Company Registration No. 08984683 (England and Wales)
EVERGREEN GOODS LTD.
Unaudited accounts
for the year ended 31 May 2022
EVERGREEN GOODS LTD.
Unaudited accounts
Contents
EVERGREEN GOODS LTD.
Company Information
for the year ended 31 May 2022
Directors
Kevin Kin Hay Kwan
Xinxin Lai
Derek Lam
Company Number
08984683 (England and Wales)
Registered Office
Unit 3 Madingley Court
Chippenham Drive, Kingston
Milton Keynes
MK10 0BZ
England
Accountants
Nottinghill Accountants Ltd
28 Orchard Waye
UXBRIDGE
Hillingdon
UB8 2BW
EVERGREEN GOODS LTD.
Statement of financial position
as at 31 May 2022
Tangible assets
370,313
36,195
Inventories
332,662
301,054
Cash at bank and in hand
199,483
368,628
Creditors: amounts falling due within one year
(283,976)
(334,550)
Net current assets
273,250
400,861
Net assets
643,563
437,056
Called up share capital
500
500
Profit and loss account
643,063
436,556
Shareholders' funds
643,563
437,056
For the year ending 31 May 2022 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2023 and were signed on its behalf by
Xinxin Lai
Director
Company Registration No. 08984683
EVERGREEN GOODS LTD.
Notes to the Accounts
for the year ended 31 May 2022
EVERGREEN GOODS LTD. is a private company, limited by shares, registered in England and Wales, registration number 08984683. The registered office is Unit 3 Madingley Court, Chippenham Drive, Kingston, Milton Keynes, MK10 0BZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Intangible Fixed assets 100% depreciated.
EVERGREEN GOODS LTD.
Notes to the Accounts
for the year ended 31 May 2022
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2021
5,210
27,600
13,998
3,905
50,713
Additions
306,197
-
41,924
5,125
353,246
At 31 May 2022
311,407
27,600
55,922
9,030
403,959
At 1 June 2021
-
6,900
6,212
1,406
14,518
Charge for the year
-
5,175
12,428
1,525
19,128
At 31 May 2022
-
12,075
18,640
2,931
33,646
At 31 May 2022
311,407
15,525
37,282
6,099
370,313
At 31 May 2021
5,210
20,700
7,786
2,499
36,195
Amounts falling due within one year
Trade debtors
7,317
47,881
Accrued income and prepayments
4,696
4,780
Other debtors
13,068
13,068
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Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
178,272
Trade creditors
49,540
(121,530)
Taxes and social security
79,061
65,787
Loans from directors
116,784
81,878
VAT amount includes small amounts of VAT payable in EU countries besides UK VAT.
8
Average number of employees
During the year the average number of employees was 11 (2021: 10).
