Company registration number: 08064142
Annual report and unaudited financial statements
for the year ended 31 May 2025
for
ECR Car Parts Ltd
Pages for filing with the Registrar
Company registration number: 08064142
ECR Car Parts Ltd
Balance sheet
as at 31 May 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 27,062 12,036
27,062 12,036
Current assets
Stocks 78,000 60,718
Debtors 5 5,613 32,719
Cash at bank and in hand 41,465 75,101
125,078 168,538
Creditors: amounts falling due within one
year 		6 (81,072) (147,438)
Net current assets 44,006 21,100
Total assets less current liabilities 71,068 33,136
Creditors: Amounts falling due after more
than one year 		7 (43,062) (5,677)
NET ASSETS 28,006 27,459
Capital and reserves
Called up share capital 100 100
Profit and loss account 27,906 27,359
TOTAL EQUITY 28,006 27,459
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 May 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 08064142
ECR Car Parts Ltd
Balance sheet - continued
as at 31 May 2025
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 to the Registrar.
Signed by:
Mr D Iddamalgoda, Director
27 May 2026
2
ECR Car Parts Ltd
Notes to the financial statements
for the year ended 31 May 2025
1 Company information
ECR Car Parts Ltd is a private company registered in England and Wales. Its registered number is 08064142. The company is limited by shares. Its registered office is Unit 8, Old Winery Business Park, Norwich, Norfolk, NR10 4FE.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Motor vehicles - 25% 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.
3
ECR Car Parts Ltd
Notes to the financial statements - continued
for the year ended 31 May 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. 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 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.
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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 2).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 June 2024 36,700
Additions 31,660
Disposals (30,588)
At 31 May 2025 37,772
Depreciation
At 1 June 2024 24,664
Charge for year 10,001
Eliminated on disposal (23,955)
At 31 May 2025 10,710
4
ECR Car Parts Ltd
Notes to the financial statements - continued
for the year ended 31 May 2025
4 Tangible fixed assets - continued
Net book value
At 31 May 2025 27,062
At 31 May 2024 12,036
5 Debtors
2025 2024
£ £
Trade debtors 5,613 32,719
6 Creditors: amounts falling due within one year
2025 2024
£ £
Other loans 28,034 -
Hire purchase and finance leases 2,220 2,162
Trade creditors 2,973 5,154
Amounts owed to directors 36,287 -
Other creditors 382 121,712
Taxation 1,999 1,545
VAT payable 8,674 15,176
Social security and other tax 503 1,689
81,072 147,438
7 Creditors: amounts falling due after more than one year
2025 2024
£ £
Other loans 18,331 -
Hire purchase and finance leases 24,731 5,677
43,062 5,677
5