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Company Registration No. 10545714 (England and Wales)
ESSENTIAL CAR PARTS LTD Unaudited accounts for the year ended 31 March 2026
ESSENTIAL CAR PARTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ESSENTIAL CAR PARTS LTD Company Information for the year ended 31 March 2026
Director
Nitin Verma
Company Number
10545714 (England and Wales)
Registered Office
15a Market Street Oakengates Telford Shropshire TF2 6EL England
Accountants
Uppal & Co Accoutants (UK) Ltd 2 Copse Close Slough SL1 5DT
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ESSENTIAL CAR PARTS LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
2,940
4,410
Current assets
Inventories
7,180
7,000
Cash at bank and in hand
16,392
588
23,572
7,588
Creditors: amounts falling due within one year
(16,045)
(4,271)
Net current assets
7,527
3,317
Net assets
10,467
7,727
Capital and reserves
Called up share capital
15,000
15,000
Share premium
(15,993)
(15,993)
Profit and loss account
11,460
8,720
Shareholders' funds
10,467
7,727
For the year ending 31 March 2026 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 August 2026 and were signed on its behalf by
Nitin Verma Director Company Registration No. 10545714
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ESSENTIAL CAR PARTS LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
ESSENTIAL CAR PARTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10545714. The registered office is 15a Market Street, Oakengates, Telford, Shropshire, TF2 6EL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2025
7,350
At 31 March 2026
7,350
Depreciation
At 1 April 2025
2,940
Charge for the year
1,470
At 31 March 2026
4,410
Net book value
At 31 March 2026
2,940
At 31 March 2025
4,410
5
Average number of employees
During the year the average number of employees was 1 (2025: 0).
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