Evaise Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09328955 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2019

for

Evaise Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Elliott

Mrs C D Elliott

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

REGISTERED NUMBER:

09328955 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Property, plant and equipment

4

-

134

CURRENT ASSETS

Debtors

5

42,016

36,553

Cash at bank

7,427

16,676

49,443

53,229

CREDITORS

Amounts falling due within one year

6

34,663

32,721

NET CURRENT ASSETS

14,780

20,508

TOTAL ASSETS LESS CURRENT LIABILITIES

14,780

20,642

CREDITORS

Amounts falling due after more than one year

7

13,789

19,959

NET ASSETS

991

683

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

791

483

SHAREHOLDERS' FUNDS

991

683

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2019 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2020 and were signed on its behalf by:

R Elliott - Director

1.	STATUTORY INFORMATION

Evaise 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax

and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year is comprised of current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 December 2018

and 30 November 2019

669

DEPRECIATION

At 1 December 2018

535

Charge for year

134

At 30 November 2019

669

NET BOOK VALUE

At 30 November 2019

-

At 30 November 2018

134

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Other debtors

42,016

36,553

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Bank loans and overdrafts

8,164

10,064

Taxation and social security

25,132

20,385

Other creditors

1,367

2,272

34,663

32,721

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.19

30.11.18

£

£

Bank loans

13,789

19,959

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.11.19

30.11.18

value:

£

£

100

Share capital 1

£1

100

100

100

Share capital 2

£1

100

100

200

200

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the year end 30 November 2019, a director of the company owed the company £42,016 (2018: £36,553) in respect of an

interest free loan, which is repayable on demand.