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REGISTERED NUMBER: 04816356 (England and Wales)








REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

M E EVANS LIMITED

M E EVANS LIMITED (REGISTERED NUMBER: 04816356)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


M E EVANS LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTOR: Mr W M Evans





SECRETARY: Mrs T Evans





REGISTERED OFFICE: Twining Cottage
Erbistock
Wrexham
Clwyd
LL13 0DE





REGISTERED NUMBER: 04816356 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

M E EVANS LIMITED (REGISTERED NUMBER: 04816356)

REPORT OF THE DIRECTOR
for the Year Ended 31 July 2024

The director presents his report with the financial statements of the company for the year ended 31 July 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of retailer of meat and meat related products.

DIRECTOR
Mr W M Evans held office during the whole of the period from 1 August 2023 to the date of this report.

His beneficial interest in the shares of the company, according to the register of directors' interests, was as follows:

31.7.24 1.8.23
Ordinary shares of £1 each 60 60

He did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr W M Evans - Director


22 January 2025

M E EVANS LIMITED (REGISTERED NUMBER: 04816356)

BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 16,311 20,824
16,311 20,824

CURRENT ASSETS
Inventories 6 4,807 4,588
Debtors 7 65,445 6,996
Cash at bank and in hand 68,064 153,818
138,316 165,402
CREDITORS
Amounts falling due within one year 8 (49,501 ) (66,893 )
NET CURRENT ASSETS 88,815 98,509
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,126

119,333

CREDITORS
Amounts falling due after more than one
year

9

(10,000

)

(20,000

)

PROVISIONS FOR LIABILITIES (3,282 ) (3,878 )
NET ASSETS 91,844 95,455

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 91,744 95,355
SHAREHOLDERS' FUNDS 91,844 95,455

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

M E EVANS LIMITED (REGISTERED NUMBER: 04816356)

BALANCE SHEET - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 January 2025 and were signed by:





Mr W M Evans - Director


M E EVANS LIMITED (REGISTERED NUMBER: 04816356)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

M E Evans 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Inventories 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 Statement of Income and Retained Earnings, 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.

M E EVANS LIMITED (REGISTERED NUMBER: 04816356)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 45,000
AMORTISATION
At 1 August 2023
and 31 July 2024 45,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 112,075 15,052 13,778 140,905
DEPRECIATION
At 1 August 2023 93,096 14,417 12,568 120,081
Charge for year 3,796 319 398 4,513
At 31 July 2024 96,892 14,736 12,966 124,594
NET BOOK VALUE
At 31 July 2024 15,183 316 812 16,311
At 31 July 2023 18,979 635 1,210 20,824

6. INVENTORIES
31.7.24 31.7.23
£    £   
Stocks 4,807 4,588

M E EVANS LIMITED (REGISTERED NUMBER: 04816356)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 1,820 4,750
Other debtors 63,625 2,246
65,445 6,996

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,515 11,461
Trade creditors 20,711 4,461
Taxation and social security 15,010 18,201
Other creditors 3,265 32,770
49,501 66,893

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 10,000 20,000

10. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Bank overdrafts 515 1,461

Bank loans and overdrafts are secured via a fixed and floating charge over the assets of the Company.

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
Mr W M Evans
Balance outstanding at start of year - -
Amounts advanced 60,640 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,640 -

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr W M Evans.