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Registered number: 15794417 EVABUILD GROUP LTD ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
EVABUILD GROUP LTD COMPANY INFORMATION
Directors | L J Evans (appointed 22 June 2024)
| N Evans (appointed 22 June 2024)
| R D Jones (appointed 22 June 2024)
Registered number | 15794417
Registered office | Ladywell Business Centre
| New Church Road
| Newtown
| Powys
| SY16 1AF
Independent auditors | WR Partners
| Chartered Accountants & Statutory Auditors
| Belmont House
| Shrewsbury Business Park
| Shrewsbury
| Shropshire
| SY2 6LG
EVABUILD GROUP LTD CONTENTS
| Page
Group strategic report | 1 - 2
Directors' report | 3 - 4
Independent auditors' report | 5 - 8
Consolidated statement of comprehensive income | 9
Consolidated balance sheet | 10 - 11
Company balance sheet | 12 - 13
Consolidated statement of changes in equity | 14 - 15
Company statement of changes in equity | 16
Consolidated statement of cash flows | 17 - 18
Notes to the financial statements | 19 - 38
EVABUILD GROUP LTD GROUP STRATEGIC REPORT FOR THE PERIOD ENDED 30 JUNE 2025
Introduction
The directors present their Strategic Report together with the Directors’ Report and the audited financial statements of Evabuild Limited ("the Company") for the year ended 30 June 2025. Evabuild Group Ltd was incorporated on 22 June 2024 and became the holding company of Evabuild Limited and Glandyfi Castle Ltd on 29 July 2024. Principal activities The principal activity of the Company continues to be that of building contractors for general groundworks, civil engineering and modular groundworks.
Business review
The results for the Company are shown in the annexed financial statements. The year under review represents a further period of strong and controlled growth, reflecting the Company’s continued success within its core markets and the ongoing demand for modular construction solutions. Revenues for the year were £29.0m (2024: £25.3m), representing an increase of approximately 15% compared with the prior financial year. Growth has continued to be driven by long-standing relationships with key clients, repeat business, and the Company’s growing reputation for delivering increasingly complex and higher-value projects to a consistently high standard. Modular construction remains a central driver of activity, with clients continuing to select this approach due to its speed of delivery, cost efficiency and reduced environmental impact. The Company has benefited from its established expertise in this area and remains well positioned to capitalise on future opportunities as adoption of modular building continues to increase across the sector. Gross profit margins have remained stable and in line with management expectations. The directors are satisfied with the gross profit of £10,209,663 (2024: £10,777,185) and the profit before tax of £2,355,531 (2024: £4,628,113), particularly given the continued pressures presented by inflationary cost environments, labour availability and wider economic uncertainty. The profit after tax generated during the year has largely been retained within the Company to support future growth and working capital requirements. As a result, the Company continues to demonstrate a strong balance sheet position, with net current assets of £8,171,928 (2024: £10,979,248) and net assets of £12,303,831 (2024: £11,176,525).
Principal risks and uncertainties
The principal risks and uncertainties faced by the Company remain largely consistent with those reported in the prior year. The business continues to be exposed to fluctuations in material prices and supply chain availability, driven by global market conditions. The directors actively monitor these risks and respond promptly through procurement strategies, supplier relationships and pricing mechanisms within contracts where possible. The Company is also exposed to credit risk in relation to trade debtors and sales retentions. Historically, the recoverability of sales retentions has remained very high, reflecting the quality of the Company’s workmanship, contract management and customer relationships. Trade debtor risk continues to be managed through rigorous credit assessments, careful contract selection and the maintenance of appropriate payment terms to ensure credit exposure remains within acceptable limits. Page 1
EVABUILD GROUP LTD GROUP STRATEGIC REPORT (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025
Financial key performance indicators
The directors consider that the key financial performance indicators for the Company are turnover, gross profit margin, profit before tax, net current assets and net assets. Commentary on the performance of the Company against these indicators is included within the business review above.
