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Registration number: 08557248

Evolve House And Grounds Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Evolve House And Grounds Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 7

Evolve House And Grounds Limited

(Registration number: 08557248)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 7,394 | 3,791
Current assets |  |  |
Stocks | 5 | 11,065 | 24,065
Debtors | 6 | 135,976 | 123,004
Cash at bank and in hand |  | 659 | -
|  | 147,700 | 147,069
Creditors: Amounts falling due within one year | 7 | (96,847) | (82,462)
Net current assets |  | 50,853 | 64,607
Total assets less current liabilities |  | 58,247 | 68,398
Creditors: Amounts falling due after more than one year | 7 | (56,473) | (67,753)
Net assets |  | 1,774 | 645
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | 1,772 | 643
Shareholders' funds |  | 1,774 | 645

Evolve House And Grounds Limited

(Registration number: 08557248)
Balance Sheet as at 30 June 2025

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 March 2026 and signed on its behalf by:

......................................... P Boardman Director

Evolve House And Grounds Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% straight line basis
Motor vehicles | 25% straight line basis
Fixtures and fittings | 25% straight line basis

Evolve House And Grounds Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year was 3 (2024 - 3).

Evolve House And Grounds Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4 | Tangible assets

| Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 July 2024 | 1,787 | 18,042 | 19,829
Additions | - | 6,000 | 6,000
Disposals | - | (11,042) | (11,042)
At 30 June 2025 | 1,787 | 13,000 | 14,787
Depreciation
At 1 July 2024 | 1,496 | 14,543 | 16,039
Charge for the year | 146 | 2,250 | 2,396
Eliminated on disposal | - | (11,042) | (11,042)
At 30 June 2025 | 1,642 | 5,751 | 7,393
Carrying amount
At 30 June 2025 | 145 | 7,249 | 7,394
At 30 June 2024 | 292 | 3,499 | 3,791

5 | Stocks

| 2025 £ | 2024 £
Work in progress | 10,065 | 23,065
Other inventories | 1,000 | 1,000
| 11,065 | 24,065

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 3,539 | 16,227
Other debtors | 132,437 | 106,777
| 135,976 | 123,004

Evolve House And Grounds Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 52,302 | 57,437
Trade creditors |  | 11,625 | 20,733
Taxation and social security |  | 31,519 | 1,681
Other creditors |  | 1,401 | 2,611
|  | 96,847 | 82,462

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 56,473 | 67,753

8 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 13,819 | 13,698
Bank overdrafts | 38,483 | 43,739
| 52,302 | 57,437

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 56,473 | 67,753

Evolve House And Grounds Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

9 | Related party transactions

Summary of transactions with key management

2025 | At 1 July 2024 £ | Advances to director £ | Repayments by director £ | At 30 June 2025 £
P Boardman
Director loan account | 52,431 | 41,297 | (28,500) | 65,228
JP Dowdell
Director loan account | 52,298 | 41,678 | (28,500) | 65,476

2024 | At 1 July 2023 £ | Advances to director £ | Repayments by director £ | At 30 June 2024 £
P Boardman
Director loan account | 29,563 | 25,868 | (3,000) | 52,431
JP Dowdell
Director loan account | 29,630 | 25,668 | (3,000) | 52,298