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REGISTERED NUMBER: 03753247 (United Kingdom)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

EVANS PROPERTY DEVELOPMENT LIMITED

EVANS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 03753247)

Contents of the Financial Statements
for the Year Ended 30 April 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


EVANS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 03753247)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 650,000 625,000
650,000 625,000

CURRENT ASSETS
Debtors 6 59,968 1,756
Cash at bank 28,168 2,962
88,136 4,718
CREDITORS
Amounts falling due within one year 7 12,487 45,747
NET CURRENT ASSETS/(LIABILITIES) 75,649 (41,029 )
TOTAL ASSETS LESS CURRENT LIABILITIES 725,649 583,971

CREDITORS
Amounts falling due after more than one year 8 (446,519 ) (272,400 )

PROVISIONS FOR LIABILITIES (54,686 ) (60,438 )
NET ASSETS 224,444 251,133

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 224,344 251,033
SHAREHOLDERS' FUNDS 224,444 251,133

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 03753247)

Balance Sheet - continued
30 April 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2024 and were signed by:





Mr I Evans - Director


EVANS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 03753247)

Notes to the Financial Statements
for the Year Ended 30 April 2023


1. STATUTORY INFORMATION

Evans Property Development Limited is a private company, limited by shares , registered in United Kingdom. The company's registered number and registered office address are as below:

Registered number: 03753247

Registered office: Sgubor Pengoyffordd
Trefeitha
Brecon
Powys
LD3 0RN

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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.


EVANS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 03753247)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2022
and 30 April 2023 5,249
DEPRECIATION
At 1 May 2022
and 30 April 2023 5,249
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022 625,000
Revaluations 25,000
At 30 April 2023 650,000
NET BOOK VALUE
At 30 April 2023 650,000
At 30 April 2022 625,000

EVANS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 03753247)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


5. INVESTMENT PROPERTY - continued

The investment properties were revalued by the Director as at 30 April 2023. There has been no valuation of
investment property by an independent valuer.


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 59,968 1,756

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) - 1,800
Other creditors 10,897 41,408
Accruals and deferred income 1,590 2,539
12,487 45,747

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 9) 446,519 272,400

The loans and borrowings are secured against the investment property.

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans - 1,800

Amounts falling due between two and five years:
Bank loans - 2-5 years 446,519 272,400

EVANS PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 03753247)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100