Other key performance indicators
In addition to financial measures, the Company monitors a range of non-financial key performance indicators. Employees remain the Company’s most important stakeholders and are fundamental to its continued success. The directors remain committed to providing a safe, supportive and rewarding working environment and to maintaining Evabuild Limited’s position as a key employer within the local community. This report was approved by the board and signed on its behalf.
L J Evans Director
Date: 13 February 2026
Page 2
EVABUILD GROUP LTD DIRECTORS' REPORT FOR THE PERIOD ENDED 30 JUNE 2025 The directors present their report and the financial statements for the period ended 30 June 2025.
Directors' responsibilities statement
The directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and the Group and of the profit or loss of the Group for that period. In preparing these financial statements, the directors are required to: ∙select suitable accounting policies for the Group's financial statements and then apply them consistently; ∙make judgments and accounting estimates that are reasonable and prudent; ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Results and dividends
The profit for the period, after taxation and minority interests, amounted to £1,808,593 (2024 - £3,450,841). During the period the Group declared dividends totaling £751,333 (2024: £Nil).
Directors
The directors who served during the period were:
L J Evans (appointed 22 June 2024)
N Evans (appointed 22 June 2024)
R D Jones (appointed 22 June 2024)
Disclosure of information to auditors
Each of the persons who are directors at the time when this Directors' report is approved has confirmed that: ∙so far as the director is aware, there is no relevant audit information of which the Company and the Group's auditors are unaware, and ∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company and the Group's auditors are aware of that information. Page 3
EVABUILD GROUP LTD DIRECTORS' REPORT (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025
Auditors
The auditors, WR Partners, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006. This report was approved by the board and signed on its behalf.
L J Evans Director
Date: 13 February 2026
Page 4
EVABUILD GROUP LTD INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EVABUILD GROUP LTD
Opinion
We have audited the financial statements of EvaBuild Group Ltd (the 'Parent Company') and its subsidiaries (the 'Group') for the period ended 30 June 2025, which comprise the Consolidated statement of comprehensive income, the Consolidated Balance Sheet, the Company Balance Sheet, the Consolidated Statement of Cash Flows, the Consolidated Statement of Changes in Equity, the Company Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: ∙give a true and fair view of the state of the Group's and of the Parent Company's affairs as at 30 June 2025 and of the Group's profit for the period then ended; ∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and ∙have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. Page 5
EVABUILD GROUP LTD INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EVABUILD GROUP LTD (CONTINUED)
Other information
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit: ∙the information given in the Group strategic report and the Directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and ∙the Group strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Group and the Parent Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group strategic report or the Directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: ∙adequate accounting records have not been kept by the Parent Company, or returns adequate for our audit have not been received from branches not visited by us; or ∙the Parent Company financial statements are not in agreement with the accounting records and returns; or ∙certain disclosures of directors' remuneration specified by law are not made; or ∙we have not received all the information and explanations we require for our audit. Page 6
EVABUILD GROUP LTD INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EVABUILD GROUP LTD (CONTINUED)
Responsibilities of directors
As explained more fully in the Directors' responsibilities statement set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the Group's and the Parent Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Group or the Parent Company or to cease operations, or have no realistic alternative but to do so.
Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Group financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: The audit team obtained an understanding of the legal and regulatory frameworks that are applicable to the Company and determined that the most significant are those that relate to the reporting framework (FRS102 and the Companies Act 2006), the relevant tax compliance regulations, employment law, Health and Safety Regulations and the EU General Data Protection Regulation (GDPR). We understood how the Group is complying with these frameworks by making enquiries of management and those responsible for legal and compliance procedures. We also reviewed board minutes to identify any recorded instances of irregularity or non compliance that might have a material impact on the financial statements. We assessed the susceptibility of the Group's financial statements to material misstatement, including how fraud might occur by meeting with key management to understand where they considered there was susceptibility to fraud. Based on our understanding our procedures involved enquiries of management and those charged with governance, manual journal entry testing, cashbook reviews for large and unusual items and the challenge of significant accounting estimates used in preparing the financial statements. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report. Page 7
EVABUILD GROUP LTD INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EVABUILD GROUP LTD (CONTINUED)
Use of our report
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed. John Flectcher BA (Hons) (Senior statutory auditor) for and on behalf of WR Partners Chartered Accountants Statutory Auditors Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG 13 February 2026 Page 8
EVABUILD GROUP LTD CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED 30 JUNE 2025
| 30 June | 21 June
| 2025 | 2024
Note | £ | £
Turnover | 4 | 29,026,906 | 25,315,338
Cost of sales |  | (18,817,243) | (14,538,153)
Gross profit |  | 10,209,663 | 10,777,185
Administrative expenses |  | (7,998,012) | (6,250,477)
Other operating income | 5 | 113,550 | 60,464
Operating profit |  | 2,325,201 | 4,587,172
Interest receivable and similar income | 10 | 30,330 | 40,941
Profit before taxation |  | 2,355,531 | 4,628,113
Tax on profit | 11 | (477,132) | (1,177,272)
Profit for the financial period |  | 1,878,399 | 3,450,841
Profit for the period attributable to: |  |  |
Non-controlling interests |  | 69,806 | -
Owners of the parent Company |  | 1,808,593 | 3,450,841
|  | 1,878,399 | 3,450,841
There were no recognised gains and losses for 2025 or 2024 other than those included in the consolidated statement of comprehensive income.
There was no other comprehensive income for 2025 (2024:£NIL).
The notes on pages 19 to 38 form part of these financial statements.
Page 9
EVABUILD GROUP LTD REGISTERED NUMBER: 15794417 CONSOLIDATED BALANCE SHEET AS AT 30 JUNE 2025
|  | 30 June |  | 21 June
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 13 |  | 4,216,014 |  | 238,544
|  |  | 4,216,014 |  | 238,544
Current assets |  |  |  |  |
Stocks | 15 | 200,000 |  | 281,000 |
Debtors: amounts falling due within one year | 16 | 7,741,695 |  | 8,197,369 |
Cash at bank and in hand | 17 | 2,474,565 |  | 4,701,521 |
|  | 10,416,260 |  | 13,179,890 |
Creditors: amounts falling due within one year | 18 | (2,244,332) |  | (2,200,642) |
Net current assets |  |  | 8,171,928 |  | 10,979,248
Total assets less current liabilities |  |  | 12,387,942 |  | 11,217,792
Provisions for liabilities |  |  |  |  |
Deferred taxation | 19 | (84,111) |  | (41,267) |
|  |  | (84,111) |  | (41,267)
Net assets |  |  | 12,303,831 |  | 11,176,525
Page 10
EVABUILD GROUP LTD REGISTERED NUMBER: 15794417 CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025
|  | 30 June |  | 21 June
|  | 2025 |  | 2024
Note |  | £ |  | £
Capital and reserves |  |  |  |  |
Called up share capital | 20 |  | 100 |  | 100
Merger reserve | 21 |  | 999 |  | 900
Profit and loss account | 21 |  | 11,072,208 |  | 11,175,525
