Registration number: SC149377

Devaney Control Systems Ltd

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 5

Devaney Control Systems Ltd

(Registration number: SC149377)
Statement of Financial Position as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,794	2,020
Current assets
Debtors	5	835	19,200
Cash at bank and in hand		44,825	27,799
		45,660	46,999
Creditors: Amounts falling due within one year	6	(41,452)	(48,977)
Net current assets/(liabilities)		4,208	(1,978)
Net assets		6,002	42
Capital and reserves
Called up share capital		2	2
Retained earnings		6,000	40
Shareholders' funds		6,002	42

For the financial period ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The Directors acknowledge their 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 Directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 4 September 2025 and signed on its behalf by:
 

......................................... Mr Michael Devaney Director

Devaney Control Systems Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 30 June 2025

1	General information

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

The address of its registered office is:
Cashel
Easthills Road
Slade
Carmyllie
DD11 2RE

2	Accounting policies

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

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 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.

Devaney Control Systems Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 30 June 2025

Tangible assets

Tangible assets are stated in the statement of financial position 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
Equipment	20% reducing balance

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the period, was 1 (2024 - 1).

Devaney Control Systems Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 30 June 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 March 2024	1,701	5,469	7,170
At 30 June 2025	1,701	5,469	7,170
Depreciation
At 1 March 2024	-	5,150	5,150
Charge for the period	-	226	226
At 30 June 2025	-	5,376	5,376
Carrying amount
At 30 June 2025	1,701	93	1,794
At 29 February 2024	1,701	319	2,020

5

Debtors

Current	2025 £	2024 £
Trade debtors	-	19,200
Other debtors	835	-
	835	19,200

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	17,024	14,033
Accruals and deferred income	3,039	2,058
Other creditors	21,389	32,886
	41,452	48,977

7

Dividends

Final dividends paid

Devaney Control Systems Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 30 June 2025

		2025 £		2024 £
Final dividend of £25,502.30 (2024 - £21,198.92) per each Ordinary A		25,502		21,199
Final dividend of £24,794.92 (2024 - £34,648.92) per each Ordinary B		24,795		34,649
Final dividend of £Nil per each Ordinary		-		-
		50,297		55,848