 1,740 27,817 10,333
NET BOOK VALUE
At 28 February 2025 - 5,148 2,808
At 29 February 2024 - 6,056 2,902

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2024 150,699 28,424 226,605
Additions 63,021 1,489 64,874
Disposals (55,358 ) - (55,358 )
At 28 February 2025 158,362 29,913 236,121
DEPRECIATION
At 1 March 2024 87,757 25,715 151,996
Charge for year 23,975 1,843 27,184
Eliminated on disposal (20,028 ) - (20,028 )
At 28 February 2025 91,704 27,558 159,152
NET BOOK VALUE
At 28 February 2025 66,658 2,355 76,969
At 29 February 2024 62,942 2,709 74,609

DEVONSHIRE BLINDS LTD (REGISTERED NUMBER: 04634850)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 69,407 35,241
Prepayments 2,000 4,993
71,407 40,234

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 27,522 17,446
Tax 23,354 5,263
Social security and other taxes 3,594 5,354
VAT 21,316 18,655
Directors' current accounts 23 79
Accruals and deferred income 4,165 4,284
79,974 51,081

7. OTHER FINANCIAL COMMITMENTS

The company had operating lease commitments at 28th February 2025 of £3,518 (2024 - £7,740).

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 2024
£    £   
Mrs S M Hall and Mr R A Hall
Balance outstanding at start of year - -
Amounts advanced 4,870 4,251
Amounts repaid (4,870 ) (4,251 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £42,800 (2024 - £43,340) were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs S M Hall.