Registered number
10627239
M Evans FS Limited
Unaudited Filleted Accounts
28 February 2025
API Partnership Limited t/a Chandler & Georges
Chartered Accountants
75 Westow Hill
Crystal Palace
London
SE19 1TX
Ph: 0208 761 2213
www.cgca.co.uk
M Evans FS Limited
Registered number: 10627239
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 780 335
Investments 4 45 45
825 380
Current assets
Debtors 5 42,000 30,640
Investments held as current assets 6 - 44,488
Cash at bank and in hand 13,764 5,680
55,764 80,808
Creditors: amounts falling due within one year 7 (10,367) (17,019)
Net current assets 45,397 63,789
Net assets 46,222 64,169
Capital and reserves
Called up share capital 10 10
Profit and loss account 46,212 64,159
Shareholders' funds 46,222 64,169
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mark Evans
Director
Approved by the board on 4 August 2025
M Evans FS Limited
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2024 1,088
Additions 696
At 28 February 2025 1,784
Depreciation
At 1 March 2024 753
Charge for the year 251
At 28 February 2025 1,004
Net book value
At 28 February 2025 780
At 29 February 2024 335
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 March 2024 45
At 28 February 2025 45
5 Debtors 2025 2024
£ £
Other debtors 42,000 30,640
6 Investments held as current assets 2025 2024
£ £
Fair value
Listed investments - 44,488
Increase/(decrease) in fair value included in the profit and loss account for the financial year
Listed investments - 7,978
7 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 7,064 14,306
Other creditors 3,303 2,713
10,367 17,019
8 Controlling party
The company is controlled by Mark Evans who owns 100% shares of the company.
9 Other information
M Evans FS Limited is a private company limited by shares and incorporated in England. Its registered office is:
75 Westow Hill
Crystal Palace
London
SE19 1TX
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