Acorah Software Products - Accounts Production 16.0.110 false true false 21 March 2023 31 March 2024 31 March 2024 14745790 Mr G Burns Mr T Goldthorpe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14745790 2023-03-20 14745790 2024-03-31 14745790 2023-03-21 2024-03-31 14745790 frs-core:CurrentFinancialInstruments 2024-03-31 14745790 frs-core:ShareCapital 2024-03-31 14745790 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14745790 frs-bus:PrivateLimitedCompanyLtd 2023-03-21 2024-03-31 14745790 frs-bus:FilletedAccounts 2023-03-21 2024-03-31 14745790 frs-bus:SmallEntities 2023-03-21 2024-03-31 14745790 frs-bus:AuditExempt-NoAccountantsReport 2023-03-21 2024-03-31 14745790 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-21 2024-03-31 14745790 frs-bus:Director1 2023-03-21 2024-03-31 14745790 frs-bus:Director2 2023-03-21 2024-03-31 14745790 frs-countries:EnglandWales 2023-03-21 2024-03-31
Registered number: 14745790
Evolve Property Refurbishments Ltd
Unaudited Financial Statements
For the Period 21 March 2023 to 31 March 2024
Search Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14745790
31 March 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 185,000
185,000
CURRENT ASSETS
Debtors 5 17,839
Cash at bank and in hand 48
17,887
Creditors: Amounts Falling Due Within One Year 6 (210,392 )
NET CURRENT ASSETS (LIABILITIES) (192,505 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,505 )
NET LIABILITIES (7,505 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (7,506 )
SHAREHOLDERS' FUNDS (7,505)
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For the period 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 G Burns
Director
20/11/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Evolve Property Refurbishments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14745790 . The registered office is 23 Benton Park Drive, Rawdon, Leeds, LS19 6AN.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investment Property
31 March 2024
£
Fair Value
As at 21 March 2023 and 31 March 2024 185,000
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5. Debtors
31 March 2024
£
Due within one year
Other debtors 17,839
6. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Bank loans and overdrafts 158,453
Other loans 35,000
Amounts owed to group undertakings 15,499
Other creditors 1,440
210,392
7. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 1
8. Related Party Transactions
Amount due to the Related Party Evolve Property Partners Limited as at the balance sheet date was £8,000.00.
Amount due to the Related Party Evolve Properties Refurbishments Limited as at the balance sheet date was £7,500.00.
Amount due from the Related Party Evolve Property Organisation Limited as at the balance sheet date was £1.00.
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