Company Registration No. 08319178 (England and Wales)
Dev Investments Limited
Unaudited accounts
for the year ended 31 March 2022
Dev Investments Limited
Unaudited accounts
Contents
Dev Investments Limited
Company Information
for the year ended 31 March 2022
Company Number
08319178 (England and Wales)
Registered Office
12 Fairlands Park
Coventry
CV4 7DS
Dev Investments Limited
Statement of financial position
as at 31 March 2022
Tangible assets
577,693
577,941
Cash at bank and in hand
26,194
11,196
Creditors: amounts falling due within one year
(426,767)
(25,307)
Net current liabilities
(400,102)
(12,778)
Total assets less current liabilities
177,591
565,163
Creditors: amounts falling due after more than one year
-
(423,041)
Net assets
177,591
142,122
Called up share capital
100
100
Profit and loss account
177,491
142,022
Shareholders' funds
177,591
142,122
For the year ending 31 March 2022 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 director acknowledges his 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 and authorised for issue on 20 December 2022 and were signed on its behalf by
Parveen Aggarwal
Director
Company Registration No. 08319178
Dev Investments Limited
Notes to the Accounts
for the year ended 31 March 2022
Dev Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 08319178. The registered office is 12 Fairlands Park, Coventry, CV4 7DS.
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 accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2021
576,701
4,396
581,097
At 31 March 2022
576,701
4,396
581,097
At 1 April 2021
-
3,156
3,156
Charge for the year
-
248
248
At 31 March 2022
-
3,404
3,404
At 31 March 2022
576,701
992
577,693
At 31 March 2021
576,701
1,240
577,941
Amounts falling due within one year
Dev Investments Limited
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
17,723
9,345
Loans from directors
408,146
-
7
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
-
423,041
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).