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Registered number: 14828305
Everconnected Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Multiplus Tax Solutions Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14828305
31 August 2025 31 August 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,512 4,930
6,512 4,930
CURRENT ASSETS
Debtors 6 - 700
Cash at bank and in hand 26,844 164,052
26,844 164,752
Creditors: Amounts Falling Due Within One Year 7 (6,386 ) (1,005 )
NET CURRENT ASSETS (LIABILITIES) 20,458 163,747
TOTAL ASSETS LESS CURRENT LIABILITIES 26,970 168,677
NET ASSETS 26,970 168,677
CAPITAL AND RESERVES
Called up share capital 8 100 100
Share premium account 199,998 199,998
Profit and Loss Account (173,128 ) (31,421 )
SHAREHOLDERS' FUNDS 26,970 168,677
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Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Ishraq Tariq Delwar
Director
28/10/2026
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Everconnected Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14828305 . The registered office is C/O Wework International House, 1 St. Katharine's Way, London, E1W 1UN.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. The company has incurred losses and is reliant on further investment from investors to support its ongoing operations and working capital requirements.
The directors have considered the company’s future funding requirements and cash flow forecasts and are satisfied that sufficient funding will be available to meet the company’s obligations as they fall due.
Further investment was received from the existing shareholder after the year end, which has strengthened the company’s financial position.
The directors therefore consider that the company has adequate resources to continue in operational existence for the foreseeable future.
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:
Fixtures & Fittings 20% reducing balance method
Computer Equipment 20% reducing balance method
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
4. Prior Period Adjustment
The comparative figures for the year ended 31 August 2024 have been restated to correct an error relating to the classification of £200,000 received in connection with the issue of shares.
The £2 nominal value of the shares was correctly recognised as share capital in the prior year; however, the remaining £199,998 was incorrectly included within other creditors. The comparative figures have therefore been restated to recognise £199,998 as share premium.
The correction has no impact on profit for the year or total assets. It reduces creditors and increases net assets and shareholder's funds by £199,998.
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2024 - 6,163 6,163
Additions 550 5,109 5,659
Disposals - (3,499 ) (3,499 )
As at 31 August 2025 550 7,773 8,323
...CONTINUED
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Depreciation
As at 1 September 2024 - 1,233 1,233
Provided during the period 110 1,168 1,278
Disposals - (700 ) (700 )
As at 31 August 2025 110 1,701 1,811
Net Book Value
As at 31 August 2025 440 6,072 6,512
As at 1 September 2024 - 4,930 4,930
6. Debtors
31 August 2025 31 August 2024
£ £
Due within one year
Other debtors - 700
7. Creditors: Amounts Falling Due Within One Year
31 August 2025 31 August 2024
£ £
Accruals and deferred income 780 960
Directors' loan accounts 5,256 45
Amounts owed to related parties 350 -
6,386 1,005
8. Share Capital
31 August 2025 31 August 2024
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mr Ishraq Tariq Delwar 45 5,211 - - 5,256
10. Related Party Transactions
During the year, the company received £1,050 from an entity under common control. At 31 August 2025, £350 was payable to that entity (2024: £700 receivable). The balance was unsecured, interest-free and repayable on demand.
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