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REGISTERED NUMBER: 04523010 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2024 |

| FOR |

| EXPRESS MOTOR COMPONENTS LIMITED |

EXPRESS MOTOR COMPONENTS LIMITED (REGISTERED NUMBER: 04523010)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

Balance sheet | 1 |

Notes to the financial statements | 2 |

EXPRESS MOTOR COMPONENTS LIMITED (REGISTERED NUMBER: 04523010)

BALANCE SHEET

31 DECEMBER 2024

| 2024 |  | 2023

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 14,593 |  | 19,326 |  |

CURRENT ASSETS

Stocks | 11,125 |  | 11,125 |  |

Debtors | 5 | 34,800 |  | 44,925 |  |

Cash at bank and in hand | 142,966 |  | 127,063 |  |

188,891 |  | 183,113 |  |

CREDITORS

Amounts falling due within one year | 6 | (30,174 | ) | (38,100 | ) |

NET CURRENT ASSETS | 158,717 |  | 145,013 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 173,310 |  | 164,339 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 173,308 |  | 164,337 |  |

SHAREHOLDERS' FUNDS | 173,310 |  | 164,339 |  |

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 director acknowledges his 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 director and authorised for issue on 2 September 2025 and were signed by:

G Harper - Director

EXPRESS MOTOR COMPONENTS LIMITED (REGISTERED NUMBER: 04523010)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Express Motor Components 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: | 04523010

| Registered office: | 22 Ryeburn Drive

| Bromley Cross

| Bolton

| Lancashire

| BL2 3FP

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.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Stocks

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

| Leased assets

| Assets held under finance lease 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 profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 2 ) .

EXPRESS MOTOR COMPONENTS LIMITED (REGISTERED NUMBER: 04523010)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024

| and 31 December 2024 | 7,444 |  | 33,750 |  | 41,194 |  |

| DEPRECIATION

| At 1 January 2024 | 6,457 |  | 15,411 |  | 21,868 |  |

| Charge for year | 148 |  | 4,585 |  | 4,733 |  |

| At 31 December 2024 | 6,605 |  | 19,996 |  | 26,601 |  |

| NET BOOK VALUE

| At 31 December 2024 | 839 |  | 13,754 |  | 14,593 |  |

| At 31 December 2023 | 987 |  | 18,339 |  | 19,326 |  |

| The net book value of motor vehicles comprises assets held under finance leases. The amount of depreciation in respect of such assets amounted to £6,446 (2022 £8,262) for the year.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 34,800 |  | 44,925 |  |

| All amounts show under debtors fall due for payment within one year.

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Hire purchase contracts | - |  | 5,098 |  |

| Trade creditors | 6,436 |  | 7,769 |  |

| Taxation and social security | 21,993 |  | 19,910 |  |

| Other creditors | 1,745 |  | 5,323 |  |

30,174 |  | 38,100 |  |

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Hire purchase contracts | - |  | 5,098 |  |

8. | RELATED PARTY DISCLOSURES

| Controlling party

| G Harper, together with members of his close family, controls the company by virtue of a controlling interest of 100% of the issued ordinary capital.