Company Registration No. 14298552 (England and Wales)
Devenports Lettings Limited
Unaudited accounts
for the year ended 31 December 2024
Devenports Lettings Limited
Unaudited accounts
Contents
Devenports Lettings Limited
Company Information
for the year ended 31 December 2024
Directors
Aaron Baxter
James Cottee
Company Number
14298552 (England and Wales)
Registered Office
77a Richmond Road
Twickenham
Middlesex
TW1 3AW
England
Accountants
P10 Accountancy Ltd
Egerton House
68 Baker Street
Weybridge
KT13 8AL
Devenports Lettings Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
250,522
7,798
Creditors: amounts falling due within one year
(68,940)
(27,036)
Net current assets
291,515
48,162
Called up share capital
125
100
Profit and loss account
50,205
48,062
Shareholders' funds
294,305
48,162
For the year ending 31 December 2024 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 16 September 2025 and were signed on its behalf by
James Cottee
Director
Company Registration No. 14298552
Devenports Lettings Limited
Notes to the Accounts
for the year ended 31 December 2024
Devenports Lettings Limited is a private company, limited by shares, registered in England and Wales, registration number 14298552. The registered office is 77a Richmond Road, Twickenham, Middlesex, TW1 3AW, England.
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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, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% Straight Line
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Devenports Lettings Limited
Notes to the Accounts
for the year ended 31 December 2024
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
Amounts due from group undertakings etc.
94,082
67,400
Accrued income and prepayments
15,000
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
721
13,485
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Average number of employees
During the year the average number of employees was 2 (2023: 2).