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REGISTERED NUMBER: 01430295


















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Evradale Limited

Evradale Limited (Registered number: 01430295)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

Evradale Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs S E Burkey
Mrs D J Spice





SECRETARY: Mrs S E Burkey





REGISTERED OFFICE: Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ





REGISTERED NUMBER: 01430295





ACCOUNTANTS: Xeinadin Billericay Limited
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Evradale Limited (Registered number: 01430295)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,700,000 2,700,000

CURRENT ASSETS
Debtors 5 2,282,500 2,047,000
Cash at bank 33,197 67,769
2,315,697 2,114,769
CREDITORS
Amounts falling due within one year 6 2,612,184 2,411,308
NET CURRENT LIABILITIES (296,487 ) (296,539 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,403,513

2,403,461

PROVISIONS FOR LIABILITIES 7 512,578 512,578
NET ASSETS 1,890,935 1,890,883

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 1,800,452 1,800,452
Retained earnings 90,383 90,331
SHAREHOLDERS' FUNDS 1,890,935 1,890,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Evradale Limited (Registered number: 01430295)

Balance Sheet - continued
30 June 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 13 March 2025 and were signed on its behalf by:





Mrs S E Burkey - Director


Evradale Limited (Registered number: 01430295)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Evradale Limited is a private company, limited by shares, registered in the United Kingdom. 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the value of sales to customers, net of discounts, allowances, volume and promotional rebates and other payments to customers and excludes VAT. Sale of service is recognised when the company has delivered service to the customer and collectability of the related receivable is reasonably assured.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 2,700,000
NET BOOK VALUE
At 30 June 2024 2,700,000
At 30 June 2023 2,700,000

Evradale Limited (Registered number: 01430295)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INVESTMENT PROPERTY - continued

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2009 2,163,030
Valuation in 2023 150,000
Cost 386,970
2,700,000

If investment property had not been revalued it would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 386,970 386,970

Investment property was valued on an open market basis on 30 June 2020 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 169,000 66,500
Amounts owed by associates 1,930,500 1,609,000
Prepayments and accrued income 183,000 371,500
2,282,500 2,047,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed to associates 1,844,184 1,915,292
Taxation and social security 18,399 16,068
Other creditors 749,601 479,948
2,612,184 2,411,308

7. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax
Capital gains 512,578 512,578

Deferred
tax
£   
Balance at 1 July 2023 512,578
Balance at 30 June 2024 512,578

Evradale Limited (Registered number: 01430295)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

Information about related party transactions and outstanding balances are outlined below:

30.06.2024 30.06.2023
Other related parties £ £
Management fees charged 552,000 311,500
Management fees incurred 690,000 420,000
Outstanding balances due from / (to) related parties 86,317 (306,292 )

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Evradale Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Evradale Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Evradale Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Evradale Limited and state those matters that we have agreed to state to the Board of Directors of Evradale Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Evradale Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Evradale Limited. You consider that Evradale Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Evradale Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Xeinadin Billericay Limited
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ


Date: .............................................