REGISTERED NUMBER: 02728257 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Deva Designs Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

A P Maddock

J Williams

Registered office:

6 Chelford Close

Sealand Industrial Estate

Chester

CH1 4NE

Registered number:

02728257 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

3,238

5,835

3,238

5,835

Current assets

Stocks

380,224

389,075

Debtors

6

300,336

401,651

Cash at bank and in hand

100,732

79,687

781,292

870,413

Creditors

Amounts falling due within one year

7

424,303

446,156

Net current assets

356,989

424,257

Total assets less current liabilities

360,227

430,092

Creditors

Amounts falling due after more than one year

8

(192,911

)

(240,295

)

Provisions for liabilities

(585

)

(1,184

)

Net assets

166,731

188,613

Capital and reserves

Called up share capital

50,000

50,000

Retained earnings

116,731

138,613

166,731

188,613

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

J Williams - Director

1.	Statutory information

Deva Designs 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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

20% on cost

Website

-

15% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Operating leases

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.

Government grants

Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

Factoring

The company has an agreement whereby trade debts have been legally transferred to the factor but the main benefits and risks are retained by the company. Separate presentation has been adopted to show the gross amount of the debts under debtors and a corresponding liability in respect of the proceeds received from the factor under creditors. The interest and other charges of the factor are charged to the profit and loss account in the period in which incurred.

3.	Employees and directors

The average number of employees during the year was 10 (2024 - 10 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2025

and 31 December 2025

40,000

Amortisation

At 1 January 2025

and 31 December 2025

40,000

Net book value

At 31 December 2025

-

At 31 December 2024

-

5.	Tangible fixed assets

Fixtures

Plant and

and

Computer

machinery

fittings

Website

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2025

5,878

95,088

20,393

85,163

206,522

Additions

-

-

-

1,294

1,294

At 31 December 2025

5,878

95,088

20,393

86,457

207,816

Depreciation

At 1 January 2025

4,408

94,767

18,615

82,897

200,687

Charge for year

1,470

79

779

1,563

3,891

At 31 December 2025

5,878

94,846

19,394

84,460

204,578

Net book value

At 31 December 2025

-

242

999

1,997

3,238

At 31 December 2024

1,470

321

1,778

2,266

5,835

6.

Debtors: amounts falling due within one year

31/12/25

31/12/24

£

£

Trade debtors

150,952

184,575

Amounts owed by group undertakings

4,979

-

Other debtors

144,405

217,076

300,336

401,651

7.

Creditors: amounts falling due within one year

31/12/25

31/12/24

£

£

Bank loans and overdrafts

76,070

84,830

Trade creditors

50,405

99,075

Taxation and social security

62,522

44,343

Other creditors

235,306

217,908

424,303

446,156

8.

Creditors: amounts falling due after more than one year

31/12/25

31/12/24

£

£

Bank loans

192,911

240,295

9.	Leasing agreements

At 31 December 2025 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £32,083 (2024 - £87,083) of which £32,083 is due within one year.

10.	Secured debts

The following secured debts are included within creditors:

31/12/25

31/12/24

£

£

Factoring advances

103,151

160,954

Factoring advances are secured on trade debtors.

11.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31/12/25

31/12/24

£

£

A P Maddock

Balance outstanding at start of year

55,995

55,878

Amounts advanced

65,842

56,117

Amounts repaid

(86,000

)

(56,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

35,837

55,995

J Williams

Balance outstanding at start of year

56,089

-

Amounts advanced

85,842

56,089

Amounts repaid

(86,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

55,931

56,089

The maximum balances outstanding during the year were A P Maddock £69,995 and J Williams £89,703. Advances to A P Maddock included £10,000 on 2 December 2025. Repayments from A P Maddock included £10,000 on 16 April 2025, £10,000 on 17 April 2025, £10,000 on 22 April 2025 and £56,000 on 15 August 2025. Advances to J Williams included £15,000 on 9 September 2025 and £15,000 on 13 October 2025. Repayments from J Williams included £30,000 on 23 May 2025 and £56,000 on 15 August 2025. Loans to directors are interest free, unsecured and repayable in demand.