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REGISTERED NUMBER: 09121263 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

EMERGENCY VEHICLE PRODUCTS LIMITED

EMERGENCY VEHICLE PRODUCTS LIMITED (REGISTERED NUMBER: 09121263)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EMERGENCY VEHICLE PRODUCTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2023







DIRECTORS: Mr P J Garner
Mrs S E Garner





REGISTERED OFFICE: Unit 4
Benford Court
Lower Cape
Warwick
Warwickshire
CV34 5DA





REGISTERED NUMBER: 09121263 (England and Wales)





ACCOUNTANTS: Michael Harwood & Co
Chartered Accountants
Greville House
10 Jury Street
Warwick
Warwickshire
CV34 4EW

EMERGENCY VEHICLE PRODUCTS LIMITED (REGISTERED NUMBER: 09121263)

BALANCE SHEET
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 61,036 50,448

CURRENT ASSETS
Stocks 228,944 204,923
Debtors 5 173,711 106,079
Cash at bank and in hand 83,967 102,820
486,622 413,822
CREDITORS
Amounts falling due within one year 6 249,706 206,489
NET CURRENT ASSETS 236,916 207,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

297,952

257,781

CREDITORS
Amounts falling due after more than one
year

7

(35,966

)

(50,352

)

PROVISIONS FOR LIABILITIES (4,055 ) (4,112 )
NET ASSETS 257,931 203,317

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 257,831 203,217
SHAREHOLDERS' FUNDS 257,931 203,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 Board of Directors and authorised for issue on 30 January 2024 and were signed on its behalf by:





Mr P J Garner - Director


EMERGENCY VEHICLE PRODUCTS LIMITED (REGISTERED NUMBER: 09121263)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Emergency Vehicle Products 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.

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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% reducing balance
Fixtures and fittings - 20% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33.33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

EMERGENCY VEHICLE PRODUCTS LIMITED (REGISTERED NUMBER: 09121263)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 29,318 2,920 35,132 10,293 77,663
Additions - 450 21,490 1,883 23,823
Disposals - - - (1,006 ) (1,006 )
At 31 July 2023 29,318 3,370 56,622 11,170 100,480
DEPRECIATION
At 1 August 2022 12,520 1,781 5,855 7,059 27,215
Charge for year 3,360 231 7,543 2,066 13,200
Eliminated on disposal - - - (971 ) (971 )
At 31 July 2023 15,880 2,012 13,398 8,154 39,444
NET BOOK VALUE
At 31 July 2023 13,438 1,358 43,224 3,016 61,036
At 31 July 2022 16,798 1,139 29,277 3,234 50,448

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2022
and 31 July 2023 35,132
DEPRECIATION
At 1 August 2022 5,855
Charge for year 7,319
At 31 July 2023 13,174
NET BOOK VALUE
At 31 July 2023 21,958
At 31 July 2022 29,277

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 152,744 98,891
Other debtors 11,000 -
Prepayments and accrued income 9,967 7,188
173,711 106,079

EMERGENCY VEHICLE PRODUCTS LIMITED (REGISTERED NUMBER: 09121263)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 4,599 4,599
Trade creditors 93,686 61,499
Corporation tax 31,573 22,332
Social security and other taxes 1,039 999
VAT 14,934 6,977
Other creditors 495 507
Directors' current accounts 90,980 97,163
Accruals and deferred income 2,400 2,413
249,706 206,489

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans - 2-5 years 19,100 28,887
Hire purchase contracts 16,866 21,465
35,966 50,352