1 February 2022 v2023.24.1 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP06199372022-02-012023-01-3106199372023-01-3106199372022-01-310619937core:WithinOneYear2023-01-310619937core:WithinOneYear2022-01-310619937core:ShareCapital2023-01-310619937core:ShareCapital2022-01-310619937core:RetainedEarningsAccumulatedLosses2023-01-310619937core:RetainedEarningsAccumulatedLosses2022-01-310619937bus:Director12022-02-012023-01-310619937bus:RegisteredOffice2022-02-012023-01-310619937core:LandBuildings2022-02-012023-01-310619937core:PlantMachinery2022-02-012023-01-310619937core:FurnitureFittings2022-02-012023-01-3106199372021-02-012022-01-310619937core:LandBuildings2023-01-310619937core:PlantMachinery2023-01-310619937core:PlantMachinery2022-02-0106199372022-02-010619937core:LandBuildings2022-01-310619937core:PlantMachinery2022-01-31061993712022-02-012023-01-310619937countries:EnglandWales2022-02-012023-01-310619937bus:AuditExempt-NoAccountantsReport2022-02-012023-01-310619937bus:PrivateLimitedCompanyLtd2022-02-012023-01-310619937bus:SmallEntities2022-02-012023-01-310619937bus:FullAccounts2022-02-012023-01-310619937bus:Director22022-02-012023-01-31
Company registration number:
0619937
EVE Property Company Ltd
Unaudited Filleted Financial Statements for the year ended
31 January 2023
EVE Property Company Ltd
Statement of Financial Position
31 January 2023
20232022
Note££
Fixed assets    
Tangible assets 5
10,379
 
10,421
 
Current assets    
Debtors 6
6,397
 
18,620
 
Cash at bank and in hand
259,165
 
234,871
 
265,562
 
253,491
 
Creditors: amounts falling due within one year 7
(66,172
)
(68,756
)
Net current assets
199,390
 
184,735
 
Total assets less current liabilities 209,769   195,156  
Capital and reserves    
Called up share capital
2,100
 
2,100
 
Profit and loss account
207,669
 
193,056
 
Shareholders funds
209,769
 
195,156
 
For the year ending
31 January 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year 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
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
20 July 2023
, and are signed on behalf of the board by:
James Punter
Director
Company registration number:
0619937
EVE Property Company Ltd
Notes to the Financial Statements
Year ended
31 January 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Vine Barn
,
Village Green
,
Northchapel, Petworth
,
West Sussex
,
GU28 9HU
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and 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 assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
Not depreciated
Plant and machinery
10% reducing balance basis
Fixtures and fittings
25% reducing balance basis

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was
3
(2022:
3
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 February 2022
and
31 January 2023
10,170
 
47,839
 
58,009
 
Depreciation      
At
1 February 2022
-  
47,588
 
47,588
 
Charge -  
42
 
42
 
At
31 January 2023
-  
47,630
 
47,630
 
Carrying amount      
At
31 January 2023
10,170
 
209
 
10,379
 
At 31 January 2022
10,170
 
251
 
10,421
 

6 Debtors

20232022
££
Trade debtors
3,465
 
18,620
 
Other debtors
2,932
  -  
6,397
 
18,620
 

7 Creditors: amounts falling due within one year

20232022
££
Taxation and social security
9,518
 
14,963
 
Other creditors
56,654
 
53,793
 
66,172
 
68,756