Equity attributable to owners of the parent Company |  |  | 11,073,307 |  | 11,176,525
Non-controlling interests |  |  | 1,230,524 |  | -
|  |  | 12,303,831 |  | 11,176,525
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
L J Evans
Director
Date: 13 February 2026
The notes on pages 19 to 38 form part of these financial statements. Page 11
EVABUILD GROUP LTD REGISTERED NUMBER: 15794417 COMPANY BALANCE SHEET AS AT 30 JUNE 2025
|  | 30 June
|  | 2025
Note |  | £
Fixed assets |  |  |
Tangible assets | 13 |  | 3,256,800
Investments | 14 |  | 171
|  |  | 3,256,971
Creditors: amounts falling due within one year | 18 | (3,256,871) |
Net current (liabilities)/assets |  |  | (3,256,871)
Total assets less current liabilities |  |  | 100
Net assets |  |  | 100
Page 12
EVABUILD GROUP LTD REGISTERED NUMBER: 15794417 COMPANY BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025
|  | 30 June
|  | 2025
Note |  | £
Capital and reserves |  |  |
Called up share capital | 20 |  | 100
Profit for the period |  | 508,333 |
Other changes in the profit and loss account |  | (508,333) |
|  |  | 100
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
L J Evans
Director
Date: 13 February 2026
The notes on pages 19 to 38 form part of these financial statements. Page 13
EVABUILD GROUP LTD CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 30 JUNE 2025
| Called up share capital | Merger reserve | Profit and loss account | Equity attributable to owners of Parent Company | Non-controlling interests | Total equity
| £ | £ | £ | £ | £ | £
At 22 June 2024 | 100 | 900 | 11,175,525 | 11,176,525 | - | 11,176,525
Comprehensive income for the period |  |  |  |  |  |
Profit for the period | - | - | 1,808,593 | 1,808,593 | 69,947 | 1,878,540
Sale of shares in investments | - | - | (1,160,577) | (1,160,577) | 1,160,577 | -
Other comprehensive income for the period | - | - | (1,160,577) | (1,160,577) | 1,160,577 | -
Total comprehensive income for the period | - | - | 648,016 | 648,016 | 1,230,524 | 1,878,540
Contributions by and distributions to owners |  |  |  |  |  |
Dividends: Equity capital | - | - | (751,333) | (751,333) | - | (751,333)
Movement of shares | - | 99 | - | 99 | - | 99
Total transactions with owners | - | 99 | (751,333) | (751,234) | - | (751,234)
At 30 June 2025 | 100 | 999 | 11,072,208 | 11,073,307 | 1,230,524 | 12,303,831
| The notes on pages 19 to 38 form part of these financial statements.
Page 14
EVABUILD GROUP LTD CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 21 JUNE 2024
| Called up share capital | Merger reserve | Profit and loss account | Equity attributable to owners of Parent Company | Total equity
| £ | £ | £ | £ | £
At 1 July 2023 | 100 | - | 8,122,185 | 8,122,285 | 8,122,285
Comprehensive income for the year |  |  |  |  |
Profit for the year | - | - | 3,450,841 | 3,450,841 | 3,450,841
Other comprehensive income for the year | - | - | - | - | -
Total comprehensive income for the year | - | - | 3,450,841 | 3,450,841 | 3,450,841
Contributions by and distributions to owners |  |  |  |  |
Dividends: Equity capital | - | - | (397,501) | (397,501) | (397,501)
Movement of shares | - | 900 | - | 900 | 900
Total transactions with owners | - | 900 | (397,501) | (396,601) | (396,601)
At 21 June 2024 | 100 | 900 | 11,175,525 | 11,176,525 | 11,176,525
| The notes on pages 19 to 38 form part of these financial statements.
Page 15
EVABUILD GROUP LTD COMPANY STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 30 JUNE 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
Comprehensive income for the year |  |  |
Profit for the period | - | 508,333 | 508,333
Other comprehensive income for the period | - | - | -
Total comprehensive income for the period | - | 508,333 | 508,333
Contributions by and distributions to owners |  |  |
Dividends: Equity capital | - | (508,333) | (508,333)
Shares issued during the period | 100 | - | 100
Total transactions with owners | 100 | (508,333) | (508,233)
At 30 June 2025 | 100 | - | 100
| The notes on pages 19 to 38 form part of these financial statements.
