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REGISTERED NUMBER: 05043489 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Evabel Limited

Evabel Limited (Registered number: 05043489)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Evabel Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs A J Bell
S Bell





REGISTERED OFFICE: Unit 6
Fairfield Business Park
Longsight Road, Clayton Le Dale
Blackburn
Lancashire
BB2 7JA





REGISTERED NUMBER: 05043489 (England and Wales)





ACCOUNTANTS: Xeinadin
Ground Floor
Citygate
Longridge Road
Preston
Lancashire
PR2 5BQ

Evabel Limited (Registered number: 05043489)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 28,898 18,832

CURRENT ASSETS
Stocks 92,919 134,683
Debtors 5 207,737 179,068
Cash at bank and in hand 199 41,130
300,855 354,881
CREDITORS
Amounts falling due within one year 6 274,396 283,301
NET CURRENT ASSETS 26,459 71,580
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,357

90,412

CREDITORS
Amounts falling due after more than
one year

7

(4,184

)

(14,166

)

PROVISIONS FOR LIABILITIES (7,225 ) (6,360 )
NET ASSETS 43,948 69,886

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 43,848 69,786
SHAREHOLDERS' FUNDS 43,948 69,886

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Evabel Limited (Registered number: 05043489)

Balance Sheet - continued
31 December 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 12 May 2025 and were signed on its behalf by:





S Bell - Director


Evabel Limited (Registered number: 05043489)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Evabel 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.

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.

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.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 15% on cost

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

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.

Evabel Limited (Registered number: 05043489)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 18 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 18,061 28,276 13,353
Additions - - -
Disposals - - -
At 31 December 2024 18,061 28,276 13,353
DEPRECIATION
At 1 January 2024 12,089 23,297 6,391
Charge for year 3,613 1,733 2,671
Eliminated on disposal - - -
At 31 December 2024 15,702 25,030 9,062
NET BOOK VALUE
At 31 December 2024 2,359 3,246 4,291
At 31 December 2023 5,972 4,979 6,962

Evabel Limited (Registered number: 05043489)

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

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 11,800 3,888 75,378
Additions 20,015 - 20,015
Disposals (11,800 ) - (11,800 )
At 31 December 2024 20,015 3,888 83,593
DEPRECIATION
At 1 January 2024 11,800 2,969 56,546
Charge for year 1,668 264 9,949
Eliminated on disposal (11,800 ) - (11,800 )
At 31 December 2024 1,668 3,233 54,695
NET BOOK VALUE
At 31 December 2024 18,347 655 28,898
At 31 December 2023 - 919 18,832

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 206,576 179,068
Tax 1,161 -
207,737 179,068

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 16,433 10,000
Trade creditors 112,199 110,110
Tax - 21,377
Social security and other taxes 11,215 11,272
Other creditors 23,827 35,492
VAT creditor 36,608 36,838
Directors' loan accounts 50,000 28,235
Accrued expenses 24,114 29,977
274,396 283,301

Evabel Limited (Registered number: 05043489)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 4,184 14,166

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 6,433 -
Bounce Back Loan 10,000 10,000
16,433 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 4,184 14,166

The bank loan is repayable in instalments over 6 years. The loan is guaranteed by the government and carries an interest rate of 2.5%.