REGISTERED NUMBER: 09525131 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

EVERLONG GARDEN FENCING (PRESTON) LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs B A Beaumont

S C Beaumont

REGISTERED OFFICE:

14 Marland Close

Rochdale

Lancashire

OL11 4RG

REGISTERED NUMBER:

09525131 (England and Wales)

ACCOUNTANTS:

Wyatt Morris Golland Ltd

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

FIXED ASSETS

Intangible assets

4

600

1,200

Tangible assets

5

1,235

521

1,835

1,721

CURRENT ASSETS

Debtors

50,857

23,298

Cash at bank

64,352

41,805

115,209

65,103

CREDITORS

Amounts falling due within one year

60,209

38,747

NET CURRENT ASSETS

55,000

26,356

TOTAL ASSETS LESS CURRENT LIABILITIES

56,835

28,077

CREDITORS

Amounts falling due after more than one year

(43,000

)

(48,000

)

PROVISIONS FOR LIABILITIES

(235

)

-

NET ASSETS/(LIABILITIES)

13,600

(19,923

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,500

(20,023

)

SHAREHOLDERS' FUNDS

13,600

(19,923

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 25 September 2023 and were signed on its behalf by:

Mrs B A Beaumont - Director

S C Beaumont - Director

1.	STATUTORY INFORMATION

Everlong Garden Fencing (Preston) Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the invoiced value of tutor services rendered.

Franchise fee

Franchise fee, being the amount paid in connection with the acquisition of a franchise business in 2015 is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2022

and 31 March 2023

37,700

AMORTISATION

At 1 April 2022

36,500

Amortisation for year

600

At 31 March 2023

37,100

NET BOOK VALUE

At 31 March 2023

600

At 31 March 2022

1,200

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2022

2,492

Additions

1,062

At 31 March 2023

3,554

DEPRECIATION

At 1 April 2022

1,971

Charge for year

348

At 31 March 2023

2,319

NET BOOK VALUE

At 31 March 2023

1,235

At 31 March 2022

521

6.	ULTIMATE CONTROLLING PARTY

The directors control the company by virtue of their 100% holding in the ordinary share capital of the company.