EVOLVED DIGITAL MARKETING LTD


Directors	I McIntosh
	D Watts


Registered Address	Toffee Factory Lower Steenbergs Yard
	Walker Road
	Newcastle Upon Tyne
	NE1 2DF


Registered Number	09161250 (England and Wales)

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Revenue from rendering of services

Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.  Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss and represents the amount of tax payable in respect of taxable profit for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss and represents the amount of tax payable in respect of taxable profit for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Intangible assets
	Intangible assets, which represent investments in cryptocurrency, are recognised in the financial statements when the financial transaction to acquire those assets is complete and cash has been exchanged for the cryptocurrency. Intangible assets are recognised initially at the transaction price and are subsequently measured at fair value, where this can be reliably determined from an active market.

Intangible assets

Intangible assets, which represent investments in cryptocurrency, are recognised in the financial statements when the financial transaction to acquire those assets is complete and cash has been exchanged for the cryptocurrency.  

Intangible assets are recognised initially at the transaction price and are subsequently measured at fair
value, where this can be reliably determined from an active market.

	Tangible fixed assets and depreciation
	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 is charged so as to write off the cost of assets over their estimated useful lives, as follows: Office Equipment - 25% - 33% straight line

Tangible fixed assets and depreciation

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 is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Office Equipment  - 25% - 33% straight line

	Trade and other debtors
	Trade debtors are amounts due from customers for services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

	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.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	31		46

3.	Further information regarding the company's income
	The financial results were derived from continuing operations. The company has no recognised gains or losses for the year other than shown in Profit and Loss account.

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 September 24	219,485	219,485
Additions	833	833
At 31 August 25	220,318	220,318
Depreciation and impairment
At 01 September 24	173,132	173,132
Charge for year	27,826	27,826
At 31 August 25	200,958	200,958
Net book value
At 31 August 25	19,360	19,360
At 31 August 24	46,353	46,353

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	416,610	623,303
Other debtors	483,767	18,178
Prepayments and accrued income	39,442	59,817
Total	939,819	701,298

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	22,156	-
Taxation and social security	45,713	313,965
Other creditors	17,079	76,744
Accrued liabilities and deferred income	60,176	102,991
Total	145,124	493,700

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	4,840	11,588
Total	4,840	11,588

8.	Operating lease commitments
	At 31 August 2025, the company had no commitments outstanding under non-cancellable operating leases (2024 - £NIL). The amount of non-cancellable operating lease payments recognised as an expense during the year was £NIL (2024 - £101,097).

9.	Share capital
	The company has the following share capital: 200 Allotted, called up and fully paid Ordinary shares of £1 each with a total value of £200 (2024 - £200) During the year, 3 Called up and fully paid Class A Ordinary shares of £1 each, with a total value of £3, were cancelled.

10.	Related party transactions
	Summary of transactions with other related parties Directors Included within Creditors (Due within one year) are amounts owed by the company to directors of the company. There are no fixed terms as to interest or repayment of the balances. At the balance sheet date the total amounts due were £NIL (2024 - £47,664).

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		19,360		46,353
			19,360		46,353
Current assets
Debtors	5	939,819		701,298
Cash at bank and on hand		1,817,773		2,821,551
		2,757,592		3,522,849
Creditors amounts falling due within one year	6	(145,124)		(493,700)
Net current assets (liabilities)			2,612,468		3,029,149
Total assets less current liabilities			2,631,828		3,075,502
Provisions for liabilities	7		(4,840)		(11,588)
Net assets			2,626,988		3,063,914
Capital and reserves
Called up share capital			200		203
Share premium			-		81
Profit and loss account			2,626,788		3,063,630
Shareholders' funds			2,626,988		3,063,914