Envirovert Limited - Accounts to registrar - small 17.2

Envirovert Limited - Accounts to registrar - small 17.2

ENVIROVERT LIMITED - Company Information

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REGISTERED NUMBER: 07130324 (England and Wales)















ENVIROVERT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2017





Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP








ENVIROVERT LIMITED (REGISTERED NUMBER: 07130324)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2017










Page

Company Information 1

Accountants' Report 2 to 3

Abridged Statement of Financial Position 4 to 5

Notes to the Financial Statements 6 to 8


ENVIROVERT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2017







DIRECTORS: D O'Connor
H S Dhillon





REGISTERED OFFICE: Business & Technology Centre
Bessemer Drive
Stevenage
Hertfordshire
SG1 2DX





REGISTERED NUMBER: 07130324 (England and Wales)





ACCOUNTANTS: Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP
Page 1
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ENVIROVERT LIMITED


The following reproduces the text of the report prepared for the directors and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and
certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of
Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Envirovert Limited for the year ended 28th February 2017 which comprise the Income
Statement, Abridged Statement of Financial Position, and the related notes from the company's accounting records
and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Envirovert Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Envirovert Limited and state those matters that we have agreed to state to the Board of Directors of Envirovert Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Envirovert Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Envirovert Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Envirovert Limited. You consider that Envirovert Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Envirovert Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP


16th October 2017

This page does not form part of the statutory financial statements

Page 2
ENVIROVERT LIMITED (REGISTERED NUMBER: 07130324)

ABRIDGED STATEMENT OF FINANCIAL POSITION
28TH FEBRUARY 2017

2017 2016
Notes £    £   
FIXED ASSETS
Property, plant and equipment 5 1,626 2,380

CURRENT ASSETS
Inventories 148,473 7,852
Debtors 1,301,606 1,425,952
Cash at bank 159,929 164,268
1,610,008 1,598,072
CREDITORS
Amounts falling due within one year (751,401 ) (1,056,775 )
NET CURRENT ASSETS 858,607 541,297
TOTAL ASSETS LESS CURRENT LIABILITIES 860,233 543,677

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 860,133 543,577
SHAREHOLDERS' FUNDS 860,233 543,677

The notes form part of these financial statements

Page 4
ENVIROVERT LIMITED (REGISTERED NUMBER: 07130324)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
28TH FEBRUARY 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 28th February 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 16th October 2017 and were signed on its
behalf by:





D O'Connor - Director


The notes form part of these financial statements

Page 5
ENVIROVERT LIMITED (REGISTERED NUMBER: 07130324)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2017


1. STATUTORY INFORMATION

Envirovert 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. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
No significant judgements or estimates have had to be made by the directors in preparing these financial
statements.

Revenue
Revenue represents the total invoice value, excluding value added tax, trade discounts and all other taxes of
sales made during the year.

Revenue recognition
Revenue is recognised in the profit and loss account at the date the service is provided.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete
and slow moving items.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible
preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in
profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with
changes recognised in profit or loss.


Page 6
ENVIROVERT LIMITED (REGISTERED NUMBER: 07130324)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2017


3. ACCOUNTING POLICIES - continued
Tax
Tax 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 tax 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at
the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

Page 7
ENVIROVERT LIMITED (REGISTERED NUMBER: 07130324)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2017


5. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
Cost
At 1st March 2016
and 28th February 2017 5,028
Depreciation
At 1st March 2016 2,648
Charge for year 754
At 28th February 2017 3,402
Net book value
At 28th February 2017 1,626
At 29th February 2016 2,380

6. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary A £1 100 100

7. TRANSITION TO FINANCIAL REPORTING STANDARD 102

This is the first year that the company has presented its results in accordance with the provisions of Section
1A “Small Entities” of Financial Reporting Standard 102. The last financial statements under the provisions of
UK GAAP were for the year ended 29 February 2016. The date of the transition to Section 1A “Small Entities”
of Financial Reporting Standard 102 was 1 March 2015. There has been no effect on the financial statements
arising from the transition from UK GAAP as previously reported and Section 1A “Small Entities” of Financial
Reporting Standard 102.

Page 8