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Registration number: 09979114

E&M MOT and Servicing Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 28 February 2025

E&M MOT and Servicing Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 7

E&M MOT and Servicing Ltd

Company Information

Directors | Mr J W Eldred Mr R Mangano

Registered office | Pembrey Road Kidwelly SA17 4TF

E&M MOT and Servicing Ltd

(Registration number: 09979114)
Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 209,047 | 28,184
Current assets |  |  |
Stocks | 6 | 2,328 | 2,260
Debtors | 7 | 18,432 | 20,642
Cash at bank and in hand |  | 30,733 | 20,984
|  | 51,493 | 43,886
Creditors: Amounts falling due within one year | 8 | (124,423) | (36,626)
Net current (liabilities)/assets |  | (72,930) | 7,260
Total assets less current liabilities |  | 136,117 | 35,444
Creditors: Amounts falling due after more than one year | 8 | (92,285) | (17,856)
Net assets |  | 43,832 | 17,588
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Profit and loss account |  | 43,830 | 17,586
Total equity |  | 43,832 | 17,588

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 23 October 2025 and signed on its behalf by:

......................................... Mr J W Eldred Director | ......................................... Mr R Mangano Director |

E&M MOT and Servicing Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Pembrey Road
Kidwelly
SA17 4TF

These financial statements were authorised for issue by the Board on 23 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

E&M MOT and Servicing Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% on Reducing balance
Long leasehold property | 1% on Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

E&M MOT and Servicing Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2024 - 10).

4 | Profit/loss before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 7,637 | 6,851

E&M MOT and Servicing Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

5 | Tangible assets

| Long leasehold land and buildings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 March 2024 | 200,000 | 46,523 | 246,523
At 28 February 2025 | 200,000 | 46,523 | 246,523
Depreciation
At 1 March 2024 | 11,500 | 18,339 | 29,839
Charge for the year | 2,000 | 5,637 | 7,637
At 28 February 2025 | 13,500 | 23,976 | 37,476
Carrying amount
At 28 February 2025 | 186,500 | 22,547 | 209,047
At 29 February 2024 | - | 28,184 | 28,184

Included within the net book value of land and buildings above is £186,500 (2024 - £Nil) in respect of long leasehold land and buildings.

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 2,328 | 2,260

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 16,404 | 15,201
Other debtors | 2,028 | 5,441
| 18,432 | 20,642

E&M MOT and Servicing Ltd

Notes to the Financial Statements for the Year Ended 28 February 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Bank loans and overdrafts | 10 | 19,463 | 3,966
Trade creditors |  | 19,330 | 15,311
Taxation and social security |  | 13,322 | 9,626
Directors' loan accounts |  | 70,429 | 6,154
Outstanding defined contribution pension costs |  | 371 | 319
Other creditors |  | 1,508 | 1,250
|  | 124,423 | 36,626
Due after one year |  |  |
Loans and borrowings | 10 | 92,285 | 17,856

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 2 | 2 | 2 | 2

10 | Loans and borrowings

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank borrowings | 92,285 | 17,856

| 2025 £ | 2024 £
Current loans and borrowings
Bank borrowings | 19,463 | 3,966