Everest Plant Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04797391

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,378		3,171
Investment Properties	5		2,700,950		2,700,750

			2,703,328		2,703,921
CURRENT ASSETS
Debtors	6	33,510		1,738
Cash at bank and in hand		24,508		51,662

		58,018		53,400
Creditors: Amounts Falling Due Within One Year	7	(230,490 )		(229,932 )

NET CURRENT ASSETS (LIABILITIES)			(172,472 )		(176,532 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,530,856		2,527,389

Creditors: Amounts Falling Due After More Than One Year	8		(722,601 )		(723,162 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(185,340 )		(185,340 )

NET ASSETS			1,622,915		1,618,887

CAPITAL AND RESERVES
Called up share capital	10		100		100
Other reserves			812,236		812,236
Profit and Loss Account			810,579		806,551

SHAREHOLDERS' FUNDS			1,622,915		1,618,887

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Everest Plant Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Frank Everest

Director

8th July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Everest Plant Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04797391 . The registered office is Hardy House, Northbridge Road, Berkhamsted, Herts, HP4 1EF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents rents receivable, excluding value added tax.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	1	1

	1	1

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 August 2024	2,110	8,913	11,023

As at 31 July 2025	2,110	8,913	11,023

...CONTINUED

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Everest Plant Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

Depreciation
As at 1 August 2024	528	7,324	7,852
Provided during the period	396	397	793

As at 31 July 2025	924	7,721	8,645

Net Book Value
As at 31 July 2025	1,186	1,192	2,378

As at 1 August 2024	1,582	1,589	3,171

5. Investment Property

	2025
	£
Fair Value
As at 1 August 2024	2,700,750
Additions	200

As at 31 July 2025	2,700,950

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	32,500	-
Prepayments and accrued income	724	268
Other debtors	286	1,470

	33,510	1,738

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	1,131	232
Other creditors	-	69
Accruals and deferred income	3,020	1,618
Director's loan account	226,339	228,013

	230,490	229,932

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	722,601	723,162

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Everest Plant Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

9. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured.

On 22 September 2015 and on 29 July 2016 the company granted charges to F Everest and Nottingham Building Society respectively in respect of 62 Oaklands Lane, Smallford, St Albans, Herts and 62 Oaklands Lane, St Albans, Herts.

On 17 February 2020 the company granted a charges to Nottingham Building Society in respect of 60 Oaklands Lane, Smallford, St Albans, Herts.

	2025		2024
	£		£
Bank loans and overdrafts	722,601		723,162

10. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.000 each	100	100

11. Reserves

	Other reserves	Profit and Loss Account
	£	£
As at 1 August 2024	812,236	806,551
Profit for the year and total comprehensive income	-	4,028

As at 31 July 2025	812,236	810,579

Included in other reserves is an amount of £812,236 which represents the fair value adjustment in respect of investment properties. This amount cannot be distributed to the members as it represents an un-reaslised surplus in respect of the fair value adjustment pertaining to the investment properties and has been transferred from retained earnings.

12. Related Party Transactions

During the year Blaze Commercial Limited paid Everest Plant Limited £78,000 (2024: £78,000) in respect of rent. The directors believes the transaction to be at arms length.

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