EAV CO-ORDINATED LIMITED - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02995134 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

EAV CO-ORDINATED LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Newman

R Newman

SECRETARY:

Mrs E C Newman

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

02995134 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

2,559,058

2,233,650

CURRENT ASSETS

Debtors

5

171,913

180,087

Cash at bank

601,699

590,906

773,612

770,993

CREDITORS

Amounts falling due within one year

6

267,873

279,961

NET CURRENT ASSETS

505,739

491,032

TOTAL ASSETS LESS CURRENT LIABILITIES

3,064,797

2,724,682

PROVISIONS FOR LIABILITIES

144,698

144,838

NET ASSETS

2,920,099

2,579,844

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Capital redemption reserve

950

950

Fair value reserve

7

735,504

625,203

Retained earnings

2,173,645

1,943,691

SHAREHOLDERS' FUNDS

2,920,099

2,579,844

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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.

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 16 May 2018 and were signed on its behalf by:

D Newman - Director

R Newman - Director

1.	STATUTORY INFORMATION

EAV Co-ordinated 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods and services, 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.

Freehold property

-

not provided

Leasehold property

-

not provided

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer software

-

33% on reducing balance

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2016 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Leasehold

and

property

property

fittings

£

£

£

COST OR VALUATION

At 1 January 2017

124,500

2,028,300

336,033

Additions

-

237,443

17,309

Revaluations

15,500

94,801

-

At 31 December 2017

140,000

2,360,544

353,342

DEPRECIATION

At 1 January 2017

-

-

291,696

Charge for year

-

-

20,343

Eliminated on disposal

-

-

-

At 31 December 2017

-

-

312,039

NET BOOK VALUE

At 31 December 2017

140,000

2,360,544

41,303

At 31 December 2016

124,500

2,028,300

44,337

Motor

Computer

vehicles

software

Totals

£

£

£

COST OR VALUATION

At 1 January 2017

28,100

191,793

2,708,726

Additions

-

-

254,752

Disposals

(14,050

)

-

(14,050

)

Revaluations

-

-

110,301

At 31 December 2017

14,050

191,793

3,059,729

DEPRECIATION

At 1 January 2017

3,516

179,864

475,076

Charge for year

3,073

3,937

27,353

Eliminated on disposal

(1,758

)

-

(1,758

)

At 31 December 2017

4,831

183,801

500,671

NET BOOK VALUE

At 31 December 2017

9,219

7,992

2,559,058

At 31 December 2016

24,584

11,929

2,233,650

Cost or valuation at 31 December 2017 is represented by:

Fixtures

Freehold

Leasehold

and

property

property

fittings

£

£

£

Valuation in 2015

1,918

552,417

-

Valuation in 2016

15,704

186,990

-

Valuation in 2017

15,500

94,801

-

Cost

106,878

1,526,336

353,342

140,000

2,360,544

353,342

Motor

Computer

vehicles

software

Totals

£

£

£

Valuation in 2015

-

-

554,335

Valuation in 2016

-

-

202,694

Valuation in 2017

-

-

110,301

Cost

14,050

191,793

2,192,399

14,050

191,793

3,059,729

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

149,079

165,501

Other debtors

-

941

Prepayments

22,834

13,645

171,913

180,087

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

18,869

5,281

Tax

107,093

122,457

Social security and other taxes

5,112

6,179

VAT

58,827

64,156

Other creditors

56,322

58,793

Directors' current accounts

175

175

Accrued expenses

21,475

22,920

267,873

279,961

7.

RESERVES

Fair

value

reserve

£

At 1 January 2017

625,203

Revaluation

110,301

At 31 December 2017

735,504

8.	RELATED PARTY DISCLOSURES

During the year the company received management charges totalling £90,249 (2016: £79,707), rental income

totalling £33,000 (2016: £27,667) and Forklift rental totalling £2,537 (2016: £1,422 ) from Elkens Storage and

Distribution, of which the directors are partners.

Storage rent of £10,000 (2016: £ - ) was also paid to Elkens Storage and Distribution during the year.

These transactions were made under normal commercial terms.