A.J. Evans Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03782037

A.J. Evans Limited

Filleted Unaudited Financial Statements

For the year ended

30 November 2025

A.J. Evans Limited

Financial Statements

Year ended 30 November 2025

Contents	Page

Officers and professional advisers	1

Report to the director on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

A.J. Evans Limited

Officers and Professional Advisers

Director	Mr A J Evans

Company secretary	Dr Alison Evans

Registered office	2 Oldfield Road
	Bocam Park
	Bridgend
	Bridgend County Borough
	CF35 5LJ

Accountants	Clay Shaw Thomas Ltd

	2 Oldfield Road
	Bocam Park
	Bridgend
	CF35 5LJ

Bankers	Virgin Money
	177 Bothwell Street
	Glasgow
	G2 7ER

A.J. Evans Limited

Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of A.J. Evans Limited

Year ended 30 November 2025

Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of A.J. Evans Limited You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Clay Shaw Thomas Ltd

2 Oldfield Road Bocam Park Bridgend CF35 5LJ

11 May 2026

A.J. Evans Limited

Statement of Financial Position

30 November 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		105,773	86,656

Current assets

Stocks		50,853	52,341
Debtors	7	521,332	411,899
Cash at bank and in hand		63,388	150,216
		---------	---------
		635,573	614,456

Creditors: amounts falling due within one year	8	282,761		241,002
		---------		---------
Net current assets			352,812	373,454
			---------	---------
Total assets less current liabilities			458,585	460,110

Provisions

Taxation including deferred tax	14,336	20,292
	---------	---------
Net assets	444,249	439,818
	---------	---------

A.J. Evans Limited

Statement of Financial Position (continued)

30 November 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	97	97
Profit and loss account	444,152	439,721
	---------	---------
Shareholders funds	444,249	439,818
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 11 May 2026 , and are signed on behalf of the board by:

Mr A J Evans
Director

Company registration number: 03782037

A.J. Evans Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Oldfield Road, Bocam Park, Bridgend, Bridgend County Borough, CF35 5LJ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably. The turnover shown in the profit and loss account represents amounts receivable during the year, exclusive of Value Added Tax. The company's principal activity is that of a pharmaceutical retailer. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Property improvements	-	2% straight line
Fixtures & fittings	-	20% reducing balance
Motor vehicles	-	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Defined contribution plans

The company operates a defined contribution scheme. The amount charged to the profit and loss account in respect of pension costs are the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2024: 15 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 December 2024 and 30 November 2025	218,280
	---------
Amortisation
At 1 December 2024 and 30 November 2025	218,280
	---------
Carrying amount
At 30 November 2025	–
	---------
At 30 November 2024	–
	---------

6. Tangible assets

	Property improvements	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 December 2024	8,784	165,922	124,172	298,878
Additions	–	3,294	33,308	36,602
	-------	---------	---------	---------
At 30 November 2025	8,784	169,216	157,480	335,480
	-------	---------	---------	---------
Depreciation
At 1 December 2024	3,294	134,471	74,457	212,222
Charge for the year	175	6,812	10,498	17,485
	-------	---------	---------	---------
At 30 November 2025	3,469	141,283	84,955	229,707
	-------	---------	---------	---------
Carrying amount
At 30 November 2025	5,315	27,933	72,525	105,773
	-------	---------	---------	---------
At 30 November 2024	5,490	31,451	49,715	86,656
	-------	---------	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	277,828	304,650
Other debtors	243,504	107,249
	---------	---------
	521,332	411,899
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	244,630	206,935
Social security and other taxes	28,435	28,793
Other creditors	9,696	5,274
	---------	---------
	282,761	241,002
	---------	---------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	22,000	22,000
Later than 1 year and not later than 5 years	64,167	64,167
	--------	--------
	86,167	86,167
	--------	--------

10. Directors' advances, credit and guarantees

As at 30 November 2025, the company was owed £210,319 (2024 :£80,398) from Mr A J Evans , a company director. The loan is repayable on demand and no interest has been charged.

		2025
		£
	Balance owed from the director at 1 December 2024	80,398
	Monies drawn	244,007
	Monies introduced	(114,086)
		---------
	Balance owed from the director at 30 November 2025	210,319
		---------

11. Related party transactions

During the year, the company paid £22,000 (2024: £21,804) in rent for the property owned by A J Evans Limited Directors pension scheme.