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REGISTERED NUMBER: 11229897 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

EVERMORE INVESTMENTS LIMITED

EVERMORE INVESTMENTS LIMITED (REGISTERED NUMBER: 11229897)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EVERMORE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2024







DIRECTOR: M J W Fitzgerald





REGISTERED OFFICE: Chart House
2 Effingham Road
Reigate
Surrey
RH2 7JN





REGISTERED NUMBER: 11229897 (England and Wales)





ACCOUNTANTS: John Williams & Co Limited
Chartered Certified Accountants
Chart House
2 Effingham Road
Reigate
Surrey
RH2 7JN

EVERMORE INVESTMENTS LIMITED (REGISTERED NUMBER: 11229897)

BALANCE SHEET
28 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,308 18,010
Investment property 5 1,421,000 1,421,000
1,436,308 1,439,010

CURRENT ASSETS
Stocks 640,222 -
Debtors 6 6,485 -
Cash at bank 48,273 4,850
694,980 4,850
CREDITORS
Amounts falling due within one year 7 721,996 109,684
NET CURRENT LIABILITIES (27,016 ) (104,834 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,409,292

1,334,176

CREDITORS
Amounts falling due after more than one
year

8

(13,508

)

(23,324

)

PROVISIONS FOR LIABILITIES 9 (166,261 ) (166,774 )
NET ASSETS 1,229,523 1,144,078

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 1,229,423 1,143,978
SHAREHOLDERS' FUNDS 1,229,523 1,144,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 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.

EVERMORE INVESTMENTS LIMITED (REGISTERED NUMBER: 11229897)

BALANCE SHEET - continued
28 FEBRUARY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 August 2024 and were signed by:





M J W Fitzgerald - Director


EVERMORE INVESTMENTS LIMITED (REGISTERED NUMBER: 11229897)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1. STATUTORY INFORMATION

Evermore Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 represents the proceeds from the sale of properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 (2023 - 1 ) .

EVERMORE INVESTMENTS LIMITED (REGISTERED NUMBER: 11229897)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023
and 28 February 2024 28,878 1,078 29,956
DEPRECIATION
At 1 March 2023 10,868 1,078 11,946
Charge for year 2,702 - 2,702
At 28 February 2024 13,570 1,078 14,648
NET BOOK VALUE
At 28 February 2024 15,308 - 15,308
At 28 February 2023 18,010 - 18,010

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 28 February 2024 1,421,000
NET BOOK VALUE
At 28 February 2024 1,421,000
At 28 February 2023 1,421,000

Fair value at 28 February 2024 is represented by:
£   
Valuation in 2020 588,750
Valuation in 2021 271,000
Cost 561,250
1,421,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 561,250 561,250

Investment property was valued on an open market basis on 28 February 2024 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,485 -

EVERMORE INVESTMENTS LIMITED (REGISTERED NUMBER: 11229897)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Tax 26,336 14,223
Other creditors 204,568 17,142
Directors' current accounts 481,092 68,319
721,996 109,684

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 3,508 13,324
13,508 23,324

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 166,261 166,774

Deferred
tax
£   
Balance at 1 March 2023 166,774
Accelerated capital allowances (513 )
Balance at 28 February 2024 166,261

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 March 2023 1,143,978
Profit for the year 86,445
Dividends (1,000 )
At 28 February 2024 1,229,423

12. ULTIMATE CONTROLLING PARTY

The company is under the control of its director.