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REGISTERED NUMBER: 07280981 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Environment & Power Technology Limited

Environment & Power Technology Limited (Registered number: 07280981)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Environment & Power Technology Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: Mr P Boyd
Mr J Walklate
Mr M S R Millward
Mr R G Rodgers





REGISTERED OFFICE: Suite 1, 1st Floor
Bank House , The Paddock
Wilmslow Road
Handforth
SK9 3HQ





REGISTERED NUMBER: 07280981 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
Apex
33 Victoria Street
Altrincham
Cheshire
WA14 1EZ

Environment & Power Technology Limited (Registered number: 07280981)

Balance Sheet
31 December 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 457,826 81,343
457,826 81,343

CURRENT ASSETS
Stocks 6 93,441 72,280
Debtors 7 1,582,740 1,123,181
Cash at bank and in hand 303,050 133,515
1,979,231 1,328,976
CREDITORS
Amounts falling due within one year 8 (1,509,431 ) (1,152,852 )
NET CURRENT ASSETS 469,800 176,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

927,626

257,467

CREDITORS
Amounts falling due after more than one year 9 (394,702 ) (121,680 )

PROVISIONS FOR LIABILITIES (81,435 ) (1,480 )
NET ASSETS 451,489 134,307

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11 451,389 134,207
451,489 134,307

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

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

Environment & Power Technology Limited (Registered number: 07280981)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:





Mr R G Rodgers - Director


Environment & Power Technology Limited (Registered number: 07280981)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Environment & Power Technology 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and Equipment - 25% straight line
Fixtures and Fittings - 25% straight line
Computers - 25% straight line
Motor Vehicles - 25% reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Environment & Power Technology Limited (Registered number: 07280981)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2023 - 47 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 January 2024
and 31 December 2024 4,996
AMORTISATION
At 1 January 2024
and 31 December 2024 4,996
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 January 2024 7,008 2,141 172,721 140,271 322,141
Additions 7,275 - 429,763 7,938 444,976
Disposals - - (49,105 ) - (49,105 )
At 31 December 2024 14,283 2,141 553,379 148,209 718,012
DEPRECIATION
At 1 January 2024 6,368 2,141 102,296 129,993 240,798
Charge for year 1,397 - 49,826 7,208 58,431
Eliminated on disposal - - (39,043 ) - (39,043 )
At 31 December 2024 7,765 2,141 113,079 137,201 260,186
NET BOOK VALUE
At 31 December 2024 6,518 - 440,300 11,008 457,826
At 31 December 2023 640 - 70,425 10,278 81,343

6. STOCKS
2024 2023
£ £
Stocks 56,852 17,014
Work-in-progress 36,589 55,266
93,441 72,280

Environment & Power Technology Limited (Registered number: 07280981)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

7. DEBTORS
2024 2023
£ £
Amounts falling due within one year:
Trade debtors 1,293,686 886,856
Other debtors 262,724 210,333
1,556,410 1,097,189

Amounts falling due after more than one year:
Other debtors 26,330 25,992

Aggregate amounts 1,582,740 1,123,181

The company utilises an invoice discounting facility with the Royal Bank of Scotland. At the balance sheet date, trade debts of £1,305,254 (2023 - £886,856) were held under the invoice discounting facility.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 311,490 182,337
Hire purchase contracts (see note 10) 143,103 12,114
Trade creditors 532,808 384,622
Taxation and social security 258,720 311,507
Other creditors 263,310 262,272
1,509,431 1,152,852

Bank loans and overdrafts amounting to £261,498 (2023 - £132,345) are secured by a fixed and floating charge over the assets of the company.

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 20,870 70,862
Hire purchase contracts (see note 10) 373,832 50,818
394,702 121,680

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£ £
Net obligations repayable:
Within one year 143,103 12,114
Between one and five years 373,832 50,818
516,935 62,932

Environment & Power Technology Limited (Registered number: 07280981)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

10. LEASING AGREEMENTS - continued

Non-cancellable
operating leases
2024 2023
£ £
Within one year 48,666 41,166
Between one and five years 22,500 -
71,166 41,166

11. RESERVES
Retained
earnings
£

At 1 January 2024 134,207
Profit for the year 317,182
At 31 December 2024 451,389

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£ £
Mr R G Rodgers
Balance outstanding at start of year 95,727 94,727
Amounts advanced 6,248 1,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 101,975 95,727

These advances were interest free, repayable on demand and the company held no security in their respect.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Environment & Power Technology 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 Balance Sheet. Readers are cautioned that the Income Statement 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 Environment & Power Technology Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet 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 Environment & Power Technology 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 Environment & Power Technology Limited and state those matters that we have agreed to state to the Board of Directors of Environment & Power Technology 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 Environment & Power Technology Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Environment & Power Technology 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 Environment & Power Technology Limited. You consider that Environment & Power Technology 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 Environment & Power Technology 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.






Bennett Brooks & Co Ltd
Chartered Accountants
Apex
33 Victoria Street
Altrincham
Cheshire
WA14 1EZ


1 May 2025