2023-04-012024-03-312024-03-31false13291653Everything is Relative 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Everything is Relative Limited

Registered Number
13291653
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Everything is Relative Limited
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

Daniel Christopher Bird
Jake Richards
Steven Michael Andrew McKevitt

Registered Address

Balmoral House, Warwick Court Park Road
Middleton
Manchester
M24 1AE

Registered Number

13291653 (England and Wales)
Everything is Relative Limited
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets330,26223,457
30,26223,457
Current assets
Debtors44,177303,668
Cash at bank and on hand956,659474,153
1,000,836777,821
Creditors amounts falling due within one year(260,030)(272,005)
Net current assets (liabilities)740,806505,816
Total assets less current liabilities771,068529,273
Net assets771,068529,273
Capital and reserves
Called up share capital103103
Profit and loss account770,965529,170
Shareholders' funds771,068529,273
The financial statements were approved and authorised for issue by the Board of Directors on 5 June 2024, and are signed on its behalf by:
Daniel Christopher Bird
Director
Registered Company No. 13291653
Everything is Relative Limited
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 2327,400
Additions13,514
At 31 March 2440,914
Depreciation and impairment
At 01 April 233,943
Charge for year6,709
At 31 March 2410,651
Net book value
At 31 March 2430,262
At 31 March 2323,457