Euro (Fluid) Power Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01235481 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Euro (Fluid) Power Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

93,800

100,545

CURRENT ASSETS

Stocks

89,582

80,687

Debtors

5

124,018

159,024

Cash at bank and in hand

273,427

262,785

487,027

502,496

CREDITORS

Amounts falling due within one year

6

197,640

198,264

NET CURRENT ASSETS

289,387

304,232

TOTAL ASSETS LESS CURRENT LIABILITIES

383,187

404,777

PROVISIONS FOR LIABILITIES

6,628

7,214

NET ASSETS

376,559

397,563

CAPITAL AND RESERVES

Called up share capital

93

Capital redemption reserve

157

Retained earnings

376,309

397,313

SHAREHOLDERS' FUNDS

376,559

397,563

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

Mr M A Moston - Director

1.	STATUTORY INFORMATION

Euro (Fluid) Power Limited 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:

01235481

Registered office:

St Mary's Works

Brierley Street

Smallthorne

Stoke-on-Trent

Staffordshire

ST6 1LB

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.

Revenue is recognised as the company becomes entitled to consideration for the goods supplied.

Tangible fixed assets

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

Freehold property

-

2% on cost

Land

-

NIL % per annum

Vehicle registrations

-

NIL % per annum

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

50% on cost

No depreciation is provided on land and vehicle registration plates as the directors feel that the value of these assets would not be impaired by the passage of time. As a consequence, any element of depreciation would, in the opinion of the directors, be immaterial.

Stocks

Stocks are valued at the lower of cost and net realisable value, 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 Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Vehicle

property

Land

registrations

£

COST

At 1 January 2025

72,110

20,000

1,307

Additions

-

Disposals

-

At 31 December 2025

72,110

20,000

1,307

DEPRECIATION

At 1 January 2025

51,610

-

Charge for year

1,442

-

Eliminated on disposal

-

At 31 December 2025

53,052

-

NET BOOK VALUE

At 31 December 2025

19,058

20,000

1,307

At 31 December 2024

20,500

20,000

1,307

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 January 2025

117,698

107,365

21,748

340,228

Additions

-

18,534

Disposals

-

(21,748

)

(21,748

)

At 31 December 2025

117,698

107,365

18,534

337,014

DEPRECIATION

At 1 January 2025

115,412

50,913

21,748

239,683

Charge for year

457

14,113

9,267

25,279

Eliminated on disposal

-

(21,748

)

(21,748

)

At 31 December 2025

115,869

65,026

9,267

243,214

NET BOOK VALUE

At 31 December 2025

1,829

42,339

9,267

93,800

At 31 December 2024

2,286

56,452

-

100,545

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

82,718

64,030

Other debtors

41,300

94,994

124,018

159,024

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

28,900

32,724

Taxation and social security

44,303

42,694

Other creditors

124,437

122,846

197,640

198,264

7.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31 December 2025 or as at 31 December 2024.

8.	FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £360 (2024 £360).

9.	RELATED PARTY DISCLOSURES

During the year transactions were made between Euro Hydraulics Limited, Euro (Fluid) Hydraulics Limited and Euro Hydraulic Services Limited, all of which Mr W Wood held at least a 20% interest in the voting share capital.

Balances outstanding on related party companies were as follows.

DR

CR

£

Euro Hydraulics Limited

1,817

Euro (Fluid) Hydraulics Limited

1,834

Euro Hydraulic Services Limited

6,288

Europack Hydraulics Limited

7,872

Management charges were received in the year as follows:

2024

2023

£

Euro Hydraulics Limited

18,000

Euro Hydraulic Services Limited

9,240

Europack Hydraulics Limited

16,500

18,000

KGB Belting Limited

6,600