Registration number:
Evergreens Management Company Limited
(A company limited by guarantee)
for the Year Ended 30 June 2023
Evergreens Management Company Limited
Contents
Statement of Financial Position |
|
Notes to the Unaudited Financial Statements |
Evergreens Management Company Limited
(Registration number: 05851087)
Statement of Financial Position as at 30 June 2023
Note |
2023 |
2022 |
|
Current assets |
|||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
|
Net assets |
|
|
|
Reserves |
|||
Profit and loss account |
908 |
1,043 |
|
Surplus |
908 |
1,043 |
For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.
Approved and authorised by the
|
Evergreens Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023
General information |
The company is a company limited by guarantee, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are prepared in sterling which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for maintenance contributions.
Financial instruments
Recognition and measurement
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Company limited by guarantee |
The average number of persons employed by the company (including directors) during the year, was
Evergreens Management Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023 (continued)
3 |
Company limited by guarantee (continued) |
The company, which is limited by guarantee and has no share capital, is controlled by the directors, who are also members.
Each member undertakes to contribute to the assets of the company in the event of it being would up while he or she is a member or within one year afterwards for payment of the debts, and liabilities of the company contracted before he or she ceases to be a member and the cost, charges and expenses of winding up and for the adjustment of the rights of contributories among themselves such amount as may be required not exceeding £1.
Debtors |
2023 |
2022 |
|
Prepayments |
|
|
|
|
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
|
Due within one year |
||
Accruals and deferred income |
|
|