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REGISTERED NUMBER: 01870571 (England and Wales)












Unaudited Financial Statements

for the Period

1 April 2024 to 31 December 2024

for

Evesham Mechanical Services Limited

Evesham Mechanical Services Limited (Registered number: 01870571)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 December 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Evesham Mechanical Services Limited (Registered number: 01870571)

Balance Sheet
31 December 2024

2024 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,816 32,883
Investments 5 - -
26,816 32,883

CURRENT ASSETS
Stocks 32,610 30,500
Debtors 6 250,092 209,520
Cash at bank and in hand 72,857 28,609
355,559 268,629
CREDITORS
Amounts falling due within one year 7 215,464 179,784
NET CURRENT ASSETS 140,095 88,845
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,911

121,728

CREDITORS
Amounts falling due after more than one
year

8

120,186

146,927
NET ASSETS/(LIABILITIES) 46,725 (25,199 )

CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Retained earnings 44,725 (27,199 )
SHAREHOLDERS' FUNDS 46,725 (25,199 )

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

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

Evesham Mechanical Services Limited (Registered number: 01870571)

Balance Sheet - continued
31 December 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 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 14 February 2025 and were signed on its behalf by:





T J Nettell - Director


Evesham Mechanical Services Limited (Registered number: 01870571)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 December 2024

1. STATUTORY INFORMATION

Evesham Mechanical Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01870571

Registered office: Benchmark Point
Unit 22 Briar Close Business Park
Evesham
Worcestershire
WR11 4JT

The presentation currency of the financial statements is the Pound Sterling (£).


The financial statements cover the period from 1 April 2024 to 31 December 2024 as the company chosen to align their year end to the financial year. Comparative results show results for 12 months and therefore are not entirely comparable.

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 the fair value of services provided under contracts with customers to the extent that there is a right to consideration. It is measured at the fair value of consideration due. Where a service is incomplete at the year end, turnover represents the value of the service provided to that date based on an appropriate proportion of the total expected consideration at completion.

Invoices are not raised until a contract is complete so the value of incomplete services is included as amounts recoverable on contracts in the balance sheet.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs which are directly attributable in bringing the asset to its location and condition so that it is capable of operating in the manner intended by management.

Depreciation is provided on all tangible fixed assets at rates which are calculated to write off the cost, less estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), of each asset on a systematic basis over its expected useful life as follows:

Motor vehicles - 25% on a reducing balance
Plant and machinery - 15% on a reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Evesham Mechanical Services Limited (Registered number: 01870571)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Evesham Mechanical Services Limited (Registered number: 01870571)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

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 period was 17 (2024 - 19 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 April 2024 14,212 145,187 159,399
Disposals - (8,500 ) (8,500 )
At 31 December 2024 14,212 136,687 150,899
Depreciation
At 1 April 2024 11,920 114,596 126,516
Charge for period 258 5,722 5,980
Eliminated on disposal - (8,413 ) (8,413 )
At 31 December 2024 12,178 111,905 124,083
Net book value
At 31 December 2024 2,034 24,782 26,816
At 31 March 2024 2,292 30,591 32,883

Evesham Mechanical Services Limited (Registered number: 01870571)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
Cost
At 1 April 2024 50,000
Disposals (50,000 )
At 31 December 2024 -
Provisions
At 1 April 2024 50,000

Eliminated on disposal (50,000 )
At 31 December 2024 -
Net book value
At 31 December 2024 -
At 31 March 2024 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Trade debtors 202,285 135,235
Other debtors 47,807 74,285
250,092 209,520

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Trade creditors 153,106 107,608
Taxation and social security 12,268 18,875
Other creditors 50,090 53,301
215,464 179,784

Hire purchase liabilities are secured over the assets to which they relate.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2024
£    £   
Other creditors 120,186 146,927

Hire purchase liabilities are secured over the assets to which they relate.

Evesham Mechanical Services Limited (Registered number: 01870571)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2024
£    £   
CBILS Loan 45,000 67,500

HSBC UK Bank plc hold a fixed and floating charge over the assets of the company, the charge contains a negative pledge.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2024
value: £    £   
1,800 Ordinary A £1 1,800 1,800
200 Ordinary B £1 200 200
2,000 2,000

11. FINANCIAL COMMITMENTS

The total value of financial commitments, guarantees and contingencies that are not included in the balance sheet amounts to £110,556 (2024: £8,062).

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 December 2024 and the year ended 31 March 2024:

2024 2024
£    £   
T J Nettell
Balance outstanding at start of period 1,689 65
Amounts advanced 584 1,689
Amounts repaid (2,051 ) (65 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 222 1,689

A W Moore
Balance outstanding at start of period (401 ) 482
Amounts advanced 1,341 1,413
Amounts repaid (917 ) (2,296 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 23 (401 )

The above loans are included within other debtors. They are interest free and repayable on demand.

13. RELATED PARTY DISCLOSURES

Included within the balance of other creditors is a loan of £100,000 (2024: £100,000) from the company's shareholder. The loan is interest free with no fixed repayment terms.