EVOLUTION FASTENERS (UK) LIMITED

EVOLUTION FASTENERS (UK) LIMITED

EVOLUTION FASTENERS (UK) LIMITED - Company Information

Print Friendly Version

EVOLUTION FASTENERS (UK) LIMITED

Company Registration Number:
04042865 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

EVOLUTION FASTENERS (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

EVOLUTION FASTENERS (UK) LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 35,353 42,975
Tangible assets: 4 210,813 182,847
Investments: 5 153 63
Total fixed assets: 246,319 225,885
Current assets
Stocks: 1,742,655 1,459,441
Debtors:   1,562,404 1,445,067
Cash at bank and in hand: 137,607 82,340
Total current assets: 3,442,666 2,986,848
Creditors: amounts falling due within one year:   (735,821) (621,416)
Net current assets (liabilities): 2,706,845 2,365,432
Total assets less current liabilities: 2,953,164 2,591,317
Total net assets (liabilities): 2,953,164 2,591,317
Capital and reserves
Called up share capital: 400,000 600,000
Profit and loss account: 2,553,164 1,991,317
Shareholders funds: 2,953,164 2,591,317

The notes form part of these financial statements

EVOLUTION FASTENERS (UK) LIMITED

Balance sheet statements

For the year ending 31 March 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 June 2018
and signed on behalf of the board by:

Name: Michael Keisner
Status: Director

The notes form part of these financial statements

EVOLUTION FASTENERS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EVOLUTION FASTENERS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 19 18

EVOLUTION FASTENERS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Intangible Assets

Total
Cost £
At 01 April 2017 109,570
Additions 779
At 31 March 2018 110,349
Amortisation
At 01 April 2017 66,595
Charge for year 8,401
At 31 March 2018 74,996
Net book value
At 31 March 2018 35,353
At 31 March 2017 42,975

EVOLUTION FASTENERS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

4. Tangible Assets

Total
Cost £
At 01 April 2017 598,303
Additions 90,339
At 31 March 2018 688,642
Depreciation
At 01 April 2017 415,456
Charge for year 62,373
At 31 March 2018 477,829
Net book value
At 31 March 2018 210,813
At 31 March 2017 182,847

EVOLUTION FASTENERS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

5. Fixed investments

Investments In Subsidiary - £153 (Yr 2018).