Everbyte Limited
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Notes to the Accounts |
for the year ended 24 December 2018
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
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Freehold land and buildings |
2% on cost per annum |
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2 |
Tangible fixed assets |
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Land and buildings |
£ |
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Cost |
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At 25 December 2017 |
5,447 |
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At 24 December 2018 |
5,447 |
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Depreciation |
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At 25 December 2017 |
2,071 |
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Charge for the year |
109 |
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At 24 December 2018 |
2,180 |
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Net book value |
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At 24 December 2018 |
3,267 |
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At 24 December 2017 |
3,376 |
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3 |
Other information |
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Everbyte Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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17 Abingdon Road |
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London |
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W8 6AH |