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REGISTERED NUMBER: 04688071 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st August 2024

for

Everyvalve Limited

Everyvalve Limited (Registered number: 04688071)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Everyvalve Limited

Company Information
for the Year Ended 31st August 2024







DIRECTORS: C Townsend
K S Husain





SECRETARY: K S Husain





REGISTERED OFFICE: 19 Station Close
Potters Bar
Hertfordshire
EN6 1TL





REGISTERED NUMBER: 04688071 (England and Wales)





ACCOUNTANTS: Spencer Hyde Limited
272 Regents Park Road
London
N3 3HN

Everyvalve Limited (Registered number: 04688071)

Statement of Financial Position
31st August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 403,998 406,441

CURRENT ASSETS
Stocks 100,000 99,000
Debtors 5 166,747 130,284
Investments 6 194,987 223,033
Cash at bank and in hand 719,798 619,864
1,181,532 1,072,181
CREDITORS
Amounts falling due within one year 7 156,394 96,981
NET CURRENT ASSETS 1,025,138 975,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,429,136

1,381,641

PROVISIONS FOR LIABILITIES 19,596 26,784
NET ASSETS 1,409,540 1,354,857

CAPITAL AND RESERVES
Called up share capital 5,300 5,300
Share premium 5,700 5,700
Revaluation reserve 8 50,604 77,562
Retained earnings 1,347,936 1,266,295
SHAREHOLDERS' FUNDS 1,409,540 1,354,857

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Everyvalve Limited (Registered number: 04688071)

Statement of Financial Position - continued
31st August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st January 2025 and were signed on its behalf by:





C Townsend - Director


Everyvalve Limited (Registered number: 04688071)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. STATUTORY INFORMATION

Everyvalve 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of current asset investments.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 1% on cost of freehold (excluding land)
Improvements to property - 2% on cost
Plant and machinery - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 9 (2023 - 9 ) .

Everyvalve Limited (Registered number: 04688071)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery Totals
£    £    £    £   
COST
At 1st September 2023 412,297 11,916 55,897 480,110
Additions - - 2,942 2,942
At 31st August 2024 412,297 11,916 58,839 483,052
DEPRECIATION
At 1st September 2023 24,000 4,678 44,991 73,669
Charge for year 2,000 238 3,147 5,385
At 31st August 2024 26,000 4,916 48,138 79,054
NET BOOK VALUE
At 31st August 2024 386,297 7,000 10,701 403,998
At 31st August 2023 388,297 7,238 10,906 406,441

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 165,130 128,667
Other debtors 1,617 1,617
166,747 130,284

6. CURRENT ASSET INVESTMENTS

2024 2023
£    £   
Fair value 1 September 2023 223,032 267,821
Additions 238 652
Disposal - -
Net gains or losses from fair value adjustments -28,283 -45,441
Fair value at 31 August 2024 194,987 223,032

The current asset investments are valued at the market value at the balance sheet date.

Everyvalve Limited (Registered number: 04688071)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 84,268 34,852
Taxation and social security 58,044 46,318
Other creditors 14,082 15,811
156,394 96,981

8. RESERVES
Revaluation
reserve
£   
At 1st September 2023 77,562
P&L transfer (26,958 )

At 31st August 2024 50,604