EVParts UK Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10457761

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		139,044		169,735

			139,044		169,735
CURRENT ASSETS
Stocks	5	120,642		193,348
Debtors	6	23,876		170,022
Cash at bank and in hand		47,034		65,728

		191,552		429,098
Creditors: Amounts Falling Due Within One Year	7	(86,812 )		(141,957 )

NET CURRENT ASSETS (LIABILITIES)			104,740		287,141

TOTAL ASSETS LESS CURRENT LIABILITIES			243,784		456,876

Creditors: Amounts Falling Due After More Than One Year	8		-		(5,292 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(17,115 )

NET ASSETS			243,784		434,469

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			243,684		434,369

SHAREHOLDERS' FUNDS			243,784		434,469

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EVParts UK Ltd

Balance Sheet (continued)

As At 30 November 2025

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 Profit and Loss Account.

On behalf of the board

Mr B Bunyard

Director

24 August 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

EVParts UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10457761 . The registered office is Unit 5 Lundy View, Mullacott Cross Industrial Estate, Ilfracombe, Devon, EX34 8PY.

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:

Plant & Machinery	20% reducing balance basis
Motor Vehicles	25% reducing balance basis
Fixtures & Fittings	20% reducing balance basis
Computer Equipment	33% straight line basis

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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EVParts UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 8)

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EVParts UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 December 2024	223,633	117,682	18,073	61,765	421,153
Additions	657	12,950	-	3,939	17,546
Disposals	-	(23,986 )	-	-	(23,986 )

As at 30 November 2025	224,290	106,646	18,073	65,704	414,713

Depreciation
As at 1 December 2024	125,859	62,099	6,320	57,140	251,418
Provided during the period	19,635	13,004	2,351	3,949	38,939
Disposals	-	(14,688 )	-	-	(14,688 )

As at 30 November 2025	145,494	60,415	8,671	61,089	275,669

Net Book Value
As at 30 November 2025	78,796	46,231	9,402	4,615	139,044

As at 1 December 2024	97,774	55,583	11,753	4,625	169,735

5. Stocks

	2025	2024
	£	£
Stock	97,098	159,835
Work in progress	23,544	33,513

	120,642	193,348

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	9,094	136,334
Other debtors	14,782	33,688

	23,876	170,022

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EVParts UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	39,511	67,045
Bank loans and overdrafts	5,293	10,375
Credit card account	300	1,223
Other creditors	26,170	29,224
Taxation and social security	15,538	34,090

	86,812	141,957

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	5,292

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Operating Leases

The total of future minimum lease payments is as follows:

	2025	2024
	£	£
Not later than one year	18,500	12,750
Later than one year and not later than five years	32,375	-
	50,875	12,750

The amount of non-cancellable operating lease payments recognised as an expense during the year was £16,998 (2024- £16,998).

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