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Registration number: 06608438

Devonshire Place Investments Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Devonshire Place Investments Ltd

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 3

Devonshire Place Investments Ltd

(Registration number: 06608438)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 5 | 18,128,794 | 17,982,479
Cash at bank and in hand |  | 3,055,191 | 3,026,588
|  | 21,183,985 | 21,009,067
Creditors: Amounts falling due within one year | 6 | (63,674) | (72,821)
Net assets |  | 21,120,311 | 20,936,246
Capital and reserves |  |  |
Called up share capital |  | 20,000 | 20,000
Share premium reserve |  | 16,696,442 | 16,696,442
Retained earnings |  | 4,403,869 | 4,219,804
Shareholders' funds |  | 21,120,311 | 20,936,246

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 March 2026 and signed on its behalf by:

......................................... A P Bradshaw Company secretary and director

Devonshire Place Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
First Floor
23 Beaumont Mews
London
W1G 6EN
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the profit on investments in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current tax payable.

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 taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Devonshire Place Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

3 | Taxation

| 2025 |  | 2024
| £ |  | £
Corporation tax | 61,261 |  | 69,371
| 61,261 |  | 69,371

4 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

5 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 18,128,794 | 17,982,479
| 18,128,794 | 17,982,479

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 61,261 | 69,388
Other creditors | 2,413 | 3,433
| 63,674 | 72,821

7 | Related party transactions

Summary of transactions with other related parties

Included within other debtors is £18,121,211 (2024: £17,974,896) due from Mr H E Osmond, a former director.
Included within other debtors is £7,583 (2024: £7,583) due from Xercise2 Limited, a company of which A P
Bradshaw and Mr H E Osmond are company directors.