REGISTERED NUMBER: 14382361 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 28 March 2025

for

Eurotow Group Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K Hicks

Mr M A Hicks

Mr J E Hicks

Miss L K Hicks

REGISTERED OFFICE:

26 Sansome Walk

Worcester

Worcestershire

WR1 1LX

REGISTERED NUMBER:

14382361 (England and Wales)

ACCOUNTANTS:

Smart Accountancy Solutions Limited

26 Sansome Walk

Worcester

WR1 1LX

FIXED ASSETS

Tangible assets

4

1,477,361

812,810

Investments

5

2

2

1,477,363

812,812

CURRENT ASSETS

Debtors

442,606

227,796

Cash at bank

340,729

414,364

783,335

642,160

CREDITORS

Amounts falling due within one year

654,780

767,957

NET CURRENT ASSETS/(LIABILITIES)

128,555

(125,797

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,605,918

687,015

CREDITORS

Amounts falling due after more than one year

(503,889

)

(202,400

)

PROVISIONS FOR LIABILITIES

(261,974

)

(85,605

)

NET ASSETS

840,055

399,010

CAPITAL AND RESERVES

Called up share capital

125

125

Retained earnings

839,930

398,885

840,055

399,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 November 2025 and were signed on its behalf by:

Mrs K Hicks - Director

1.	STATUTORY INFORMATION

Eurotow Group 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 Eurotow Group 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 29 March 2024

1,059,834

Additions

1,297,998

Disposals

(183,892

)

At 28 March 2025

2,173,940

DEPRECIATION

At 29 March 2024

247,024

Charge for year

470,729

Eliminated on disposal

(21,174

)

At 28 March 2025

696,579

NET BOOK VALUE

At 28 March 2025

1,477,361

At 28 March 2024

812,810

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 29 March 2024

265,000

Additions

569,524

At 28 March 2025

834,524

DEPRECIATION

At 29 March 2024

66,250

Charge for year

191,241

At 28 March 2025

257,491

NET BOOK VALUE

At 28 March 2025

577,033

At 28 March 2024

198,750

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 29 March 2024

and 28 March 2025

2

NET BOOK VALUE

At 28 March 2025

2

At 28 March 2024

2

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M A Hicks and Mrs K Hicks.