ACCOUNTS - Final Accounts preparation

Registered number: SC666314

DEV/NULL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

DEV/NULL LIMITED

COMPANY INFORMATION

DIRECTORS	Mr M Dornbrook
	Ms W Wilson


REGISTERED NUMBER	SC666314


REGISTERED OFFICE	Westby
	64 West High Street
	Forfar
	Angus
	DD8 1BJ


ACCOUNTANTS	EQ Accountants Limited
	Chartered Accountants
	Westby
	64 West High Street
	Forfar
	Angus
	DD8 1BJ

DEV/NULL LIMITED

REGISTERED NUMBER: SC666314

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025		2024
		£		£

FIXED ASSETS
Tangible assets			8,269		-
			8,269		-
CURRENT ASSETS
Debtors: amounts falling due within one year	5	122,877		-
Bank and cash balances		946,126		40,154
		1,069,003		40,154
Creditors: amounts falling due within one year		(689,517)		(86,751)
NET CURRENT ASSETS/(LIABILITIES)			379,486		(46,597)
TOTAL ASSETS LESS CURRENT LIABILITIES			387,755		(46,597)

NET ASSETS/(LIABILITIES)			387,755		(46,597)

CAPITAL AND RESERVES
Called up share capital	6	100	100
Profit and loss account		387,655	(46,697)
		387,755	(46,597)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 November 2025.

Mr M Dornbrook

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

DEV/NULL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	GENERAL INFORMATION

Dev/Null Limited is a private company limited by shares incorporated in Scotland with registration number SC666314. The registered office is situated at Westby, 64 West High Street, Forfar, Angus, DD8 1BJ.
The financial statements are presented in Sterling which is the functional currency of the Company rounded to the nearest £.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 2

DEV/NULL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.3

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.4

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

2.5

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

25.0%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 9 (2024 - 2).

Page 3

DEV/NULL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

4.	TANGIBLE FIXED ASSETS

		Office equipment
		£
	COST OR VALUATION
	Additions	10,826
	At 31 July 2025	10,826
	DEPRECIATION
	Charge for the year on owned assets	2,557
	At 31 July 2025	2,557
	NET BOOK VALUE
	At 31 July 2025	8,269
	At 31 July 2024	-

DEBTORS

					2025	2024
					£	£


Other debtors	1,000	-
Prepayments and accrued income	121,877	-
	122,877	-

Page 4

DEV/NULL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

6.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

Page 5