Evolution Ceilings and Partitioning Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11259260

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		33,697		44,658

			33,697		44,658
CURRENT ASSETS
Debtors	5	80,340		75,936
Cash at bank and in hand		18,875		50,775

		99,215		126,711
Creditors: Amounts Falling Due Within One Year	6	(27,093 )		(28,432 )

NET CURRENT ASSETS (LIABILITIES)			72,122		98,279

TOTAL ASSETS LESS CURRENT LIABILITIES			105,819		142,937

Creditors: Amounts Falling Due After More Than One Year	7		(30,329 )		(40,141 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,739 )		(8,485 )

NET ASSETS			68,751		94,311

CAPITAL AND RESERVES
Called up share capital	10		4		4
Profit and Loss Account			68,747		94,307

SHAREHOLDERS' FUNDS			68,751		94,311

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Evolution Ceilings and Partitioning Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C R Lovegrove

Director

2nd June 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Evolution Ceilings and Partitioning Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11259260 . The registered office is 32 Shrubbery Close, Sutton Coldfield, West Midlands, B76 1WE.

The presentation currency of the financial statements is in the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover 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 only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	33% on cost

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Evolution Ceilings and Partitioning Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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.

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 the 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	6,089	80,850	1,468	88,407

As at 31 March 2026	6,089	80,850	1,468	88,407

...CONTINUED

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Evolution Ceilings and Partitioning Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	3,267	39,119	1,363	43,749
Provided during the period	424	10,432	105	10,961

As at 31 March 2026	3,691	49,551	1,468	54,710

Net Book Value
As at 31 March 2026	2,398	31,299	-	33,697

As at 1 April 2025	2,822	41,731	105	44,658

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2026	2025
	£	£
Motor Vehicles	22,868	30,490

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	53,915	47,150
Prepayments and accrued income	3,877	3,470
VAT	113	106
Directors' loan accounts	22,435	25,210

	80,340	75,936

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	7,146	7,146
Trade creditors	1,384	178
Bank loans and overdrafts	2,666	8,000
Corporation tax	12,801	9,358
Social security and other taxes	1,521	2,210
Accrued expenses	1,575	1,540

	27,093	28,432

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Evolution Ceilings and Partitioning Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	30,329	37,475
Bank loans	-	2,666

	30,329	40,141

8. Secured Creditors

The following secured debts are included within creditors:

The UK Government has provided a guarantee for the bounce back loan should the company default on payment.

	2026		2025
	£		£
Bank loans and overdrafts	2,666		10,666

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,146	7,146
Later than one year and not later than five years	30,329	37,475

	37,475	44,621

	37,475	44,621

10. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
4 Ordinary Shares of £ 1.00 each	4	4

11. Directors Advances, Credits and Guarantees

The following advances and credits to directors subsisted during the year ended 31 March 2026:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Carl Lovegrove	25,210	80,385	(83,160 )	-	22,435

No interest is charged on loans from directors. Amounts are repayable on demand.

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