Evolve AMS UK Limited - Accounts to registrar (filleted) - small 18.2

Evolve AMS UK Limited - Accounts to registrar (filleted) - small 18.2

EVOLVE AMS UK LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.3.1.65 08819378 Board of Directors Board of Directors 1.1.18 31.12.18 31.12.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure088193782017-12-31088193782018-12-31088193782018-01-012018-12-31088193782016-12-31088193782017-01-012017-12-31088193782017-12-3108819378ns15:EnglandWales2018-01-012018-12-3108819378ns14:PoundSterling2018-01-012018-12-3108819378ns10:Director12018-01-012018-12-3108819378ns10:Director22018-01-012018-12-3108819378ns10:PrivateLimitedCompanyLtd2018-01-012018-12-3108819378ns10:SmallEntities2018-01-012018-12-3108819378ns10:AuditExempt-NoAccountantsReport2018-01-012018-12-3108819378ns10:SmallCompaniesRegimeForDirectorsReport2018-01-012018-12-3108819378ns10:SmallCompaniesRegimeForAccounts2018-01-012018-12-3108819378ns10:AbridgedAccounts2018-01-012018-12-3108819378ns10:Director42018-01-012018-12-3108819378ns10:RegisteredOffice2018-01-012018-12-3108819378ns5:CurrentFinancialInstruments2018-12-3108819378ns5:CurrentFinancialInstruments2017-12-3108819378ns5:Non-currentFinancialInstruments2018-12-3108819378ns5:Non-currentFinancialInstruments2017-12-3108819378ns5:ShareCapital2018-12-3108819378ns5:ShareCapital2017-12-3108819378ns5:RetainedEarningsAccumulatedLosses2018-12-3108819378ns5:RetainedEarningsAccumulatedLosses2017-12-3108819378ns5:LeaseholdImprovements2018-01-012018-12-3108819378ns5:MotorVehicles2018-01-012018-12-3108819378ns5:ComputerEquipment2018-01-012018-12-31


REGISTERED NUMBER: 08819378 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2018

for

Evolve AMS UK Limited
Evolve AMS UK Limited (Registered number: 08819378)






Contents of the Financial Statements
for the Year Ended 31 December 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Evolve AMS UK Limited

Company Information
for the Year Ended 31 December 2018







DIRECTORS: Mr A Hayward
Mrs N Hayward
Mr S DeRose





REGISTERED OFFICE: Unit 75
Waterham Business Park
Faversham
Kent
ME13 9EJ





REGISTERED NUMBER: 08819378 (England and Wales)





Page 1
Evolve AMS UK Limited (Registered number: 08819378)

Abridged Balance Sheet
31 December 2018

31.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 19,384 17,317

CURRENT ASSETS
Stocks 2,500 1,950
Debtors 104,568 95,163
Cash at bank and in hand 14,982 11,607
122,050 108,720
CREDITORS
Amounts falling due within one year 127,153 95,188
NET CURRENT (LIABILITIES)/ASSETS (5,103 ) 13,532
TOTAL ASSETS LESS CURRENT
LIABILITIES
14,281
30,849

CREDITORS
Amounts falling due after more than one
year
(10,958
)
(19,320
)

PROVISIONS FOR LIABILITIES (2,850 ) (3,290 )
NET ASSETS 473 8,239

CAPITAL AND RESERVES
Called up share capital 392 200
Retained earnings 81 8,039
SHAREHOLDERS' FUNDS 473 8,239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 notes form part of these financial statements

Page 2 continued...
Evolve AMS UK Limited (Registered number: 08819378)

Abridged Balance Sheet - continued
31 December 2018


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 Balance Sheet for the year ended 31 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 8 March 2019 and were signed on its behalf
by:




Mr A Hayward - Director



Mrs N Hayward - Director


The notes form part of these financial statements

Page 3
Evolve AMS UK Limited (Registered number: 08819378)

Notes to the Financial Statements
for the Year Ended 31 December 2018

1. STATUTORY INFORMATION

Evolve AMS UK 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.

Revenue recognition
Revenue from the provision of medical adaptation services is recognised at the point at which those
services have been provided to the customer. Where payments are received from customers in advance
of services provided, the amounts are recorded as deferred income and included as part of creditors due
within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 2% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Taxation
Taxation 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 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held
under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the
shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital
element of the future payments is treated as a liability.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

Page 4 continued...
Evolve AMS UK Limited (Registered number: 08819378)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2018 26,970
Additions 8,024
At 31 December 2018 34,994
DEPRECIATION
At 1 January 2018 9,653
Charge for year 5,957
At 31 December 2018 15,610
NET BOOK VALUE
At 31 December 2018 19,384
At 31 December 2017 17,317

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 January 2018
and 31 December 2018 21,663
DEPRECIATION
At 1 January 2018 5,416
Charge for year 4,061
At 31 December 2018 9,477
NET BOOK VALUE
At 31 December 2018 12,186
At 31 December 2017 16,247

6. RELATED PARTY DISCLOSURES

During the period the company repaid £7,270 (2017 : borrowed £200) from the director, Mr A Hayward. At
the end of the period the amount owed to Mr A Hayward was £1,955 (2017 : £9,225). The loan is made
interest free and is repayable on demand.

During the period the company repaid £6,026 (2017 : borrowed £200) from the director, Mrs N Hayward.
At the end of the period the amount owed to Mrs N Hayward was £3,149 (2017 : £9,225). The loan is
made interest free and is repayable on demand.

Page 5