EVE UTILITY LTD

Company Registration Number:
11166064 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

EVE UTILITY LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

EVE UTILITY LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 60,746 98,641
Total fixed assets: 60,746 98,641
Current assets
Debtors:   101,012 44,527
Cash at bank and in hand: 22,277 8,571
Total current assets: 123,289 53,098
Creditors: amounts falling due within one year:   (183,881) (162,880)
Net current assets (liabilities): (60,592) (109,782)
Total assets less current liabilities: 154 (11,141)
Total net assets (liabilities): 154 (11,141)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 153 (11,142)
Shareholders funds: 154 (11,141)

The notes form part of these financial statements

EVE UTILITY LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 January 2025
and signed on behalf of the board by:

Name: A LUPSA
Status: Director

The notes form part of these financial statements

EVE UTILITY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis; Plant and equipment - 25% straight line basis; Computers - 25% straight line basis; Motor vehicles - 20% straight line basis. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Other accounting policies

Current tax The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date. Deferred tax Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

EVE UTILITY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

EVE UTILITY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 188,431
At 31 January 2024 188,431
Depreciation
At 01 February 2023 89,790
Charge for year 37,895
At 31 January 2024 127,685
Net book value
At 31 January 2024 60,746
At 31 January 2023 98,641

EVE UTILITY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Related party transactions

At the balance sheet date the company owed Mr A Lupsa, the director of the company £14,135 (2023:£29,403 was owed by the director). Included in other creditors is a balance of £91,673 (2023: £89,296) owed to Boss Contracts Ltd, a company under common control.