Emtec Machine Tools Limited


Director	Ms J Holden


Registered Address	10 Western Road
	Romford
	RM1 3JT


Registered Number	12287525 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		2,432		29,537
			2,432		29,537
Current assets
Stocks	5	107,200		106,800
Debtors	6	590,082		782,628
Cash at bank and on hand		1,287		71,693
		698,569		961,121
Creditors amounts falling due within one year	7	(696,363)		(973,763)
Net current assets (liabilities)			2,206		(12,642)
Total assets less current liabilities			4,638		16,895
Creditors amounts falling due after one year	8		(2,506)		(11,807)
Net assets			2,132		5,088
Capital and reserves
Called up share capital			100		100
Profit and loss account			2,032		4,988
Shareholders' funds			2,132		5,088

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 30 July 2026, and are signed on its behalf by:

Ms J Holden
Director
Registered Company No. 12287525

Emtec Machine Tools Limited

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

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. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	15
	Vehicles	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 November 24	10,450	58,934	11,727	81,111
Additions	-	-	1,720	1,720
Disposals	(10,450)	(58,934)	(10,147)	(79,531)
At 31 October 25	-	-	3,300	3,300
Depreciation and impairment
At 01 November 24	6,170	40,286	5,118	51,574
Charge for year	-	-	429	429
On disposals	(6,170)	(40,286)	(4,679)	(51,135)
At 31 October 25	-	-	868	868
Net book value
At 31 October 25	-	-	2,432	2,432
At 31 October 24	4,280	18,648	6,609	29,537

5.	Stocks

	2025	2024
	£	£
Finished goods	107,200	106,800
Total	107,200	106,800

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	409,536	614,454
Other debtors	13,277	4,952
Prepayments and accrued income	167,269	163,222
Total	590,082	782,628

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	173,447	414,980
Bank borrowings and overdrafts	10,000	10,698
Taxation and social security	1,986	82
Finance lease and HP contracts	-	33,710
Other creditors	505,804	509,167
Accrued liabilities and deferred income	5,126	5,126
Total	696,363	973,763


	The hire purchase creditor, shown as due both within and after one year, is secured against the asset to which it relates. Barclays Security Trustee Limited hold a fixed and floating charge over the company's assets dated 11 May 2020.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,506	11,807
Total	2,506	11,807

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	-		33,710

10.	Directors advances, credits and guarantees
	At the year end the director owed the company £5,885 (2024 - the company owed the director £122) by way of their loan account.

11.	Related party transactions
	Included within other creditors is £211,921 (2024 - £212,044) for an interest free loan owed to a company of which the director of this company is also the director. Also included within other creditors is £293,883 (2024 - £297,000) for an interest free loan owed to a second company of which the director of this company is also the director.