IRIS Accounts Production v22.1.4.3 02936613 Board of Directors 1.12.20 30.11.21 30.11.21 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure029366132020-11-30029366132021-11-30029366132020-12-012021-11-30029366132019-11-30029366132019-12-012020-11-30029366132020-11-3002936613ns16:EnglandWales2020-12-012021-11-3002936613ns15:PoundSterling2020-12-012021-11-3002936613ns11:Director12020-12-012021-11-3002936613ns11:PrivateLimitedCompanyLtd2020-12-012021-11-3002936613ns11:SmallEntities2020-12-012021-11-3002936613ns11:AuditExempt-NoAccountantsReport2020-12-012021-11-3002936613ns11:SmallCompaniesRegimeForDirectorsReport2020-12-012021-11-3002936613ns11:SmallCompaniesRegimeForAccounts2020-12-012021-11-3002936613ns11:FullAccounts2020-12-012021-11-300293661312020-12-012021-11-3002936613ns11:Director22020-12-012021-11-3002936613ns11:Director32020-12-012021-11-3002936613ns11:Director42020-12-012021-11-3002936613ns11:Director52020-12-012021-11-3002936613ns11:RegisteredOffice2020-12-012021-11-3002936613ns6:CurrentFinancialInstruments2021-11-3002936613ns6:CurrentFinancialInstruments2020-11-3002936613ns6:Non-currentFinancialInstruments2021-11-3002936613ns6:Non-currentFinancialInstruments2020-11-3002936613ns6:ShareCapital2021-11-3002936613ns6:ShareCapital2020-11-3002936613ns6:RetainedEarningsAccumulatedLosses2021-11-3002936613ns6:RetainedEarningsAccumulatedLosses2020-11-3002936613ns6:NetGoodwill2020-12-012021-11-3002936613ns6:IntangibleAssetsOtherThanGoodwill2020-12-012021-11-3002936613ns6:FurnitureFittings2020-12-012021-11-3002936613ns6:ComputerEquipment2020-12-012021-11-3002936613ns6:NetGoodwill2020-11-3002936613ns6:NetGoodwill2021-11-3002936613ns6:NetGoodwill2020-11-3002936613ns6:PlantMachinery2020-11-3002936613ns6:PlantMachinery2020-12-012021-11-3002936613ns6:PlantMachinery2021-11-3002936613ns6:PlantMachinery2020-11-3002936613ns6:CostValuation2020-11-3002936613ns6:WithinOneYearns6:CurrentFinancialInstruments2021-11-3002936613ns6:WithinOneYearns6:CurrentFinancialInstruments2020-11-3002936613ns11:Director112020-11-3002936613ns11:Director112019-11-3002936613ns11:Director112020-12-012021-11-3002936613ns11:Director112019-12-012020-11-3002936613ns11:Director112021-11-3002936613ns11:Director112020-11-30
REGISTERED NUMBER: 02936613 (England and Wales)















EBS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2021






EBS LTD (REGISTERED NUMBER: 02936613)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EBS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2021







DIRECTORS: M C Williams
Mrs K K Badh
Mrs S L Chambers
Mrs K Staniak
J T Williams





REGISTERED OFFICE: Innovation Centre
Warwick Technology Park
Warwick
Warwickshire
CV34 6UW





REGISTERED NUMBER: 02936613 (England and Wales)





ACCOUNTANTS: Murphy Salisbury Limited
Chartered Accountants
15 Warwick Road
Stratford upon Avon
Warwickshire
CV37 6YW

EBS LTD (REGISTERED NUMBER: 02936613)

BALANCE SHEET
30 NOVEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 25,000 27,500
Tangible assets 5 21,679 23,778
Investments 6 70,000 70,000
116,679 121,278

CURRENT ASSETS
Debtors 7 204,607 154,639
Cash at bank and in hand 46,077 105,862
250,684 260,501
CREDITORS
Amounts falling due within one year 8 88,759 95,922
NET CURRENT ASSETS 161,925 164,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,604

285,857

CREDITORS
Amounts falling due after more than one
year

9

116,474

126,908
NET ASSETS 162,130 158,949

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 161,130 157,949
SHAREHOLDERS' FUNDS 162,130 158,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

EBS LTD (REGISTERED NUMBER: 02936613)

BALANCE SHEET - continued
30 NOVEMBER 2021


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:





M C Williams - Director


EBS LTD (REGISTERED NUMBER: 02936613)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

1. STATUTORY INFORMATION

EBS Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% straight line basis
Computer equipment - 33% straight line basis

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

EBS LTD (REGISTERED NUMBER: 02936613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

2. ACCOUNTING POLICIES - continued

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 12 (2020 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2020
and 30 November 2021 50,000
AMORTISATION
At 1 December 2020 22,500
Charge for year 2,500
At 30 November 2021 25,000
NET BOOK VALUE
At 30 November 2021 25,000
At 30 November 2020 27,500

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2020 83,020
Additions 2,871
At 30 November 2021 85,891
DEPRECIATION
At 1 December 2020 59,242
Charge for year 4,970
At 30 November 2021 64,212
NET BOOK VALUE
At 30 November 2021 21,679
At 30 November 2020 23,778

EBS LTD (REGISTERED NUMBER: 02936613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2020
and 30 November 2021 70,000
NET BOOK VALUE
At 30 November 2021 70,000
At 30 November 2020 70,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 71,514 69,869
Other debtors 133,093 84,770
204,607 154,639

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 20,274 -
Hire purchase contracts 4,159 7,130
Trade creditors 11,437 11,898
Taxation and social security 50,540 50,914
Other creditors 2,349 25,980
88,759 95,922

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans 116,474 -
Hire purchase contracts - 7,107
Other creditors - 119,801
116,474 126,908

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 22,267 -

EBS LTD (REGISTERED NUMBER: 02936613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following loans to a director subsisted during the years ended 30 November 2021 and 30 November 2020:

2021 2020
£    £   
M C Williams
Balance outstanding at start of year 61,484 65,294
Amounts advanced 108,957 62,190
Amounts repaid (62,000 ) (66,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 108,441 61,484

11. ULTIMATE CONTROLLING PARTY

The controlling party is M C Williams.