1 June 2022 false No description of principal activity Taxfiler 2023.10 12602792business:PrivateLimitedCompanyLtd2022-06-012023-05-31 126027922022-05-31 126027922022-06-012023-05-31 12602792business:AuditExemptWithAccountantsReport2022-06-012023-05-31 12602792business:FilletedAccounts2022-06-012023-05-31 126027922023-05-31 126027922022-05-31 12602792core:WithinOneYear2023-05-31 12602792core:WithinOneYear2022-05-31 12602792core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12602792core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 12602792core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12602792core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 12602792core:PreviouslyStatedAmount2023-05-31 12602792core:PreviouslyStatedAmount2022-05-31 12602792business:SmallEntities2022-06-012023-05-31 12602792business:Director12022-06-012023-05-31 12602792countries:EnglandWales2022-06-012023-05-31 12602792business:RegisteredOffice2022-06-012023-05-31 12602792core:PlantMachinery2022-06-012023-05-31 12602792core:PlantMachinery2022-05-31 12602792core:PlantMachinery2023-05-31 126027922021-06-012022-05-31 iso4217:GBP xbrli:pure
E & P MACHINERY LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,242 
2,989 
Current assets
Debtors
660 
60 
Cash at bank and in hand
1,364 
658 
2,024 
718 
Creditors: amounts falling due within one year
(2,202)
(3,070)
Net current liabilities
(178)
(2,352)
Total assets less current liabilities
2,064 
637 
Provisions for liabilities
Deferred tax
(426)
(568)
Net assets
1,638 
69 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,637 
68 
Shareholders' funds
1,638 
69 
For the 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. 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 3 January 2024 and were signed on its behalf by
M Lewis Director Company Registration No. 12602792
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E & P MACHINERY LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
E & P MACHINERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12602792. The registered office is 1 Smithy, Berrington, Shrewsbury, Shropshire, SY5 6HD, 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:
Plant & machinery
25% per annum reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2022
3,985 
At 31 May 2023
3,985 
Depreciation
At 1 June 2022
996 
Charge for the year
747 
At 31 May 2023
1,743 
Net book value
At 31 May 2023
2,242 
At 31 May 2022
2,989 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
600 
- 
Accrued income and prepayments
60 
60 
660 
60 
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E & P MACHINERY LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
60 
Taxes and social security
429 
216 
Loans from directors
1,460 
2,499 
Accruals
313 
295 
2,202 
3,070 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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