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REGISTERED NUMBER: 11820449 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

EVOLUTION SOLUTIONS (NW) LIMITED

EVOLUTION SOLUTIONS (NW) LIMITED (REGISTERED NUMBER: 11820449)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

EVOLUTION SOLUTIONS (NW) LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2025







DIRECTOR: P A Whitfield





REGISTERED OFFICE: Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB





REGISTERED NUMBER: 11820449 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB

EVOLUTION SOLUTIONS (NW) LIMITED (REGISTERED NUMBER: 11820449)

BALANCE SHEET
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 183,912 159,948

CURRENT ASSETS
Stocks 94,000 50,000
Debtors 6 533,261 407,980
Cash at bank and in hand 22,599 71,754
649,860 529,734
CREDITORS
Amounts falling due within one year 7 790,809 701,984
NET CURRENT LIABILITIES (140,949 ) (172,250 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,963

(12,302

)

CREDITORS
Amounts falling due after more than one
year

8

158,766

200,592
NET LIABILITIES (115,803 ) (212,894 )

CAPITAL AND RESERVES
Called up share capital 900 900
Retained earnings (116,703 ) (213,794 )
(115,803 ) (212,894 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

EVOLUTION SOLUTIONS (NW) LIMITED (REGISTERED NUMBER: 11820449)

BALANCE SHEET - continued
28 February 2025


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 director and authorised for issue on 6 May 2025 and were signed by:





P A Whitfield - Director


EVOLUTION SOLUTIONS (NW) LIMITED (REGISTERED NUMBER: 11820449)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025


1. STATUTORY INFORMATION

Evolution Solutions (NW) 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Income recognition
Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price, less costs to sell. In respect of work in progress and finished goods, cost included a relevant proportion of overheads according to the stage of manufacture/completion.

Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Hire purchase and leasing commitments
Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other intangible assets. The related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

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.

EVOLUTION SOLUTIONS (NW) LIMITED (REGISTERED NUMBER: 11820449)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


3. ACCOUNTING POLICIES - continued

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 237,595
Additions 69,866
At 28 February 2025 307,461
DEPRECIATION
At 1 March 2024 77,647
Charge for year 45,902
At 28 February 2025 123,549
NET BOOK VALUE
At 28 February 2025 183,912
At 29 February 2024 159,948

EVOLUTION SOLUTIONS (NW) LIMITED (REGISTERED NUMBER: 11820449)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2024 231,553
Additions 69,866
At 28 February 2025 301,419
DEPRECIATION
At 1 March 2024 35,345
Charge for year 13,973
At 28 February 2025 49,318
NET BOOK VALUE
At 28 February 2025 252,101
At 29 February 2024 196,208

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 406,689 262,261
Other debtors 126,572 145,719
533,261 407,980

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 3,000 3,000
Hire purchase contracts (see note 9) 57,463 50,249
Trade creditors 223,941 244,906
Amounts owed to associates 360,549 354,500
Taxation and social security 110,078 15,623
Other creditors 35,778 33,706
790,809 701,984

EVOLUTION SOLUTIONS (NW) LIMITED (REGISTERED NUMBER: 11820449)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Bank loans 15,310 18,437
Hire purchase contracts (see note 9) 46,099 46,019
Other creditors 97,357 136,136
158,766 200,592

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,310 6,437

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

28.2.25 29.2.24
£    £   
Net obligations repayable:
Within one year 57,463 50,249
Between one and five years 46,099 46,019
103,562 96,268

10. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Hire purchase contracts 103,562 96,268

Hire purchase liabilities are secured on the assets to which they relate.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
EVOLUTION SOLUTIONS (NW) LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Evolution Solutions (NW) Limited for the year ended 28 February 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Evolution Solutions (NW) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Evolution Solutions (NW) Limited and state those matters that we have agreed to state to the director of Evolution Solutions (NW) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Evolution Solutions (NW) Limited and its director for our work or for this report.

It is your duty to ensure that Evolution Solutions (NW) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Evolution Solutions (NW) Limited. You consider that Evolution Solutions (NW) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Evolution Solutions (NW) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB


6 May 2025