Evergreen Residential Property Services - Accounts to registrar (filleted)

REGISTERED NUMBER: 06055818 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Evergreen Residential Property Services

Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J K Salter

SECRETARY:

Ms J A Goodger

REGISTERED OFFICE:

Cheldgate House

45 High Street

Rochester

Kent

ME1 1LP

REGISTERED NUMBER:

06055818 (England and Wales)

ACCOUNTANTS:

Accsys Accountants (Medway) Limited

F39 Innovation Centre Medway

Chatham

Kent

ME5 9FD

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

8,360

1,789

8,360

1,789

CURRENT ASSETS

Debtors

6

4,766

15,978

Cash at bank and in hand

1,117

4,785

5,883

20,763

CREDITORS

Amounts falling due within one year

7

10,720

12,936

NET CURRENT (LIABILITIES)/ASSETS

(4,837

)

7,827

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,523

9,616

PROVISIONS FOR LIABILITIES

1,588

340

NET ASSETS

1,935

9,276

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,835

9,176

1,935

9,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 18 July 2025 and were signed by:

Mr J K Salter - Director

1.	STATUTORY INFORMATION

Evergreen Residential Property Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements relate to the individual entity only

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Office furniture

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

At each Statement of Financial Position date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

2,000

AMORTISATION

At 1 April 2024

and 31 March 2025

2,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

Computer

machinery

furniture

vehicles

equipment

Totals

£

COST

At 1 April 2024

604

3,427

-

10,958

14,989

Additions

-

9,000

565

9,565

At 31 March 2025

604

3,427

9,000

11,523

24,554

DEPRECIATION

At 1 April 2024

556

2,928

-

9,716

13,200

Charge for year

12

125

2,250

607

2,994

At 31 March 2025

568

3,053

2,250

10,323

16,194

NET BOOK VALUE

At 31 March 2025

36

374

6,750

1,200

8,360

At 31 March 2024

48

499

-

1,242

1,789

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

4,766

15,978

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

325

-

Taxation and social security

5,768

7,759

Other creditors

4,627

5,177

10,720

12,936

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

Mr J K Salter

Balance outstanding at start of year

15,745

11,455

Amounts advanced

33,135

35,228

Amounts repaid

(45,589

)

(30,938

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,291

15,745

The Directors loan is interest free and has no fixed repayment terms.