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REGISTERED NUMBER: 07846729 (England and Wales)















EMS EVESHAM MOTOR SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






EMS EVESHAM MOTOR SERVICES LIMITED (REGISTERED NUMBER: 07846729)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


EMS EVESHAM MOTOR SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr. P.A. Grummitt
Mr. G. Hughes





SECRETARY: Mrs. R.I. Armstrong





REGISTERED OFFICE: 15 & 17 Church Street
Stourbridge
West Midlands
DY8 1LU





REGISTERED NUMBER: 07846729 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
EMS EVESHAM MOTOR SERVICES LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of EMS Evesham Motor Services Limited for the year ended 31 January 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of EMS Evesham Motor Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of EMS Evesham Motor Services Limited and state those matters that we have agreed to state to the Board of Directors of EMS Evesham Motor Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EMS Evesham Motor Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that EMS Evesham Motor Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of EMS Evesham Motor Services Limited. You consider that EMS Evesham Motor Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of EMS Evesham Motor Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


31 October 2024

EMS EVESHAM MOTOR SERVICES LIMITED (REGISTERED NUMBER: 07846729)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 31,709 24,530
31,709 24,530

CURRENT ASSETS
Stocks 30,772 60,840
Debtors 6 93,694 98,986
Cash at bank 166,766 109,549
291,232 269,375
CREDITORS
Amounts falling due within one year 7 139,196 99,215
NET CURRENT ASSETS 152,036 170,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

183,745

194,690

CREDITORS
Amounts falling due after more than one year 8 146,757 172,035
NET ASSETS 36,988 22,655

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 36,888 22,555
SHAREHOLDERS' FUNDS 36,988 22,655

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

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

EMS EVESHAM MOTOR SERVICES LIMITED (REGISTERED NUMBER: 07846729)

STATEMENT OF FINANCIAL POSITION - 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 Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:




Mr. P.A. Grummitt - Director



Mr. G. Hughes - Director


EMS EVESHAM MOTOR SERVICES LIMITED (REGISTERED NUMBER: 07846729)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

EMS Evesham Motor 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.

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 represents net sales of goods/services, excluding value added tax

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 cost
Computer equipment - 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 statement of financial position date.


EMS EVESHAM MOTOR SERVICES LIMITED (REGISTERED NUMBER: 07846729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 187,705
AMORTISATION
At 1 February 2023
and 31 January 2024 187,705
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

EMS EVESHAM MOTOR SERVICES LIMITED (REGISTERED NUMBER: 07846729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 103,724 28,629 41,950 17,280 191,583
Additions 1,070 2,363 21,995 2,628 28,056
At 31 January 2024 104,794 30,992 63,945 19,908 219,639
DEPRECIATION
At 1 February 2023 97,369 23,682 28,827 17,175 167,053
Charge for year 3,273 2,400 14,249 955 20,877
At 31 January 2024 100,642 26,082 43,076 18,130 187,930
NET BOOK VALUE
At 31 January 2024 4,152 4,910 20,869 1,778 31,709
At 31 January 2023 6,355 4,947 13,123 105 24,530

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,968 18,919
Other debtors 77,726 80,067
93,694 98,986

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,744 16,890
Trade creditors 64,503 48,932
Amounts owed to participating interests 34,000 16,000
Taxation and social security 18,784 14,094
Other creditors 4,165 3,299
139,196 99,215

EMS EVESHAM MOTOR SERVICES LIMITED (REGISTERED NUMBER: 07846729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 33,449 51,192
Amounts owed to participating interests 113,308 120,843
146,757 172,035