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REGISTERED NUMBER: 01256634 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2017

FOR

R & H EVANS AUTOS & ENGINEERING LIMITED

R & H EVANS AUTOS & ENGINEERING LIMITED (REGISTERED NUMBER: 01256634)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


R & H EVANS AUTOS & ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2017







DIRECTORS: R J Evans
H T Evans





SECRETARY: C R Watling





REGISTERED OFFICE: Chancery House
3 Hatchlands Road
Redhill
Surrey
RH1 6AA





REGISTERED NUMBER: 01256634 (England and Wales)





ACCOUNTANTS: Vista Partners Limited
Accountants and Tax Advisers
Chancery House
3 Hatchlands Road
Redhill
Surrey
RH1 6AA

R & H EVANS AUTOS & ENGINEERING LIMITED (REGISTERED NUMBER: 01256634)

STATEMENT OF FINANCIAL POSITION
31 MAY 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,885 3,005,062
Investments 6 400 400
4,285 3,005,462

CURRENT ASSETS
Stocks 408,268 520,844
Debtors 7 2,540,728 38,177
Cash at bank and in hand 302,950 10,386
3,251,946 569,407
CREDITORS
Amounts falling due within one year 8 582,624 419,578
NET CURRENT ASSETS 2,669,322 149,829
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,673,607

3,155,291

PROVISIONS FOR LIABILITIES 416 200,673
NET ASSETS 2,673,191 2,954,618

CAPITAL AND RESERVES
Called up share capital 80,000 80,000
Share premium 40,000 40,000
Revaluation reserve - 2,597,560
Retained earnings 2,553,191 237,058
SHAREHOLDERS' FUNDS 2,673,191 2,954,618

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

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

R & H EVANS AUTOS & ENGINEERING LIMITED (REGISTERED NUMBER: 01256634)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2017


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 and authorised for issue by the Board of Directors on 26 June 2018 and were
signed on its behalf by:





R J Evans - Director


R & H EVANS AUTOS & ENGINEERING LIMITED (REGISTERED NUMBER: 01256634)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017

1. STATUTORY INFORMATION

R & H Evans Autos & Engineering 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The directors have prepared the accounts on the going concern basis as they consider that the company has
adequate resources to continue in operation for the foreseeable future.

Significant judgements and estimates
In preparing these financial statements, the members have made the following judgements:

- Determining whether there are indicators of impairment of the entity's tangible assets. Factors taken into
consideration in reaching such a decision include the economic viability and expected future financial
performance of the asset and where it is a component of a larger cash generating unit, the viability and expected
future performance of that unit.

Other key sources of estimation uncertainty:

Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where
appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a
number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and
maintenance programmes are taken into account. Residual value assessments consider issues such as future
market conditions, the remaining life of the asset and projected disposal values.

Turnover and income recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Income is recognised once all contractual obligations have been met.

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 etc - 33.33% on cost, 25% on reducing balance and 15% on reducing balance

No depreciation is provided on freehold properties as the useful economic lives of these assets are so high that
any depreciation would not be material. Residual values are based upon prices prevailing at the date of
acquisition or subsequent valuation. Provision is made in the profit and loss account for any permanent
diminution in value.

R & H EVANS AUTOS & ENGINEERING LIMITED (REGISTERED NUMBER: 01256634)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2017

3. ACCOUNTING POLICIES - continued

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

Financial instruments
Basic financial instruments are recognised at amortised cost. Financial liabilities and equity instruments are
classified according to the substance of the contractual agreements entered into. An equity instrument is any
contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

Investments
Investments are included at cost less amounts written off. Profits or losses arising from disposals of fixed asset
investments are treated as part of the result from ordinary activities.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2016 - 12 ) .

R & H EVANS AUTOS & ENGINEERING LIMITED (REGISTERED NUMBER: 01256634)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2017

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2016 3,000,000 126,357 3,126,357
Disposals (3,000,000 ) - (3,000,000 )
At 31 May 2017 - 126,357 126,357
DEPRECIATION
At 1 June 2016 - 121,295 121,295
Charge for year - 1,177 1,177
At 31 May 2017 - 122,472 122,472
NET BOOK VALUE
At 31 May 2017 - 3,885 3,885
At 31 May 2016 3,000,000 5,062 3,005,062

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 June 2016
and 31 May 2017 400
NET BOOK VALUE
At 31 May 2017 400
At 31 May 2016 400

Cost or valuation at 31 May 2017 is represented by:

Other
investments
£   
Cost 400

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 33,104 35,107
Other debtors 2,507,624 3,070
2,540,728 38,177

R & H EVANS AUTOS & ENGINEERING LIMITED (REGISTERED NUMBER: 01256634)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2017

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 357,102 313,901
Trade creditors 18,027 26,715
Taxation and social security 159,588 44,447
Other creditors 47,907 34,515
582,624 419,578

9. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Bank overdrafts 357,102 313,901

The bank overdraft is secured by an unlimited guarantee and first legal charge over the commercial premises at
673-681 London Road, North Cheam.