REGISTERED NUMBER: 07795382 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2023 to 31 March 2025

for

Devonshire Avenue Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S V M Navarro

Mr C J Navarro

Mr J E Taylor

Mrs M L M Taylor

SECRETARY:

Mrs S V M Navarro

REGISTERED OFFICE:

Hine House

25 Regent Street

Nottingham

NG1 5BS

REGISTERED NUMBER:

07795382 (England and Wales)

ACCOUNTANTS:

Mellor Oxland LLP

Hine House

25 Regent Street

Nottingham

Nottinghamshire

NG1 5BS

FIXED ASSETS

Tangible assets

4

41,316

-

Investments

5

500

500

41,816

500

CURRENT ASSETS

Stocks

6

3,942,629

4,114,891

Debtors

7

5,207,122

3,727,206

Cash at bank

15,026

53,666

9,164,777

7,895,763

CREDITORS

Amounts falling due within one year

8

93,666

3,539,491

NET CURRENT ASSETS

9,071,111

4,356,272

TOTAL ASSETS LESS CURRENT LIABILITIES

9,112,927

4,356,772

CREDITORS

Amounts falling due after more than one year

9

(4,547,052

)

-

PROVISIONS FOR LIABILITIES

(10,329

)

-

NET ASSETS

4,555,546

4,356,772

CAPITAL AND RESERVES

Called up share capital

2,000,004

2,000,004

Retained earnings

2,555,542

2,356,768

4,555,546

4,356,772

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

The members have not required the company to obtain an audit of its financial statements for the period 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 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.

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 23 September 2025 and were signed on its behalf by:

Mrs S V M Navarro - Director

1.	STATUTORY INFORMATION

Devonshire Avenue Developments Limited 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 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.

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Work in progress

The stock figure shown in the Balance Sheet represents work in progress, valued at the lower of cost and net realisable value. Cost includes all direct costs.

Taxation

Taxation for the period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2023

-

2,476

2,476

Additions

50,461

4,337

54,798

At 31 March 2025

50,461

6,813

57,274

DEPRECIATION

At 1 November 2023

-

2,476

2,476

Charge for period

12,615

867

13,482

At 31 March 2025

12,615

3,343

15,958

NET BOOK VALUE

At 31 March 2025

37,846

3,470

41,316

At 31 October 2023

-

-

-

5.	FIXED ASSET INVESTMENTS

Interest

in joint

venture

£

COST

At 1 November 2023

and 31 March 2025

500

NET BOOK VALUE

At 31 March 2025

500

At 31 October 2023

500

6.

STOCKS

2025

2023

£

£

Work-in-progress

3,942,629

4,114,891

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Trade debtors

99,836

-

Amounts owed by associates

4,499,500

3,299,500

Other debtors

607,786

427,706

5,207,122

3,727,206

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Taxation and social security

68,498

1,005

Other creditors

25,168

3,538,486

93,666

3,539,491

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

£

Other creditors

4,547,052

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2023

£

£

Hire purchase

31,914

-

Amounts due under finance leases and hire purchase contracts are secured against the assets which they relate to.