REGISTERED NUMBER: 13298552 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 OCTOBER 2024

FOR

EVOLVE PROJECTS RESIDENTIAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Chowdhury

REGISTERED OFFICE:

ESC House

South Road

Weybridge

Surrey

KT13 9DZ

REGISTERED NUMBER:

13298552 (England and Wales)

ACCOUNTANTS:

EV Accountants Limited

Chartered Accountants

Unit 201, Second Floor

Metroline House

118-122 College Road

Harrow

Middlesex

HA1 1BQ

CURRENT ASSETS

Debtors

4

54,791

47,587

Cash at bank

52

186

54,843

47,773

CREDITORS

Amounts falling due within one year

5

48,668

43,145

NET CURRENT ASSETS

6,175

4,628

TOTAL ASSETS LESS CURRENT LIABILITIES

6,175

4,628

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

6,075

4,528

SHAREHOLDERS' FUNDS

6,175

4,628

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 June 2025 and were signed by:

M Chowdhury - Director

1.	STATUTORY INFORMATION

Evolve Projects Residential Ltd 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.	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.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year in respect of services provided to clients for construction projects and related work. Turnover is recognised where there is certainty of the receipt of an invoice value.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Going concern

The financial statements have been prepared on the going concern basis after taking into account the accumulated losses to date and the excess of liabilities over assets at the balance sheet date, as we believe that adequate cash resources will be available to cover the company's requirements for working capital and capital expenditure for at least the next twelve months. In this regard we confirm that the required financial support will continue to be provided by the directors. We are not aware of any other factors which could put into jeopardy the company's going concern status during or beyond this period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Other debtors

54,791

47,587

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Trade creditors

288

293

Taxation and social security

16,510

10,892

Other creditors

31,870

31,960

48,668

43,145

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2024

value:

£

£

100

Ordinary Shares

£1

100

100

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Other creditors due within one year include an interest-free loan provided by the director of £90 (2024: £180).

8.	RELATED PARTY DISCLOSURES

Other debtors due within one year includes an amount of £51,795 (2024 - £47,485) owed from Concept Eight Architects Limited, a company in which the director has an interest.

Other creditors due within one year includes an amount of £30,530 (2024 - £30,530) owed to Concept Eight Design Limited, a company in which the director has an interest.

No other transactions with related parties were undertaken such as are required to be disclosed under FRS 102, Section 1A.