Company Registration No. 13074938 (England and Wales)
Evology Ltd
Unaudited accounts
for the year ended 31 December 2024
Evology Ltd
Unaudited accounts
Contents
Evology Ltd
Company Information
for the year ended 31 December 2024
Directors
Simon Wells
Glen Parcell
Company Number
13074938 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
England
Accountants
DB Accountancy Ltd
15 Owlscastle Close
Horsham
West Sussex
RH12 5YA
Evology Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
5,211
5,242
Cash at bank and in hand
123,893
87,350
Creditors: amounts falling due within one year
(191,615)
(75,260)
Net current assets
236,161
87,851
Total assets less current liabilities
241,372
93,093
Creditors: amounts falling due after more than one year
(3,322)
(1,494)
Called up share capital
100
100
Profit and loss account
237,950
91,499
Shareholders' funds
238,050
91,599
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by
Simon Wells
Director
Company Registration No. 13074938
Evology Ltd
Notes to the Accounts
for the year ended 31 December 2024
Evology Ltd is a private company, limited by shares, registered in England and Wales, registration number 13074938. The registered office is 124 City Road, London, EC1V 2NX, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
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Tangible fixed assets
Computer equipment
Evology Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
294,772
74,806
Accrued income and prepayments
9,111
955
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
33,775
9,640
Taxes and social security
88,946
50,585
Deferred income
4,558
5,160
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Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
3,322
1,494
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Average number of employees
During the year the average number of employees was 4 (2023: 2).