REGISTERED NUMBER: 04985743 (England and Wales)

Evison Brothers Limited

Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J Evison

Mr A J Evison

SECRETARY:

Mrs H J Evison

REGISTERED OFFICE:

9 Market Place

Hedon

East Yorkshire

HU12 8JA

REGISTERED NUMBER:

04985743 (England and Wales)

ACCOUNTANTS:

Southgates

Chartered Certified Accountants

9 Market Place

Hedon

East Yorkshire

HU12 8JA

FIXED ASSETS

Tangible assets

4

123,258

145,690

CURRENT ASSETS

Stocks

5

45,000

45,000

Debtors

6

637,177

511,820

Cash at bank

4,177

2,716

686,354

559,536

CREDITORS

Amounts falling due within one year

7

505,140

366,778

NET CURRENT ASSETS

181,214

192,758

TOTAL ASSETS LESS CURRENT LIABILITIES

304,472

338,448

CREDITORS

Amounts falling due after more than one year

8

(41,537

)

(64,926

)

PROVISIONS FOR LIABILITIES

(12,777

)

(17,037

)

NET ASSETS

250,158

256,485

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

250,156

256,483

SHAREHOLDERS' FUNDS

250,158

256,485

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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

Mr M J Evison - Director

Mr A J Evison - Director

1.	STATUTORY INFORMATION

Evison Brothers 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Buildings

-

5% on reducing balance

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Buildings

machinery

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

81,612

372,954

454,566

DEPRECIATION

At 1 January 2024

11,640

297,236

308,876

Charge for year

3,499

18,933

22,432

At 31 December 2024

15,139

316,169

331,308

NET BOOK VALUE

At 31 December 2024

66,473

56,785

123,258

At 31 December 2023

69,972

75,718

145,690

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2024

and 31 December 2024

80,000

DEPRECIATION

At 1 January 2024

35,000

Charge for year

11,250

At 31 December 2024

46,250

NET BOOK VALUE

At 31 December 2024

33,750

At 31 December 2023

45,000

5.

STOCKS

2024

2023

£

£

Stocks

45,000

45,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

199,019

127,443

Other debtors

437,443

383,819

Prepayments

715

558

637,177

511,820

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,725

4,725

Other loan

-

100,000

Hire purchase contracts

18,664

17,144

Trade creditors

79,355

32,644

Tax

4,550

14,529

VAT

32,082

40,466

Other creditors

203,200

16,700

Directors' current accounts

103,337

86,107

Accruals

59,227

54,463

505,140

366,778

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

4,725

4,725

Bank loans - 2-5 years

14,176

14,176

Bank loans more 5 yr by instal

2,363

7,088

Hire purchase contracts

20,273

38,937

41,537

64,926

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,363

7,088