3 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 89,068 12,133 101,201 23,987 23,987 65,081 xbrli:pure xbrli:shares iso4217:GBP 13117111 2024-04-01 2025-03-31 13117111 2025-03-31 13117111 2024-03-31 13117111 2023-04-01 2024-03-31 13117111 2024-03-31 13117111 2023-03-31 13117111 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 13117111 core:PlantMachinery 2024-04-01 2025-03-31 13117111 bus:Director1 2024-04-01 2025-03-31 13117111 bus:Director2 2024-04-01 2025-03-31 13117111 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 13117111 core:PlantMachinery 2024-03-31 13117111 core:PlantMachinery 2025-03-31 13117111 core:WithinOneYear 2025-03-31 13117111 core:WithinOneYear 2024-03-31 13117111 core:ShareCapital 2025-03-31 13117111 core:ShareCapital 2024-03-31 13117111 core:RetainedEarningsAccumulatedLosses 2025-03-31 13117111 core:RetainedEarningsAccumulatedLosses 2024-03-31 13117111 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 13117111 core:PlantMachinery 2024-03-31 13117111 bus:Director2 2024-03-31 13117111 bus:Director2 2025-03-31 13117111 bus:SmallEntities 2024-04-01 2025-03-31 13117111 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13117111 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13117111 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13117111 bus:FullAccounts 2024-04-01 2025-03-31 13117111 core:OfficeEquipment 2024-04-01 2025-03-31 13117111 core:OfficeEquipment 2024-03-31 13117111 core:OfficeEquipment 2025-03-31
COMPANY REGISTRATION NUMBER: 13117111
EVE IT LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2025
EVE IT LIMITED
STATEMENT OF FINANCIAL POSITION
31 March 2025
2025
2024
Note
£
£
£
£
FIXED ASSETS
Intangible assets
5
65,081
Tangible assets
6
1,385
3,109
-------
--------
1,385
68,190
CURRENT ASSETS
Stocks
310,644
310,206
Debtors
7
64,544
227,469
Cash at bank and in hand
7,976
7,873
---------
---------
383,164
545,548
CREDITORS: amounts falling due within one year
8
715,318
612,350
---------
---------
NET CURRENT LIABILITIES
332,154
66,802
---------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 330,769)
1,388
---------
-------
NET (LIABILITIES)/ASSETS
( 330,769)
1,388
---------
-------
CAPITAL AND RESERVES
Called up share capital fully paid
100
100
Profit and loss account
( 330,869)
1,288
---------
-------
SHAREHOLDERS (DEFICIT)/FUNDS
( 330,769)
1,388
---------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
EVE IT LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 14 July 2025 , and are signed on behalf of the board by:
Mr T J Skipper
Mr R C Bale
Director
Director
Company registration number: 13117111
EVE IT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit B2 Loades Eco Parc, Blackhorse Road, Coventry, CV7 9FW.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Website costs
-
15% reducing balance
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
33% straight line
Equipment
-
33% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 3 (2024: 4 ).
5. INTANGIBLE ASSETS
Website
£
Cost
At 1 April 2024
89,068
Additions
12,133
Disposals
( 101,201)
---------
At 31 March 2025
---------
Amortisation
At 1 April 2024
23,987
Charge for the year
Disposals
( 23,987)
---------
At 31 March 2025
---------
Carrying amount
At 31 March 2025
---------
At 31 March 2024
65,081
---------
6. TANGIBLE ASSETS
Plant and machinery
Equipment
Total
£
£
£
Cost
At 1 April 2024
4,992
919
5,911
Additions
290
290
-------
-------
-------
At 31 March 2025
4,992
1,209
6,201
-------
-------
-------
Depreciation
At 1 April 2024
2,496
306
2,802
Charge for the year
1,664
350
2,014
-------
-------
-------
At 31 March 2025
4,160
656
4,816
-------
-------
-------
Carrying amount
At 31 March 2025
832
553
1,385
-------
-------
-------
At 31 March 2024
2,496
613
3,109
-------
-------
-------
7. DEBTORS
2025
2024
£
£
Trade debtors
17,982
10,013
Other debtors
46,562
217,456
--------
---------
64,544
227,469
--------
---------
8. CREDITORS: amounts falling due within one year
2025
2024
£
£
Trade creditors
10,663
7,689
Corporation tax
46,623
59,659
Social security and other taxes
77,406
51,638
Other creditors
580,626
493,364
---------
---------
715,318
612,350
---------
---------
9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr R C Bale
( 758)
40,600
39,842
----
--------
--------
2024
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr R C Bale
----
----
----