IRIS Accounts Production v25.1.4.42 04856609 director 1.10.23 30.9.24 30.9.24 12.6.25 true false true false false true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04856609 2023-09-30 04856609 2024-09-30 04856609 2023-10-01 2024-09-30 04856609 2022-09-30 04856609 2022-10-01 2023-09-30 04856609 2023-09-30 04856609 ns15:EnglandWales 2023-10-01 2024-09-30 04856609 ns14:PoundSterling 2023-10-01 2024-09-30 04856609 ns10:Director1 2023-10-01 2024-09-30 04856609 ns10:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04856609 ns10:SmallEntities 2023-10-01 2024-09-30 04856609 ns10:Audited 2023-10-01 2024-09-30 04856609 ns10:SmallCompaniesRegimeForDirectorsReport 2023-10-01 2024-09-30 04856609 ns10:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04856609 ns10:FullAccounts 2023-10-01 2024-09-30 04856609 ns10:CompanySecretary1 2023-10-01 2024-09-30 04856609 ns10:RegisteredOffice 2023-10-01 2024-09-30 04856609 ns5:CurrentFinancialInstruments 2024-09-30 04856609 ns5:CurrentFinancialInstruments 2023-09-30 04856609 ns5:ShareCapital 2024-09-30 04856609 ns5:ShareCapital 2023-09-30 04856609 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 04856609 ns5:RetainedEarningsAccumulatedLosses 2023-09-30 04856609 ns5:FurnitureFittings 2023-10-01 2024-09-30 04856609 ns5:ComputerEquipment 2023-10-01 2024-09-30 04856609 ns5:PlantMachinery 2023-09-30 04856609 ns5:PlantMachinery 2023-10-01 2024-09-30 04856609 ns5:PlantMachinery 2024-09-30 04856609 ns5:PlantMachinery 2023-09-30 04856609 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 04856609 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-09-30 04856609 ns5:WithinOneYear 2024-09-30 04856609 ns5:WithinOneYear 2023-09-30 04856609 ns5:BetweenOneFiveYears 2024-09-30 04856609 ns5:BetweenOneFiveYears 2023-09-30 04856609 ns5:AllPeriods 2024-09-30 04856609 ns5:AllPeriods 2023-09-30

REGISTERED NUMBER: 04856609 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |

| FOR |

| EVERGOOD ASSOCIATES LIMITED |

EVERGOOD ASSOCIATES LIMITED (REGISTERED NUMBER: 04856609) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| EVERGOOD ASSOCIATES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2024

| DIRECTOR: | M C Healy

| SECRETARY: | Ms J Timms

| REGISTERED OFFICE: | Evergood House

| The Chase

| John Tate Road

| Hertford

| Hertfordshire

| SG13 7NN

| REGISTERED NUMBER: | 04856609 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Mr Jeffrey Oliver

| AUDITORS: | Cook and Partners Limited

| Chartered Accountants

| and Registered Auditors

| Manufactory House

| Bell Lane

| Hertford

| Hertfordshire

| SG14 1BP

EVERGOOD ASSOCIATES LIMITED (REGISTERED NUMBER: 04856609) |

BALANCE SHEET

30 SEPTEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 15,752 |  | 13,797 |  |

CURRENT ASSETS

Debtors | 5 | 2,252,844 |  | 2,491,886 |  |

Cash at bank | 149,228 |  | 335,911 |  |

2,402,072 |  | 2,827,797 |  |

CREDITORS

Amounts falling due within one year | 6 | 2,337,298 |  | 2,793,327 |  |

NET CURRENT ASSETS | 64,774 |  | 34,470 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 80,526 |  | 48,267 |  |

CAPITAL AND RESERVES

Called up share capital | 4 |  | 4 |  |

Retained earnings | 80,522 |  | 48,263 |  |

SHAREHOLDERS' FUNDS | 80,526 |  | 48,267 |  |

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 June 2025 and were signed by:

M C Healy - Director

EVERGOOD ASSOCIATES LIMITED (REGISTERED NUMBER: 04856609) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. | STATUTORY INFORMATION

| Evergood Associates 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.

| The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Further, the ultimate parent undertaking MH 4 Limited continues to support the company by way of loan funding and has not indicated that such support will be withdrawn in the foreseeable future. Therefore the financial statements for the year ended 30th September 2024 have been prepared using the going concern basis of accounting.

| Significant judgements and estimates

| In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

| Turnover

| Sales are recognised on the date services of temporary workers are provided to the customer. Sales in relation to permanent staff are recognised on the date permanent employment commences.

| All sales are recognised net of value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 20% on cost

| Office equipment | - | 20% on cost

| Financial instruments

| The director considers all financial instruments to be basic financial instruments in accordance with Section 11 of the Financial Reporting Standard 102 applicable in the UK and Republic of Ireland.

| Trade and other receivables and payables

| Trade and other receivables and payables are measured at amortised cost which approximates to fair value given the short term nature of these assets and liabilities.

| Trade receivables are valued at original invoice amount less an allowance for potentially un-collectable debts.Provision is made where this is objective evidence to suggest that the company will not be in a position to collect receivables as they fall due. Bad and Doubtful debts are written off in the profit and loss account on identification.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash balances held for the purposes of meeting short-term cash commitments.

EVERGOOD ASSOCIATES LIMITED (REGISTERED NUMBER: 04856609) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 taxation

| 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.

| 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 25 (2023 - 22 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 October 2023 | 170,589 |  |

| Additions | 8,316 |  |

| At 30 September 2024 | 178,905 |  |

| DEPRECIATION

| At 1 October 2023 | 156,792 |  |

| Charge for year | 6,361 |  |

| At 30 September 2024 | 163,153 |  |

| NET BOOK VALUE

| At 30 September 2024 | 15,752 |  |

| At 30 September 2023 | 13,797 |  |

EVERGOOD ASSOCIATES LIMITED (REGISTERED NUMBER: 04856609) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 2,222,596 |  | 2,457,178 |  |

| Amounts owed by group undertakings | 12,237 |  | 15,566 |  |

| Amounts owed by associates | 3,540 |  | - |  |

| Other debtors | 14,471 |  | 19,142 |  |

2,252,844 |  | 2,491,886 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade creditors | 299,871 |  | 299,497 |  |

| Amounts owed to group undertakings | 1,630,842 |  | 1,810,939 |  |

| Taxation and social security | 342,668 |  | 596,147 |  |

| Other creditors | 63,917 |  | 86,744 |  |

2,337,298 |  | 2,793,327 |  |

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2024 | 2023 |

£ | £ |

| Within one year | 49,445 |  | 50,280 |  |

| Between one and five years | 21,374 |  | 65,911 |  |

70,819 |  | 116,191 |  |

8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Mr Jeffrey Oliver (Senior Statutory Auditor)

| for and on behalf of Cook and Partners Limited

9. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| In accordance with FRS102 1A material transactions with related parties which the company has entered into which have not been concluded under normal market conditions must be disclosed within the financial statements. The director considers that all transactions with related parties have been concluded under normal market conditions and therefore no disclosures are required.

10. | ULTIMATE CONTROLLING PARTY

| The immediate parent undertaking is MH4 Limited, a Company incorporated in England and Wales, whose registered office is Bayford House, Bayford, Hertfordshire, England, SG13 8PX. The Company's results are consolidated into the accounts of MH4 Limited and the copies of the consolidated financial statements can be obtained from the registered office.

| The ultimate controlling parties are M Healy, E Healy, R Healy, S Healy and P Healy