Accounts filed on 31-05-2016

Accounts filed on 31-05-2016

EVERGREEN GOODS LTD. - Company Information

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EVERGREEN GOODS LTD.

Company Registration Number:
08984683 (England and Wales)

Report of the Directors and Unaudited Micro-Entity Financial Statements

Period of accounts

Start date: 01 June 2015

End date: 31 May 2016

EVERGREEN GOODS LTD.

Contents of the Financial Statements

for the Period Ended 31 May 2016

Company Information
Report of the Directors
Profit and Loss Account
Balance sheet
Notes to the Micro-Entity Accounts

EVERGREEN GOODS LTD.

Company Information

for the Period Ended 31 May 2016




Director: Kevin Kin Hay Kwan
Registered office: 3
Waltham Drive
Edgware
England
HA8 5PH
Company Registration Number: 08984683 (England and Wales)

EVERGREEN GOODS LTD.

Directors' Report Period Ended 31 May 2016

The directors present their report with the financial statements of the company for the period ended 31 May 2016

Principal Activities

The company's principal activity during the period was the Sale of plumbing and heating equipment and supplies.

Directors
 The directors shown below have held office during the whole of the period from
01 June 2015 to 31 May 2016
Kevin Kin Hay Kwan

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 27 January 2017
And Signed On Behalf Of The Board By:

Name: Kevin Kin Hay Kwan
Status: Director

EVERGREEN GOODS LTD.

Micro-Entity Profit and Loss Account

for the Period Ended 31 May 2016


Notes
2016
£		 14 months to
31 May 2015
£
Turnover: 41,267 3,436
Cost of raw materials and consumables: ( 21,720 ) ( 6,544 )
Other Charges: ( 56,229 ) ( 4,328 )
Profit or (loss): ( 36,682 ) ( 7,436 )

EVERGREEN GOODS LTD.

Micro-Entity Balance sheet

As at 31 May 2016


Notes
2016
£		 14 months to
31 May 2015
£
Called up share capital not paid: 0 0
Fixed assets: 486 607
Current assets
Stocks: 46,781 10,000
Debtors: 3,036 292
Cash at bank and in hand: 2,232 873
Total current assets: 52,049 11,165
Creditors: amounts falling due within one year: 2 ( 96,153 ) ( 18,708 )
Net current assets (liabilities): ( 44,104 ) ( 7,543 )
Total assets less current liabilities: ( 43,618 ) ( 6,936 )
Total net assets (liabilities): ( 43,618 ) ( 6,936 )
Capital and reserves
Called up share capital: 3 500 500
Profit and loss account: ( 44,118 ) ( 7,436 )
Total shareholders funds: ( 43,618 ) ( 6,936 )

EVERGREEN GOODS LTD.

Balance sheet continued

As at 31 May 2016

For the year ending 31 May 2016 the company was entitled to exemption 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 in accordance with the provisions of the small companies regime applicable to micro-entities.

The financial statements were approved by the Board of Directors on 27 January 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Kevin Kin Hay Kwan
Status: Director

EVERGREEN GOODS LTD.

Notes to the Micro-Entity Accounts

for the Period Ended 31 May 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under historical cost convention and
    in accordance with the provisions of the small companies regime applicable to micro entities.

    Turnover policy

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

    Tangible fixed assets depreciation policy

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

    Valuation information and policy

    Stocks are valued at the lower of cost and net realisable value, after making due allowance
    for obsolete and slow moving items.

    Other accounting policies

    No liability to UK corporation tax arose on ordinary activities for the period.

EVERGREEN GOODS LTD.

Notes to the Micro-Entity Accounts

for the Period Ended 31 May 2016

  • 2. Creditors: amounts falling due within one year


    2016
    £    		 14 months to
    31 May 2015
    £
    Accruals and deferred income: 500 650
    Other creditors: 95,653 18,058
    Total: 96,153 18,708

    Director has invested additional monies in the business via Directors loan. Balance as at balance sheet date £95,653 (£18,058 Year 2015)

EVERGREEN GOODS LTD.

Notes to the Micro-Entity Accounts

for the Period Ended 31 May 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 14 months to
    31 May 2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2,000 0.25 500
    Preference shares: 0
    Total share capital (£): 500
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2,000 0.25 500
    Preference shares: 0
    Total share capital (£): 500