ESM Morris Minors Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

Registered number: 05128047

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		27,221		65,637
Investments	6		592,018		592,018

			619,239		657,655
CURRENT ASSETS
Stocks	7	993,584		1,183,251
Debtors	8	189,589		83,879
Cash at bank and in hand		285,522		303,416

		1,468,695		1,570,546
Creditors: Amounts Falling Due Within One Year	9	(275,770 )		(429,527 )

NET CURRENT ASSETS (LIABILITIES)			1,192,925		1,141,019

TOTAL ASSETS LESS CURRENT LIABILITIES			1,812,164		1,798,674

NET ASSETS			1,812,164		1,798,674

CAPITAL AND RESERVES
Called up share capital	10		501		501
Profit and Loss Account			1,811,663		1,798,173

SHAREHOLDERS' FUNDS			1,812,164		1,798,674

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ESM Morris Minors Limited

Balance Sheet (continued)

As At 30 June 2026

For the year ending 30 June 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 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 G P Clayton

Director

11 September 2026

The notes on pages 3 to 7 form part of these financial statements.

1. General Information

ESM Morris Minors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05128047 . The registered office is Yew Tree House, Lewes Road , Forest Row , East Sussex, RH18 5AA.

The company's principal activity continues to be that of retail trade of motor vehicle parts and accessories.

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. 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.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life.

2.4. 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	15% straight line
Motor Vehicles	15% reducing balance
Fixtures & Fittings	15% reducing balance
Equipment	20% reducing balance

2.5. Stocks and Work in Progress

Stocks 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.

2.6. 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.

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ESM Morris Minors Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

2.7. Taxation

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

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.

Current tax for the year is recognised in profit or loss, except when it related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

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ESM Morris Minors Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2025: 17)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 July 2025	375,000

As at 30 June 2026	375,000

Amortisation
As at 1 July 2025	375,000

As at 30 June 2026	375,000

Net Book Value
As at 30 June 2026	-

As at 1 July 2025	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Equipment	Total
	£	£	£	£	£
Cost
As at 1 July 2025	424,327	7,900	20,780	35,355	488,362
Additions	-	-	2,166	-	2,166

As at 30 June 2026	424,327	7,900	22,946	35,355	490,528

Depreciation
As at 1 July 2025	388,858	7,900	11,340	14,627	422,725
Provided during the period	33,848	-	1,552	5,182	40,582

As at 30 June 2026	422,706	7,900	12,892	19,809	463,307

Net Book Value
As at 30 June 2026	1,621	-	10,054	15,546	27,221

As at 1 July 2025	35,469	-	9,440	20,728	65,637

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ESM Morris Minors Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

6. Investments

	Other
	£
Cost or Valuation
As at 1 July 2025	592,018

As at 30 June 2026	592,018

Provision
As at 1 July 2025	-

As at 30 June 2026	-

Net Book Value
As at 30 June 2026	592,018

As at 1 July 2025	592,018

7. Stocks

	2026	2025
	£	£
Stock	993,584	1,183,251

8. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	19,335	16,729
Other debtors	104,197	-

	123,532	16,729
Due after more than one year
Amounts owed by group undertakings	66,057	67,150

	189,589	83,879

9. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	100,070	163,095
Other creditors	44,869	167,086
Taxation and social security	130,831	99,346

	275,770	429,527

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ESM Morris Minors Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	501	501

11. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £935 (2025: £Nil) were due to the fund. They are included in other creditors.

12. Directors Advances, Credits and Guarantees

Included in other creditors due within one year is a loan from the director, Mr G Clayton amounting to £376 (2025: £116,033).

13. Ultimate Controlling Party

The company was controlled throughout the current and previous period by its director, Mr G Clayton by virtue of the fact that they own the majority of the company's ordinary issued share capital.

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