IRIS Accounts Production v23.3.1.45 11081922 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110819222022-11-30110819222023-11-30110819222022-12-012023-11-30110819222021-11-30110819222021-12-012022-11-30110819222022-11-3011081922ns10:Originalns15:EnglandWales2022-12-012023-11-3011081922ns14:PoundSterlingns10:Original2022-12-012023-11-3011081922ns10:Originalns10:Director12022-12-012023-11-3011081922ns10:Original2022-12-012023-11-3011081922ns10:Original2023-11-3011081922ns10:Originalns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011081922ns10:Originalns10:SmallEntities2022-12-012023-11-3011081922ns10:Originalns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3011081922ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011081922ns10:SmallCompaniesRegimeForAccountsns10:Original2022-12-012023-11-3011081922ns10:Originalns10:FullAccounts2022-12-012023-11-3011081922ns10:Originalns10:Director22022-12-012023-11-3011081922ns10:Originalns10:RegisteredOffice2022-12-012023-11-3011081922ns10:Original2022-11-3011081922ns10:Originalns5:CurrentFinancialInstruments2023-11-3011081922ns10:Originalns5:CurrentFinancialInstruments2022-11-3011081922ns10:Originalns5:Non-currentFinancialInstruments2023-11-3011081922ns10:Originalns5:Non-currentFinancialInstruments2022-11-3011081922ns5:ShareCapitalns10:Original2023-11-3011081922ns5:ShareCapitalns10:Original2022-11-3011081922ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-11-3011081922ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-11-3011081922ns10:Originalns5:PlantMachinery2022-12-012023-11-3011081922ns10:Originalns5:FurnitureFittings2022-12-012023-11-3011081922ns10:Originalns5:MotorVehicles2022-12-012023-11-3011081922ns10:Originalns5:ComputerEquipment2022-12-012023-11-3011081922ns10:Original2021-12-012022-11-3011081922ns10:Originalns5:PlantMachinery2022-11-3011081922ns10:Originalns5:FurnitureFittings2022-11-3011081922ns10:Originalns5:MotorVehicles2022-11-3011081922ns10:Originalns5:ComputerEquipment2022-11-3011081922ns10:Original2022-11-3011081922ns10:Originalns5:PlantMachinery2023-11-3011081922ns10:Originalns5:FurnitureFittings2023-11-3011081922ns10:Originalns5:MotorVehicles2023-11-3011081922ns10:Originalns5:ComputerEquipment2023-11-3011081922ns10:Originalns5:PlantMachinery2022-11-3011081922ns10:Originalns5:FurnitureFittings2022-11-3011081922ns10:Originalns5:MotorVehicles2022-11-3011081922ns10:Originalns5:ComputerEquipment2022-11-3011081922ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011081922ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 11081922 (England and Wales)














EP ELECTRICAL & MECHANICAL SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






EP ELECTRICAL & MECHANICAL SERVICES LTD (REGISTERED NUMBER: 11081922)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


EP ELECTRICAL & MECHANICAL SERVICES LTD

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTORS: E E Deighan
P J Kelly





REGISTERED OFFICE: 5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE





REGISTERED NUMBER: 11081922 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

EP ELECTRICAL & MECHANICAL SERVICES LTD (REGISTERED NUMBER: 11081922)

STATEMENT OF FINANCIAL POSITION
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 43,841 59,781

CURRENT ASSETS
Debtors 6 215,939 334,002
Cash at bank and in hand 449,043 214,222
664,982 548,224
CREDITORS
Amounts falling due within one year 7 278,767 241,895
NET CURRENT ASSETS 386,215 306,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

430,056

366,110

CREDITORS
Amounts falling due after more than one
year

8

(254

)

(4,885

)

PROVISIONS FOR LIABILITIES (10,960 ) (11,358 )
NET ASSETS 418,842 349,867

CAPITAL AND RESERVES
Called up, paid and allotted share capital 100 100
Retained earnings 418,742 349,767
SHAREHOLDERS' FUNDS 418,842 349,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

EP ELECTRICAL & MECHANICAL SERVICES LTD (REGISTERED NUMBER: 11081922)

STATEMENT OF FINANCIAL POSITION - continued
30 November 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:





P J Kelly - Director


EP ELECTRICAL & MECHANICAL SERVICES LTD (REGISTERED NUMBER: 11081922)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

EP Electrical & Mechanical Services 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, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Income recognition
Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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.

EP ELECTRICAL & MECHANICAL SERVICES LTD (REGISTERED NUMBER: 11081922)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 64,739 3,619 59,101 2,266 129,725
Additions - 535 11,975 374 12,884
Disposals - - (3,900 ) (699 ) (4,599 )
At 30 November 2023 64,739 4,154 67,176 1,941 138,010
DEPRECIATION
At 1 December 2022 37,134 2,748 28,304 1,758 69,944
Charge for year 15,497 1,005 10,695 414 27,611
Eliminated on disposal - - (2,687 ) (699 ) (3,386 )
At 30 November 2023 52,631 3,753 36,312 1,473 94,169
NET BOOK VALUE
At 30 November 2023 12,108 401 30,864 468 43,841
At 30 November 2022 27,605 871 30,797 508 59,781

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 100,031 157,921
Amounts recoverable on contract 89,393 152,843
Other debtors 26,515 23,238
215,939 334,002

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 4,631 5,337
Trade creditors 78,395 141,382
Taxation and social security 84,978 32,779
Other creditors 110,763 62,397
278,767 241,895

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 254 4,885

EP ELECTRICAL & MECHANICAL SERVICES LTD (REGISTERED NUMBER: 11081922)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

9. RELATED PARTY DISCLOSURES

The directors operate loan accounts with the company. During the year, brought forward loans were repaid in aggregate of £11,684. At the year end, the directors were owed £6,450.