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Registered number: 09864881
Essential Repairs London Limited
Financial Statements
For The Year Ended 30 November 2025
C. Charles & Co Limited
Chartered Certified Accountants
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09864881
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 120,557 138,993
120,557 138,993
CURRENT ASSETS
Debtors 5 240,171 213,789
Cash at bank and in hand 54,047 42,483
294,218 256,272
Creditors: Amounts Falling Due Within One Year 6 (877,505 ) (974,214 )
NET CURRENT ASSETS (LIABILITIES) (583,287 ) (717,942 )
TOTAL ASSETS LESS CURRENT LIABILITIES (462,730 ) (578,949 )
Creditors: Amounts Falling Due After More Than One Year 7 (31,541 ) (39,791 )
NET LIABILITIES (494,271 ) (618,740 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement (494,371 ) (618,840 )
SHAREHOLDERS' FUNDS (494,271) (618,740)
Page 1
Page 2
For the year ending 30 November 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 Income Statement.
On behalf of the board
Mr Fotios Kaimakamis
Director
31 July 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Essential Repairs London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09864881 . The registered office is 4 South Ealing Road, London, W5 4QA.
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. 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:
Motor Vehicles 15% reducing balance
Fixtures & Fittings 15% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2024: 29)
18 29
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2024 172,137 75,740 247,877
Additions - 10,899 10,899
Disposals (15,444 ) - (15,444 )
As at 30 November 2025 156,693 86,639 243,332
Depreciation
As at 1 December 2024 75,986 32,898 108,884
Provided during the period 13,213 8,061 21,274
Disposals (7,383 ) - (7,383 )
As at 30 November 2025 81,816 40,959 122,775
Net Book Value
As at 30 November 2025 74,877 45,680 120,557
As at 1 December 2024 96,151 42,842 138,993
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 211,868 171,703
Prepayments and accrued income 22,575 18,004
Other debtors 5,728 24,082
240,171 213,789
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 146,840 144,302
Other creditors 627,482 747,670
Taxation and social security 103,183 82,242
877,505 974,214
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 31,541 39,791
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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