Company Registration No. NI647168 (Northern Ireland)
Evolve Engagement & Management Solutions Ltd
Unaudited accounts
for the year ended 31 March 2025
Evolve Engagement & Management Solutions Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
2,969
1,771
Cash at bank and in hand
19,125
40,730
Creditors: amounts falling due within one year
(44,058)
(41,998)
Net current assets
57,670
80,290
Total assets less current liabilities
60,639
82,061
Creditors: amounts falling due after more than one year
(5,151)
(6,298)
Called up share capital
1
1
Profit and loss account
55,487
75,762
Shareholders' funds
55,488
75,763
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 30 November 2025 and were signed on its behalf by
Claire Joanne Loftus
Director
Company Registration No. NI647168
Evolve Engagement & Management Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
Evolve Engagement & Management Solutions Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI647168. The registered office is Moat House Business Centre, 54 Bloomfield Avenue, Belfast, County Antrim, BT5 5AD, Northern Ireland.
2
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 a contract to provide HR consultation and management services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
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:
Plant & machinery
15% Straight Line
Computer equipment
20% Straight Line
Having reviewed the resources available, the director believes that the company has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in the preparation of its financial statements.
Work in progress have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Evolve Engagement & Management Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
5,194
10,427
15,621
At 31 March 2025
5,194
12,438
17,632
At 1 April 2024
3,423
10,427
13,850
Charge for the year
779
34
813
At 31 March 2025
4,202
10,461
14,663
At 31 March 2025
992
1,977
2,969
At 31 March 2024
1,771
-
1,771
Amounts falling due within one year
Trade debtors
51,167
34,560
Accrued income and prepayments
6,436
13,417
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,128
1,230
Trade creditors
4,539
2,612
Taxes and social security
7,993
15,088
Loans from directors
154
-
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Evolve Engagement & Management Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 8 (2024: 8).