REGISTERED NUMBER: 12930071 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Evolve Child Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G Dawkins

REGISTERED OFFICE:

Suite B

Blackdown House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

REGISTERED NUMBER:

12930071 (England and Wales)

FIXED ASSETS

Tangible assets

4

17,178

19,408

CURRENT ASSETS

Debtors

5

69,449

71,180

Cash at bank and in hand

47,069

24,870

116,518

96,050

CREDITORS

Amounts falling due within one year

6

1,670,483

1,659,129

NET CURRENT LIABILITIES

(1,553,965

)

(1,563,079

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,536,787

)

(1,543,671

)

CREDITORS

Amounts falling due after more than one year

7

24,946

29,167

NET LIABILITIES

(1,561,733

)

(1,572,838

)

CAPITAL AND RESERVES

Called up share capital

9

300

300

Retained earnings

10

(1,562,033

)

(1,573,138

)

SHAREHOLDERS' FUNDS

(1,561,733

)

(1,572,838

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 25 September 2025 and were signed by:

G Dawkins - Director

1.	STATUTORY INFORMATION

Evolve Child Care Limited 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.

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 company is being financially supported by its director and shareholders.

At the 31 March 2025 balance sheet date, the company had net liabilities of £1,561,733. It is therefore reliant on the continued financial support of its director and shareholders to enable it to continue trading. The director and shareholders have expressed a willingness to provide sufficient financial support to enable the company to continue trading for a period of at least 12 months from the date of approval of these financial statements. Based on this willingness to support the company, the financial statements have been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of consideration receivable excluding discounts and rebates. The business is exempt from VAT.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

33% on straight line basis

Computer equipment

-

33% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

25,074

8,750

16,658

50,482

Additions

3,117

-

446

3,563

At 31 March 2025

28,191

8,750

17,104

54,045

DEPRECIATION

At 1 April 2024

14,188

8,750

8,136

31,074

Charge for year

2,956

-

2,837

5,793

At 31 March 2025

17,144

8,750

10,973

36,867

NET BOOK VALUE

At 31 March 2025

11,047

-

6,131

17,178

At 31 March 2024

10,886

-

8,522

19,408

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,686

29,354

Other debtors

6,909

13,371

Prepayments and accrued income

32,854

28,455

69,449

71,180

The company has accumulated tax losses which are unprovided. If these were provided for as a deferred tax asset at the 25% corporation tax rate this would equate to £398,413 at the year end as a debtor mainly falling due after more than one year.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,556

5,556

Trade creditors

1,185,636

1,018,395

Social security and other taxes

19,885

19,310

Other creditors

378,936

488,327

Residents monies held

7,816

6,320

Directors' current accounts

58,414

110,376

Accruals and deferred income

14,240

10,845

1,670,483

1,659,129

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

5,556

5,556

Bank loans - 2-5 years

16,667

16,667

Bank loans more 5 yr by instal

2,723

6,944

24,946

29,167

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,723

6,944

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

101,660

135,546

Between one and five years

-

101,660

101,660

237,206

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

300

Ordinary

1.00

300

300

10.

RESERVES

Retained

earnings

£

At 1 April 2024

(1,573,138

)

Profit for the year

11,105

At 31 March 2025

(1,562,033

)

11.	RELATED PARTY DISCLOSURES

At the 31 March 2025, the company has loans within creditors due to its director/shareholder of £58,414 (2024: £110,375) and other two shareholders of £187,575 (2024: £242,575) each who are all providing financial support to the company.

During the period there were transactions with the director and shareholders of the company as follows:

Companies in which the director is also a director:

A company owned 50% by the director - consultancy fees £48,000 (2024: £48,000) and £16,000 (2024: £40,000) was outstanding at 31 March 2025.

A company owned 100% by the director and spouse - consultancy fees £72,000 (2024: £72,000). At 31 March 2025, there is £426,000 (2024: £354,000) outstanding which is shown in trade creditors.

Shareholder:

Premises rent of £135,546 (2024: £135,546) relating to the lease of the business premises was incurred in the period. At 31 March 2025 there is £737,476 (2024: £606,657) outstanding and shown in trade creditors.