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COMPANY REGISTRATION NUMBER: SC591730
Evotek Holdings Limited
Filleted Unaudited Abridged Financial Statements
30 September 2024
Evotek Holdings Limited
Abridged Financial Statements
Year ended 30 September 2024
Contents
Page
Officers and professional advisers
1
Abridged statement of financial position
2
Notes to the abridged financial statements
3
Evotek Holdings Limited
Officers and Professional Advisers
Director
K.D Crawford
Company secretary
C A Crawford
Registered office
Stannergate House
41 Dundee Road West
Broughty Ferry
Dundee
DD5 1NB
Accountants
BK Plus Limited
Chartered Certified Accountants
Stannergate House
41 Dundee Road West
Broughty Ferry
Dundee
DD5 1NB
Evotek Holdings Limited
Abridged Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
£
Fixed assets
Investments
4
1,221,500
1,221,500
Creditors: amounts falling due within one year
21,500
21,500
--------
--------
Net current liabilities
21,500
21,500
------------
------------
Total assets less current liabilities
1,200,000
1,200,000
------------
------------
Capital and reserves
Called up share capital
5
1,200,000
1,200,000
------------
------------
Shareholders funds
1,200,000
1,200,000
------------
------------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of financial position for the year ending 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 29 May 2025 , and are signed on behalf of the board by:
K.D Crawford
Director
Company registration number: SC591730
Evotek Holdings Limited
Notes to the Abridged Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Stannergate House, 41 Dundee Road West, Broughty Ferry, Dundee, DD5 1NB.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company is a holding company with trading subsidiaries. The director confirms that, after making appropriate enquiries, he has a reasonable expectation that the company’s subsidiaries have adequate resources to continue in operational existence for the foreseeable future. For this reason, the company continues to adopt the going concern basis in preparing these Financial Statements.
Consolidation
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Investments
£
Cost
At 1 October 2023 and 30 September 2024
1,221,500
------------
Impairment
At 1 October 2023 and 30 September 2024
------------
Carrying amount
At 30 September 2024
1,221,500
------------
At 30 September 2023
1,221,500
------------
5. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
1,200,000
1,200,000
1,200,000
1,200,000
------------
------------
------------
------------
6. Reserves
Profit and loss account - This reserve records retained earnings and accumulated losses.
7. Director's advances, credits and guarantees
During the year the director received £75,000 (2023 - £80,000) of dividends from the company.
8. Related party transactions
The company has taken advantage of the exemptions available per the provisions of FRS 102 not to disclose details of transactions with fellow group companies on the basis that they are wholly owned subsidiaries.