Page 16
EVABUILD GROUP LTD CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 30 JUNE 2025
|  |  | 30 June | 21 June
|  |  | 2025 | 2024
|  |  | £ | £
Cash flows from operating activities |  |
Profit for the financial period | 1,878,399 | 3,450,841
Adjustments for: |  |
Depreciation of tangible assets | 66,038 | 42,587
Loss on disposal of tangible assets | 4,749 | 11,137
Interest received | (30,330) | (40,941)
Taxation charge | 477,132 | 1,177,272
Decrease/(increase) in stocks | 81,000 | (225,345)
Decrease/(increase) in debtors | 109,052 | (1,090,399)
Decrease/(increase) in amounts owed by participating ints | 397,765 | (336,849)
Increase in creditors | 543,119 | 340,914
Increase in amounts owed to participating ints | 15,071 | 17,989
Corporation tax (paid) | (999,832) | (897,411)
Net cash generated from operating activities | 2,542,163 | 2,449,795
Cash flows from investing activities |  |
Purchase of tangible fixed assets | (4,050,457) | (106,509)
Sale of tangible fixed assets | 2,200 | 42,065
Interest received | 30,330 | 40,941
Net cash from investing activities | (4,017,927) | (23,503)
Page 17
EVABUILD GROUP LTD CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025
|  | 30 June | 21 June
|  | 2025 | 2024
|  | £ | £
Cash flows from financing activities |  |
Issue of NCI shares | 141 | -
Dividends paid | (751,333) | (397,501)
Net cash used in financing activities | (751,192) | (397,501)
Net (decrease)/increase in cash and cash equivalents | (2,226,956) | 2,028,791
Cash and cash equivalents at beginning of period | 4,701,521 | 2,672,730
Cash and cash equivalents at the end of period | 2,474,565 | 4,701,521
Cash and cash equivalents at the end of period comprise: |  |
Cash at bank and in hand | 2,474,565 | 4,701,521
| 2,474,565 | 4,701,521
Page 18
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
1. | General information
Evabuild Group Limited ("the company") is a private company, limited by shares, incorporated in England and Wales and domiciled in the United Kingdom. Its registered office and principal place of business is located at Ladywell Business Centre, New Church Road, Newtown, Powys, Wales, SY16 1AF. The principal activity of the Company is that of building contractors. The Company was incorporated on 22 June 2024 and the accounts include the results of the Company for the period from 22 June 2024 to 30 June 2025. "The Group" comprises of the company and its subsidiary undertakings and was formed on 29 July 2024. The accounts include the results the group under the principles of merger accounting and therefore the results and cashflow of the group companies have been brought into the accounts from the begining of the financial period to 30 June 2025. Comparatives have been restated to combine the results of the group companies for the previous period. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies (see note 3). The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of comprehensive income in these financial statements. The following principal accounting policies have been applied:
| 2.2 | Basis of consolidation
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full. The consolidated financial statements incorporate the results of business combinations using the merger accounting method. In the balance sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their book values at the acquisition date. The results of acquired operations are included in the Consolidated statement of comprehensive income for the entire financial year in which the combination occurred. They are deconsolidated from the date control ceases. Page 19
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.3 | Going concern
The Group's forecasts and projections, taking account of reasonable possible changes in trading performance, show that the Group is expected to operate within the levels of its current facilities. After making enquiries, the Directors have a reasonable expectation that the Group has adequate resources to continue in operation existence for the foreseeable future. The Group therefore continues to adopt the going concern basis in preparing its financial statements.
