Devmarl Controls Limited 08414840 false 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is consultancy services Digita Accounts Production Advanced 6.30.9574.0 true 08414840 2024-03-01 2025-02-28 08414840 2025-02-28 08414840 bus:OrdinaryShareClass1 2025-02-28 08414840 core:CurrentFinancialInstruments 2025-02-28 08414840 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 08414840 core:Non-currentFinancialInstruments core:AfterOneYear 2025-02-28 08414840 core:FurnitureFittingsToolsEquipment 2025-02-28 08414840 core:MotorVehicles 2025-02-28 08414840 bus:SmallEntities 2024-03-01 2025-02-28 08414840 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 08414840 bus:FilletedAccounts 2024-03-01 2025-02-28 08414840 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 08414840 bus:RegisteredOffice 2024-03-01 2025-02-28 08414840 bus:Director2 2024-03-01 2025-02-28 08414840 bus:OrdinaryShareClass1 2024-03-01 2025-02-28 08414840 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08414840 core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 08414840 core:MotorVehicles 2024-03-01 2025-02-28 08414840 core:OfficeEquipment 2024-03-01 2025-02-28 08414840 core:PlantMachinery 2024-03-01 2025-02-28 08414840 countries:England 2024-03-01 2025-02-28 08414840 2024-02-29 08414840 core:FurnitureFittingsToolsEquipment 2024-02-29 08414840 core:MotorVehicles 2024-02-29 08414840 2023-03-01 2024-02-29 08414840 2024-02-29 08414840 bus:OrdinaryShareClass1 2024-02-29 08414840 core:CurrentFinancialInstruments 2024-02-29 08414840 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 08414840 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 08414840 core:FurnitureFittingsToolsEquipment 2024-02-29 08414840 core:MotorVehicles 2024-02-29 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08414840

Devmarl Controls Limited

Unaudited Filleted Financial Statements

for the Year Ended 28 February 2025

 

Devmarl Controls Limited

(Registration number: 08414840)
Balance Sheet as at 28 February 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

20,306

24,846

Current assets

 

Stocks

5

250

250

Debtors

6

31,183

36,439

Cash at bank and in hand

 

13,798

24,022

 

45,231

60,711

Creditors: Amounts falling due within one year

7

(14,554)

(13,443)

Net current assets

 

30,677

47,268

Total assets less current liabilities

 

50,983

72,114

Creditors: Amounts falling due after more than one year

7

(3,350)

(10,636)

Provisions for liabilities

(3,844)

(4,707)

Net assets

 

43,789

56,771

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

43,689

56,671

Shareholders' funds

 

43,789

56,771

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 August 2025
 

.........................................
Stuart Game
Director

 

Devmarl Controls Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
7 Montpelier
Quarndon
Derby
DE22 5JW

These financial statements were authorised for issue by the director on 21 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Devmarl Controls Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

Office equipment

20% reducing balance

Motor vehicles

20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

Devmarl Controls Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 March 2024

23,725

36,950

60,675

Additions

537

-

537

At 28 February 2025

24,262

36,950

61,212

Depreciation

At 1 March 2024

17,797

18,032

35,829

Charge for the year

1,293

3,784

5,077

At 28 February 2025

19,090

21,816

40,906

Carrying amount

At 28 February 2025

5,172

15,134

20,306

At 29 February 2024

5,928

18,918

24,846

5

Stocks

2025
£

2024
£

Raw materials and consumables

250

250

6

Debtors

Current

2025
£

2024
£

Trade debtors

14,456

12,090

Other debtors

16,727

24,349

 

31,183

36,439

7

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

7,286

6,973

Taxation and social security

 

6,155

5,326

Accruals and deferred income

 

344

340

Other creditors

 

769

804

 

14,554

13,443

 

Devmarl Controls Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

3,350

10,636

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary Share of £1 each

100

100

100

100