REGISTERED NUMBER: 07638133 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

EPM Upholstery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E Cowlishaw

SECRETARY:

Mrs K Cowlishaw

REGISTERED OFFICE:

Building 6000 Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

REGISTERED NUMBER:

07638133 (England and Wales)

ACCOUNTANTS:

AM-PM Accounting Solutions Limited

Building 6000

Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

FIXED ASSETS

Tangible assets

4

2,813

3,800

CURRENT ASSETS

Stocks

11,000

11,000

Debtors

5

2,918

5,551

Cash at bank

4,657

9,952

18,575

26,503

CREDITORS

Amounts falling due within one year

6

12,237

12,445

NET CURRENT ASSETS

6,338

14,058

TOTAL ASSETS LESS CURRENT LIABILITIES

9,151

17,858

CREDITORS

Amounts falling due after more than one year

7

(8,350

)

(16,506

)

PROVISIONS FOR LIABILITIES

(703

)

(722

)

NET ASSETS

98

630

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

96

628

SHAREHOLDERS' FUNDS

98

630

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 17 November 2025 and were signed by:

E Cowlishaw - Director

1.	STATUTORY INFORMATION

EPM Upholstery 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 represents the value of goods and services supplied in the period, net of value added tax and any discounts given.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

and 31 May 2025

985

12,456

1,064

14,505

DEPRECIATION

At 1 June 2024

541

9,562

602

10,705

Charge for year

111

724

152

987

At 31 May 2025

652

10,286

754

11,692

NET BOOK VALUE

At 31 May 2025

333

2,170

310

2,813

At 31 May 2024

444

2,894

462

3,800

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

200

150

Other debtors

2,718

5,401

2,918

5,551

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

3,200

1,298

Taxation and social security

8,052

10,341

Other creditors

985

806

12,237

12,445

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

8,350

16,506

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

31.5.25

31.5.24

£

£

E Cowlishaw

Balance outstanding at start of year

4,568

2,228

Amounts advanced

-

4,568

Amounts repaid

(2,662

)

(2,228

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,906

4,568

This loan was provided interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is E Cowlishaw.