Company Registration No. SC353656 (Scotland)
Deval Bathrooms Ltd
Unaudited accounts
for the year ended 31 January 2025
Deval Bathrooms Ltd
Unaudited accounts
Contents
Deval Bathrooms Ltd
Company Information
for the year ended 31 January 2025
Directors
James De Val
Cheryl De Val
Company Number
SC353656 (Scotland)
Registered Office
52 Sutherland Crecent
Albernethy
Perth
PH2 9GA
Scotland
Accountants
JSVM Limited
Certified Public Accountants
23a Dawkins Road
Poole
Dorset
BH15 4JY
Deval Bathrooms Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
86,356
98,875
Cash at bank and in hand
16,888
73
Creditors: amounts falling due within one year
(118,464)
(90,213)
Net current liabilities
(41,579)
(30,701)
Total assets less current liabilities
44,777
68,174
Creditors: amounts falling due after more than one year
(40,251)
(43,918)
Provisions for liabilities
Deferred tax
(2,667)
(8,029)
Called up share capital
1,000
1,000
Profit and loss account
859
15,227
Shareholders' funds
1,859
16,227
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by
James De Val
Director
Company Registration No. SC353656
Deval Bathrooms Ltd
Notes to the Accounts
for the year ended 31 January 2025
Deval Bathrooms Ltd is a private company, limited by shares, registered in Scotland, registration number SC353656. The registered office is 52 Sutherland Crecent, Albernethy, Perth, PH2 9GA, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Plant & machinery
25% Straight Line to Residual Value
Motor vehicles
25% Annual Reducing Balance
Fixtures & fittings
25% Straight Line to Residual Value
Computer equipment
33% Straight Line to residual Value
Stock has been valued at the lower of cost and net realisable value.
Works in progress includes a relevant proportion of overheads calculated in accordance with the stage of completion of the project.
Deferred taxation is provided under the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes to the extent and at the tax rates expected to apply at the point the timing difference reverses.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Deval Bathrooms Ltd
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 February 2024
29,736
21,570
71,610
6,445
23,604
152,965
Additions
208
2,201
-
-
544
2,953
At 31 January 2025
29,944
23,771
71,610
6,445
24,148
155,918
At 1 February 2024
15,287
11,506
11,915
5,454
9,928
54,090
Charge for the year
2,975
2,831
6,667
541
2,458
15,472
At 31 January 2025
18,262
14,337
18,582
5,995
12,386
69,562
At 31 January 2025
11,682
9,434
53,028
450
11,762
86,356
At 31 January 2024
14,449
10,064
59,695
991
13,676
98,875
Amounts falling due within one year
Trade debtors
3,156
19,176
Accrued income and prepayments
7,852
7,579
Other debtors
30,174
12,500
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
4,769
4,769
Trade creditors
49,805
28,291
Taxes and social security
3,479
4,148
Other creditors
1,500
1,500
Loans from directors
-
1,413
Deferred income
37,403
24,758
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
25,881
30,650
Deval Bathrooms Ltd
Notes to the Accounts
for the year ended 31 January 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
-
3,588
-
3,588
Director's Loan Account
-
3,587
-
3,587
Loans to Directors are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 7 (2024: 7).