G.L.P. Evans Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04593581 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

G.L.P. Evans Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G L P Evans

SECRETARY:

Mrs C M Evans

REGISTERED OFFICE:

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3JP

REGISTERED NUMBER:

04593581 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

107,712

74,949

107,712

74,949

CURRENT ASSETS

Stocks

6

2,450

2,770

Debtors

7

36,890

31,952

Cash at bank

76,085

53,410

115,425

88,132

CREDITORS

Amounts falling due within one year

8

30,632

19,862

NET CURRENT ASSETS

84,793

68,270

TOTAL ASSETS LESS CURRENT LIABILITIES

192,505

143,219

PROVISIONS FOR LIABILITIES

15,888

26,809

NET ASSETS

176,617

116,410

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

176,614

116,407

SHAREHOLDERS' FUNDS

176,617

116,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 27 December 2018 and were signed by:

G L P Evans - Director

1.	STATUTORY INFORMATION

G.L.P. Evans 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

moving items.

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 1 (2017 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

17,000

AMORTISATION

At 1 April 2017

and 31 March 2018

17,000

NET BOOK VALUE

At 31 March 2018

-

At 31 March 2017

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 April 2017

24,093

85,871

2,731

112,695

Additions

-

67,992

-

67,992

Disposals

-

(45,000

)

-

(45,000

)

At 31 March 2018

24,093

108,863

2,731

135,687

DEPRECIATION

At 1 April 2017

-

35,495

2,251

37,746

Charge for year

-

12,093

96

12,189

Eliminated on disposal

-

(21,960

)

-

(21,960

)

At 31 March 2018

-

25,628

2,347

27,975

NET BOOK VALUE

At 31 March 2018

24,093

83,235

384

107,712

At 31 March 2017

24,093

50,376

480

74,949

6.

STOCKS

31.3.18

31.3.17

£

£

Stocks

2,450

2,770

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

36,315

31,377

Other debtors

575

575

36,890

31,952

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

6,115

6,110

Taxation and social security

14,456

4,351

Other creditors

10,061

9,401

30,632

19,862

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and

31 March 2017:

31.3.18

31.3.17

£

£

G L P Evans

Balance outstanding at start of year

(9,401

)

(737

)

Amounts advanced

26,777

56,348

Amounts repaid

(27,437

)

(65,012

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,061

)

(9,401

)