Company Registration No. 07615189 (England and Wales)
Evolution Connection Limited
Unaudited accounts
for the year ended 31 March 2023
Evolution Connection Limited
Unaudited accounts
Contents
Evolution Connection Limited
Company Information
for the year ended 31 March 2023
Company Number
07615189 (England and Wales)
Registered Office
2 George Street
Grays
Essex
RM17 6LY
Accountants
MRA Tax Services
6 Wendover Place
Staines
Middlesex
TW18 3DG
Evolution Connection Limited
Statement of financial position
as at 31 March 2023
Tangible assets
656,713
654,982
Cash at bank and in hand
66,425
74,656
Creditors: amounts falling due within one year
(757,278)
(747,269)
Net current assets
313,987
72,480
Total assets less current liabilities
970,700
727,462
Creditors: amounts falling due after more than one year
(850,408)
(630,931)
Called up share capital
100
100
Profit and loss account
120,192
96,431
Shareholders' funds
120,292
96,531
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 July 2023 and were signed on its behalf by
Ricky Fernando
Director
Company Registration No. 07615189
Evolution Connection Limited
Notes to the Accounts
for the year ended 31 March 2023
Evolution Connection Limited is a private company, limited by shares, registered in England and Wales, registration number 07615189. The registered office is 2 George Street, Grays, Essex, RM17 6LY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
5,643
957,454
21,110
984,207
Additions
596
77,048
4,341
81,985
At 31 March 2023
6,239
1,034,502
25,451
1,066,192
At 1 April 2022
4,715
318,982
5,528
329,225
Charge for the year
381
74,864
5,009
80,254
At 31 March 2023
5,096
393,846
10,537
409,479
At 31 March 2023
1,143
640,656
14,914
656,713
At 31 March 2022
928
638,472
15,582
654,982
Evolution Connection Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
568,555
690,323
Accrued income and prepayments
51,900
-
Other debtors
288,760
54,770
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Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
154,445
143,330
Trade creditors
274,479
52,782
Taxes and social security
39,940
51,231
Other creditors
278,828
499,926
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Creditors: amounts falling due after more than one year
2023
2022
Bank loans
389,909
236,729
Obligations under finance leases and hire purchase contracts
460,499
394,202
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Average number of employees
During the year the average number of employees was 15 (2022: 15).