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Company Registration No. 9570569 (England and Wales)
Simply Evolve Ltd Unaudited accounts for the year ended 30 April 2024
Simply Evolve Ltd Unaudited accounts Contents
Page
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Simply Evolve Ltd Company Information for the year ended 30 April 2024
Directors
Paul Govind Baker Timothy Charles Coghlan
Company Number
9570569 (England and Wales)
Registered Office
Tadcaster Enterprise Park, Commer House Station Road Tadcaster LS24 9JF
Accountants
Tarrens Accountants Limited 11 Wheatsheaf Close Ripon HG4 2SH
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Simply Evolve Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,314 
86 
Current assets
Debtors
5,216 
20,645 
Cash at bank and in hand
74,650 
103,369 
79,866 
124,014 
Creditors: amounts falling due within one year
(17,225)
(26,777)
Net current assets
62,641 
97,237 
Net assets
63,955 
97,323 
Capital and reserves
Called up share capital
3 
3 
Capital redemption reserve
2 
2 
Profit and loss account
63,950 
97,318 
Shareholders' funds
63,955 
97,323 
For the year ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by
Paul Govind Baker Director Company Registration No. 9570569
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Simply Evolve Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Simply Evolve Ltd is a private company, limited by shares, registered in England and Wales, registration number 9570569. The registered office is Tadcaster Enterprise Park, Commer House, Station Road, Tadcaster, LS24 9JF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
33% straight line
Computer equipment
15% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The intangible asset is the goodwill paid when the business was acquired in 2015. It has been amortised evenly over its estimated useful life of two years.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Simply Evolve Ltd Notes to the Accounts for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
5,004 
At 30 April 2024
5,004 
Amortisation
At 1 May 2023
5,004 
At 30 April 2024
5,004 
Net book value
At 30 April 2024
- 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
1,927 
23,495 
25,422 
Additions
- 
1,878 
1,878 
At 30 April 2024
1,927 
25,373 
27,300 
Depreciation
At 1 May 2023
1,927 
23,409 
25,336 
Charge for the year
- 
650 
650 
At 30 April 2024
1,927 
24,059 
25,986 
Net book value
At 30 April 2024
- 
1,314 
1,314 
At 30 April 2023
- 
86 
86 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,243 
19,672 
Other debtors
973 
973 
5,216 
20,645 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,829 
10,410 
Trade creditors
4,744 
6,648 
Taxes and social security
2,254 
8,214 
Loans from directors
2,508 
625 
Accruals
890 
880 
17,225 
26,777 
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Simply Evolve Ltd Notes to the Accounts for the year ended 30 April 2024
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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