EV-TECH SYSTEMS LIMITED Accounts filed on 31-03-2015
EV-TECH SYSTEMS LIMITED Accounts filed on 31-03-2015
EV-TECH SYSTEMS LIMITED
Company Registration Number:
06840528 (England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st April 2014
End date: 31st March 2015
SUBMITTED
EV-TECH SYSTEMS LIMITED
Company Information
for the Period Ended
31st March 2015
Director: |
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Company secretary: |
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Registered office: |
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Derbyshire | ||
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Company Registration Number: |
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EV-TECH SYSTEMS LIMITED
Abbreviated Balance sheet
As at 31st March 2015
Notes | 2015 £ |
2014 £ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 8 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 9 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors | |||
Creditors: amounts falling due within one year | 10 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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0 | |
Total net assets (liabilities): |
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The notes form part of these financial statements
EV-TECH SYSTEMS LIMITED
Abbreviated Balance sheet
As at 31st March 2015
continued
Notes | 2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 11 |
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Revaluation reserve: |
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Profit and Loss account: |
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Total shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Stephen Everington
Status: Director
The notes form part of these financial statements
EV-TECH SYSTEMS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st March 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) Turnover policy
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT Tangible fixed assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following anual rates in order to write off each asset over its estimated useful life. Computer equipment and software - 25% on cost. Intangible fixed assets amortisation policy
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the asset on a straight line basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of anasset may not be fully recoverable. Valuation information and policy
Stocks and work-in-progress are valued at the lower of net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an prropriate portion of fixed and variable overheads Other accounting policies
Assets obtained under hirepurchase 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 those obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and Development Expenditure on research and development is written off in the year in which it is incurred.
EV-TECH SYSTEMS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st March 2015
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8. Tangible assets
Total Cost £ At 01st April 2014: 2,513 Additions: 923 Disposals: 0 Revaluations: 0 Transfers: 0 At 31st March 2015: 3,436 Depreciation At 01st April 2014: 1,659 Charge for year: 574 On disposals: 0 Other adjustments 0 At 31st March 2015: 2,233 Net book value At 31st March 2015: 1,203 At 31st March 2014: 854
EV-TECH SYSTEMS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st March 2015
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9. Debtors
2015
£2014
£Trade debtors: 4,184 7,684 Other debtors: 0 0 Prepayments and accrued income: 0 0 Total: 4,184 7,684
EV-TECH SYSTEMS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st March 2015
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10. Creditors: amounts falling due within one year
2015
£2014
£Bank loans and overdrafts: 0 0 Amounts due under finance leases and hire purchase contracts: 0 0 Trade creditors: 0 0 Taxation and social security: 2,213 4,095 Accruals and deferred income: 0 0 Other creditors: 8,065 6,367 Total: 10,278 10,462