Company No: 03262434 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	J R Bourn
	D V Power

SECRETARY

M L Carroll

REGISTERED OFFICE	22 Wycombe End
	Beaconsfield
	Buckinghamshire
	HP9 1NB
	United Kingdom

COMPANY NUMBER

03262434 (England and Wales)

ACCOUNTANT	S&W Partners (Thames Valley) Limited
	22 Wycombe End
	Beaconsfield
	Buckinghamshire
	HP9 1NB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	5,358,411		1,864,850
		5,358,411		1,864,850
Current assets
Stocks	4	1,668,299		1,563,891
Debtors	5	1,336,093		1,296,051
Cash at bank and in hand		403,799		943,818
		3,408,191		3,803,760
Creditors: amounts falling due within one year	6	( 890,822)		( 1,137,353)
Net current assets		2,517,369		2,666,407
Total assets less current liabilities		7,875,780		4,531,257
Creditors: amounts falling due after more than one year	7	( 2,886,412)		0
Provision for liabilities		( 246,063)		( 155,656)
Net assets		4,743,305		4,375,601
Capital and reserves
Called-up share capital	8	105		105
Share premium account		13,820		13,820
Capital redemption reserve		3,000		3,000
Profit and loss account		4,726,380		4,358,676
Total shareholders' funds		4,743,305		4,375,601

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of E P T G Ltd (registered number: 03262434) were approved and authorised for issue by the Board of Directors on 12 October 2026. They were signed on its behalf by:

D V Power Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

E P T G Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Wycombe End, Beaconsfield, Buckinghamshire, HP9 1NB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of E P T G Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for the sale of goods in the normal course of business, and is shown net of discounts and VAT.

Revenue arises from the sale of polyurethane bushes and is recognised when the customer accepts delivery of the goods.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Plant and machinery etc.	3 - 10 years straight line
	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors 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.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Research and development expenditure

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

Retirement benefits

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

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	27		29

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 January 2025	1,478,310		2,742,587		4,220,897
Additions	3,482,802		233,186		3,715,988
At 31 December 2025	4,961,112		2,975,773		7,936,885
Accumulated depreciation
At 01 January 2025	208,628		2,147,419		2,356,047
Charge for the financial year	36,317		186,110		222,427
At 31 December 2025	244,945		2,333,529		2,578,474
Net book value
At 31 December 2025	4,716,167		642,244		5,358,411
At 31 December 2024	1,269,682		595,168		1,864,850

4. Stocks

	2025		2024
	£		£
Stocks	1,668,299		1,563,891

5. Debtors

	2025		2024
	£		£
Trade debtors	720,259		719,709
Corporation tax	50,329		0
Other debtors	565,505		576,342
	1,336,093		1,296,051

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans (secured)	54,541		0
Trade creditors	718,879		999,741
Taxation and social security	24,294		51,331
Other creditors	93,108		86,281
	890,822		1,137,353

Bank loans totalling £54,541 (2024 £nil) are secured by way of a mortgage over the company's freehold and leasehold properties and by a debenture creating fixed and floating charges over all other assets.

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	2,886,412		0

Bank loans totalling £2,886,412 (2024 £nil) are secured by way of a mortgage over the company's freehold and leasehold properties and by a debenture creating fixed and floating charges over all other assets.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Bank loans (secured / repayable by instalments)	2,534,709		0

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
8,500 Ordinary A shares shares of £ 0.01 each	85		85
1,500 Ordinary B shares shares of £ 0.01 each	15		15
500 Ordinary D shares shares of £ 0.01 each	5		5
	105		105

9. Related party transactions

A company under common control owes the company £303,895 (2024: £327,695).