E M P Accident Repair Centre Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08236437 (England and Wales)

E M P ACCIDENT REPAIR CENTRE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

E Porter

N E Porter

REGISTERED OFFICE:

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

REGISTERED NUMBER:

08236437 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

26 Park Road

Melton Mowbray

Leicestershire

LE13 1TT

FIXED ASSETS

Intangible assets

4

-

Property, plant and equipment

5

22,522

25,084

Investments

6

109,535

33,678

132,057

58,762

CURRENT ASSETS

Inventories

3,850

29,513

Debtors

7

415,800

345,217

Cash at bank

120,022

115,293

539,672

490,023

CREDITORS

Amounts falling due within one year

8

113,692

120,421

NET CURRENT ASSETS

425,980

369,602

TOTAL ASSETS LESS CURRENT LIABILITIES

558,037

428,364

PROVISIONS FOR LIABILITIES

2,643

2,995

NET ASSETS

555,394

425,369

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

10

555,393

425,368

SHAREHOLDERS' FUNDS

555,394

425,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

E Porter - Director

1.	STATUTORY INFORMATION

E M P Accident Repair Centre Ltd 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 as modified by the revaluation of certain assets.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised upon provision of services and despatch of goods.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Property, plant and equipment

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

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Property, plant and equipment is stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Fixed asset investments

Fixed asset investments relating to investments in classic cars are stated at fair value. Any surplus or deficit arising from changes in fair value is recognised in profit or loss.

Fixed asset investments relating to investments in commodities are stated at market value. Market value is calculated with reference to gold prices reported by The Royal Mint. Any surplus or deficit arising from changes in fair value is recognised in profit or loss.

Inventories

Inventories are valued at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

100,000

AMORTISATION

At 1 November 2024

and 31 October 2025

100,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 November 2024

60,584

Additions

3,458

Disposals

(1,600

)

At 31 October 2025

62,442

DEPRECIATION

At 1 November 2024

35,500

Charge for year

5,969

Eliminated on disposal

(1,549

)

At 31 October 2025

39,920

NET BOOK VALUE

At 31 October 2025

22,522

At 31 October 2024

25,084

6.	FIXED ASSET INVESTMENTS

Investments

Other

in

investments

commodities

Totals

£

COST OR VALUATION

At 1 November 2024

-

33,678

Additions

6,500

12,320

18,820

Disposals

-

(3,456

)

(3,456

)

Revaluations

3,212

31,618

34,830

Reclassification/transfer

25,663

-

25,663

At 31 October 2025

35,375

74,160

109,535

NET BOOK VALUE

At 31 October 2025

35,375

74,160

109,535

At 31 October 2024

-

33,678

Cost or valuation at 31 October 2025 is represented by:

Investments

Other

in

investments

commodities

Totals

£

Valuation in 2025

3,212

31,618

34,830

Cost

32,163

42,542

74,705

35,375

74,160

109,535

Fixed asset investments were valued on an open market basis on 31 October 2025 by the directors .

Investments in commodities are investments in gold coins, and have been classified as fixed assets as they are being held for long term capital appreciation.

Other investments are investments in classic cars. These were previously disclosed as trading stock, but have been reclassified as fixed asset investments on the basis that they are being held for long term capital appreciation. It has not been considered necessary to include a prior year adjustment to restate the comparatives as there is no impact on the profit or reserves.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

14,216

9,978

Other debtors

397,669

330,869

Prepayments

3,915

4,370

415,800

345,217

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

5,015

4,720

Taxation

31,238

28,471

Other taxes and social security

8,272

9,166

Other creditors

295

Directors' current accounts

62,814

73,587

Accruals and deferred income

6,058

4,182

113,692

120,421

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1

Ordinary

£1

1

10.

RESERVES

Retained profits includes £34,831 in respect of revaluation of fixed asset investments.

11.	RELATED PARTY DISCLOSURES

The directors of the company are also directors and shareholders of ENP Property Management Limited.

During the year, the company advanced £68,000 (2024: £20,000) to ENP Property Management Limited and received repayments of £1,200 (2024: £1,200).

At the year-end, ENP Property Management Limited owed the company £397,669 (2023: £330,869).