REGISTERED NUMBER: 00586725 (England and Wales)

Emcel Filters Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H E Marshall

Mr C V Marshall

Mr D I Spraget

Mrs I L Jennings

Mrs F A Marshall -Law

Mr J Allen

SECRETARY:

Mrs I L Jennings

REGISTERED OFFICE:

Blatchford Road

Horsham

West Sussex

RH13 5RA

REGISTERED NUMBER:

00586725 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Tangible assets

4

870,337

808,356

Investments

5

100,750

100,750

971,087

909,106

CURRENT ASSETS

Stocks

781,011

792,192

Debtors

6

936,440

1,015,886

Cash at bank and in hand

1,396,759

1,384,041

3,114,210

3,192,119

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

1,054,164

1,123,382

NET CURRENT ASSETS

2,060,046

2,068,737

TOTAL ASSETS LESS CURRENT LIABILITIES

3,031,133

2,977,843

PROVISIONS FOR LIABILITIES

81,683

66,379

NET ASSETS

2,949,450

2,911,464

CAPITAL AND RESERVES

Called up share capital

8

950

950

Capital redemption reserve

50

50

Retained earnings

2,948,450

2,910,464

SHAREHOLDERS' FUNDS

2,949,450

2,911,464

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

Mr D I Spraget - Director

1.	STATUTORY INFORMATION

Emcel Filters 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Emcel Filters Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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 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 company and specific criteria have been met for each of the company's activities.

Tangible fixed assets

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

Freehold property

-

4% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provisions for impairments.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Investments

Listed current asset investments are measured at fair value through profit or loss. The fair value at the balance sheet date and the gain included in profit for the year were determined by reference to the bid price at the year end date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 contributes to employees' personal pension schemes. Contributions payable to the schemes are charged to the profit and loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 54 (2024 - 56 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Office

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

404,058

709,202

346,293

154,668

1,614,221

Additions

-

114,699

100,611

8,883

224,193

Disposals

-

-

(59,579

)

-

(59,579

)

At 31 March 2025

404,058

823,901

387,325

163,551

1,778,835

DEPRECIATION

At 1 April 2024

150,342

454,408

132,733

68,382

805,865

Charge for year

10,899

45,742

67,963

22,224

146,828

Eliminated on disposal

-

-

(44,195

)

-

(44,195

)

At 31 March 2025

161,241

500,150

156,501

90,606

908,498

NET BOOK VALUE

At 31 March 2025

242,817

323,751

230,824

72,945

870,337

At 31 March 2024

253,716

254,794

213,560

86,286

808,356

Included in cost of land and buildings is freehold land of £ 128,459 (2024 - £ 128,459 ) which is not depreciated.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

100,750

NET BOOK VALUE

At 31 March 2025

100,750

At 31 March 2024

100,750

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

715,617

838,052

Other debtors

220,823

177,834

936,440

1,015,886

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

519,011

551,114

Amounts owed to group undertakings

112,266

68,634

Taxation and social security

330,470

343,632

Other creditors

92,417

160,002

1,054,164

1,123,382

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

275

Ordinary A

£1

275

275

275

Ordinary B

£1

275

275

175

Ordinary C

£1

175

175

175

Ordinary D

£1

175

175

50

Ordinary E

£1

50

50

950

950

All shares rank pari passu in all respects except that different dividend amounts can be declared for each class.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company made advances to a director totalling £nil (2024 - £120,000) and received repayments totalling £nil (2024 - £nil). Interest has been charged on the overdrawn balance totalling £2,729 (2024 - £1,579). At the balance sheet date the director owed the company £124,308 (2024 - £121,579). This balance is unsecured and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year dividends were paid to the directors totalling £302,989 (2024 - £277,140).