REGISTERED NUMBER: 06824208 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

E-QUIPFIX LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M K Bean

D L Bean

C J Bean

REGISTERED OFFICE:

Denmark House

Old Bath Road

Charvil

Reading

Berkshire

RG10 9QJ

REGISTERED NUMBER:

06824208 (England and Wales)

ACCOUNTANTS:

Maxwell & Co

9 Abbey Business Park

Monks Walk

Farnham

Surrey

GU9 8HT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

247,181

264,921

247,181

264,921

CURRENT ASSETS

Stocks

6

189,642

244,701

Debtors

7

725,004

198,444

Cash at bank and in hand

103,986

550,311

1,018,632

993,456

CREDITORS

Amounts falling due within one year

8

215,417

285,796

NET CURRENT ASSETS

803,215

707,660

TOTAL ASSETS LESS CURRENT LIABILITIES

1,050,396

972,581

PROVISIONS FOR LIABILITIES

9

11,382

14,946

NET ASSETS

1,039,014

957,635

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,038,014

956,635

SHAREHOLDERS' FUNDS

1,039,014

957,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 29 September 2025 and were signed on its behalf by:

M K Bean - Director

1.	STATUTORY INFORMATION

E-Quipfix 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

The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

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.

Freehold property

-

1% on cost

Improvements to property

-

10% on cost

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

33% on reducing balance and 10% on cost

Motor vehicles

-

25% on reducing balance

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.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 for the employees. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employer pension contributions for the directors are paid to the directors private pensions and 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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,000

AMORTISATION

At 1 April 2024

and 31 March 2025

20,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

215,918

33,060

18,911

Additions

-

-

-

Disposals

-

-

-

At 31 March 2025

215,918

33,060

18,911

DEPRECIATION

At 1 April 2024

19,433

24,445

14,271

Charge for year

2,159

1,436

1,531

Eliminated on disposal

-

-

-

At 31 March 2025

21,592

25,881

15,802

NET BOOK VALUE

At 31 March 2025

194,326

7,179

3,109

At 31 March 2024

196,485

8,615

4,640

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

41,814

107,006

12,062

428,771

Additions

216

19,300

1,483

20,999

Disposals

(12,868

)

(49,625

)

-

(62,493

)

At 31 March 2025

29,162

76,681

13,545

387,277

DEPRECIATION

At 1 April 2024

33,770

60,212

11,719

163,850

Charge for year

1,411

12,039

574

19,150

Eliminated on disposal

(11,215

)

(31,689

)

-

(42,904

)

At 31 March 2025

23,966

40,562

12,293

140,096

NET BOOK VALUE

At 31 March 2025

5,196

36,119

1,252

247,181

At 31 March 2024

8,044

46,794

343

264,921

6.

STOCKS

2025

2024

£

£

Stocks

189,642

244,701

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

143,966

194,419

Other debtors

577,582

31

Prepayments

3,456

3,994

725,004

198,444

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,352

3,926

Trade creditors

101,093

143,970

Tax

59,179

74,269

Social security and other taxes

3,305

3,305

VAT

46,238

54,080

Other creditors

-

6

Directors' current accounts

-

4,000

Accrued expenses

2,250

2,240

215,417

285,796

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

11,382

14,946

Deferred

tax

£

Balance at 1 April 2024

14,946

Provided during year

(3,564

)

Balance at 31 March 2025

11,382

10.	RELATED PARTY DISCLOSURES

During the year, a loan of £575,000 was advanced to the company's parent undertaking. The loan remains outstanding as at 31 March 2025 and is interest free and repayable on demand.