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Company Registration No. 07757026 (England and Wales)
Everae Limited Unaudited accounts for the year ended 30 September 2023
Everae Limited Unaudited accounts Contents
Page
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Everae Limited Company Information for the year ended 30 September 2023
Directors
Victoria Hill-Jowett Dean Hill-Jowett
Company Number
07757026 (England and Wales)
Registered Office
ELM HOUSE, 10 FOUNTAIN COURT NEW LEAZE BRADLEY STOKE BRISTOL BS32 4LA ENGLAND
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Everae Limited for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Everae Limited for the year ended 30 September 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 19 February 2024
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Everae Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
240 
Current assets
Debtors
750 
1,312 
Cash at bank and in hand
13,581 
747 
14,331 
2,059 
Creditors: amounts falling due within one year
(14,165)
(12,379)
Net current assets/(liabilities)
166 
(10,320)
Total assets less current liabilities
166 
(10,080)
Creditors: amounts falling due after more than one year
(111)
(1,512)
Net assets/(liabilities)
55 
(11,592)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
54 
(11,593)
Shareholders' funds
55 
(11,592)
For the year ending 30 September 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 19 February 2024 and were signed on its behalf by
Victoria Hill-Jowett Director Company Registration No. 07757026
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Everae Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Everae Limited is a private company, limited by shares, registered in England and Wales, registration number 07757026. The registered office is ELM HOUSE, 10 FOUNTAIN COURT NEW LEAZE, BRADLEY STOKE, BRISTOL, BS32 4LA, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
4 years straight line
Computer equipment
4 year straight line
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2022
1,049 
15,633 
16,682 
Disposals
(1,049)
(15,633)
(16,682)
At 30 September 2023
- 
- 
- 
Depreciation
At 1 October 2022
989 
15,453 
16,442 
Charge for the year
60 
180 
240 
On disposals
(1,049)
(15,633)
(16,682)
At 30 September 2023
- 
- 
- 
Net book value
At 30 September 2023
- 
- 
- 
At 30 September 2022
60 
180 
240 
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Everae Limited Notes to the Accounts for the year ended 30 September 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
512 
Accrued income and prepayments
750 
- 
Other debtors
- 
800 
750 
1,312 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
6,566 
- 
Trade creditors
114 
71 
Taxes and social security
6,775 
- 
Loans from directors
- 
11,648 
Accruals
710 
660 
14,165 
12,379 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
111 
1,512 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 2 (2022: 1).
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