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REGISTERED NUMBER: 14043195 (England and Wales)















Financial Statements for the Period 12 April 2022 to 30 April 2023

for

EVWare Ltd

EVWare Ltd (Registered number: 14043195)






Contents of the Financial Statements
for the Period 12 April 2022 to 30 April 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


EVWare Ltd

Company Information
for the Period 12 April 2022 to 30 April 2023







DIRECTORS: S Clark
C Connell
C Tingley





REGISTERED OFFICE: Suite 9, Market House 19-21 Market Place
Wokingham
United Kingdom
Berkshire
RG40 1AP





REGISTERED NUMBER: 14043195 (England and Wales)





ACCOUNTANTS: Millward, May & Co
Suite 9 Market House
21 Market Place
Wokingham
Berkshire
RG40 1AP

EVWare Ltd (Registered number: 14043195)

Statement of Financial Position
30 April 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 221,359
Tangible assets 5 10,178
231,537

CURRENT ASSETS
Stocks 56
Debtors 6 42,972
Cash at bank 3,037
46,065
CREDITORS
Amounts falling due within one year 7 244,480
NET CURRENT LIABILITIES (198,415 )
TOTAL ASSETS LESS CURRENT LIABILITIES 33,122

PROVISIONS FOR LIABILITIES 2,923
NET ASSETS 30,199

CAPITAL AND RESERVES
Called up share capital 8 165
Retained earnings 30,034
SHAREHOLDERS' FUNDS 30,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





C Connell - Director


EVWare Ltd (Registered number: 14043195)

Notes to the Financial Statements
for the Period 12 April 2022 to 30 April 2023

1. STATUTORY INFORMATION

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

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.

Development costs are being amortised evenly over their estimated useful life of two years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Demo products - 2 year straight line
Fixtures and fittings - 5 year straight line
Computer equipment - 2 year straight line

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

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

EVWare Ltd (Registered number: 14043195)

Notes to the Financial Statements - continued
for the Period 12 April 2022 to 30 April 2023

2. ACCOUNTING POLICIES - continued

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 period was 2 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 221,359
At 30 April 2023 221,359
NET BOOK VALUE
At 30 April 2023 221,359

5. TANGIBLE FIXED ASSETS
Fixtures
Demo and Computer
products fittings equipment Totals
£    £    £    £   
COST
Additions 7,605 749 4,339 12,693
At 30 April 2023 7,605 749 4,339 12,693
DEPRECIATION
Charge for period 1,327 62 1,126 2,515
At 30 April 2023 1,327 62 1,126 2,515
NET BOOK VALUE
At 30 April 2023 6,278 687 3,213 10,178

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 5,280
Other debtors 37,692
42,972

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 52,630
Taxation and social security 8,666
Other creditors 183,184
244,480

EVWare Ltd (Registered number: 14043195)

Notes to the Financial Statements - continued
for the Period 12 April 2022 to 30 April 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,650,000 Ordinary .0001 165

During the year 165 ordinary shares valued at £1 each were sub-divided into 1,650,000 ordinary shares valued at £0.0001 each. The total value of all shares remained the same at £165.

9. RELATED PARTY DISCLOSURES

During the period, the company had transactions with a connected company, the companies are connected through the significant interest of the directors.

Transactions with the connected company during the period:

Conjure Ltd:
Expenses - £26,511
Intercompany loan - £180,000

At the period end the company owed a balance of £180,000 (2022 - £0)



During the period the directors maintained a loan account with the company. At the period end the directors owed the company £50. This loan is interest free, repayable on demand and shown within other debtors.