DEVA_VENTURES_LIMITED - Accounts

DEVA VENTURES LIMITED - Company Information

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Company Registration No. 07904314 (England and Wales)

DEVA VENTURES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

DEVA VENTURES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

DEVA VENTURES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

Investments

41,250

41,306

41,316

Current assets

Cash at bank and in hand

1,081

1,938

Creditors: amounts falling due within one year

(35,420)

(41,406)

Net current liabilities

(34,339)

(39,468)

Total assets less current liabilities

6,967

1,848

Capital and reserves

Called up share capital

100

Profit and loss account

6,867

1,748

Shareholders' funds

6,967

1,848

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 22 December 2016

Mr Sanjeev Sachdeva

Director

Company Registration No. 07904314

DEVA VENTURES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% reducing balance

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 April 2015 & at 31 March 2016

108

41,250

41,358

Depreciation

At 1 April 2015

Charge for the year

At 31 March 2016

Net book value

At 31 March 2016

41,250

41,306

At 31 March 2015

41,250

41,316

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100