Company Registration No. 09952196 (England and Wales)
Devon Stainless Limited
Unaudited accounts
for the year ended 31 January 2024
Devon Stainless Limited
Unaudited accounts
Contents
Devon Stainless Limited
Company Information
for the year ended 31 January 2024
Directors
MICKLEWRIGHT, Paul
MICKLEWRIGHT, Shelley
Company Number
09952196 (England and Wales)
Registered Office
Unit 8
New Mills Industrial Estate
Modbury
Devon
PL21 0TP
UK
Accountants
Vanguard Business Solutions Limited
Acorns,
5, Lower Port View
Saltash
Cornwall
PL12 4BY
Devon Stainless Limited
Statement of financial position
as at 31 January 2024
Tangible assets
9,630
11,426
Cash at bank and in hand
67,642
77,774
Creditors: amounts falling due within one year
(112,432)
(122,903)
Net current assets
69,602
26,417
Total assets less current liabilities
79,232
37,843
Creditors: amounts falling due after more than one year
(8,430)
-
Called up share capital
2
-
Profit and loss account
70,800
37,843
Shareholders' funds
70,802
37,843
For the year ending 31 January 2024 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 20 March 2024 and were signed on its behalf by
MICKLEWRIGHT, Shelley
Director
Company Registration No. 09952196
Devon Stainless Limited
Notes to the Accounts
for the year ended 31 January 2024
Devon Stainless Limited is a private company, limited by shares, registered in England and Wales, registration number 09952196. The registered office is Unit 8, New Mills Industrial Estate, Modbury, Devon, PL21 0TP, UK.
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:
Land & buildings
Building Improvements 20%
Plant & machinery
Straight Line 20%
Motor vehicles
Straight Line 20%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
3,571
17,149
12,395
33,115
At 31 January 2024
3,571
20,899
12,395
36,865
At 1 February 2023
-
14,514
7,175
21,689
Charge for the year
1,428
1,639
2,479
5,546
At 31 January 2024
1,428
16,153
9,654
27,235
At 31 January 2024
2,143
4,746
2,741
9,630
At 31 January 2023
3,571
2,635
5,220
11,426
Amounts falling due within one year
Trade debtors
99,392
71,546
Devon Stainless Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
29,651
28,840
Loans from directors
75,096
80,030
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).