Company Registration No. 06593142 (England and Wales)
Devantier Group Limited
Unaudited accounts
for the year ended 31 May 2025
Devantier Group Limited
Statement of financial position
as at 31 May 2025
Investments
5,437,790
5,246,789
Debtors
7,854,697
7,448,548
Cash at bank and in hand
8,971
-
Creditors: amounts falling due within one year
(1,760,481)
(1,538,946)
Net current assets
6,103,187
5,909,602
Total assets less current liabilities
11,540,977
11,156,391
Creditors: amounts falling due after more than one year
(459,791)
(400,984)
Net assets
11,081,186
10,755,407
Called up share capital
1,650,000
1,650,000
Revaluation reserve
4,144,922
3,953,921
Profit and loss account
5,286,264
5,151,486
Shareholders' funds
11,081,186
10,755,407
For the year ending 31 May 2025 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 22 May 2026 and were signed on its behalf by
Mr C Dyason
Director
Company Registration No. 06593142
Devantier Group Limited
Notes to the Accounts
for the year ended 31 May 2025
Devantier Group Limited is a private company, limited by shares, registered in England and Wales, registration number 06593142. The registered office is 2 Primes Corner, Histon, Cambridge, Cambridgeshire, CB24 9AG, England.
2
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 company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
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.
The accounts are presented in £ sterling.
Fixed asset investments are initially recorded at cost and subsequently revalued to reflect the underlying net asset position.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Devantier Group Limited
Notes to the Accounts
for the year ended 31 May 2025
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Investments
Subsidiary undertakings
Valuation at 1 June 2024
5,246,789
Fair value adjustments
191,001
Valuation at 31 May 2025
5,437,790
Investments in subsidiaries are revalued annually to reflect the underlying nets assets in the subsidiary accounts.
In the year to 31st May 2025 Devantier Properties Limited had income of £407,061 and shareholders funds as at 31st May 2025 of £5,022,345.
In the year to 31st May 2025 Sustainable Solar Limited had income of £59,629 and shareholders funds as at 31st May 2025 of £189,367.
In the year to 31st May 2025 Axis Estates Limited had income of £16,949 and shareholders deficit as at 31st May 2025 of £1,239,471. There is a provision of £1,284,415 in the Group accounts for this company.
In the year to 31st May 2025 Camflats Limited had income of £nil and shareholders funds as at 31st May 2025 of £269,584.
In the year to 31st May 2025 Strictly Daylillies Ltd had income of £21,383 and shareholders deficit as at 31st May 2025 of £88,450.
Amounts falling due within one year
Amounts due from group undertakings etc.
472,417
432,298
Other debtors
7,374,280
7,016,250
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
9,475
Amounts owed to group undertakings and other participating interests
1,117,938
1,047,716
Taxes and social security
105,170
66,002
Other creditors
532,687
415,753
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Creditors: amounts falling due after more than one year
2025
2024
Other creditors
459,791
400,984
8
Transactions with related parties
The company was under the control of Mr C Dyason during the year, shareholder and director.
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Average number of employees
During the year the average number of employees was 2 (2024: 2).