Evolve AMS UK Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08819378 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

Evolve AMS UK Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Hayward

Mrs N Hayward

REGISTERED OFFICE:

Unit 75

Waterham Business Park

Faversham

Kent

ME13 9EJ

REGISTERED NUMBER:

08819378 (England and Wales)

FIXED ASSETS

Tangible assets

5

17,317

1,501

CURRENT ASSETS

Stocks

1,950

2,650

Debtors

95,163

91,459

Cash at bank and in hand

11,607

7,626

108,720

101,735

CREDITORS

Amounts falling due within one year

95,188

103,035

NET CURRENT ASSETS/(LIABILITIES)

13,532

(1,300

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,849

201

CREDITORS

Amounts falling due after more than one year

(19,320

)

-

PROVISIONS FOR LIABILITIES

(3,290

)

-

NET ASSETS

8,239

201

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

8,039

1

SHAREHOLDERS' FUNDS

8,239

201

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.

All the members have consented to the preparation of an abridged Profit and Loss Account and an abridged Balance Sheet for the year ended 31 December 2017 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 30 July 2018 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held

under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the

shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital

element of the future payments is treated as a liability.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2017

3,969

Additions

23,001

At 31 December 2017

26,970

DEPRECIATION

At 1 January 2017

2,468

Charge for year

7,185

At 31 December 2017

9,653

NET BOOK VALUE

At 31 December 2017

17,317

At 31 December 2016

1,501

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

Additions

21,663

At 31 December 2017

21,663

NET BOOK VALUE

At 31 December 2017

21,663

6.	RELATED PARTY DISCLOSURES