Company registration number 11274042 (England and Wales)
DEVONIAN PROPERTIES AND MANAGEMENT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
DEVONIAN PROPERTIES AND MANAGEMENT LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
DEVONIAN PROPERTIES AND MANAGEMENT LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
4,575,000
4,575,000
Current assets
Debtors
4
171,549
-
0
Cash at bank and in hand
104,515
55,023
276,064
55,023
Creditors: amounts falling due within one year
5
(137,262)
(389,590)
Net current assets/(liabilities)
138,802
(334,567)
Total assets less current liabilities
4,713,802
4,240,433
Creditors: amounts falling due after more than one year
6
(1,435,263)
(1,173,382)
Net assets
3,278,539
3,067,051
Capital and reserves
Called up share capital
150
150
Share premium account
2,386,975
2,386,975
Profit and loss reserves
891,414
679,926
Total equity
3,278,539
3,067,051
DEVONIAN PROPERTIES AND MANAGEMENT LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 November 2025 and are signed on its behalf by:
Mr B Bahra
Director
Company registration number 11274042 (England and Wales)
DEVONIAN PROPERTIES AND MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Devonian Properties and Management Ltd is a private company limited by shares incorporated in England and Wales. The registered office and place of business is Unit 9-13 Crystal Drive, Smethwick, Birmingham, West Midlands, England, B66 1QG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain financial assets to include investment properties at fair value through profit or loss. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rental income provided in the normal course of business, and is shown net of VA T.

1.3
Tangible fixed assets

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Financial instruments

Debtors and creditors with no statement interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current 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.

DEVONIAN PROPERTIES AND MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Investment property
2025
£
Fair value
At 1 April 2024 and 31 March 2025
4,575,000
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
600
-
0
Corporation tax recoverable
36,364
-
0
36,964
-
Deferred tax asset
134,585
-
0
171,549
-
0
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loan
14,340
60,000
Trade creditors
3,442
-
0
Corporation tax
-
0
41,240
Other taxation and social security
6,300
7,200
Other creditors
113,180
281,150
137,262
389,590
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loan
268,894
237,129
Other creditors
1,166,369
936,253
1,435,263
1,173,382
2025-03-31 2024-04-01 false false false 13 November 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr Balvinder Bahra Mrs Surinder Bahra 11274042 2024-04-01 2025-03-31 11274042 2025-03-31 11274042 2024-03-31 11274042 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11274042 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 11274042 core:ShareCapital 2025-03-31 11274042 core:ShareCapital 2024-03-31 11274042 core:SharePremium 2025-03-31 11274042 core:SharePremium 2024-03-31 11274042 core:RetainedEarningsAccumulatedLosses 2025-03-31 11274042 core:RetainedEarningsAccumulatedLosses 2024-03-31 11274042 bus:Director1 2024-04-01 2025-03-31 11274042 2023-04-01 2024-03-31 11274042 2024-03-31 11274042 core:CurrentFinancialInstruments 2025-03-31 11274042 core:CurrentFinancialInstruments 2024-03-31 11274042 core:WithinOneYear 2025-03-31 11274042 core:WithinOneYear 2024-03-31 11274042 core:Non-currentFinancialInstruments 2025-03-31 11274042 core:Non-currentFinancialInstruments 2024-03-31 11274042 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11274042 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11274042 bus:FRS102 2024-04-01 2025-03-31 11274042 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11274042 bus:Director2 2024-04-01 2025-03-31 11274042 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP