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REGISTERED NUMBER: 10960570 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

EVOLVE FLOWERS LIMITED

EVOLVE FLOWERS LIMITED (REGISTERED NUMBER: 10960570)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EVOLVE FLOWERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: Ms H Chambers
A M A Shaaban





SECRETARY: Ms H Chambers





REGISTERED OFFICE: 19 Flinders Road
Donington
Spalding
United Kingdom
PE11 4TT





REGISTERED NUMBER: 10960570 (England and Wales)





ACCOUNTANTS: Wheelers
Chartered Accountants & Tax Consultants
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

EVOLVE FLOWERS LIMITED (REGISTERED NUMBER: 10960570)

BALANCE SHEET
31 JANUARY 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 3,422 8,969
Tangible assets 5 13,396 13,092
16,818 22,061

CURRENT ASSETS
Stocks 29,807 17,064
Debtors 6 5,715 5,698
Cash at bank and in hand 14,274 3,687
49,796 26,449
CREDITORS
Amounts falling due within one year 7 97,638 87,179
NET CURRENT LIABILITIES (47,842 ) (60,730 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(31,024

)

(38,669

)

CREDITORS
Amounts falling due after more than one
year

8

900

3,786
NET LIABILITIES (31,924 ) (42,455 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (31,926 ) (42,457 )
(31,924 ) (42,455 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

EVOLVE FLOWERS LIMITED (REGISTERED NUMBER: 10960570)

BALANCE SHEET - continued
31 JANUARY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:





Ms H Chambers - Director


EVOLVE FLOWERS LIMITED (REGISTERED NUMBER: 10960570)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Evolve Flowers 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

At the balance sheet date the company had net liabilities of £31,924 by virtue of its total liabilities exceeding its total assets. The directors are confident that the going concern basis for the preparation of the financial statements is appropriate, and have confirmed their continuing support for the company in writing.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

An impairment loss has been recognised in the Income Statement, following an assessment at the Balance Sheet date indicating the recoverable amount was less than its carrying value.

Computer software is being amortised evenly over its estimated useful life of ten years.

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 and 10% on cost
Motor vehicles - 20% reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


EVOLVE FLOWERS LIMITED (REGISTERED NUMBER: 10960570)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 February 2024
and 31 January 2025 12,270
AMORTISATION
At 1 February 2024 3,301
Amortisation for year 1,227
Impairments 4,320
At 31 January 2025 8,848
NET BOOK VALUE
At 31 January 2025 3,422
At 31 January 2024 8,969

EVOLVE FLOWERS LIMITED (REGISTERED NUMBER: 10960570)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2024 11,792 8,255 5,007 25,054
Additions - 7,850 300 8,150
Disposals - (8,255 ) - (8,255 )
At 31 January 2025 11,792 7,850 5,307 24,949
DEPRECIATION
At 1 February 2024 4,909 2,974 4,079 11,962
Charge for year 1,203 655 706 2,564
Eliminated on disposal - (2,973 ) - (2,973 )
At 31 January 2025 6,112 656 4,785 11,553
NET BOOK VALUE
At 31 January 2025 5,680 7,194 522 13,396
At 31 January 2024 6,883 5,281 928 13,092

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Computer
equipment
£   
COST
At 1 February 2024 2,526
Transfer to ownership (1,142 )
At 31 January 2025 1,384
DEPRECIATION
At 1 February 2024 2,042
Charge for year 230
Transfer to ownership (888 )
At 31 January 2025 1,384
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 484

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 4,455 1,408
Other debtors 1,260 4,290
5,715 5,698

EVOLVE FLOWERS LIMITED (REGISTERED NUMBER: 10960570)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 2,700 2,700
Hire purchase contracts 186 605
Trade creditors 23,698 37,293
Taxation and social security 9,248 2,960
Other creditors 61,806 43,621
97,638 87,179

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Bank loans 900 3,600
Hire purchase contracts - 186
900 3,786