Dev Retail Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: NI059425 (Northern Ireland)

DEV RETAIL LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

M Devlin

REGISTERED OFFICE:

53 Main Street

Coalisland

Dungannon

Tyrone

BT71 4NB

REGISTERED NUMBER:

NI059425 (Northern Ireland)

INDEPENDENT AUDITORS:

CavanaghKelly

Chartered Accountants and Statutory Auditors

36-38 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

CURRENT ASSETS

Cash at bank

-

2,135

PAYABLES

Amounts falling due within one year

4

-

(3,963

)

NET CURRENT LIABILITIES

-

(1,828

)

TOTAL ASSETS LESS CURRENT LIABILITIES

-

(1,828

)

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

(100

)

(1,928

)

SHAREHOLDERS' FUNDS

-

(1,828

)

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 24 October 2019 and were signed by:

M Devlin - Director

1.	STATUTORY INFORMATION

Dev Retail Ltd is a private company, limited by shares , registered in Northern Ireland.

The company's registered number and registered office address can be found on the

Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable

profits for the year and is calculated using the tax rates and laws that have been enacted

or substantially enacted at the Statement of Financial Position date.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement

to prepare a Statement of Cash Flows because it is classified as a small company.

4.

PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed to group undertakings

-

3,213

Other payables

-

750

-

3,963

Amounts owed to group undertakings are unsecured, interest free and payable on

demand.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

100

100

100

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Desmond Kelly FCA (Senior Statutory Auditor)

for and on behalf of CavanaghKelly

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting

Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of

Ireland', not to disclose related party transactions with wholly owned subsidiaries within

the group.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is MMD Communications (Holdings)Limited.

The address of MMD Communications (Holdings) Limited is 53 Main Street, Coalisland,

BT71 4NB.

The parent of the largest group in which the results are consolidated is MMD

Communications (Holdings) Limited.