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REGISTERED NUMBER: SC685282 (Scotland)


















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

EVT (Scotland) Ltd

EVT (Scotland) Ltd (Registered number: SC685282)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EVT (Scotland) Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R Wallace
G Wallace





REGISTERED OFFICE: Bowie House
Rowallan Business Park
Southcraig Avenue
Kilmarnock
KA3 6BQ





REGISTERED NUMBER: SC685282 (Scotland)





ACCOUNTANTS: Macleod Fulton
Scottcourt House
West Princes Street
Helensburgh
Argyll & Bute
G84 8BP

EVT (Scotland) Ltd (Registered number: SC685282)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,830 96,835

CURRENT ASSETS
Debtors 5 107,101 52,075
Cash at bank 1,274 16,726
108,375 68,801
CREDITORS
Amounts falling due within one year 6 96,081 82,763
NET CURRENT ASSETS/(LIABILITIES) 12,294 (13,962 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,124

82,873

CREDITORS
Amounts falling due after more than one
year

7

34,126

72,846
NET ASSETS 37,998 10,027

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 37,898 9,927
37,998 10,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

EVT (Scotland) Ltd (Registered number: SC685282)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:





G Wallace - Director


EVT (Scotland) Ltd (Registered number: SC685282)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

EVT (Scotland) Ltd is a private company, limited by shares , registered in Scotland. 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.

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 etc - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

EVT (Scotland) Ltd (Registered number: SC685282)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 134,402
Disposals (26,000 )
At 31 March 2024 108,402
DEPRECIATION
At 1 April 2023 37,567
Charge for year 19,943
Eliminated on disposal (8,938 )
At 31 March 2024 48,572
NET BOOK VALUE
At 31 March 2024 59,830
At 31 March 2023 96,835

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 107,101 52,075

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 2,687 2,869
Hire purchase contracts 14,911 16,373
Trade creditors 5,111 -
Taxation and social security 29,639 22,106
Other creditors 43,733 41,415
96,081 82,763

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2,687
Hire purchase contracts 34,126 70,159
34,126 72,846

8. CONTINGENT LIABILITIES

As at 31 March 2024 the company had no contingent liabilities (2023 - £nil).

9. CAPITAL COMMITMENTS

As at 31 March 2024 the company had no capital commitments (2023 - £nil).

EVT (Scotland) Ltd (Registered number: SC685282)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

10. RELATED PARTY DISCLOSURES

As at 31 March 2024 included in other creditors is a balances due to Mr R Wallace of £33,903 (2023 - £34,325) and to Mr G Wallace of £279 (2023 - £3,160), directors of the company. There is no fixed repayment date and no interest charged thereon.