Relate AccountsProduction v2.6.3 v2.6.3 2021-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The company's principal activity during the year continued to be the provision of environmental services to local authorities. 24 October 2023 7 8 NI610026 2022-10-31 NI610026 2021-10-31 NI610026 2020-10-31 NI610026 2021-11-01 2022-10-31 NI610026 2020-11-01 2021-10-31 NI610026 uk-bus:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 NI610026 uk-bus:SmallCompaniesRegimeForAccounts 2021-11-01 2022-10-31 NI610026 uk-bus:AbridgedAccounts 2021-11-01 2022-10-31 NI610026 uk-core:ShareCapital 2022-10-31 NI610026 uk-core:ShareCapital 2021-10-31 NI610026 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 NI610026 uk-core:RetainedEarningsAccumulatedLosses 2021-10-31 NI610026 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-10-31 NI610026 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2021-10-31 NI610026 uk-bus:FRS102 2021-11-01 2022-10-31 NI610026 uk-core:PlantMachinery 2021-11-01 2022-10-31 NI610026 uk-core:ParentEntities 2021-11-01 2022-10-31 NI610026 uk-countries:UnitedKingdom 2021-11-01 2022-10-31 NI610026 uk-bus:Director1 2021-11-01 2022-10-31 NI610026 uk-bus:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI610026
 
 
Evergreen Water Solutions Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 October 2022
Evergreen Water Solutions Limited
Company Registration Number: NI610026
ABRIDGED BALANCE SHEET
as at 31 October 2022

2022 2021
Notes £ £
 
Fixed Assets
Tangible assets 4 81,934 25,833
───────── ─────────
 
Current Assets
Stocks 410,802 553,285
Debtors 433,114 1,074,764
Cash at bank and in hand 1,475,718 569,119
───────── ─────────
2,319,634 2,197,168
───────── ─────────
Creditors: amounts falling due within one year (1,157,462) (806,040)
───────── ─────────
Net Current Assets 1,162,172 1,391,128
───────── ─────────
Total Assets less Current Liabilities 1,244,106 1,416,961
 
Creditors:
amounts falling due after more than one year (13,889) -
───────── ─────────
Net Assets 1,230,217 1,416,961
═════════ ═════════
 
Capital and Reserves
Called up share capital 2 2
Retained earnings 1,230,215 1,416,959
───────── ─────────
Shareholders' Funds 1,230,217 1,416,961
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 24 October 2023 and signed on its behalf by
           
________________________________          
Mr. Robert Mannion          
Director          
           



Evergreen Water Solutions Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 October 2022

   
1. General Information
 
Evergreen Water Solutions Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI610026. The registered office of the company is 2 Church Street, Ballygawley, Dungannon, Co. Tyrone, BT70 2HB, Northern Ireland. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 October 2022 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 7, (2021 - 8).
 
  2022 2021
  Number Number
 
Administrative 7 8
  ═════════ ═════════
       
4. Tangible assets
  Plant and Total
  machinery  
     
  £ £
Cost
At 1 November 2021 92,769 92,769
Additions 71,480 71,480
  ───────── ─────────
At 31 October 2022 164,249 164,249
  ───────── ─────────
Depreciation
At 1 November 2021 66,936 66,936
Charge for the financial year 15,379 15,379
  ───────── ─────────
At 31 October 2022 82,315 82,315
  ───────── ─────────
Net book value
At 31 October 2022 81,934 81,934
  ═════════ ═════════
At 31 October 2021 25,833 25,833
  ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 October 2022.
   
6. Parent company
 
The company regards Evergreen Corporation Holdings Ltd as its parent company.
 
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.