Registered number: 00522942 | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
Prepared By: | ||||||||
Delrose Consulting Ltd | ||||||||
Chartered Management Accountants | ||||||||
Wittas House | ||||||||
Two Rivers | ||||||||
Station Lane | ||||||||
Witney | ||||||||
OX28 4BH |
Everest Court Limied | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
40,055 | 41,892 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 29,601 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Revaluation reserve | 1c,8 | 349,938 | 349,938 | |||||||
Other reserves | 9 | 144,948 | 144,948 | |||||||
Profit and loss account | 27,740 | 29,519 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Everest Court Limied | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Depreciation | ||||||||
Fixtures and Fittings | reducing balance 15% |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1c. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 8). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
1d. Basis Of Accounting FRS 1021 a | ||||||||
These Financial Statements have been prepared in accordance with the provisions of Section 1A ' Small Entities' of Financial Reporting Standard 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. | ||||||||
These Financial Statements have been prepared under the histrorical cost convention. |
Everest Court Limied | ||||||||
2. TANGIBLE FIXED ASSETS | ||||
Fixtures | ||||
and Fittings | Total | |||
£ | £ | |||
Cost | ||||
At 01/01/2023 | 26,665 | 26,665 | ||
At 31/12/2023 | 26,665 | 26,665 | ||
Depreciation | ||||
At 01/01/2023 | 18,790 | 18,790 | ||
For the year | 1,181 | 1,181 | ||
At 31/12/2023 | 19,971 | 19,971 | ||
Net Book Amounts | ||||
At 31/12/2023 | 6,694 | |||
At 31/12/2022 | 7,875 | |||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 9,263 | 5,692 | ||||||
Prepayments | - | 35,056 | ||||||
9,263 | 40,748 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Directors current account | 6,986 | 6,491 | ||||||
Trade creditors | 1,165 | - | ||||||
Accruals | 3,100 | 5,800 | ||||||
11,251 | 12,291 | |||||||
5. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Everest Court Limied | ||||||||
6. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 1,872 | 2,071 | ||||||
1,872 | 2,071 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
6000 | 6000 | |||||||
6,000 | 6,000 | |||||||
8. REVALUATION RESERVE | 2023 | 2022 | ||||||
£ | £ | |||||||
Revaluation reserve | 349,938 | 349,938 | ||||||
349,938 | 349,938 | |||||||
9. OTHER RESERVES | 2023 | 2022 | ||||
£ | £ | |||||
Other reserves | 144,948 | 144,948 | ||||
144,948 | 144,948 | |||||