IRIS Accounts Production v26.1.10.61 06126114 Board of Directors Board of Directors 1.4.25 31.3.26 31.3.26 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06126114 2025-03-31 06126114 2026-03-31 06126114 2025-04-01 2026-03-31 06126114 2024-03-31 06126114 2024-04-01 2025-03-31 06126114 2025-03-31 06126114 ns15:EnglandWales 2025-04-01 2026-03-31 06126114 ns14:PoundSterling 2025-04-01 2026-03-31 06126114 ns10:Director1 2025-04-01 2026-03-31 06126114 ns10:Director2 2025-04-01 2026-03-31 06126114 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 06126114 ns10:SmallEntities 2025-04-01 2026-03-31 06126114 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 06126114 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 06126114 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 06126114 ns10:FullAccounts 2025-04-01 2026-03-31 06126114 1 2025-04-01 2026-03-31 06126114 ns5:CurrentFinancialInstruments 2026-03-31 06126114 ns5:CurrentFinancialInstruments 2025-03-31 06126114 ns5:ShareCapital 2026-03-31 06126114 ns5:ShareCapital 2025-03-31 06126114 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 06126114 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 06126114 ns10:RegisteredOffice 2025-04-01 2026-03-31 06126114 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 06126114 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2025-04-01 2026-03-31 06126114 ns5:PlantMachinery 2025-04-01 2026-03-31 06126114 ns5:MotorVehicles 2025-04-01 2026-03-31 06126114 ns5:NetGoodwill 2025-03-31 06126114 ns5:NetGoodwill 2026-03-31 06126114 ns5:NetGoodwill 2025-03-31 06126114 ns5:LandBuildings 2025-03-31 06126114 ns5:PlantMachinery 2025-03-31 06126114 ns5:MotorVehicles 2025-03-31 06126114 ns5:LandBuildings 2025-04-01 2026-03-31 06126114 ns5:LandBuildings 2026-03-31 06126114 ns5:PlantMachinery 2026-03-31 06126114 ns5:MotorVehicles 2026-03-31 06126114 ns5:LandBuildings 2025-03-31 06126114 ns5:PlantMachinery 2025-03-31 06126114 ns5:MotorVehicles 2025-03-31 06126114 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 06126114 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 06126114 2 ns10:Director2 2025-03-31 06126114 2 ns10:Director2 2024-03-31 06126114 2 ns10:Director2 2025-04-01 2026-03-31 06126114 2 ns10:Director2 2024-04-01 2025-03-31 06126114 2 ns10:Director2 2026-03-31 06126114 2 ns10:Director2 2025-03-31

REGISTERED NUMBER: 06126114 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

EUROQUIP NEWENT LTD

EUROQUIP NEWENT LTD (REGISTERED NUMBER: 06126114)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

EUROQUIP NEWENT LTD (REGISTERED NUMBER: 06126114)

BALANCE SHEET

31 MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 44,481 |  | 69,098 |  |

44,481 |  | 69,098 |  |

CURRENT ASSETS

Stocks | - |  | 11,955 |  |

Debtors | 6 | 51,935 |  | 75,085 |  |

Cash at bank and in hand | 267,971 |  | 397,165 |  |

319,906 |  | 484,205 |  |

CREDITORS

Amounts falling due within one year | 7 | 4,283 |  | 63,111 |  |

NET CURRENT ASSETS | 315,623 |  | 421,094 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 360,104 |  | 490,192 |  |

PROVISIONS FOR LIABILITIES | 1,721 |  | 5,609 |  |

NET ASSETS | 358,383 |  | 484,583 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 358,283 |  | 484,483 |  |

SHAREHOLDERS' FUNDS | 358,383 |  | 484,583 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

EUROQUIP NEWENT LTD (REGISTERED NUMBER: 06126114)

BALANCE SHEET - continued

31 MARCH 2026

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

S Bennett - Director

P R Sheen - Director

EUROQUIP NEWENT LTD (REGISTERED NUMBER: 06126114)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Euroquip Newent Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 06126114

| Registered office: | Unit 1 Strawberry Hill Business Park

| Strawberry Hill

| Newent

| Gloucestershire

| GL18 1LH

| 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

| 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.

| Intangible fixed assets consist of goodwill. Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.

| Goodwill, relating to the acquisition of a business in 2007, has now been fully amortised in this year's financial statements.

| Tangible fixed assets

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

| Property improvements | - | 5% on reducing balance

| Plant and machinery | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and estimated selling prices less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.

| Financial instruments

| The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and directors loans.

| Directors loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

EUROQUIP NEWENT LTD (REGISTERED NUMBER: 06126114)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

| Provisions

| Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

| Going concern

| The directors intend to liquidate the company now these financial statements have been completed. The trade has also ceased, such that the going concern basis no longer remains appropriate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2025 - 4 ) .

EUROQUIP NEWENT LTD (REGISTERED NUMBER: 06126114)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 35,000 |  |

| AMORTISATION

| At 1 April 2025

| and 31 March 2026 | 35,000 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  |

| At 31 March 2025 | - |  |

5. | TANGIBLE FIXED ASSETS

| Property |  | Plant and |  | Motor |

| improvements |  | machinery |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2025 | 59,654 |  | 148,592 |  | 94,965 |  | 303,211 |  |

| Disposals | - |  | (142,972 | ) | (26,367 | ) | (169,339 | ) |

| At 31 March 2026 | 59,654 |  | 5,620 |  | 68,598 |  | 133,872 |  |

| DEPRECIATION

| At 1 April 2025 | 20,079 |  | 128,748 |  | 85,286 |  | 234,113 |  |

| Charge for year | 1,979 |  | 148 |  | 2,147 |  | 4,274 |  |

| Eliminated on disposal | - |  | (123,718 | ) | (25,278 | ) | (148,996 | ) |

| At 31 March 2026 | 22,058 |  | 5,178 |  | 62,155 |  | 89,391 |  |

| NET BOOK VALUE

| At 31 March 2026 | 37,596 |  | 442 |  | 6,443 |  | 44,481 |  |

| At 31 March 2025 | 39,575 |  | 19,844 |  | 9,679 |  | 69,098 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 31,320 |  | 66,754 |  |

| Other debtors | 20,615 |  | 6,679 |  |

| Prepayments | - |  | 1,652 |  |

51,935 |  | 75,085 |  |

EUROQUIP NEWENT LTD (REGISTERED NUMBER: 06126114)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade creditors | - |  | 41,178 |  |

| Corporation tax | - |  | 2,176 |  |

| VAT | - |  | 15,515 |  |

| Other creditors | - |  | 445 |  |

| Directors' current accounts | 624 |  | 312 |  |

| Accrued expenses | 3,659 |  | 3,485 |  |

4,283 |  | 63,111 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026 | 2025 |

£ | £ |

| P R Sheen

| Balance outstanding at start of year | (312 | ) | - |  |

| Amounts repaid | (312 | ) | (312 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (624 | ) | (312 | ) |

| No interest has been charged on the above balance, and there are no set repayment terms.

9. | RELATED PARTY DISCLOSURES

| The company occupies premises owned by the estate of the late director. No rent is charged.