| 2.4 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Group will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Revenue from construction contracts Revenue from construction contracts is taken as the work is carried out if the final outcome can be assessed with reasonable certainty. The revenue is calculated on a prudent basis to reflect the stage of completion of any contracts that are in progress at the year end. Turnover and related costs are recorded as contract activity progresses. Revenues derived from variations on contracts are recognised only when they have been accepted by the customer. Full provision is made for losses on contracts in the year in which they are first foreseen.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Pensions
Defined contribution pension plan The Group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Group pays fixed contributions into a separate entity. Once the contributions have been paid the Group has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Group in independently administered funds. Page 20
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.7 | Current and deferred taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company and the Group operate and generate income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and ∙Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.8 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Page 21
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.8 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | Not depreciated
|  |  |  | Plant and machinery | - | 20%
|  |  |  | Motor vehicles | - | 20%
|  |  |  | Fixtures and fittings | - | 15 - 20%
|  |  |  | Office equipment | - | 25%
|  |  |  | Computer equipment | - | 20%
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.9 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.10 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.11 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.12 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. In the Consolidated statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Group's cash management. Page 22
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.13 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.14 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.15 | Financial instruments
The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Group has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial instruments are recognised in the Group's Balance sheet when the Group becomes party to the contractual provisions of the instrument. Page 23
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.15 | Financial instruments (continued)
Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment. Impairment of financial assets At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Page 24
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.15 | Financial instruments (continued)
Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Group after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Other financial instruments Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss. Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.
| 2.16 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Page 25
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Company makes estimates and assumptions concerning the future. The resulting accounting estimates, will by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below. Long Term contracts Judgement is particularly applied in estimating the completion stage and expected outcome of long term contracts. Sales retentions recoverability The Company makes an assessment of the recoverability of sales retentions at each year end. The recoverability of sales retentions is historically very high which is a great reflection on the quality of our customer service and our ability to deliver to the agreed specification. Sales retentions as at 30 June 2025 were £1,077,547 (2024: £949,818) and the Directors consider them to be fully recoverable.
4. | Turnover
| All turnover arose within the United Kingdom.
5. | Other operating income
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other operating income | 104,050 | 56,464
| Sundry income | 9,500 | 4,000
|  | 113,550 | 60,464
6. | Operating profit
| The operating profit is stated after charging:
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Loss on sale of tangible assets | 4,749 | 11,137
Page 26
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
7. | Auditors' remuneration
| During the period, the Group obtained the following services from the Company's auditors:
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fees payable to the Company's auditors for the audit of the consolidated and parent Company's financial statements | 18,250 | 10,600
8. | Employees
| Staff costs, including directors' remuneration, were as follows:
|  | Group 30 June | Group 21 June
|  | 2025 | 2024
|  | £ | £
| Wages and salaries | 4,591,199 | 3,632,173
| Social security costs | 522,156 | 326,276
| Cost of defined contribution scheme | 65,602 | 43,267
|  | 5,178,957 | 4,001,716
| The average monthly number of employees, including the directors, during the period was as follows:
|  |  | Group | Group | Company | Company
|  |  | 30 June | 21 June | 30 June | 21 June
|  |  | 2025 | 2024 | 2025 | 2024
|  |  | No. | No. | No. | No.
|  | Employees | 81 | 70 | 3 | -
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EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
9. | Directors' remuneration
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Directors' emoluments | 87,500 | 81,031
| Group contributions to defined contribution pension schemes | - | 3,980
|  | 87,500 | 85,011
| During the period retirement benefits were accruing to 3 directors (2024 - 3) in respect of defined contribution pension schemes.
10. | Interest receivable
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other interest receivable | 30,330 | 40,941
|  | 30,330 | 40,941
Page 28
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
11. | Taxation
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax |  |
| Current tax on profits for the year | 434,288 | 1,174,500
|  | 434,288 | 1,174,500
| Total current tax | 434,288 | 1,174,500
| Deferred tax |  |
| Origination and reversal of timing differences | 42,844 | 2,772
| Total deferred tax | 42,844 | 2,772
|  | 477,132 | 1,177,272
Page 29
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 11.Taxation (continued)
| Factors affecting tax charge for the year
| The tax assessed for the year is higher than (2024 - higher than) the standard rate of corporation tax in the UK of 25% (2024 - 25%). The differences are explained below:
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Profit on ordinary activities before tax | 2,355,531 | 4,628,113
| Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%) | 588,883 | 1,157,028
| Effects of: |  |
| Expenses not deductible for tax purposes, other than goodwill amortisation and impairment | 2,733 | 8,088
| Other timing differences leading to an increase (decrease) in taxation | 1,919 | 9,372
| Non-taxable income | (118,328) | -
| Book profit on chargeable assets | 1,187 | 2,784
| Changes in provisions leading to an increase (decrease) in the tax charge | 738 | -
| Total tax charge for the period/year | 477,132 | 1,177,272
| Factors that may affect future tax charges
There are no factors that may affect future tax charges.
