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REGISTERED NUMBER: 10007115 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Davon Investments Ltd

Davon Investments Ltd (Registered number: 10007115)

Contents of the Financial Statements
for the Year Ended 30 April 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Davon Investments Ltd

Company Information
for the Year Ended 30 April 2025







DIRECTORS: D Norman
C D Hector





REGISTERED OFFICE: Terminal Buildings
Blackbushe Airport
Camberley
Surrey
GU17 9LQ





REGISTERED NUMBER: 10007115 (England and Wales)





ACCOUNTANTS: Butt Miller
Chartered Accountants
1 Minster Court
Tuscam Way
Camberley
Surrey
GU15 3YY

Davon Investments Ltd (Registered number: 10007115)

Statement of Financial Position
30 April 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 378 -
Investments 5 30,000 -
30,378 -

CURRENT ASSETS
Debtors 6 1,693,437 2,373,856
Cash at bank and in hand 58 62,685
1,693,495 2,436,541
CREDITORS
Amounts falling due within one year 7 (994,439 ) (1,773,547 )
NET CURRENT ASSETS 699,056 662,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

729,434

662,994

CREDITORS
Amounts falling due after more than one
year

8

(885

)

(11,369

)
NET ASSETS 728,549 651,625

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 728,449 651,525
SHAREHOLDERS' FUNDS 728,549 651,625

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

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

Davon Investments Ltd (Registered number: 10007115)

Statement of Financial Position - continued
30 April 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 25 July 2025 and were signed on its behalf by:





D Norman - Director


Davon Investments Ltd (Registered number: 10007115)

Notes to the Financial Statements
for the Year Ended 30 April 2025


1. STATUTORY INFORMATION

Davon Investments 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.

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 represents amounts received and receivable for interest and associated income from loans advanced. Trade debtors represents capital amounts outstanding at the Statement of Financial Position date. Amounts outstanding at the statement of financial position date on loans received during the year to facilitate lending to property developers, are shown as trade creditors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

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 Statement of Financial Position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Statement of Financial Position 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.

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.

Operating leases
Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

Fixed asset investments
Fixed asset investments are stated at cost unless, in the opinion of the directors, there has been an impairment, in which case an appropriate adjustment is made.

Davon Investments Ltd (Registered number: 10007115)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025


2. ACCOUNTING POLICIES - continued

Recoverability of receivables
The company establishes a provision for loans receivable from developers (trade debtors) that are estimated not to be recoverable. When assessing recoverability the directors consider factors such as the aging of the receivables, past experience of recoverability and the credit profile of the developer.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 400
At 30 April 2025 400
DEPRECIATION
Charge for year 22
At 30 April 2025 22
NET BOOK VALUE
At 30 April 2025 378

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 30,000
At 30 April 2025 30,000
NET BOOK VALUE
At 30 April 2025 30,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,686,435 2,373,856
Other debtors 1,800 -
Prepayments 5,202 -
1,693,437 2,373,856

Davon Investments Ltd (Registered number: 10007115)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 49,909 10,225
Trade creditors 728,928 1,739,113
Tax 25,165 23,585
Social security and other taxes 715 -
Other creditors 1,627 -
Directors' current accounts 187,536 624
Accruals and deferred income 559 -
994,439 1,773,547

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 885 11,369

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 2024
£    £   
C D Hector
Balance outstanding at start of year (312 ) (312 )
Amounts advanced 356 312
Amounts repaid (93,812 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (93,768 ) (312 )

D Norman
Balance outstanding at start of year (312 ) (312 )
Amounts advanced 356 312
Amounts repaid (93,812 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (93,768 ) (312 )

The above loans are unsecured, interest free and repayable on demand.