EVOLUTION BOTTLING AND PACKAGING SOLUTIONS LIMITED


Directors	BERTOLASO, Antonio
	CLELLAND, Colin


Registered Address	Greaves, West & Ayre
	17 Walkergate
	Berwick-Upon-Tweed
	TD15 1DJ


Registered Number	05369178 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		596,427		478,980
Investment property	4		532,904		386,510
			1,129,331		865,490
Current assets
Debtors	5,6	2,760,360		4,703,240
Cash at bank and on hand		2,214,254		1,943,534
		4,974,614		6,646,774
Creditors amounts falling due within one year	7	(2,393,313)		(4,448,509)
Net current assets (liabilities)			2,581,301		2,198,265
Total assets less current liabilities			3,710,632		3,063,755
Creditors amounts falling due after one year	8		(75,324)		-
Provisions for liabilities	10		(38,772)		(8,570)
Net assets			3,596,536		3,055,185
Capital and reserves
Called up share capital			40,170		40,170
Other reserves			40,030		40,030
Profit and loss account			3,516,336		2,974,985
Shareholders' funds			3,596,536		3,055,185

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 August 2025, and are signed on its behalf by:

BERTOLASO, Antonio
Director

CLELLAND, Colin
Director

Registered Company No. 05369178

EVOLUTION BOTTLING AND PACKAGING SOLUTIONS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Land and buildings	2
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

	Investment property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

	Finance leases and hire purchase contracts
	Assets obtained under hire purchase contracts are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Finance leases and hire purchase contracts

Assets obtained under hire purchase contracts are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

2.	Average number of employees


		2024		2023
	Average number of employees during the year	22		22

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 January 24	421,460	583	140,913	77,154	33,673	673,783
Additions	-	11,863	160,917	-	4,807	177,587
Disposals	-	-	(65,120)	-	-	(65,120)
At 31 December 24	421,460	12,446	236,710	77,154	38,480	786,250
Depreciation and impairment
At 01 January 24	33,716	539	89,969	49,567	21,012	194,803
Charge for year	8,429	1,774	23,945	7,096	4,698	45,942
On disposals	-	-	(50,922)	-	-	(50,922)
At 31 December 24	42,145	2,313	62,992	56,663	25,710	189,823
Net book value
At 31 December 24	379,315	10,133	173,718	20,491	12,770	596,427
At 31 December 23	387,744	44	50,944	27,587	12,661	478,980

4.	Investment property


		£
	Fair value at 01 January 24	386,510
	Additions	146,394
	At 31 December 24	532,904

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	2,236,169	4,661,252
Other debtors	2,191	1,988
Prepayments and accrued income	522,000	40,000
Total	2,760,360	4,703,240

6.	Debtors: amounts due after one year

7.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	1,317,752	2,660,967
Bank borrowings and overdrafts	8,410	8,410
Taxation and social security	615,414	927,577
Finance lease and HP contracts	8,850	-
Other creditors	51,887	46,555
Accrued liabilities and deferred income	391,000	805,000
Total	2,393,313	4,448,509

8.	Creditors: amounts due after one year

	2024	2023
	£	£
Other creditors	75,324	-
Total	75,324	-

9.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	75,324		-

10.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	38,772	8,570
Total	38,772	8,570

11.	Operating lease commitments
	At 31 December 2024, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £97,739 (2023 – £14,466)