Accounts

Accounts

EVOLUTION (FRANCHISE) LTD - Company Information

Print Friendly Version

2015-02-01 false false 04631648 2016-01-31 04631648 2015-02-01 2016-01-31 04631648 2015-01-31 04631648 2014-02-01 2015-01-31 04631648 uk-bus:Director1 2015-02-01 2016-01-31 04631648 uk-gaap:PlantMachinery 2015-02-01 2016-01-31 04631648 uk-gaap:Vehicles 2015-02-01 2016-01-31 04631648 uk-gaap:FixturesFittings 2015-02-01 2016-01-31 04631648 uk-gaap:ToolsEquipment 2015-02-01 2016-01-31 iso4217:GBP
         
  EVOLUTION (FRANCHISE) LTD
         
         
  ABBREVIATED UNAUDITED ACCOUNTS
         
         
  FOR THE YEAR ENDED 31 JANUARY 2016
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
  INDEX TO THE ACCOUNTS
         
 
         
  Pages
         
  1 Abbreviated Balance Sheet    
         
  2-3 Notes to the Abbreviated Accounts    
         
 
         
         
         
         
         
         
         
         
         
         
         
         
         
  EVOLUTION (FRANCHISE) LTD
  Company registered number: 04631648
  ABBREVIATED BALANCE SHEET
  AT 31 January 2016
           
    Note 2016 2015
      £ £ £
  FIXED ASSETS
  Tangible Assets 2 967 1,205
         
  CURRENT ASSETS
  Stock 1c 139,252 124,874
  Debtors falling due within one year   - -
  Cash at bank and in hand   251 1,187
      139,503 126,061
  CREDITORS: Amounts falling due within one year   176,933 144,820
  NET CURRENT LIABILITIES   (37,430) (18,759)
  NET LIABILITIES   (£36,463) (£17,554)
       
  CAPITAL AND RESERVES
  Profit and loss account   (36,463) (17,554)
  SHAREHOLDERS' FUNDS   (£36,463) (£17,554)
       
         
  In approving these financial statements as directors of the company we hereby confirm the following:
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
         
  Directors' responsibilities:
  1) The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476,
  2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
         
  The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
         
  These abbreviated accounts were approved by the board of directors on 24 March 2016
 
 
         
  D Rhoden, Director
   
  The notes on pages 2 to 3 form part of these accounts
  page 1
  NOTES TO THE ABBREVIATED ACCOUNTS
  FOR THE YEAR ENDED 31 JANUARY 2016
       
 
1. ACCOUNTING POLICIES
     
     
1a. Basis of accounting
     
  The financial statements have been prepared under the historical cost convention.
         
         
1b. Tangible fixed assets
         
  Fixed assets are shown at historical cost.
         
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
         
         
  Plant and machinery Reducing balance 25%    
  Vehicles Reducing balance 25%    
  Fixtures and fittings Reducing balance 15%    
  Equipment Reducing balance 15%    
       
       
1c. Stocks
       
  Stocks are stated at the lower of cost and net realisable value. Cost incurred in bringing each product to its present location and condition is based on purchase cost on a first-in, first-out basis, including transport.
       
       
1d. Taxation
       
  Corporation tax payable is provided on taxable profits at the current rate.
       
       
       
1e. Turnover
       
  Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
  page 2
  EVOLUTION (FRANCHISE) LTD
  NOTES TO THE ABBREVIATED ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 JANUARY 2016
       
       
2. TANGIBLE FIXED ASSETS 2016 2015
    £ £
  Cost
       
  At 01 February 2015 3,684 3,684
  At 31 January 2016 3,684 3,684
   
  Depreciation
       
  At 01 February 2015 2,479 2,178
  For the year 238 301
  At 31 January 2016 2,717 2,479
   
  Net Book Amounts
       
  At 31 January 2016 £967 £1,205
   
       
       
3. SHARE CAPITAL 2016 2015
    £ £
  Allotted, issued and fully paid:
       
   
       
       
4. ULTIMATE PARENT COMPANY
       
  The company is a subsidiary undertaking of ... incorporated in ... registered in England and Wales.
       
       
5. RELATED PARTIES
       
  Directors' loans (eg debtors)
  Directors' material interests (eg tranactions with directors)
  Controlling parties.
  page 3