Silverfin false 31/05/2023 01/06/2022 31/05/2023 T Downing 08/04/2019 P Gawman 08/04/2019 M Sweeney 08/04/2019 J Talbott 08/04/2019 22 August 2023 The principal activity of the Company during the financial year was that of car preparation. 11931626 2023-05-31 11931626 bus:Director1 2023-05-31 11931626 bus:Director2 2023-05-31 11931626 bus:Director3 2023-05-31 11931626 bus:Director4 2023-05-31 11931626 core:CurrentFinancialInstruments 2023-05-31 11931626 core:CurrentFinancialInstruments 2022-05-31 11931626 2022-05-31 11931626 core:ShareCapital 2023-05-31 11931626 core:ShareCapital 2022-05-31 11931626 core:RetainedEarningsAccumulatedLosses 2023-05-31 11931626 core:RetainedEarningsAccumulatedLosses 2022-05-31 11931626 bus:OrdinaryShareClass1 2023-05-31 11931626 bus:OrdinaryShareClass2 2023-05-31 11931626 bus:OrdinaryShareClass3 2023-05-31 11931626 bus:OrdinaryShareClass4 2023-05-31 11931626 2022-06-01 2023-05-31 11931626 bus:FullAccounts 2022-06-01 2023-05-31 11931626 bus:SmallEntities 2022-06-01 2023-05-31 11931626 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 11931626 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 11931626 bus:Director1 2022-06-01 2023-05-31 11931626 bus:Director2 2022-06-01 2023-05-31 11931626 bus:Director3 2022-06-01 2023-05-31 11931626 bus:Director4 2022-06-01 2023-05-31 11931626 2021-06-01 2022-05-31 11931626 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 11931626 bus:OrdinaryShareClass1 2021-06-01 2022-05-31 11931626 bus:OrdinaryShareClass2 2022-06-01 2023-05-31 11931626 bus:OrdinaryShareClass2 2021-06-01 2022-05-31 11931626 bus:OrdinaryShareClass3 2022-06-01 2023-05-31 11931626 bus:OrdinaryShareClass3 2021-06-01 2022-05-31 11931626 bus:OrdinaryShareClass4 2022-06-01 2023-05-31 11931626 bus:OrdinaryShareClass4 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11931626 (England and Wales)

EATON PREPARATION CENTRE LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2023
Pages for filing with the registrar

EATON PREPARATION CENTRE LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2023

Contents

EATON PREPARATION CENTRE LIMITED

BALANCE SHEET

As at 31 May 2023
EATON PREPARATION CENTRE LIMITED

BALANCE SHEET (continued)

As at 31 May 2023
2023 2022
£ £
Current assets
Debtors 3 1,264 1,843
Cash at bank and in hand 6,435 14,687
7,699 16,530
Creditors: amounts falling due within one year 4 ( 6,549) ( 9,347)
Net current assets 1,150 7,183
Total assets less current liabilities 1,150 7,183
Net assets 1,150 7,183
Capital and reserves
Called-up share capital 5 100 100
Profit and loss account 1,050 7,083
Total shareholders' funds 1,150 7,183

For the financial year ending 31 May 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Eaton Preparation Centre Limited (registered number: 11931626) were approved and authorised for issue by the Board of Directors on 22 August 2023. They were signed on its behalf by:

T Downing
Director
J Talbott
Director
EATON PREPARATION CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
EATON PREPARATION CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Eaton Preparation Centre Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom. The principal place of business is 8 Eaton Business Centre, Plymouth, Devon, PL6 7PP.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable in respect of rent and recharged utilities in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Debtors

2023 2022
£ £
Prepayments 264 1,843
VAT recoverable 1,000 0
1,264 1,843

4. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals 549 2,347
Other creditors 6,000 7,000
6,549 9,347

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
35 Ordinary A shares of £ 1.00 each 35 35
25 Ordinary B shares of £ 1.00 each 25 25
20 Ordinary C shares of £ 1.00 each 20 20
20 Ordinary D shares of £ 1.00 each 20 20
100 100

6. Related party transactions

Transactions with the entity's directors

2023 2022
£ £
Loans from related parties 0 7,000

During the year, the company had a loan from Mostlot Limited, a company controlled and managed by the directors of Eaton Preparation Centre Limited. The loan was interest-free and was repaid in full during the year.