Company Registration No. 04252717 (England and Wales)
Environmental Services (Parts Washer) Limited
Unaudited accounts
for the year ended 31 March 2025
Environmental Services (Parts Washer) Limited
Unaudited accounts
Contents
Environmental Services (Parts Washer) Limited
Company Information
for the year ended 31 March 2025
Directors
Shaun Richard Glennon
Jacqueline Helen Glennon
Company Number
04252717 (England and Wales)
Registered Office
9 Ezekiel Lane
WILLENHALL
West Midlands
WV12 5QU
England
Accountants
KJP Bookkeeping Services
24 Red Lion Lane
Norton Canes
Cannock
Staffordshire
WS11 9QP
Environmental Services (Parts Washer) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
318,402
236,907
Cash at bank and in hand
80,250
69,929
Creditors: amounts falling due within one year
(176,170)
(104,282)
Net current assets
3,402
32,349
Total assets less current liabilities
321,804
269,256
Creditors: amounts falling due after more than one year
(51,463)
(34,230)
Provisions for liabilities
Deferred tax
(60,495)
(45,013)
Net assets
209,846
190,013
Called up share capital
100
100
Profit and loss account
209,746
189,913
Shareholders' funds
209,846
190,013
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by
Shaun Richard Glennon
Director
Company Registration No. 04252717
Environmental Services (Parts Washer) Limited
Notes to the Accounts
for the year ended 31 March 2025
Environmental Services (Parts Washer) Limited is a private company, limited by shares, registered in England and Wales, registration number 04252717. The registered office is 9 Ezekiel Lane, , WILLENHALL, West Midlands, WV12 5QU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Environmental Services (Parts Washer) Limited
Notes to the Accounts
for the year ended 31 March 2025
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
115,496
219,674
8,279
343,449
Additions
66,078
75,965
1,337
143,380
Disposals
-
(43,781)
-
(43,781)
At 31 March 2025
181,574
251,858
9,616
443,048
At 1 April 2024
35,058
65,657
5,827
106,542
Charge for the year
15,368
23,649
868
39,885
On disposals
-
(21,781)
-
(21,781)
At 31 March 2025
50,426
67,525
6,695
124,646
At 31 March 2025
131,148
184,333
2,921
318,402
At 31 March 2024
80,438
154,017
2,452
236,907
Amounts falling due within one year
Trade debtors
98,437
65,890
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
12,247
10,204
Obligations under finance leases and hire purchase contracts
12,842
12,283
Trade creditors
51,103
4,471
Taxes and social security
6,385
8,198
Loans from directors
79,718
60,155
Assets acquired under hire purchase contracts are secured against those specific assets.
Environmental Services (Parts Washer) Limited
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
11,475
21,995
The Bank Loans and amounts due under hire purchase contracts are repayable within 5 years.
8
Deferred taxation
2025
2024
Accelerated capital allowances
60,495
45,013
Provision at start of year
45,013
30,423
Charged to the profit and loss account
15,482
14,590
Provision at end of year
60,495
45,013
9
Average number of employees
During the year the average number of employees was 7 (2024: 6).