DEVELOCUS LTD

Company Registration Number:
15714399 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2025

Period of accounts

Start date: 11 May 2024

End date: 31 May 2025

DEVELOCUS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DEVELOCUS LTD

Profit And Loss Account

for the Period Ended 31 May 2025

13 months to 31 May 2025


£
Turnover: 800,600
Cost of sales: ( 520,000 )
Gross profit(or loss): 280,600
Administrative expenses: ( 93,620 )
Operating profit(or loss): 186,980
Profit(or loss) before tax: 186,980
Tax: ( 35,526 )
Profit(or loss) for the financial year: 151,454

DEVELOCUS LTD

Balance sheet

As at 31 May 2025

Notes 13 months to 31 May 2025


£
Fixed assets
Intangible assets: 3 5,000
Tangible assets: 4 15,000
Total fixed assets: 20,000
Current assets
Stocks: 5 119,000
Debtors: 6 60,000
Cash at bank and in hand: 1,000
Total current assets: 180,000
Creditors: amounts falling due within one year: 7 ( 48,545 )
Net current assets (liabilities): 131,455
Total assets less current liabilities: 151,455
Creditors: amounts falling due after more than one year:   0
Total net assets (liabilities): 151,455
Capital and reserves
Called up share capital: 1
Profit and loss account: 151,454
Total Shareholders' funds: 151,455

The notes form part of these financial statements

DEVELOCUS LTD

Balance sheet statements

For the year ending 31 May 2025 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.

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

This report was approved by the board of directors on 1 June 2025
and signed on behalf of the board by:

Name: Mr Max Richard Charles Paull
Status: Director

The notes form part of these financial statements

DEVELOCUS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

DEVELOCUS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    13 months to 31 May 2025
    Average number of employees during the period 1

DEVELOCUS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 3,000 2,000 5,000
Disposals ( 1,500 ) ( 1,000 ) ( 2,500 )
Revaluations 2,500 1,800 4,300
Transfers
At 31 May 2025 4,000 2,800 6,800
Amortisation
Charge for year 1,200 600 1,800
On disposals
Other adjustments
At 31 May 2025 1,200 600 1,800
Net book value
At 31 May 2025 2,800 2,200 5,000

DEVELOCUS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 19,500 20,000 5,000 500 22,000 67,000
Disposals ( 15,500 ) ( 14,000 ) ( 3,000 ) ( 300 ) ( 15,000 ) ( 47,800 )
Revaluations
Transfers
At 31 May 2025 4,000 6,000 2,000 200 7,000 19,200
Depreciation
Charge for year 1,400 500 200 100 2,000 4,200
On disposals
Other adjustments
At 31 May 2025 1,400 500 200 100 2,000 4,200
Net book value
At 31 May 2025 2,600 5,500 1,800 100 5,000 15,000

DEVELOCUS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

5. Stocks

13 months to 31 May 2025
£
Stocks 119,000
Total 119,000

DEVELOCUS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

6. Debtors

13 months to 31 May 2025
£
Other debtors 60,000
Total 60,000

DEVELOCUS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

7. Creditors: amounts falling due within one year note

13 months to 31 May 2025
£
Other creditors 48,545
Total 48,545