Evifile Group Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11766884 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 15 JANUARY 2019 TO 31 JANUARY 2020

FOR

EVIFILE GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N E Halliday

REGISTERED OFFICE:

West Wing Bowcliffe Hall

Bramham

Wetherby

Leeds

LS23 6LP

REGISTERED NUMBER:

11766884 (England and Wales)

ACCOUNTANTS:

Sedulo Leeds Limited

St Paul's House

23 Park Square

Leeds

West Yorkshire

LS1 2ND

CURRENT ASSETS

Debtors

4

625,000

Cash at bank

78

625,078

CREDITORS

Amounts falling due within one year

5

412,592

NET CURRENT ASSETS

212,486

TOTAL ASSETS LESS CURRENT LIABILITIES

212,486

CAPITAL AND RESERVES

Called up share capital

250,000

Retained earnings

(37,514

)

212,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2020 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 14 April 2021 and were signed by:

N E Halliday - Director

1.	STATUTORY INFORMATION

Evifile Group 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.

In common with virtually every other business in the country, the Company has been experiencing the effects of the Coronavirus pandemic. Whilst the full impact of this exceptional situation on the Company cannot be assessed with complete certainty at the current time, the Directors believe they have taken all possible steps to protect the Company including accessing relevant Government assistance.

At the time of signing these accounts the Directors are of the opinion that the Company will remain viable for the foreseeable future and therefore these Financial Statements have been prepared on the Going Concern basis.

Taxation

Taxation for the period 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 period 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 period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Trade debtors

625,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

676

Amounts owed to group undertakings

411,916

412,592

6.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company was owed a balance of £625,000 from EviFile Ltd. There are no fixed repayment terms for this loan and no interest is charged thereon.

As at the balance sheet date, the company owed a balance of £333,945 to EviFile Ltd. There are no fixed repayment terms for this loan and no interest is charged thereon.