For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

E A Recovery & Contracting Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Richs Sidings, Lower Broadway, Didcot, Oxfordshire, OX11 8AG.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

E A Recovery & Contracting Services Limited is a wholly owned subsidiary of The Figaro Shop Holdings Limited and the results of E A Recovery & Contracting Services Limited are included in the consolidated financial statements of The Figaro Shop Holdings Limited which are available from Rich Sidings, Lower Broadway, Didcot, Oxfordshire, United Kingdom, OX11 8AG.

During the year, the company transferred its trade, together with substantially all of its operating assets and liabilities, to a fellow group subsidiary as part of an internal group reorganisation. The company retained ownership of its freehold property, which is occupied by another group company and is expected to generate rental income for the company on an ongoing basis.true

The directors have reviewed the company's financial position and future cash flow requirements and are satisfied that the company will have adequate resources to continue in operational existence for the foreseeable future. In reaching this conclusion, the directors have considered the value of the retained freehold property, the anticipated rental income and the continued support available from the wider group.

Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business and is shown net of VAT.

Revenue from vehicle repair and servicing is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors, amounts due from fellow group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors and amounts due to fellow group undertakings, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The 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 net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

The average monthly number of persons (including directors) employed by the company during the year was:

At the year end, included within bank loans in the parent company, The Figaro Shop Holdings Limited, is £499,587 (2025 - £513,932) in relation to a commercial mortgage which is secured on the property owned by E A Recovery & Contracting Services Limited.

The following assets are carried at valuation. If the assets were measured using the cost model, the carrying amounts would be as follows:

As at the year end, included within amounts owed by group undertakings falling due within one year was £nil (2025 - £141,840) due from The Figaro Shop Holdings Limited and £100 (2025 - £nil) due from Best Autocentres Ltd. No interest is being charged on these amounts and they are repayable on demand.

As at the year end, included within amounts owed to group undertakings falling due within one year was £nil (2025 - £909) due to a fellow group company, The Figaro Shop Limited. No interest is being charged on this amount and it is repayable on demand.

As at the year end, included within amounts owed to group undertakings falling due within one year was £nil (2025 - £36,841) due to a fellow group company, Best Autocentres Ltd. No interest is being charged on this amount and it is repayable on demand.

The revaluation reserve is non-distributable.

A debenture, dated 22 December 2023 containing a fixed and floating charge over all assets of The Figaro Shop Holdings Limited and its subsidiaries, The Figaro Shop Limited, Best Autocentres Ltd, Station Tyres & Service Centre Limited and E A Recovery & Contracting Services Limited, is held by HSBC Bank Plc as security for the Group’s banking facilities. At the year end, the total amount due to HSBC by the Group was £2,194,676 (2025 - £1,359,599), which includes the amounts due on the Recovery Loan Scheme.

During the year the company entered into the following transactions with related parties:

On the final day of the reporting period, the company transferred its trade and substantially all of its operating assets and liabilities to Best Autocentres Ltd, a fellow subsidiary undertaking, as part of an internal group reorganisation.

The net assets transferred had a carrying value of £87,294 and were transferred at their carrying value. The company's freehold property was excluded from the transfer and continues to be held by the company.

At the period end, £100 was due from Best Autocentres Ltd. Last year, £36,841 was due to Best Autocentres Ltd.