REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st August 2024 |
for |
Everyvalve Limited |
REGISTERED NUMBER: |
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: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Investments | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Revaluation reserve | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
Everyvalve Limited (Registered number: 04688071) |
Notes to the Financial Statements |
for the Year Ended 31st August 2024 |
1. | STATUTORY INFORMATION |
Everyvalve Limited is a |
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 |
Freehold property | - |
Improvements to property | - |
Plant and machinery | - |
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 |
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 |
Additions |
At 31st August 2024 |
DEPRECIATION |
At 1st September 2023 |
Charge for year |
At 31st August 2024 |
NET BOOK VALUE |
At 31st August 2024 |
At 31st August 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
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 |
Taxation and social security |
Other creditors |
8. | RESERVES |
Revaluation |
reserve |
£ |
At 1st September 2023 |
P&L transfer | (26,958 | ) |
At 31st August 2024 |