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REGISTERED NUMBER: 10017830 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

EVERTHOUGHT LIMITED

EVERTHOUGHT LIMITED (REGISTERED NUMBER: 10017830)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EVERTHOUGHT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTORS: A Perry
Mrs N L Perry





REGISTERED OFFICE: 4 Granger Row
Chelmsford
Essex
CM1 4WF





REGISTERED NUMBER: 10017830 (England and Wales)





ACCOUNTANTS: Lucentum Ltd
Kingfisher House
11 Hoffmanns Way
Chelmsford
Essex
CM1 1GU

EVERTHOUGHT LIMITED (REGISTERED NUMBER: 10017830)

BALANCE SHEET
28 FEBRUARY 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 800 1,200

CURRENT ASSETS
Debtors 6 3,363 16,505
Cash at bank 35,600 29,663
38,963 46,168
CREDITORS
Amounts falling due within one year 7 22,303 24,642
NET CURRENT ASSETS 16,660 21,526
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,460

22,726

PROVISIONS FOR LIABILITIES 8 152 240
NET ASSETS 17,308 22,486

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 17,208 22,386
SHAREHOLDERS' FUNDS 17,308 22,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 8 November 2018 and were signed on
its behalf by:




A Perry - Director


EVERTHOUGHT LIMITED (REGISTERED NUMBER: 10017830)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018

1. STATUTORY INFORMATION

Everthought 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. Turnover is recognised on an accruals basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

EVERTHOUGHT LIMITED (REGISTERED NUMBER: 10017830)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2017
and 28 February 2018 1,600
DEPRECIATION
At 1 March 2017 400
Charge for year 400
At 28 February 2018 800
NET BOOK VALUE
At 28 February 2018 800
At 28 February 2017 1,200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade debtors 3,120 16,266
Other debtors 243 239
3,363 16,505

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Tax 17,486 17,107
VAT 4,367 6,112
Directors' loan accounts 310 818
Accruals and deferred income 140 605
22,303 24,642

8. PROVISIONS FOR LIABILITIES
28.2.18 28.2.17
£    £   
Deferred tax
Accelerated capital allowances 152 240

Deferred
tax
£   
Balance at 1 March 2017 240
Credit to Income Statement during year (88 )
Accelerated capital allowances
Balance at 28 February 2018 152

EVERTHOUGHT LIMITED (REGISTERED NUMBER: 10017830)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.18 28.2.17
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

During the year, a loan subsisted between the company and Mr A Perry its director. At the year end the
company owed the director £310 (2017: £818) this balance is shown within creditors. Interest of £523
(2017: £nil) was paid to the company during the year.