IRIS Accounts Production v23.1.0.753 05718025 director 1.3.22 28.2.23 28.2.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure057180252022-02-28057180252023-02-28057180252022-03-012023-02-28057180252021-02-28057180252021-03-012022-02-28057180252022-02-2805718025ns15:EnglandWales2022-03-012023-02-2805718025ns14:PoundSterling2022-03-012023-02-2805718025ns10:Director12022-03-012023-02-2805718025ns10:PrivateLimitedCompanyLtd2022-03-012023-02-2805718025ns10:SmallEntities2022-03-012023-02-2805718025ns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2805718025ns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2805718025ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-2805718025ns10:AbridgedAccounts2022-03-012023-02-280571802512022-03-012023-02-2805718025ns10:OrdinaryShareClass12022-03-012023-02-2805718025ns10:RegisteredOffice2022-03-012023-02-2805718025ns5:CurrentFinancialInstruments2023-02-2805718025ns5:CurrentFinancialInstruments2022-02-2805718025ns5:Non-currentFinancialInstruments2023-02-2805718025ns5:Non-currentFinancialInstruments2022-02-2805718025ns5:ShareCapital2023-02-2805718025ns5:ShareCapital2022-02-2805718025ns5:RetainedEarningsAccumulatedLosses2023-02-2805718025ns5:RetainedEarningsAccumulatedLosses2022-02-2805718025ns5:NetGoodwill2022-03-012023-02-2805718025ns5:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2805718025ns5:LeaseholdImprovements2022-03-012023-02-2805718025ns5:PlantMachinery2022-03-012023-02-2805718025ns5:FurnitureFittings2022-03-012023-02-2805718025ns5:MotorVehicles2022-03-012023-02-2805718025ns5:ComputerEquipment2022-03-012023-02-2805718025ns5:LeasedAssetsHeldAsLessee2022-03-012023-02-2805718025ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2805718025ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2805718025ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-02-2805718025ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2022-02-2805718025ns5:HirePurchaseContracts2023-02-2805718025ns5:HirePurchaseContracts2022-02-2805718025ns5:WithinOneYear2023-02-2805718025ns5:WithinOneYear2022-02-2805718025ns5:BetweenOneFiveYears2023-02-2805718025ns5:BetweenOneFiveYears2022-02-2805718025ns5:AllPeriods2023-02-2805718025ns5:AllPeriods2022-02-2805718025ns10:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 05718025 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

EVANS AUTOBODY LIMITED

EVANS AUTOBODY LIMITED (REGISTERED NUMBER: 05718025)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


EVANS AUTOBODY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: Mr L Evans



REGISTERED OFFICE:
Moor Lane
Flookburgh
Grange-Over-Sands
Cumbria
LA11 7LS



REGISTERED NUMBER: 05718025 (England and Wales)



BANKERS: Lloyds Bank plc
121-135 Dalton Road
Barrow-in-Furness
Cumbria
LA14 1HZ

EVANS AUTOBODY LIMITED (REGISTERED NUMBER: 05718025)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 73,709 95,887
Investments 6 - 20,018
73,709 115,905

CURRENT ASSETS
Stocks 22,000 15,000
Debtors 73,448 102,148
Cash at bank and in hand 265,203 126,936
360,651 244,084
CREDITORS
Amounts falling due within one year 184,736 182,032
NET CURRENT ASSETS 175,915 62,052
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,624

177,957

CREDITORS
Amounts falling due after more than one
year

18,214

29,120
NET ASSETS 231,410 148,837

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 231,310 148,737
SHAREHOLDERS' FUNDS 231,410 148,837

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

EVANS AUTOBODY LIMITED (REGISTERED NUMBER: 05718025)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2023


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 Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 October 2023 and were signed by:





Mr L Evans - Director


EVANS AUTOBODY LIMITED (REGISTERED NUMBER: 05718025)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Evans Autobody 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. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents net invoiced sales of services, excluding VAT.

Goodwill
The goodwill acquired in 2011 was fully amortised in prior periods.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on reducing balance
Plant and machinery - 20% on cost and 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

EVANS AUTOBODY LIMITED (REGISTERED NUMBER: 05718025)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 5,000
AMORTISATION
At 1 March 2022
and 28 February 2023 5,000
NET BOOK VALUE

At 28 February 2023 -
At 28 February 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022 240,081
Disposals (8,350 )
At 28 February 2023 231,731
DEPRECIATION
At 1 March 2022 144,194
Charge for year 19,002
Eliminated on disposal (5,174 )
At 28 February 2023 158,022
NET BOOK VALUE
At 28 February 2023 73,709
At 28 February 2022 95,887

The net book value of tangible fixed assets includes £ 14,192 ( 2022 : £5,584 ) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £4,730 (2022: £9,362) for the financial year.

6. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
28.2.23 28.2.22
£    £   
Amounts due from EAB Graphix - 20,018

EAB Graphix Limited was dissolved on the 23 August 2022. The amounts due of £20,018 has been written off in these financial statements.

EVANS AUTOBODY LIMITED (REGISTERED NUMBER: 05718025)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

7. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
28.2.23 28.2.22
£    £   
Net obligations repayable:
Within one year 6,115 19,862
Between one and five years 4,892 11,007
11,007 30,869

Non-cancellable operating leases
28.2.23 28.2.22
£    £   
Within one year 3,721 2,709
Between one and five years 3,550 1,355
7,271 4,064

8. SECURED DEBTS

The following secured debts are included within creditors:

28.2.23 28.2.22
£    £   
Hire purchase contracts 11,007 30,869

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr L Evans.