Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 2 August 2022 false 1 September 2023 31 August 2024 31 August 2024 14271382 Mr Tariq Muhammad iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14271382 2023-08-31 14271382 2024-08-31 14271382 2023-09-01 2024-08-31 14271382 frs-core:CurrentFinancialInstruments 2024-08-31 14271382 frs-core:Non-currentFinancialInstruments 2024-08-31 14271382 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 14271382 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 14271382 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 14271382 frs-core:RevaluationReserve 2023-09-01 2024-08-31 14271382 frs-core:RevaluationReserve 2024-08-31 14271382 frs-core:ShareCapital 2024-08-31 14271382 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 14271382 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 14271382 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 14271382 frs-bus:SmallEntities 2023-09-01 2024-08-31 14271382 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 14271382 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 14271382 frs-bus:Director1 2023-09-01 2024-08-31 14271382 frs-countries:EnglandWales 2023-09-01 2024-08-31 14271382 2022-08-01 14271382 2023-08-31 14271382 2022-08-02 2023-08-31 14271382 frs-core:CurrentFinancialInstruments 2023-08-31 14271382 frs-core:Non-currentFinancialInstruments 2023-08-31 14271382 frs-core:RevaluationReserve 2023-08-31 14271382 frs-core:ShareCapital 2023-08-31 14271382 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 14271382
Evergreen Blue Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14271382
31 August 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 966,190
Investment Properties 5 997,497 -
997,497 966,190
CURRENT ASSETS
Stocks 6 207,528 204,738
Debtors 7 40,903 27,703
Cash at bank and in hand 11,823 18,641
260,254 251,082
Creditors: Amounts Falling Due Within One Year 8 (125,601 ) (64,869 )
NET CURRENT ASSETS (LIABILITIES) 134,653 186,213
TOTAL ASSETS LESS CURRENT LIABILITIES 1,132,150 1,152,403
Creditors: Amounts Falling Due After More Than One Year 9 (1,173,376 ) (1,173,376 )
NET LIABILITIES (41,226 ) (20,973 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 20,536 -
Profit and Loss Account (61,862 ) (21,073 )
SHAREHOLDERS' FUNDS (41,226) (20,973)
Page 1
Page 2
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Tariq Muhammad
Director
19 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Evergreen Blue Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14271382 . The registered office is C/O Invatech Health Ltd Knitwear House, Unit 3, Redding Road, Bristol, BS5 6FW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
There were no employees during the period NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 September 2023 986,726
Disposals (986,726 )
As at 31 August 2024 -
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 September 2023 20,536
Disposals (20,536 )
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 966,190
5. Investment Property
31 August 2024
£
Fair Value
As at 1 September 2023 -
Additions 997,497
As at 31 August 2024 997,497
6. Stocks
31 August 2024 31 August 2023
£ £
Work in progress 207,528 204,738
7. Debtors
31 August 2024 31 August 2023
£ £
Due within one year
Trade debtors 3,000 6,000
Prepayments and accrued income 980 1,703
Other debtors 36,923 20,000
40,903 27,703
8. Creditors: Amounts Falling Due Within One Year
31 August 2024 31 August 2023
£ £
Trade creditors 127 117
VAT 869 1,152
Accruals and deferred income 63 63,600
Amounts owed to related parties 124,542 -
125,601 64,869
9. Creditors: Amounts Falling Due After More Than One Year
31 August 2024 31 August 2023
£ £
Directors loan account 1,173,376 1,173,376
Page 4
Page 5
10. Share Capital
31 August 2024 31 August 2023
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Revaluation Reserve
£
Net investment property revaluation reserve 20,536
As at 31 August 2024 20,536
Page 5