REGISTERED NUMBER: 11108654 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Devgroop Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R S Emrich

REGISTERED OFFICE:

Central Chambers

227 London Road

Hadleigh

Essex

SS7 2RF

REGISTERED NUMBER:

11108654 (England and Wales)

ACCOUNTANTS:

Field & Co LLP

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

FIXED ASSETS

Tangible assets

4

3,123

3,982

CURRENT ASSETS

Debtors

5

109,152

64,611

Cash at bank and in hand

88,502

83,741

197,654

148,352

CREDITORS

Amounts falling due within one year

6

43,479

27,664

NET CURRENT ASSETS

154,175

120,688

TOTAL ASSETS LESS CURRENT LIABILITIES

157,298

124,670

PROVISIONS FOR LIABILITIES

7

635

773

NET ASSETS

156,663

123,897

CAPITAL AND RESERVES

Called up share capital

8

5

5

Retained earnings

9

156,658

123,892

SHAREHOLDERS' FUNDS

156,663

123,897

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th December 2025 and were signed by:

Mr R S Emrich - Director

1.	STATUTORY INFORMATION

Devgroop 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

straight line over 3 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st April 2024

744

7,412

8,156

Additions

136

913

1,049

At 31st March 2025

880

8,325

9,205

DEPRECIATION

At 1st April 2024

561

3,613

4,174

Charge for year

45

1,863

1,908

At 31st March 2025

606

5,476

6,082

NET BOOK VALUE

At 31st March 2025

274

2,849

3,123

At 31st March 2024

183

3,799

3,982

No fixed assets are subject to finance leases or hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

80,656

51,251

Amounts owed by group undertakings

24,694

11,694

Other debtors

3,802

1,666

109,152

64,611

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

16,281

3,020

Taxation and social security

27,198

24,644

43,479

27,664

7.	PROVISIONS FOR LIABILITIES

31/3/25

31/3/24

£

£

Deferred tax

635

773

Deferred

tax

£

Balance at 1st April 2024

773

Provided during year

(138

)

Balance at 31st March 2025

635

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

1

Ordinary

£1

1

1

1

A

£1

1

1

1

B

£1

1

1

1

C

£1

1

1

1

D

£1

1

1

5

5

9.

RESERVES

Retained

earnings

£

At 1st April 2024

123,892

Profit for the year

47,616

Dividends

(14,850

)

At 31st March 2025

156,658

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R S Emrich.