Abbreviated Company Accounts - DEVASEY LTD

07540728 DEVASEY LTD 2014-02-28 false 2013-03-01 2014-02-28 true 07540728 2013-03-01 2014-02-28 07540728 2014-02-28 07540728 2013-02-28 07540728 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 07540728 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number 07540728

DEVASEY LTD

Abbreviated Accounts

28 February 2014

DEVASEY LTD Registered Number 07540728

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	6,930	5,416
		6,930	5,416
Current assets
Debtors		9,690	10,800
Cash at bank and in hand		2,860	24,143
		12,550	34,943
Creditors: amounts falling due within one year		(9,729)	(37,557)
Net current assets (liabilities)		2,821	(2,614)
Total assets less current liabilities		9,751	2,802
Accruals and deferred income		(500)	(485)
Total net assets (liabilities)		9,251	2,317
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		9,249	2,315
Shareholders' funds		9,251	2,317

For the year ending 28 February 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 November 2014

And signed on their behalf by:
A Vasey, Director

DEVASEY LTD Registered Number 07540728

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales, excluding value added taxation.

Tangible assets depreciation policy
Depreciation is provided at 25% on a reducing balance basis in order to write off each asset over its estimated useful life.

2Tangible fixed assets

	£
Cost
At 1 March 2013	7,861
Additions	3,823
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	11,684
Depreciation
At 1 March 2013	2,445
Charge for the year	2,309
On disposals	-
At 28 February 2014	4,754
Net book values
At 28 February 2014	6,930
At 28 February 2013	5,416

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2