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REGISTERED NUMBER: 03469044 (England and Wales)

| EVOLUTION PAINT & GRAPHIC LTD. |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 NOVEMBER 2025 |

EVOLUTION PAINT & GRAPHIC LTD. (REGISTERED NUMBER: 03469044) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 8

| EVOLUTION PAINT & GRAPHIC LTD. |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 NOVEMBER 2025

| DIRECTOR: | A Mycroft

| SECRETARY: | Mrs K J Mycroft

| REGISTERED OFFICE: | 22-24 Harborough Road

| Kingsthorpe

| Northampton

| NN2 7AZ

| REGISTERED NUMBER: | 03469044 (England and Wales)

| ACCOUNTANTS: | Phipps Henson McAllister

| Chartered Accountants

| 22-24 Harborough Road

| Kingsthorpe

| Northampton

| NN2 7AZ

EVOLUTION PAINT & GRAPHIC LTD. (REGISTERED NUMBER: 03469044) |

BALANCE SHEET

30 NOVEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 16,898 |  | - |  |

Tangible assets | 5 | 436,780 |  | 431,844 |  |

Investment property | 6 | 317,262 |  | 317,262 |  |

770,940 |  | 749,106 |  |

CURRENT ASSETS

Stocks | 89,161 |  | 79,115 |  |

Debtors | 7 | 918,587 |  | 1,208,598 |  |

Cash at bank and in hand | 1,109,225 |  | 554,873 |  |

2,116,973 |  | 1,842,586 |  |

CREDITORS

Amounts falling due within one year | 8 | 635,861 |  | 653,489 |  |

NET CURRENT ASSETS | 1,481,112 |  | 1,189,097 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,252,052 |  | 1,938,203 |  |

CREDITORS

Amounts falling due after more than one year | 9 | - |  | (5,968 | ) |

PROVISIONS FOR LIABILITIES | (63,811 | ) | (61,614 | ) |

NET ASSETS | 2,188,241 |  | 1,870,621 |  |

EVOLUTION PAINT & GRAPHIC LTD. (REGISTERED NUMBER: 03469044) |

BALANCE SHEET - continued

30 NOVEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 11 | 200 |  | 200 |  |

Retained earnings | 2,188,041 |  | 1,870,421 |  |

SHAREHOLDERS' FUNDS | 2,188,241 |  | 1,870,621 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 March 2026 and were signed by:

A Mycroft - Director

EVOLUTION PAINT & GRAPHIC LTD. (REGISTERED NUMBER: 03469044) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1. | STATUTORY INFORMATION

| Evolution Paint & Graphic Ltd. 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.

| Turnover

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

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Computer software is being amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

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

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 25% on cost

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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 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.

EVOLUTION PAINT & GRAPHIC LTD. (REGISTERED NUMBER: 03469044) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Debtors and creditors

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 47 (2024 - 40 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| Additions | 18,211 |  |

| At 30 November 2025 | 18,211 |  |

| AMORTISATION

| Charge for year | 1,313 |  |

| At 30 November 2025 | 1,313 |  |

| NET BOOK VALUE

| At 30 November 2025 | 16,898 |  |

EVOLUTION PAINT & GRAPHIC LTD. (REGISTERED NUMBER: 03469044) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Long |  | Plant and |  | and |  | Motor |

| leasehold |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 December 2024 | 100,315 |  | 1,129,103 |  | 275,284 |  | 711,300 |  | 2,216,002 |  |

| Additions | - |  | 1,500 |  | 22,750 |  | 162,663 |  | 186,913 |  |

| Disposals | - |  | - |  | - |  | (31,570 | ) | (31,570 | ) |

| At 30 November 2025 | 100,315 |  | 1,130,603 |  | 298,034 |  | 842,393 |  | 2,371,345 |  |

| DEPRECIATION

| At 1 December 2024 | 100,315 |  | 1,054,548 |  | 265,803 |  | 363,492 |  | 1,784,158 |  |

| Charge for year | - |  | 23,468 |  | 5,125 |  | 147,654 |  | 176,247 |  |

| Eliminated on disposal | - |  | - |  | - |  | (25,840 | ) | (25,840 | ) |

| At 30 November 2025 | 100,315 |  | 1,078,016 |  | 270,928 |  | 485,306 |  | 1,934,565 |  |

| NET BOOK VALUE

| At 30 November 2025 | - |  | 52,587 |  | 27,106 |  | 357,087 |  | 436,780 |  |

| At 30 November 2024 | - |  | 74,555 |  | 9,481 |  | 347,808 |  | 431,844 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 December 2024

| and 30 November 2025 | 317,262 |  |

| NET BOOK VALUE

| At 30 November 2025 | 317,262 |  |

| At 30 November 2024 | 317,262 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 893,302 |  | 814,216 |  |

| Other debtors | 413 |  | 956 |  |

| Directors' current accounts | - |  | 376,675 |  |

| Prepayments and accrued income | 24,872 |  | 16,751 |  |

918,587 |  | 1,208,598 |  |

EVOLUTION PAINT & GRAPHIC LTD. (REGISTERED NUMBER: 03469044) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 10) | 5,481 |  | 23,895 |  |

| Trade creditors | 252,227 |  | 271,000 |  |

| Corporation tax | 194,340 |  | 173,853 |  |

| PAYE / NI | 54,270 |  | 42,096 |  |

| VAT | 81,447 |  | 101,593 |  |

| Other creditors | 39,806 |  | 34,224 |  |

| Directors' current accounts | 1,462 |  | - |  |

| Accruals and deferred income | 6,828 |  | 6,828 |  |

635,861 |  | 653,489 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 10) | - |  | 5,968 |  |

10. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 5,481 |  | 23,895 |  |

| Between one and five years | - |  | 5,968 |  |

5,481 |  | 29,863 |  |

11. | CALLED UP SHARE CAPITAL

EVOLUTION PAINT & GRAPHIC LTD. (REGISTERED NUMBER: 03469044) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

12. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025 | 2024 |

£ | £ |

| A Mycroft

| Balance outstanding at start of year | 376,675 |  | - |  |

| Amounts advanced | 13,777 |  | 376,675 |  |

| Amounts repaid | (391,914 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (1,462 | ) | 376,675 |  |