Evielou Limited 15019226 false 2023-07-21 2024-07-31 2024-07-31 The principal activity of the company is the development and wholesale of alcoholic drinks. Digita Accounts Production Advanced 6.30.9574.0 true true 15019226 2023-07-21 2024-07-31 15019226 2024-07-31 15019226 core:RetainedEarningsAccumulatedLosses 2024-07-31 15019226 core:ShareCapital 2024-07-31 15019226 core:CurrentFinancialInstruments 2024-07-31 15019226 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 15019226 core:OfficeEquipment 2024-07-31 15019226 core:PlantMachinery 2024-07-31 15019226 bus:SmallEntities 2023-07-21 2024-07-31 15019226 bus:AuditExemptWithAccountantsReport 2023-07-21 2024-07-31 15019226 bus:FilletedAccounts 2023-07-21 2024-07-31 15019226 bus:SmallCompaniesRegimeForAccounts 2023-07-21 2024-07-31 15019226 bus:RegisteredOffice 2023-07-21 2024-07-31 15019226 bus:Director1 2023-07-21 2024-07-31 15019226 bus:Director2 2023-07-21 2024-07-31 15019226 bus:PrivateLimitedCompanyLtd 2023-07-21 2024-07-31 15019226 core:OfficeEquipment 2023-07-21 2024-07-31 15019226 core:PlantMachinery 2023-07-21 2024-07-31 15019226 countries:EnglandWales 2023-07-21 2024-07-31 iso4217:GBP xbrli:pure

Registration number: 15019226

Evielou Limited

Annual Report and Unaudited Filleted Financial Statements

for the Period from 21 July 2023 to 31 July 2024

 

Evielou Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Evielou Limited

Company Information

Directors

J J Wilton

D L Wilton

Registered office

Wells Touring Park
Haybridge
Wells
Somerset
BA5 1AJ

Accountants

Burton Sweet Limited
Chartered Accountancts and Business Advisors
Cooper House
Lower Charlton Trading Estate
Shepton Mallet
Somerset
BA4 5QE

 

Evielou Limited

(Registration number: 15019226)
Balance Sheet
31 July 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

3,519

Current assets

 

Stocks

5

27,860

Debtors

6

8,478

Cash at bank and in hand

 

7,241

 

43,579

Creditors: Amounts falling due within one year

7

(66,929)

Net current liabilities

 

(23,350)

Net liabilities

 

(19,831)

Capital and reserves

 

Called up share capital

100

Retained earnings

(19,931)

Shareholders' deficit

 

(19,831)

 

Evielou Limited

(Registration number: 15019226)
Balance Sheet
31 July 2024

For the financial period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 March 2025 and signed on its behalf by:
 

.........................................
J J Wilton
Director

 

Evielou Limited

Notes to the Unaudited Financial Statements
Period from 21 July 2023 to 31 July 2024

1

General information

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

The address of its registered office is:
Wells Touring Park
Haybridge
Wells
Somerset
BA5 1AJ

These financial statements were authorised for issue by the Board on 18 March 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 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Evielou Limited

Notes to the Unaudited Financial Statements
Period from 21 July 2023 to 31 July 2024

Tax

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Event Equipment

20% straight line per annum

Office Equipment

20% straight line per annum

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Evielou Limited

Notes to the Unaudited Financial Statements
Period from 21 July 2023 to 31 July 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Evielou Limited

Notes to the Unaudited Financial Statements
Period from 21 July 2023 to 31 July 2024

4

Tangible assets

Event equipment
£

Office equipment
£

Total
£

Cost or valuation

Additions

2,322

2,079

4,401

At 31 July 2024

2,322

2,079

4,401

Depreciation

Charge for the period

466

416

882

At 31 July 2024

466

416

882

Carrying amount

At 31 July 2024

1,856

1,663

3,519

5

Stocks

2024
£

Other inventories

27,860

6

Debtors

2024
£

Other debtors

8,478

8,478

 

Evielou Limited

Notes to the Unaudited Financial Statements
Period from 21 July 2023 to 31 July 2024

7

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Trade creditors

356

Accruals and deferred income

1,036

Other creditors

65,537

66,929