COMPANY REGISTRATION NUMBER:
13011113
Filleted Unaudited Financial Statements |
|
Period ended 31 January 2022
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements |
1 |
|
|
Statement of financial position |
2 |
|
|
Notes to the financial statements |
3 |
|
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Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
Everlend Ltd |
|
Period ended 31 January 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Everlend Ltd for the period ended 31 January 2022, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Everlend Ltd, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Everlend Ltd and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Everlend Ltd and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Everlend Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Everlend Ltd. You consider that Everlend Ltd is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or a review of the financial statements of Everlend Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
HEBBLETHWAITES
Chartered accountants
2 Westbrook Court
Sharrow Vale Road
Sheffield
S11 8YZ
8 September 2022
Statement of Financial Position |
|
31 January 2022
Current assets
Stocks |
219,393 |
Cash at bank and in hand |
100 |
|
--------- |
|
219,493 |
|
|
Creditors: amounts falling due within one year |
4 |
219,643 |
|
--------- |
Net current liabilities |
150 |
|
---- |
Total assets less current liabilities |
(
150) |
|
---- |
Net liabilities |
(
150) |
|
---- |
|
|
|
Capital and reserves
Called up share capital |
100 |
Profit and loss account |
(
250) |
|
---- |
Shareholder deficit |
(
150) |
|
---- |
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
8 September 2022
, and are signed on behalf of the board by:
Company registration number:
13011113
Notes to the Financial Statements |
|
Period ended 31 January 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Abbeydale Hall, Abbeydale Road South, Sheffield, S11 3LJ.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Stocks
Stocks and work progress is measured at the the costs incurred to date less any provision for write down.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4.
Creditors:
amounts falling due within one year
|
2022 |
|
£ |
Amounts owed to group undertakings |
219,393 |
Other creditors |
250 |
|
--------- |
|
219,643 |
|
--------- |
|
|
The company funds its operation via an intercompany loan account with the holding company and the creditor balance at the accounting period end was £219,393.
5.
Controlling party
The ultimate controlling party is PTA Developments Limited whose registered office is Abbeydale Hall, Abbeydale Road, Sheffield, S17 3LJ.