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REGISTERED NUMBER: 03143816 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

E.A.S. INTERIORS LIMITED

E.A.S. INTERIORS LIMITED (REGISTERED NUMBER: 03143816)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E.A.S. INTERIORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: G E A P Gosbee
Mrs S F Rennison





REGISTERED OFFICE: 5 White Oak Square
London Road
Swanley
Kent
BR8 7AG





REGISTERED NUMBER: 03143816 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

E.A.S. INTERIORS LIMITED (REGISTERED NUMBER: 03143816)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 50,435 81,437

CURRENT ASSETS
Stocks 59,000 -
Debtors 5 110,948 138,338
Cash at bank and in hand 145,467 102,328
315,415 240,666
CREDITORS
Amounts falling due within one year 6 330,744 267,459
NET CURRENT LIABILITIES (15,329 ) (26,793 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,106

54,644

CREDITORS
Amounts falling due after more than one
year

7

(22,519

)

(32,500

)

PROVISIONS FOR LIABILITIES 8 (10,828 ) (14,033 )
NET ASSETS 1,759 8,111

CAPITAL AND RESERVES
Called up share capital 9 1 1
Capital redemption reserve 10 1 1
Retained earnings 10 1,757 8,109
SHAREHOLDERS' FUNDS 1,759 8,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

E.A.S. INTERIORS LIMITED (REGISTERED NUMBER: 03143816)

BALANCE SHEET - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by:




G E A P Gosbee - Director



Mrs S F Rennison - Director


E.A.S. INTERIORS LIMITED (REGISTERED NUMBER: 03143816)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

E.A.S. Interiors Limited 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% per annum on cost
Plant and machinery - 15% per annum on reducing balance
Fixtures and fittings - 15% per annum on reducing balance
Motor vehicles - 25% per annum on reducing balance
Computer equipment - 33% per annum on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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


E.A.S. INTERIORS LIMITED (REGISTERED NUMBER: 03143816)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
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.

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 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 26,664 21,320 14,679
Additions - - -
Disposals - - -
At 31 March 2023 26,664 21,320 14,679
DEPRECIATION
At 1 April 2022 222 19,279 13,912
Charge for year 2,666 306 115
Eliminated on disposal - - -
At 31 March 2023 2,888 19,585 14,027
NET BOOK VALUE
At 31 March 2023 23,776 1,735 652
At 31 March 2022 26,442 2,041 767

E.A.S. INTERIORS LIMITED (REGISTERED NUMBER: 03143816)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 87,590 36,367 186,620
Additions - 1,615 1,615
Disposals (45,663 ) - (45,663 )
At 31 March 2023 41,927 37,982 142,572
DEPRECIATION
At 1 April 2022 44,291 27,479 105,183
Charge for year 6,443 2,934 12,464
Eliminated on disposal (25,510 ) - (25,510 )
At 31 March 2023 25,224 30,413 92,137
NET BOOK VALUE
At 31 March 2023 16,703 7,569 50,435
At 31 March 2022 43,299 8,888 81,437


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 79,905 102,137
Other debtors 31,043 36,201
110,948 138,338

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 194,623 142,525
Taxation and social security 51,876 31,128
Other creditors 74,245 83,806
330,744 267,459

E.A.S. INTERIORS LIMITED (REGISTERED NUMBER: 03143816)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 22,519 32,500

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 10,828 14,033

Deferred
tax
£   
Balance at 1 April 2022 14,033
Provided during year (3,205 )
Accelerated capital allowances
Balance at 31 March 2023 10,828

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £0.01 1p 1 1

10. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2022 8,109 1 8,110
Profit for the year 85,173 85,173
Dividends (91,525 ) (91,525 )
At 31 March 2023 1,757 1 1,758

E.A.S. INTERIORS LIMITED (REGISTERED NUMBER: 03143816)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed G Gosbee & Mrs R Gosbee £25,090 (2022 £33,778) and Mrs S F Rennison £36,225 (2022:Owed the company £30,095).

The directors received the following dividends during the year;

G Gosbee & Mrs R Gosbee £54,000
Mrs S Rennison £35,695

12. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed shareholder Mrs K Collins £316 (2022:£11).

Mrs K Collins received dividends totalling £1,831 during the year.

13. ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Parties are Mr G Gosbee, Mrs R Gosbee and Mrs S Rennison by virtue of their shareholdings.