IRIS Accounts Production v23.4.0.336 00347089 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh003470892022-09-30003470892023-09-30003470892022-10-012023-09-30003470892021-09-30003470892021-10-012022-09-30003470892022-09-3000347089ns15:EnglandWales2022-10-012023-09-3000347089ns14:PoundSterling2022-10-012023-09-3000347089ns10:Director12022-10-012023-09-3000347089ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3000347089ns10:SmallEntities2022-10-012023-09-3000347089ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3000347089ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3000347089ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3000347089ns10:FullAccounts2022-10-012023-09-3000347089ns10:Director22022-10-012023-09-3000347089ns10:Director32022-10-012023-09-3000347089ns10:CompanySecretary12022-10-012023-09-3000347089ns10:RegisteredOffice2022-10-012023-09-3000347089ns5:CurrentFinancialInstruments2023-09-3000347089ns5:CurrentFinancialInstruments2022-09-3000347089ns5:ShareCapital2023-09-3000347089ns5:ShareCapital2022-09-3000347089ns5:RetainedEarningsAccumulatedLosses2023-09-3000347089ns5:RetainedEarningsAccumulatedLosses2022-09-3000347089ns5:PlantMachinery2022-10-012023-09-3000347089ns5:FurnitureFittings2022-10-012023-09-3000347089ns5:PlantMachinery2022-09-3000347089ns5:FurnitureFittings2022-09-3000347089ns5:PlantMachinery2023-09-3000347089ns5:FurnitureFittings2023-09-3000347089ns5:PlantMachinery2022-09-3000347089ns5:FurnitureFittings2022-09-30
REGISTERED NUMBER: 00347089 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

EPPING MOTOR & MARINE GROUP LIMITED

EPPING MOTOR & MARINE GROUP LIMITED (REGISTERED NUMBER: 00347089)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EPPING MOTOR & MARINE GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: R Lyons
J Lyons
B J Lyons





SECRETARY: J Lyons





REGISTERED OFFICE: 34-40 High Street
Wanstead
London
E11 2RJ





REGISTERED NUMBER: 00347089 (England and Wales)





ACCOUNTANTS: THP Limited
Chartered Accountants
34-40 High Street
Wanstead
London
E11 2RJ

EPPING MOTOR & MARINE GROUP LIMITED (REGISTERED NUMBER: 00347089)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 428 4

CURRENT ASSETS
Stocks 158,931 79,095
Debtors 5 374 322
159,305 79,417
CREDITORS
Amounts falling due within one year 6 396,247 259,341
NET CURRENT LIABILITIES (236,942 ) (179,924 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(236,514

)

(179,920

)

CAPITAL AND RESERVES
Called up share capital 52 52
Retained earnings (236,566 ) (179,972 )
SHAREHOLDERS' FUNDS (236,514 ) (179,920 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 5 March 2024 and were signed on its behalf by:





R Lyons - Director


EPPING MOTOR & MARINE GROUP LIMITED (REGISTERED NUMBER: 00347089)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Epping Motor & Marine Group 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 and going concern
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.

The parent company provides financial support through the injection of funds as required. The Directors have received confirmation that this support will remain for at least 12 months from the date of approving these accounts.

The Directors have therefore prepared these accounts on a going concern basis.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied, net of returns, discounts and value added taxes.

Revenue is recognised when goods are collected by/delivered to the customer, such that the risks and rewards of ownership have passed 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 - 20% on cost
Fixtures and fittings - 15% on cost

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell, after making due allowance for 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.

3. EMPLOYEES AND DIRECTORS

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

EPPING MOTOR & MARINE GROUP LIMITED (REGISTERED NUMBER: 00347089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 October 2022 1,599 3,109 4,708
Additions - 499 499
At 30 September 2023 1,599 3,608 5,207
DEPRECIATION
At 1 October 2022 1,598 3,106 4,704
Charge for year - 75 75
At 30 September 2023 1,598 3,181 4,779
NET BOOK VALUE
At 30 September 2023 1 427 428
At 30 September 2022 1 3 4

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments and accrued income 374 322

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank overdraft 7,780 5,092
Trade creditors 6,066 4,373
Amount owed to parent undertaking 375,884 241,581
Social security and other taxes 742 1,960
Accrued expenses 5,775 6,335
396,247 259,341

7. RELATED PARTY DISCLOSURES

At the year end, the amount due to the ultimate parent undertaking was £375,884 (2022: £241,581).

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Lyons Brothers (U.K) Limited whose registered office is the same as the company's registered office.

9. GOING CONCERN

The parent company provides financial support through the injection of funds as required. The Directors have received confirmation that this support will remain for at least 12 months from the date of approving these accounts.

The Directors have therefore prepared these accounts on a going concern basis.