Evolution in Technology Ltd - Abbreviated accounts 16.3

Evolution in Technology Ltd - Abbreviated accounts 16.3

EVOLUTION IN TECHNOLOGY LIMITED - Company Information

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REGISTERED NUMBER: 05140282 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

EVOLUTION IN TECHNOLOGY LTD

EVOLUTION IN TECHNOLOGY LTD (REGISTERED NUMBER: 05140282)






CONTENTS OF THE ABBREVIATED ACCOUNTS
For The Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

EVOLUTION IN TECHNOLOGY LTD

COMPANY INFORMATION
For The Year Ended 31 March 2016







DIRECTORS: A Percival
J Sykes





SECRETARY: A Percival





REGISTERED OFFICE: Star House
81a High Road
Benfleet
Essex
SS7 5LN





REGISTERED NUMBER: 05140282 (England and Wales)





ACCOUNTANTS: Neil Impey & Co
Star House
81a High Road
Benfleet
Essex
SS7 5LN
Page 1
EVOLUTION IN TECHNOLOGY LTD (REGISTERED NUMBER: 05140282)

ABBREVIATED BALANCE SHEET
31 March 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 120,000 120,000
Tangible assets 3 4,459 5,582
124,459 125,582

CURRENT ASSETS
Debtors 89,531 85,390
Cash at bank 58,939 80,298
148,470 165,688
CREDITORS
Amounts falling due within one year 69,480 109,485
NET CURRENT ASSETS 78,990 56,203
TOTAL ASSETS LESS CURRENT
LIABILITIES
203,449
181,785

CAPITAL AND RESERVES
Called up share capital 4 1,291 1,291
Share premium 115,000 115,000
Profit and loss account 87,158 65,494
SHAREHOLDERS' FUNDS 203,449 181,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 30 December 2016 and were signed on its behalf
by:



A Percival - Director


The notes form part of these abbreviated accounts

Page 2
EVOLUTION IN TECHNOLOGY LTD (REGISTERED NUMBER: 05140282)

NOTES TO THE ABBREVIATED ACCOUNTS
For The Year Ended 31 March 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

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


2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 120,000
NET BOOK VALUE

At 31 March 2016 120,000
At 31 March 2015 120,000

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 8,776
Additions 365
At 31 March 2016 9,141
DEPRECIATION
At 1 April 2015 3,194
Charge for year 1,488
At 31 March 2016 4,682
NET BOOK VALUE
At 31 March 2016 4,459
At 31 March 2015 5,582

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1,291 Ordinary £1 1,291 1,291

Page 3