Company Registration No. 11677554 (England and Wales)
Evolve Accounting and Tax Solutions Limited
Unaudited accounts
for the year ended 30 September 2024
Evolve Accounting and Tax Solutions Limited
Unaudited accounts
Contents
Evolve Accounting and Tax Solutions Limited
Company Information
for the year ended 30 September 2024
Directors
P O'Rourke
M Yep
Company Number
11677554 (England and Wales)
Registered Office
Congress House
14 Lyon Road
Harrow
HA1 2EN
England
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Evolve Accounting and Tax Solutions Limited
Statement of financial position
as at 30 September 2024
Tangible assets
17,560
19,642
Cash at bank and in hand
160,624
199,413
Creditors: amounts falling due within one year
(402,825)
(412,519)
Net current assets
264,493
185,426
Net assets
282,053
205,068
Called up share capital
1,000
1,000
Profit and loss account
281,053
204,068
Shareholders' funds
282,053
205,068
For the year ending 30 September 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 9 June 2025 and were signed on its behalf by
M Yep
Director
Company Registration No. 11677554
Evolve Accounting and Tax Solutions Limited
Notes to the Accounts
for the year ended 30 September 2024
Evolve Accounting and Tax Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 11677554. The registered office is Congress House, 14 Lyon Road, Harrow, HA1 2EN, England.
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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.
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.
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
25% reducing balance
Computer equipment
25% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Evolve Accounting and Tax Solutions Limited
Notes to the Accounts
for the year ended 30 September 2024
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
21,567
13,309
34,876
At 30 September 2024
21,567
17,081
38,648
At 1 October 2023
8,719
6,515
15,234
Charge for the year
3,212
2,642
5,854
At 30 September 2024
11,931
9,157
21,088
At 30 September 2024
9,636
7,924
17,560
At 30 September 2023
12,848
6,794
19,642
Amounts falling due within one year
Trade debtors
435,765
322,252
Accrued income and prepayments
10,479
15,830
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
51,481
2,966
Taxes and social security
95,554
91,725
Other creditors
1,355
51,369
Loans from directors
-
2,307
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Average number of employees
During the year the average number of employees was 13 (2023: 13).