12. | Dividends
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| On ordinary share capital | 751,333 | 397,501
|  | 751,333 | 397,501
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|  | EVABUILD GROUP LTD |
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
| 13. | Tangible fixed assets
|  | Group
|  | Freehold property | Plant and machinery | Motor vehicles | Fixtures and fittings | Office equipment | Computer equipment | Total
|  | £ | £ | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |  |  |
| At 22 June 2024 | - | 109,620 | 223,487 | 70,683 | - | 46,577 | 450,367
| Additions | 3,402,245 | 6,938 | - | 608,535 | 4,499 | 28,240 | 4,050,457
| Disposals | - | (7,300) | (11,200) | - | - | (10,047) | (28,547)
| At 30 June 2025 | 3,402,245 | 109,258 | 212,287 | 679,218 | 4,499 | 64,770 | 4,472,277
| Depreciation |  |  |  |  |  |  |
| At 22 June 2024 | - | 49,560 | 115,658 | 26,883 | - | 19,722 | 211,823
| Charge for the period on owned assets | - | 12,418 | 20,979 | 24,024 | 338 | 8,279 | 66,038
| Disposals | - | (6,518) | (8,262) | - | - | (6,818) | (21,598)
| At 30 June 2025 | - | 55,460 | 128,375 | 50,907 | 338 | 21,183 | 256,263
| Net book value |  |  |  |  |  |  |
| At 30 June 2025 | 3,402,245 | 53,798 | 83,912 | 628,311 | 4,161 | 43,587 | 4,216,014
| At 21 June 2024 | - | 60,060 | 107,829 | 43,800 | - | 26,855 | 238,544
Page 31

EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 13.Tangible fixed assets (continued)
| Company
|  | Freehold property
|  | £
| Cost or valuation |
| Additions | 3,256,800
| At 30 June 2025 | 3,256,800
| At 30 June 2025 | -
| Net book value |
| At 30 June 2025 | 3,256,800
| At 21 June 2024 | -
Page 32
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
14. | Fixed asset investments
| Company
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| Additions | 171
| At 30 June 2025 | 171
| Subsidiary undertakings
| The following were subsidiary undertakings of the Company:
| Name | Registered office | Class of shares | Holding
| EvaBuild Limited | Ladywell Business Centre, New Church Street, Newtown, Powys, United Kingdom, SY16 1AF | Ordinary | 90%
| Glandyfi Castle Limited | Ladywell Business Centre, New Church Street, Newtown, Powys, United Kingdom, SY16 1AF | Ordinary | 100%
| EvaBuild Surfacing Limited | Ladywell Business Centre, New Church Street, Newtown, Powys, United Kingdom, SY16 1AF | Ordinary | 70%
Page 33
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
15. | Stocks
|  | Group 30 June | Group 21 June
|  | 2025 | 2024
|  | £ | £
| Raw materials and consumables | 50,000 | 50,000
| Work in progress (goods to be sold) | 150,000 | 231,000
|  | 200,000 | 281,000
16. | Debtors
|  | Group 30 June | Group 21 June
|  | 2025 | 2024
|  | £ | £
| Trade debtors | 4,576,443 | 4,534,996
| Amounts owed by related parties | 1,766,825 | 2,164,590
| Other debtors | 937,135 | 886,091
| Prepayments and accrued income | 123,723 | 45,836
| VAT | 337,569 | 565,856
|  | 7,741,695 | 8,197,369
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EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
17. | Cash and cash equivalents
|  | Group 30 June | Group 21 June
|  | 2025 | 2024
|  | £ | £
| Cash at bank and in hand | 2,474,565 | 4,701,521
|  | 2,474,565 | 4,701,521
18. | Creditors: Amounts falling due within one year
|  | Group 30 June | Group 21 June | Company 30 June | Company 21 June
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Trade creditors | 1,157,266 | 1,133,151 | - | -
| Amounts owed to group undertakings | - | - | 3,256,871 | -
| Amounts owed to other participating interests | 33,060 | 17,989 | - | -
| Corporation tax | - | 514,500 | - | -
