E.P.S. (UK) Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 01936300

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		47,312		59,580
Tangible Assets	5		683,434		613,258
Investments	6		-		600

			730,746		673,438
CURRENT ASSETS
Stocks		732,498		1,023,803
Debtors		665,101		215,690
Cash at bank and in hand		382,121		396,808

		1,779,720		1,636,301
Creditors: Amounts Falling Due Within One Year		(957,387 )		(756,846 )

NET CURRENT ASSETS (LIABILITIES)			822,333		879,455

TOTAL ASSETS LESS CURRENT LIABILITIES			1,553,079		1,552,893

Creditors: Amounts Falling Due After More Than One Year			(99,049 )		(71,291 )

NET ASSETS			1,454,030		1,481,602

CAPITAL AND RESERVES
Called up share capital	9		12,504		12,504
Profit and Loss Account			1,441,526		1,469,098

SHAREHOLDERS' FUNDS			1,454,030		1,481,602

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E.P.S. (UK) Limited

Abridged Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 September 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

M McKean

Director

15/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

E.P.S. (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01936300 . The registered office is Carter House, G2 Wyvern Court, Stanier Way, Derby, DE21 6BF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.4. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are patents. It is amortised to the profit and loss account over its estimated economic life of 20 years.

Capitalised development costs are amortised to the profit and loss account on a straight line basis over their expected useful economic lives, which range from 4 to 25 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	7.5% on reducing balance
Motor Vehicles	7.5% on reducing balance
Fixtures & Fittings	5% on reducing balance
Computer Equipment	20% straight line

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E.P.S. (UK) Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 September 2025

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.7. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.8. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 27 (2024: 18)

4. Intangible Assets

	Total
	£
Cost
As at 1 October 2024	665,737

As at 30 September 2025	665,737

Amortisation
As at 1 October 2024	606,157
Provided during the period	12,268

As at 30 September 2025	618,425

Net Book Value
As at 30 September 2025	47,312

As at 1 October 2024	59,580

5. Tangible Assets

	Total
	£
Cost
As at 1 October 2024	1,323,191
Additions	127,961

As at 30 September 2025	1,451,152

...CONTINUED

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E.P.S. (UK) Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 September 2025

Depreciation
As at 1 October 2024	709,933
Provided during the period	57,785

As at 30 September 2025	767,718

Net Book Value
As at 30 September 2025	683,434

As at 1 October 2024	613,258

6. Investments

	Total
	£
Cost or Valuation
As at 1 October 2024	600
Disposals	(600 )

As at 30 September 2025	-

Provision
As at 1 October 2024	-

As at 30 September 2025	-

Net Book Value
As at 30 September 2025	-

As at 1 October 2024	600

7. Secured Creditors

Hire purchase contracts are secured on the assets to which they relate.

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	60,621	42,909
Later than one year and not later than five years	99,049	29,624

	159,670	72,533

	159,670	72,533

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	12,504	12,504

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