1 April 2025 false No description of principal activity Taxfiler 2024.6 14683752 business:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 14683752 2025-03-31 14683752 2025-04-01 2026-03-31 14683752 business:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 14683752 business:FilletedAccounts 2025-04-01 2026-03-31 14683752 2026-03-31 14683752 business:Director1 2025-04-01 2026-03-31 14683752 business:Director2 2025-04-01 2026-03-31 14683752 business:RegisteredOffice 2025-04-01 2026-03-31 14683752 2025-03-31 14683752 core:WithinOneYear 2026-03-31 14683752 core:WithinOneYear 2025-03-31 14683752 core:AfterOneYear 2026-03-31 14683752 core:AfterOneYear 2025-03-31 14683752 core:ShareCapital core:PreviouslyStatedAmount 2026-03-31 14683752 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 14683752 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 14683752 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 14683752 core:PreviouslyStatedAmount 2026-03-31 14683752 core:PreviouslyStatedAmount 2025-03-31 14683752 business:SmallEntities 2025-04-01 2026-03-31 14683752 countries:EnglandWales 2025-04-01 2026-03-31 14683752 core:LandBuildings 2025-04-01 2026-03-31 14683752 core:PlantMachinery 2025-04-01 2026-03-31 14683752 core:MotorVehicles 2025-04-01 2026-03-31 14683752 core:FurnitureFittings 2025-04-01 2026-03-31 14683752 core:ComputerEquipment 2025-04-01 2026-03-31 14683752 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 14683752 core:LandBuildings 2025-03-31 14683752 core:PlantMachinery 2025-03-31 14683752 core:MotorVehicles 2025-03-31 14683752 core:FurnitureFittings 2025-03-31 14683752 core:ComputerEquipment 2025-03-31 14683752 core:LandBuildings 2026-03-31 14683752 core:PlantMachinery 2026-03-31 14683752 core:MotorVehicles 2026-03-31 14683752 core:FurnitureFittings 2026-03-31 14683752 core:ComputerEquipment 2026-03-31 14683752 core:AfterOneYear 2025-04-01 2026-03-31 14683752 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14683752 (England and Wales)
Dmg Devon Limited Unaudited accounts for the year ended 31 March 2026
Dmg Devon Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Dmg Devon Limited Company Information for the year ended 31 March 2026
Directors
Philip Robert Sweetland Ruth Suzanne Sweetland
Company Number
14683752 (England and Wales)
Registered Office
Adjavin Farm Clovelly Road Bideford Devon EX39 3QU England
Accountants
CMJ Accounting Ltd 40 Sampsons Plantation Fremington Barnstaple England EX31 3FF
- 3 -
Dmg Devon Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
2,626,002
2,625,349
Current assets
Debtors
5
3,792
3,426
Cash at bank and in hand
31,600
15,978
35,392
19,404
Creditors: amounts falling due within one year
6
(20,492)
(17,801)
Net current assets
14,900
1,603
Total assets less current liabilities
2,640,902
2,626,952
Creditors: amounts falling due after more than one year
7
(2,611,226)
(2,611,226)
Net assets
29,676
15,726
Capital and reserves
Called up share capital
200
200
Profit and loss account
29,476
15,526
Shareholders' funds
29,676
15,726
For the year ending 31 March 2026 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 14 July 2026 and were signed on its behalf by
Ruth Suzanne Sweetland Director Company Registration No. 14683752
- 4 -
Dmg Devon Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Dmg Devon Limited is a private company, limited by shares, registered in England and Wales, registration number 14683752. The registered office is Adjavin Farm, Clovelly Road, Bideford, Devon, EX39 3QU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Depreciation Policy
Depreciation is calculated to write down the cost, less estimated residual value, of all tangible fixed assets over their expected useful lives. Only items costing £100 or more will be considered material and treated as capital expenditure for fixed asset purposes. Items costing less than £100 will be treated as revenue expenditure. DMG Devon Limited will use the following rates:
Land & buildings
no depreciation
Plant & machinery
20% on a straight line basis
Motor vehicles
25% on a reducing balance basis
Fixtures & fittings
20% on a straight line basis
Computer equipment
33.3% on a straight line basis
Other tangible fixed assets
no depreciation
- 5 -
Dmg Devon Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At valuation
At cost
At 1 April 2025
2,613,027
8,962
5,000
-
1,731
2,628,720
Additions
-
2,839
-
1,399
499
4,737
Revaluations
(970)
-
-
970
-
-
At 31 March 2026
2,612,057
11,801
5,000
2,369
2,230
2,633,457
Depreciation
At 1 April 2025
-
2,291
726
-
354
3,371
Charge for the year
-
2,181
1,069
243
591
4,084
At 31 March 2026
-
4,472
1,795
243
945
7,455
Net book value
At 31 March 2026
2,612,057
7,329
3,205
2,126
1,285
2,626,002
At 31 March 2025
2,613,027
6,671
4,274
-
1,377
2,625,349
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
3,326
2,976
Other debtors
466
450
3,792
3,426
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
11,397
12,044
Taxes and social security
3,332
2,039
Other creditors
905
-
Accruals
1,200
700
Deferred income
3,658
3,018
20,492
17,801
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Loans from directors
2,611,226
2,611,226
The Directors have provided a loan to the Company of £2,611,226. For £280,995 of the loan, interest is charged at the rate equal to that paid by National Savings and Investments on the Director's Direct Savers Account and it is payable on a monthly basis. For all other loans, interest is payable at 2%. This is payable monthly on £292,013 of the total loan and quarterly on the remaining balance of £2,038,218.
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
- 6 -