IRIS Accounts Production v25.2.0.378 12545316 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125453162024-03-31125453162025-03-31125453162024-04-012025-03-31125453162023-03-31125453162023-04-012024-03-31125453162024-03-3112545316ns15:EnglandWales2024-04-012025-03-3112545316ns14:PoundSterling2024-04-012025-03-3112545316ns10:Director12024-04-012025-03-3112545316ns10:Director22024-04-012025-03-3112545316ns10:CompanyLimitedByGuarantee2024-04-012025-03-3112545316ns10:SmallEntities2024-04-012025-03-3112545316ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3112545316ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3112545316ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3112545316ns10:FullAccounts2024-04-012025-03-3112545316ns10:Director32024-04-012025-03-3112545316ns10:Director42024-04-012025-03-3112545316ns10:Director52024-04-012025-03-3112545316ns10:Director62024-04-012025-03-3112545316ns10:Director72024-04-012025-03-3112545316ns10:Director92024-04-012025-03-3112545316ns10:Director102024-04-012025-03-3112545316ns10:RegisteredOffice2024-04-012025-03-3112545316ns5:CurrentFinancialInstruments2025-03-3112545316ns5:CurrentFinancialInstruments2024-03-3112545316ns5:RetainedEarningsAccumulatedLosses2025-03-3112545316ns5:RetainedEarningsAccumulatedLosses2024-03-3112545316ns5:ComputerEquipment2024-03-3112545316ns5:ComputerEquipment2024-04-012025-03-3112545316ns5:ComputerEquipment2025-03-3112545316ns5:ComputerEquipment2024-03-3112545316ns5:CostValuation2024-03-3112545316ns5:RevaluationsIncreaseDecreaseInInvestments2025-03-3112545316ns5:CostValuation2025-03-3112545316ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3112545316ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 12545316 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED

THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED (REGISTERED NUMBER: 12545316)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: E Brookes-Hocking
I Cowling
P Dredge
G Richards
C Trudgeon
M D Joyce
Ms R Pearson
P G Hayward
L Kennedy





REGISTERED OFFICE: Devon Rural Hub
2 Amory Building
Cheriton Bishop
Devon
EX6 6JH





REGISTERED NUMBER: 12545316 (England and Wales)





ACCOUNTANTS: Merlin Accountancy Services Ltd
2nd Floor
33 Longbrook Street
Exeter
Devon
EX4 6AW

THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED (REGISTERED NUMBER: 12545316)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,557 2,695
Investments 5 30,477 29,902
33,034 32,597

CURRENT ASSETS
Debtors 6 12,534 8,404
Cash at bank and in hand 99,429 78,470
111,963 86,874
CREDITORS
Amounts falling due within one year 7 11,596 7,963
NET CURRENT ASSETS 100,367 78,911
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,401

111,508

RESERVES
Income and expenditure account 8 133,401 111,508
10 133,401 111,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 surplus or deficit 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.

THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED (REGISTERED NUMBER: 12545316)

BALANCE SHEET - continued
31 MARCH 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 20 May 2025 and were signed on its behalf by:




E Brookes-Hocking - Director



I Cowling - Director


THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED (REGISTERED NUMBER: 12545316)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

The Devon Association of Local Councils Limited is a private company, limited by guarantee , 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED (REGISTERED NUMBER: 12545316)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

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

Investments
Investments comprise investments of quoted equity instruments which are measured at fair value. Changes in fair value are recognised in the income statement. Fair value is measured at the bid market value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2024 6,859
Additions 502
At 31 March 2025 7,361
DEPRECIATION
At 1 April 2024 4,164
Charge for year 640
At 31 March 2025 4,804
NET BOOK VALUE
At 31 March 2025 2,557
At 31 March 2024 2,695

THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED (REGISTERED NUMBER: 12545316)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2024 29,902
Revaluations 575
At 31 March 2025 30,477
NET BOOK VALUE
At 31 March 2025 30,477
At 31 March 2024 29,902

Cost or valuation at 31 March 2025 is represented by:

Other
investments
£   
Valuation in 2022 37,258
Valuation in 2023 (6,142 )
Valuation in 2024 (1,214 )
Valuation in 2025 575
30,477

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2025 2024
£    £   
Trade debtors 7,170 4,880
Other debtors 5,364 3,524
12,534 8,404

THE DEVON ASSOCIATION OF LOCAL COUNCILS
LIMITED (REGISTERED NUMBER: 12545316)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 2,409 316
Taxation and social security 7,608 6,496
Other creditors 1,579 1,151
11,596 7,963

8. RESERVES

Included in the reserves is £1,516 (2003: £1,516) relating to the County Training Partnership.

9. ULTIMATE CONTROLLING PARTY

The controlling party is not known.

10. RECONCILIATION OF MOVEMENTS IN RESERVES
2025 2024
£    £   
Surplus for the financial year 21,893 5,302
Net addition to reserves 21,893 5,302
Opening reserves 111,508 106,206
Closing reserves 133,401 111,508