Develotec Design And Build Limited - Accounts to registrar (filleted) - small 18.2

Develotec Design And Build Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv18.3.1.6509666873Board of DirectorsBoard of Directors1.5.1730.4.1830.4.18falsetruefalsefalsetruefalseOrdinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure096668732017-04-30096668732018-04-30096668732017-05-012018-04-30096668732016-04-30096668732016-05-012017-04-30096668732017-04-3009666873ns15:EnglandWales2017-05-012018-04-3009666873ns14:PoundSterling2017-05-012018-04-3009666873ns10:Director12017-05-012018-04-3009666873ns10:Director22017-05-012018-04-3009666873ns10:PrivateLimitedCompanyLtd2017-05-012018-04-3009666873ns10:SmallEntities2017-05-012018-04-3009666873ns10:AuditExempt-NoAccountantsReport2017-05-012018-04-3009666873ns10:SmallCompaniesRegimeForDirectorsReport2017-05-012018-04-3009666873ns10:SmallCompaniesRegimeForAccounts2017-05-012018-04-3009666873ns10:FullAccounts2017-05-012018-04-3009666873ns10:OrdinaryShareClass12017-05-012018-04-3009666873ns10:RegisteredOffice2017-05-012018-04-3009666873ns5:CurrentFinancialInstruments2018-04-3009666873ns5:CurrentFinancialInstruments2017-04-3009666873ns5:ShareCapital2018-04-3009666873ns5:ShareCapital2017-04-3009666873ns5:RetainedEarningsAccumulatedLosses2018-04-3009666873ns5:RetainedEarningsAccumulatedLosses2017-04-3009666873ns5:LandBuildings2017-04-3009666873ns5:PlantMachinery2017-04-3009666873ns5:LandBuildings2017-05-012018-04-3009666873ns5:PlantMachinery2017-05-012018-04-3009666873ns5:LandBuildings2018-04-3009666873ns5:PlantMachinery2018-04-3009666873ns5:LandBuildings2017-04-3009666873ns5:PlantMachinery2017-04-3009666873ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-04-3009666873ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-04-3009666873ns10:OrdinaryShareClass12018-04-3009666873ns10:Director112017-04-3009666873ns10:Director112016-04-3009666873ns10:Director112017-05-012018-04-3009666873ns10:Director112016-05-012017-04-3009666873ns10:Director112018-04-3009666873ns10:Director112017-04-3009666873ns10:Director222017-04-3009666873ns10:Director222016-04-3009666873ns10:Director222017-05-012018-04-3009666873ns10:Director222016-05-012017-04-3009666873ns10:Director222018-04-3009666873ns10:Director222017-04-30


REGISTERED NUMBER: 09666873(England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2018

for

Develotec Design And Build Limited

Develotec Design And Build Limited (Registered number: 09666873)






Contents of the Financial Statements
for the Year Ended 30 April 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Develotec Design And Build Limited

Company Information
for the Year Ended 30 April 2018







DIRECTORS: J R H Mould
SD Neal





REGISTERED OFFICE: Castle Farm Barn North
Denmead Road
Southwick
Fareham
Hampshire
PO17 6EX





REGISTERED NUMBER: 09666873(England and Wales)





ACCOUNTANTS: KT Accountants Limited
Castle Farm Barn North
Denmead Road
Southwick
Hampshire
PO17 6EX

Develotec Design And Build Limited (Registered number: 09666873)

Balance Sheet
30 April 2018

30.4.18 30.4.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,131 5,967

CURRENT ASSETS
Debtors 5 490,775 474,973
Cash at bank and in hand 75,055 60,071
565,830 535,044
CREDITORS
Amounts falling due within one year 6 326,395 243,846
NET CURRENT ASSETS 239,435 291,198
TOTAL ASSETS LESS CURRENT
LIABILITIES

258,566

297,165

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 258,466 297,065
SHAREHOLDERS' FUNDS 258,566 297,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and
387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

Develotec Design And Build Limited (Registered number: 09666873)

Balance Sheet - continued
30 April 2018


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 21 February 2019and were
signed on its behalf by:




J R H Mould- Director



SD Neal- Director


Develotec Design And Build Limited (Registered number: 09666873)

Notes to the Financial Statements
for the Year Ended 30 April 2018

1. STATUTORY INFORMATION

Develotec Design And Build Limited is a private company, limited by shares, registered in
England and Wales. The company's registered number and registered office address can be
found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive
income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that
have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements. Deferred
tax is measured using tax rates and laws that have been enacted or substantively enacted
by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it
is probable that they will be recovered against the reversal of deferred tax liabilities or other
future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over
the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3(2017 - 3) .

Develotec Design And Build Limited (Registered number: 09666873)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2018

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2017 4,625 1,400 6,025
Additions - 18,000 18,000
At 30 April 2018 4,625 19,400 24,025
DEPRECIATION
At 1 May 2017 - 58 58
Charge for year - 4,836 4,836
At 30 April 2018 - 4,894 4,894
NET BOOK VALUE
At 30 April 2018 4,625 14,506 19,131
At 30 April 2017 4,625 1,342 5,967

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade debtors 338,082 464,973
Amounts owed by associates 30,275 -
Other debtors 122,418 10,000
490,775 474,973

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade creditors 182,896 172,787
Taxation and social security 123,203 66,251
Other creditors 20,296 4,808
326,395 243,846

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.4.18 30.4.17
value: £    £   
100 Ordinary £1 100 100

Develotec Design And Build Limited (Registered number: 09666873)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2018

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended
30 April 2018 and 30 April 2017:

30.4.18 30.4.17
£    £   
J R H Mould
Balance outstanding at start of year (4,808 ) -
Amounts advanced 176,027 -
Amounts repaid (81,600 ) (4,808 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 89,619 (4,808 )

SD Neal
Balance outstanding at start of year - -
Amounts advanced 68,075 -
Amounts repaid (81,600 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (13,525 ) -

The directors loan account balances are undated, unsecured and repayable on demand.
The over-drawn loan account is charged interest at 2.5%.