| Other taxation and social security | 366,378 | 104,140 | - | -
| Other creditors | 332,566 | 77,871 | - | -
| Accruals and deferred income | 355,062 | 352,991 | - | -
|  | 2,244,332 | 2,200,642 | 3,256,871 | -
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EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
19. | Deferred taxation
| Group
|  | 2025
|  | £
| At beginning of year | (41,267)
| Charged to profit or loss | (42,844)
| At end of year | (84,111)
| Company
|  | 2025
| At end of year | -
|  | Group 30 June | Group 21 June
|  | 2025 | 2024
|  | £ | £
| Accelerated capital allowances | (86,502) | (42,920)
| Other short term timing differences | 2,391 | 1,653
|  | (84,111) | (41,267)
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EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
20. | Share capital
|  |  |  |  | 30 June | 21 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 30 (2024 - 30) Ordinary A Shares shares of £1.0000 each | 30 | 30
|  | 30 (2024 - 30) Ordniary B Shares shares of £1.0000 each | 30 | 30
|  | 40 (2024 - 40) Ordinary C Shares shares of £1.0000 each | 40 | 40
|  |  | 100 | 100
21. | Reserves
Merger Reserve The merger reserve has arisen on the application of the merger relief on the acquisition of the subsidiary undertaking during the period. Profit and loss account The profit and loss account represents the accumulated profit and losses of the Group since incorporation less distributions made to shareholders.
22. | Analysis of net debt
|  | At 22 June 2024 | Cash flows | At 30 June 2025
|  | £ | £ | £
| Cash at bank and in hand | 4,701,521 | (2,226,956) | 2,474,565
| Debt due within 1 year | - | (201,404) | (201,404)
|  | 4,701,521 | (2,428,360) | 2,273,161
23. | Pension commitments
The Group operates a defined contributions pension scheme. The assets of the scheme are held from those of the Group in an independently administered fund. The pension cost charge represents contributions payable by the Group to the fund and amounted to £65,602 (2024: £43,267).Contributions totaling £9,564 (2024: £6,611) were payable to the fund at the balance sheet date and are included in creditors. Page 37
EVABUILD GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
24. | Commitments under operating leases
| The Group and the Company had no commitments under non-cancellable operating leases at the balance sheet date.
25. | Transactions with directors
Included within other debtors are loans due from the directors totaling £324,264 (2024: £691,673). Interest is charged on the outstanding balances at the HMRC official rate. Included within other creditors are loans due to directors of £201,405 (2024: £nil). Interest is charged on the outstanding balances at the HMRC official rate.
26. | Related party transactions
| The Group in the year made the following related party transactions: Included within other debtors due within 1 year is £1,766,825 (2024: £2,164,590) owed by other companies under common control. Included within group creditors due within 1 year is £33,060 (2024: £17,989) is amounts owed to a company under common control. A company under common ownership was owed £3,256,871 (2024: £nil) by the company at year-end. The Company is exempt from disclosing other related party transactions as they are with other companies that are wholly owned within the Group.
27. | Post balance sheet events
There have been no significant events affecting the company or group since the year end.
28. | Controlling party
The Group is controlled by the Directors by virtue of their respective shareholdings.
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