Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08727285 Mr P N Voltzenlogel true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08727285 2023-03-31 08727285 2024-03-31 08727285 2023-04-01 2024-03-31 08727285 frs-core:ShareCapital 2024-03-31 08727285 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08727285 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08727285 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08727285 frs-bus:SmallEntities 2023-04-01 2024-03-31 08727285 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08727285 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08727285 1 2023-04-01 2024-03-31 08727285 frs-core:UnlistedNon-exchangeTraded 2024-03-31 08727285 frs-core:UnlistedNon-exchangeTraded 2023-03-31 08727285 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 08727285 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 08727285 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 08727285 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 08727285 frs-bus:Director1 2023-04-01 2024-03-31 08727285 1 2023-04-01 2024-03-31 08727285 frs-countries:EnglandWales 2023-04-01 2024-03-31 08727285 2022-03-31 08727285 2023-03-31 08727285 2022-04-01 2023-03-31 08727285 frs-core:ShareCapital 2023-03-31 08727285 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 08727285 1 2022-04-01 2023-03-31
Registered number: 08727285
Evergreen Business Ventures Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
McPhersons Walpole Harding
ACCA
Citibase Brighton
95 Ditchling Road
Brighton
BN1 4ST
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08727285
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 66,370 66,370
66,370 66,370
CURRENT ASSETS
Cash at bank and in hand 280 203
280 203
Creditors: Amounts Falling Due Within One Year 5 (25,180 ) (63,180 )
NET CURRENT ASSETS (LIABILITIES) (24,900 ) (62,977 )
TOTAL ASSETS LESS CURRENT LIABILITIES 41,470 3,393
NET ASSETS 41,470 3,393
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 41,469 3,392
SHAREHOLDERS' FUNDS 41,470 3,393
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P N Voltzenlogel
Director
8 August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Evergreen Business Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08727285 . The registered office is C/O McPhersons Walpole Harding, Citibase Brighton, 95 Ditchling Road, Brighton, East Sussex, BN1 4ST.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The company had no employees other than its director, and he was not paid a salary in the year:
2024 2023
Directors 1 1
1 1
Page 3
Page 4
4. Investments
Unlisted
£
Cost
As at 1 April 2023 66,370
As at 31 March 2024 66,370
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 66,370
As at 1 April 2023 66,370
The company purchased 100% of the issued share capital of the trading company Kirsam Limited (company no.07876687) on 30 April 2022. In the year ended 31 March 2024 Kirsam Limited paid dividends of £38,360 to this company in the year (2023: £8,000).
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 25,180 63,180
The creditors at 31 March 2024 include £3,000 owed to Evergreen Africa (2023: £3,000), an unincorporated charity registered with the Charity Commission in England & Wales under charity no. 1160416, and £22,000 to the company director (2023: £60,000).
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Ultimate Controlling Party
During the year under review the company was controlled by the Trustees of Evergreen Africa, an unincorporated charity registered with the Charity Commission in England & Wales under charity no. 1160416.
All of the company's profits are covenanted to this charity.
Page 4