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REGISTERED NUMBER: 09468845 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2024

for

EVANS BROTHERS LIMITED

EVANS BROTHERS LIMITED (REGISTERED NUMBER: 09468845)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


EVANS BROTHERS LIMITED (REGISTERED NUMBER: 09468845)

Balance Sheet
31 DECEMBER 2024

31.12.24 31.12.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 317,466 139,811
Investment property 6 4,994,500 4,556,607
5,311,967 4,696,419

CURRENT ASSETS
Debtors 7 126,377 66,655
Cash at bank 255,918 184,197
382,295 250,852
CREDITORS
Amounts falling due within one year 8 1,165,864 996,701
NET CURRENT LIABILITIES (783,569 ) (745,849 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,528,398

3,950,570

CREDITORS
Amounts falling due after more than one
year

9

(922,210

)

(706,065

)

PROVISIONS FOR LIABILITIES 11 (490,128 ) (428,609 )
NET ASSETS 3,116,060 2,815,896

CAPITAL AND RESERVES
Called up share capital 12 100 100
Fair value reserve 13 1,553,133 1,217,211
Retained earnings 1,562,827 1,598,585
SHAREHOLDERS' FUNDS 3,116,060 2,815,896

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

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

EVANS BROTHERS LIMITED (REGISTERED NUMBER: 09468845)

Balance Sheet - continued
31 DECEMBER 2024


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 Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





Mr C H Evans - Director


EVANS BROTHERS LIMITED (REGISTERED NUMBER: 09468845)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Evans Brothers 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: 09468845

Registered office: 1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value.

Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover
Turnover is measured as the fair value of the consideration received or receivable on the property rental and hire of equipment, excluding value added tax.

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.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment properties for which fair value can be measured reliably are measured at fair value at each reporting date with changes in fair value recognised in the income statement. The directors valued the properties at the balance sheet date.

Taxation
Taxation for the year 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 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

EVANS BROTHERS LIMITED (REGISTERED NUMBER: 09468845)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 1
NET BOOK VALUE
At 31 December 2024 1
At 31 December 2023 1

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 280,172 93,634 373,806
Additions 133,838 106,835 240,673
Disposals (36,572 ) (49,749 ) (86,321 )
At 31 December 2024 377,438 150,720 528,158
DEPRECIATION
At 1 January 2024 152,304 81,691 233,995
Charge for year 19,633 10,321 29,954
Eliminated on disposal (10,149 ) (43,108 ) (53,257 )
At 31 December 2024 161,788 48,904 210,692
NET BOOK VALUE
At 31 December 2024 215,650 101,816 317,466
At 31 December 2023 127,868 11,943 139,811

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 4,556,607
Additions 99,410
Revaluations 338,483
At 31 December 2024 4,994,500
NET BOOK VALUE
At 31 December 2024 4,994,500
At 31 December 2023 4,556,607

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2015 81,682
Valuation in 2020 843,116
Valuation in 2022 731,879
Valuation in 2024 338,483
Cost 2,999,340
4,994,500

EVANS BROTHERS LIMITED (REGISTERED NUMBER: 09468845)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Trade debtors 28,611 21,216
Other debtors 97,766 45,439
126,377 66,655

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Bank loans and overdrafts 100,000 141,000
Hire purchase contracts 12,894 -
Trade creditors 680,068 375,323
Taxation and social security 5 65,979
Other creditors 372,897 414,399
1,165,864 996,701

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Bank loans 900,000 706,065
Hire purchase contracts 22,210 -
922,210 706,065

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 500,000 319,124

10. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
as restated
£    £   
Bank loans 1,000,000 847,065

The company has provided security to the bank in the form of legal charges over various properties.

11. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
as restated
£    £   
Deferred tax 490,128 428,609

Deferred
tax
£   
Balance at 1 January 2024 428,609
Provided during year 61,519
Balance at 31 December 2024 490,128

EVANS BROTHERS LIMITED (REGISTERED NUMBER: 09468845)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: as restated
£    £   
100 Ordinary £1 100 100

13. RESERVES
Fair
value
reserve
£   
At 1 January 2024 1,217,211
Fair value P&L transfer 335,922

At 31 December 2024 1,553,133