Evolve AMS UK Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08819378 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Evolve AMS UK Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M D Carr

Mr A Hayward

Mrs N Hayward

REGISTERED OFFICE:

Unit 75

Waterham Business Park

Faversham

Kent

ME13 9EJ

REGISTERED NUMBER:

08819378 (England and Wales)

ACCOUNTANTS:

A4G LLP

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

FIXED ASSETS

Tangible assets

5

1,500

2,291

CURRENT ASSETS

Stocks

2,650

-

Debtors

91,459

74,103

Cash at bank and in hand

7,626

5,069

101,735

79,172

CREDITORS

Amounts falling due within one year

103,035

82,195

NET CURRENT LIABILITIES

(1,300

)

(3,023

)

TOTAL ASSETS LESS CURRENT LIABILITIES

200

(732

)

CAPITAL AND RESERVES

Called up share capital

200

100

Retained earnings

-

(832

)

SHAREHOLDERS' FUNDS

200

(732

)

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 September 2017 and were signed on its behalf by:

Mr A Hayward - Director

Mrs N Hayward - Director

1.	STATUTORY INFORMATION

Evolve AMS UK Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Revenue from the provision of medical adaptation services is recognised at the point at which those services have

been provided to the customer. Where payments are received from customers in advance of services provided,

the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Stocks

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

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2015 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2016

3,437

Additions

532

At 31 December 2016

3,969

DEPRECIATION

At 1 January 2016

1,146

Charge for year

1,323

At 31 December 2016

2,469

NET BOOK VALUE

At 31 December 2016

1,500

At 31 December 2015

2,291

6.	RELATED PARTY DISCLOSURES

During the year the company repaid £12,651 (2015: £nil) in respect of the loans made by the shareholder, Mr A

Hayward. This therefore leaves total loans owed to the shareholder, Mr A Hayward, at the year end of £9,025

(2015: £21,676) held under creditors due within one year. The loan is made to the company interest free and is

repayable on demand.

During the year the company repaid £12,650 (2015: £nil) in respect of the loans made by the shareholder, Mrs N

Hayward. This therefore leaves total loans owed to the shareholder, Mrs N Hayward, at the year end of £9,025

(2015: £21,675) held under creditors due within one year. The loan is made to the company interest free and is

repayable on demand.