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REGISTERED NUMBER: 12134723 (England and Wales)












Financial Statements

for the Year Ended 28 February 2023

for

Evolutio PS Limited

Evolutio PS Limited (Registered number: 12134723)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Evolutio PS Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: E Jones
A C Ties
Ms L M Vetter
R J Earle
J L Mcfadzean





REGISTERED OFFICE: Suite 11 N-B Trafford House, Chester Roa
Stretford
Manchester
United Kingdom
M32 0RS





REGISTERED NUMBER: 12134723 (England and Wales)





AUDITORS: PB Associates
Chartered Accountants and Chartered Tax Advisers
2 Castle Business Village
Station Road
Hampton
Middlesex
TW12 2BX

Evolutio PS Limited (Registered number: 12134723)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £   
CURRENT ASSETS
Debtors 4 100 100
Cash at bank 6,986 8,491
7,086 8,591
CREDITORS
Amounts falling due within one year 5 148,702 81,414
NET CURRENT LIABILITIES (141,616 ) (72,823 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(141,616

)

(72,823

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 (141,716 ) (72,923 )
SHAREHOLDERS' FUNDS (141,616 ) (72,823 )

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 22 November 2023 and were signed on its behalf by:





R J Earle - Director


Evolutio PS Limited (Registered number: 12134723)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Evolutio PS 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern
At the time of approving the financial statements, the directors have undertaken an assessment of the adequacy of the resources available to the company. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and accordingly continue to adopt the going concern basis of accounting in preparing the financial statements.

The parent company EULABS Limited has confirmed that it will continue to provide financial support for at least twelve months from the date that the financial statements are approved.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Evolutio PS Limited (Registered number: 12134723)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 100 100

Other debtors represents share capital subscribed for but not paid as at the balance sheet date.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 1 -
Amounts owed to group undertakings 148,701 81,414
148,702 81,414

At the balance sheet date the company owed its parent EULABS Limited £148,701

6. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Share capital 1 100 100

7. RESERVES
Retained
earnings
£   

At 1 March 2022 (72,923 )
Deficit for the year (68,793 )
At 28 February 2023 (141,716 )

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ashfaq Sharif (Senior Statutory Auditor)
for and on behalf of PB Associates

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is EULABS Limited which is company incorporated in England.