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REGISTERED NUMBER: 06401766 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2022 TO 31 JANUARY 2024

FOR

E P I C ENGINEERING LIMITED

E P I C ENGINEERING LIMITED (REGISTERED NUMBER: 06401766)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 November 2022 to 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E P I C ENGINEERING LIMITED

COMPANY INFORMATION
for the period 1 November 2022 to 31 January 2024







DIRECTOR: C Lucas





SECRETARY: A M Lucas





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: 06401766 (England and Wales)





ACCOUNTANTS: d&t
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

E P I C ENGINEERING LIMITED (REGISTERED NUMBER: 06401766)

BALANCE SHEET
31 January 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,738
Investments 5 - 23,542
- 25,280

CURRENT ASSETS
Debtors 6 322,089 64,623
Cash at bank 57,583 278,054
379,672 342,677
CREDITORS
Amounts falling due within one year 7 18,168 6,368
NET CURRENT ASSETS 361,504 336,309
TOTAL ASSETS LESS CURRENT
LIABILITIES

361,504

361,589

PROVISIONS FOR LIABILITIES - 330
NET ASSETS 361,504 361,259

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve - (217,411 )
Retained earnings 361,404 578,570
SHAREHOLDERS' FUNDS 361,504 361,259

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 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.

E P I C ENGINEERING LIMITED (REGISTERED NUMBER: 06401766)

BALANCE SHEET - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 15 February 2024 and were signed by:





C Lucas - Director


E P I C ENGINEERING LIMITED (REGISTERED NUMBER: 06401766)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 November 2022 to 31 January 2024

1. STATUTORY INFORMATION

E P I C Engineering Limited 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 as modified by the revaluation of certain assets.

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 etc - 33% straight line basis and 25% straight line basis

TAXATION
Taxation for the period 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 financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period 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.

E P I C ENGINEERING LIMITED (REGISTERED NUMBER: 06401766)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 November 2022 to 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 8,860
Additions 714
Disposals (9,574 )
At 31 January 2024 -
DEPRECIATION
At 1 November 2022 7,122
Charge for period 1,164
Eliminated on disposal (8,286 )
At 31 January 2024 -
NET BOOK VALUE
At 31 January 2024 -
At 31 October 2022 1,738

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2022 23,542
Additions 280,000
Disposals (303,542 )
At 31 January 2024 -
NET BOOK VALUE
At 31 January 2024 -
At 31 October 2022 23,542

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors - 17,400
Other debtors 322,089 47,223
322,089 64,623

E P I C ENGINEERING LIMITED (REGISTERED NUMBER: 06401766)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 November 2022 to 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Taxation and social security 17,953 5,828
Other creditors 215 540
18,168 6,368

8. LOANS WITH PARTICIPATORS

During the year, one of the directors was advanced £3,000 and repaid £38,219. Interest was charged at the HMRC official rate.