EV Autoship Limited 15221972 false 2023-10-19 2024-09-30 2024-09-30 The principal activity of the company is Sea & costal freight water transport Digita Accounts Production Advanced 6.30.9574.0 true true 15221972 2023-10-19 2024-09-30 15221972 2024-09-30 15221972 bus:OrdinaryShareClass1 2024-09-30 15221972 core:CurrentFinancialInstruments 2024-09-30 15221972 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 15221972 bus:SmallEntities 2023-10-19 2024-09-30 15221972 bus:AuditExemptWithAccountantsReport 2023-10-19 2024-09-30 15221972 bus:FilletedAccounts 2023-10-19 2024-09-30 15221972 bus:SmallCompaniesRegimeForAccounts 2023-10-19 2024-09-30 15221972 bus:RegisteredOffice 2023-10-19 2024-09-30 15221972 bus:Director1 2023-10-19 2024-09-30 15221972 bus:OrdinaryShareClass1 2023-10-19 2024-09-30 15221972 bus:PrivateLimitedCompanyLtd 2023-10-19 2024-09-30 15221972 1 2023-10-19 2024-09-30 15221972 countries:AllCountries 2023-10-19 2024-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15221972

EV Autoship Limited

Unaudited Filleted Financial Statements

for the Period from 19 October 2023 to 30 September 2024

 

EV Autoship Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

EV Autoship Limited

(Registration number: 15221972)
Balance Sheet as at 30 September 2024

Note

2024
£

       

Current assets

   

Debtors

4

 

61,686

Cash at bank and in hand

   

48,630

   

110,316

Creditors: Amounts falling due within one year

5

 

(75,676)

Net assets

   

34,640

Capital and reserves

   

Called up share capital

6

100

 

Retained earnings

34,540

 

Shareholders' funds

   

34,640

For the financial period ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 January 2025
 

.........................................
R J Grimes
Director

 

EV Autoship Limited

Notes to the Unaudited Financial Statements for the Period from 19 October 2023 to 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Ricketts House
Stourton Business Park
Wakefield Rd
Leeds
LS10 1DS

These financial statements were authorised for issue by the director on 30 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 disclosure and presentation requirements of Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentation currency is pound sterling.

Summary of disclosure exemptions

The company has taken advantage of the exemption under Financial Reporting Standard 102 Section 1AC.35 from disclosing transactions and balances with fellow group undertakings that are wholly owned.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

EV Autoship Limited

Notes to the Unaudited Financial Statements for the Period from 19 October 2023 to 30 September 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

 

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

EV Autoship Limited

Notes to the Unaudited Financial Statements for the Period from 19 October 2023 to 30 September 2024

4

Debtors

Current

2024
£

Amounts owed by related parties

54,480

Prepayments

6,866

Other debtors

340

 

61,686

5

Creditors

2024
£

Due within one year

Trade creditors

26

Taxation and social security

11,000

Accruals and deferred income

64,650

75,676

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary shares of £1 each

100

100

   

7

Parent and ultimate parent undertaking

The company's immediate parent is Carry Cargo Group Limited, incorporated in England and Wales.