REGISTERED NUMBER: 12209809 (England and Wales)

Abridged Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Evolve Flooring Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T Rattle

REGISTERED OFFICE:

Ebor House Lees Lane

Haworth

Keighley

BD22 8RA

REGISTERED NUMBER:

12209809 (England and Wales)

ACCOUNTANTS:

Peckitt Ogden & Co

Chartered Certified Accountants

8 Marsden Park

James Nicolson Link

Clifton Moor

York

YO30 4WX

FIXED ASSETS

Tangible assets

4

177,364

74,775

Investments

5

4,149,497

-

4,326,861

74,775

CURRENT ASSETS

Stocks

2,300,241

2,595,729

Debtors

1,800,995

1,454,836

Cash at bank

453,044

1,918,628

4,554,280

5,969,193

CREDITORS

Amounts falling due within one year

3,423,813

2,802,198

NET CURRENT ASSETS

1,130,467

3,166,995

TOTAL ASSETS LESS CURRENT LIABILITIES

5,457,328

3,241,770

CREDITORS

Amounts falling due after more than one year

(866,357

)

-

PROVISIONS FOR LIABILITIES

(17,440

)

(13,949

)

NET ASSETS

4,573,531

3,227,821

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

4,573,530

3,227,820

SHAREHOLDERS' FUNDS

4,573,531

3,227,821

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2026 and were signed by:

Mr T Rattle - Director

1.	STATUTORY INFORMATION

Evolve Flooring 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.

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 reducing balance

Motor vehicles

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2024

65,915

34,642

100,557

Additions

19,594

112,245

131,839

At 30 September 2025

85,509

146,887

232,396

DEPRECIATION

At 1 October 2024

24,050

1,732

25,782

Charge for year

11,442

17,808

29,250

At 30 September 2025

35,492

19,540

55,032

NET BOOK VALUE

At 30 September 2025

50,017

127,347

177,364

At 30 September 2024

41,865

32,910

74,775

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

4,149,497

At 30 September 2025

4,149,497

NET BOOK VALUE

At 30 September 2025

4,149,497

6.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

1,990

-

Between one and five years

3,024

-

5,014

-

Non-cancellable

operating leases

2025

2024

£

£

Within one year

87,820

47,820

Between one and five years

113,273

42,426

201,093

90,246

7.	SECURED DEBTS

The bank facilities are secured by a fixed and floating charge the companies assets, the charge is held by HSBC UK Bank PLC.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

9.	RELATED PARTY DISCLOSURES

Evolve Flooring Ltd made sales excluding VAT during the year of £20,378.33 to Factory Direct Flooring Ltd (2024 - £0).

The company's subsidiary, Factory Direct Flooring Ltd, paid dividends of £500,000 within the year to 30th September 2025 (2024 - £0).

The company owed Factory Direct Flooring Ltd, the company's subsidiary, a total of £500,000 at the year end 30th September 2025 (2024 - £0).

10.	POST BALANCE SHEET EVENTS

On the 12 November 2025 there was a share for share exchange where Evolve Flooring Holdings Limited now owns 100% of Evolve Flooring Limited.

Mr Thomas Rattle owns 100% of Evolve Flooring Holdings Limited.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr T Rattle.