Company Registration No. 11659042 (England and Wales)
Evolution Floor Screed and Drylining Ltd
Unaudited accounts
for the year ended 30 November 2022
Evolution Floor Screed and Drylining Ltd
Statement of financial position
as at 30 November 2022
Tangible assets
1,833
12,750
Cash at bank and in hand
4,428
5
Creditors: amounts falling due within one year
(6,318)
(14,095)
Net current assets/(liabilities)
5,436
(7,252)
Total assets less current liabilities
7,269
5,498
Creditors: amounts falling due after more than one year
(33,805)
(31,500)
Net liabilities
(26,536)
(26,002)
Called up share capital
10
10
Profit and loss account
(26,546)
(26,012)
Shareholders' funds
(26,536)
(26,002)
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 November 2023 and were signed on its behalf by
Tony Roy Lopez
Director
Company Registration No. 11659042
Evolution Floor Screed and Drylining Ltd
Notes to the Accounts
for the year ended 30 November 2022
Evolution Floor Screed and Drylining Ltd is a private company, limited by shares, registered in England and Wales, registration number 11659042. The registered office is 12 THAMES CLOSE, FLITWICK, BEDFORD, MK45 1EQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2021
35,000
16,000
51,000
At 30 November 2022
35,000
18,000
53,000
At 1 December 2021
26,250
12,000
38,250
Charge for the year
8,750
4,167
12,917
At 30 November 2022
35,000
16,167
51,167
At 30 November 2022
-
1,833
1,833
At 30 November 2021
8,750
4,000
12,750
Evolution Floor Screed and Drylining Ltd
Notes to the Accounts
for the year ended 30 November 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
4,019
1,734
Loans from directors
409
8,419
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).