| EP PHILPOTT LIMITED |
| Balance Sheet |
| as at 31 August 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
367,295 |
|
|
367,295 |
|
|
|
|
|
367,295 |
|
|
367,295 |
|
| Current assets |
| Debtors |
4 |
|
580 |
|
|
621 |
| Cash at bank and in hand |
|
|
12,999 |
|
|
6,281 |
|
|
|
|
|
|
|
|
|
|
13,579 |
|
|
6,902 |
| Creditors: amounts falling due within one year |
5 |
|
(8,488) |
|
|
(5,944) |
|
| Net current assets |
|
|
|
5,091 |
|
|
958 |
|
|
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
|
372,386 |
|
|
368,253 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(367,295) |
|
|
(367,295) |
|
|
|
|
|
|
|
|
| Net assets |
|
|
|
5,091 |
|
|
958 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
5,089 |
|
|
956 |
|
| Shareholders' funds |
|
|
|
5,091 |
|
|
958 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
|
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
|
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
|
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| MRS. S.L. TURNER |
| Director |
| Approved by the board on 14 April 2026 |
|
| EP PHILPOTT LIMITED |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
|
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. |
|
|
Freehold land and buildings |
0% reducing balance basis |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
|
|
|
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 September 2024 |
367,295 |
|
|
At 31 August 2025 |
367,295 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 August 2024 |
- |
|
|
|
|
|
|
|
|
|
|
At 31 August 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
367,295 |
|
|
|
|
|
|
|
|
|
|
At 31 August 2024 |
367,295 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Prepayments |
580 |
|
621 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
1,440 |
|
630 |
|
Corporation tax |
969 |
|
320 |
|
Director's loan account |
6,079 |
|
4,994 |
|
|
|
|
|
|
8,488 |
|
5,944 |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Director's loan account |
367,295 |
|
367,295 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Controlling party |
|
Mr. B.J. Proctor and Mrs. S.L. Turner, each own 50% of the issued share capital of the company. |
|
|
| 8 |
Other information |
|
EP PHILPOTT LIMITED is a private company limited by shares and incorporated in England (Company Number 15106626). Its registered office is Unit G4-G5 Trentham Business Quarter, Bellringer Road, Trentham,Stoke-on-Trent, Staffs., ST4 8GB. |