Evesbatch Developments Limited - Period Ending 2019-09-30

Registration number: 07138243

Evesbatch Developments Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2019

Wenn Townsend
Chartered Accountants
30 St Giles'
Oxford
OX1 3LE

 

Evesbatch Developments Limited

Profit and Loss Account for the Year Ended 30 September 2019

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 1

Evesbatch Developments Limited

(Registration number: 07138243)
Balance Sheet as at 30 September 2019

	Note	2019 £	2018 £
Current assets
Debtors	4	4,427	4,427
Creditors: Amounts falling due within one year	5	(1,500)	(1,500)
Net assets		2,927	2,927
Capital and reserves
Called up share capital	6	1,500	1,500
Profit and loss account		1,427	1,427
Shareholders' funds		2,927	2,927

For the financial year ending 30 September 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 23 June 2020
 

.........................................

Mr P B Blackwell
Director

The notes on pages 3 to 4 form an integral part of these financial statements.

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Evesbatch Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
30 St Giles'
Oxford
OX1 3LE

The principal place of business is:
Fawler Barn
Fawler
Nr Wantage
Oxon
OX12 9QJ

These financial statements were authorised for issue by the director on 23 June 2020.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

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Evesbatch Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2019

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2018 - 0).

4

Debtors

	Note	2019 £	2018 £
Trade debtors		3,637	3,637
Income tax asset		790	790
		4,427	4,427

5

Creditors

	2019 £	2018 £
Due within one year
Other payables	1,500	1,500

6	Share capital

Allotted, called up and fully paid shares

	2019		2018
	No.	£	No.	£
Ordinary shares of £0.50 each	3,000	1,500.00	3,000	1,500.00

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