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Company Registration No. 12437065 (England and Wales)
Evolution Racing Ltd Unaudited accounts for the year ended 28 February 2026
Evolution Racing Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Evolution Racing Ltd Company Information for the year ended 28 February 2026
Director
James William Laker
Company Number
12437065 (England and Wales)
Registered Office
42 SUSSEX ROAD TONBRIDGE TN9 2TR ENGLAND
Accountants
Blue Sky Accountants Limited Innovation Centre Medway Maidstone Road Chatham Kent ME5 9FD
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Evolution Racing Ltd Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
18,653 
24,871 
Current assets
Debtors
5
35,000 
15,000 
Cash at bank and in hand
155,621 
148,829 
190,621 
163,829 
Creditors: amounts falling due within one year
6
(24,351)
(18,157)
Net current assets
166,270 
145,672 
Net assets
184,923 
170,543 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
184,823 
170,443 
Shareholders' funds
184,923 
170,543 
For the year ending 28 February 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2026 and were signed on its behalf by
James William Laker Director Company Registration No. 12437065
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Evolution Racing Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Evolution Racing Ltd is a private company, limited by shares, registered in England and Wales, registration number 12437065. The registered office is 42 SUSSEX ROAD, TONBRIDGE, TN9 2TR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight Line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2025
47,964 
At 28 February 2026
47,964 
Depreciation
At 1 March 2025
23,093 
Charge for the year
6,218 
At 28 February 2026
29,311 
Net book value
At 28 February 2026
18,653 
At 28 February 2025
24,871 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
35,000 
15,000 
- 5 -
Evolution Racing Ltd Notes to the Accounts for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
11,280 
- 
Taxes and social security
9,471 
14,557 
Loans from directors
3,600 
3,600 
24,351 
18,157 
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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