REGISTERED NUMBER: 09816687 (England and Wales)

EVOLUTION TREE WORKS SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

118,509

90,532

CURRENT ASSETS

Stocks

9,845

9,845

Debtors

5

9,808

11,932

Cash at bank

103,548

95,331

123,201

117,108

CREDITORS

Amounts falling due within one year

6

38,376

35,507

NET CURRENT ASSETS

84,825

81,601

TOTAL ASSETS LESS CURRENT LIABILITIES

203,334

172,133

CREDITORS

Amounts falling due after more than one year

7

(55,604

)

(74,616

)

PROVISIONS FOR LIABILITIES

(22,517

)

(17,201

)

NET ASSETS

125,213

80,316

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

125,112

80,215

SHAREHOLDERS' FUNDS

125,213

80,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 June 2025 and were signed by:

Mr M Read - Director

1.	STATUTORY INFORMATION

Evolution Tree Works Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09816687

Registered office:

71 Knowl Piece

Wilbury Way

Hitchin

Herts

SG4 0TY

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.

Going concern

The director has a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are again prepared on the going concern basis.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the director’s opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover

Turnover is derived from silviculture and other forestry activities and is recognised when the services are delivered to the customer. Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

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

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and 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 Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2023

191,195

Additions

55,414

Disposals

(18,950

)

At 31 October 2024

227,659

DEPRECIATION

At 1 November 2023

100,663

Charge for year

24,908

Eliminated on disposal

(16,421

)

At 31 October 2024

109,150

NET BOOK VALUE

At 31 October 2024

118,509

At 31 October 2023

90,532

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

8,085

8,772

Other debtors

1,723

3,160

9,808

11,932

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,871

5,000

Trade creditors

4,877

2,364

Taxation and social security

24,719

21,180

Other creditors

3,909

6,963

38,376

35,507

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

28,768

34,167

Other creditors

26,836

40,449

55,604

74,616

2024

2023

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,404

14,167

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £15,400 (2023 - £15,400) were paid to the director .

During the year, total dividends of £11,200 (2023 - £16,400) were paid to a family member of the director.

At the balance sheet date £26,836 (2023 - £40,449) was owed to the company's director and this amount is included in other creditors. This unsecured loan is repayable on demand and interest is charge at 0% per annum.