REGISTERED NUMBER: 11229897 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

EVERMORE INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J W Fitzgerald

REGISTERED OFFICE:

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

REGISTERED NUMBER:

11229897 (England and Wales)

ACCOUNTANTS:

John Williams & Co Limited

Chartered Certified Accountants

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

FIXED ASSETS

Tangible assets

4

13,012

15,308

Investment property

5

1,421,000

1,421,000

1,434,012

1,436,308

CURRENT ASSETS

Stocks

186,435

640,222

Debtors

6

-

6,485

Cash at bank

1,963

48,273

188,398

694,980

CREDITORS

Amounts falling due within one year

7

115,406

721,996

NET CURRENT ASSETS/(LIABILITIES)

72,992

(27,016

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,507,004

1,409,292

CREDITORS

Amounts falling due after more than one year

8

(3,099

)

(13,508

)

PROVISIONS FOR LIABILITIES

9

(217,410

)

(166,261

)

NET ASSETS

1,286,495

1,229,523

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

1,286,395

1,229,423

SHAREHOLDERS' FUNDS

1,286,495

1,229,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 6 April 2025 and were signed by:

M J W Fitzgerald - Director

1.	STATUTORY INFORMATION

Evermore Investments 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the proceeds from the sale of properties.

Tangible fixed assets

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 29 February 2024

and 28 February 2025

28,878

1,078

29,956

DEPRECIATION

At 29 February 2024

13,570

1,078

14,648

Charge for year

2,296

-

2,296

At 28 February 2025

15,866

1,078

16,944

NET BOOK VALUE

At 28 February 2025

13,012

-

13,012

At 28 February 2024

15,308

-

15,308

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 29 February 2024

and 28 February 2025

1,421,000

NET BOOK VALUE

At 28 February 2025

1,421,000

At 28 February 2024

1,421,000

Fair value at 28 February 2025 is represented by:

£

Valuation in 2020

588,750

Valuation in 2021

271,000

Cost

561,250

1,421,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

561,250

561,250

Investment property was valued on an open market basis on 28 February 2024 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

6,485

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Tax

34,889

26,336

Other creditors

64,138

204,568

Directors' current accounts

6,379

481,092

115,406

721,996

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

3,099

10,000

Bank loans - 2-5 years

-

3,508

3,099

13,508

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

217,410

166,261

Deferred

tax

£

Balance at 29 February 2024

166,261

Accelerated capital allowances

51,149

Balance at 28 February 2025

217,410

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 29 February 2024

1,229,423

Profit for the year

57,472

Dividends

(500

)

At 28 February 2025

1,286,395

12.	ULTIMATE CONTROLLING PARTY

The company is under the control of its director.