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REGISTERED NUMBER: 10624631 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023

FOR

EBS COMPUTERS (BEDFORD) LTD

EBS COMPUTERS (BEDFORD) LTD (REGISTERED NUMBER: 10624631)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EBS COMPUTERS (BEDFORD) LTD

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023







DIRECTOR: T Harvey





REGISTERED OFFICE: Unit 1 Manor Park
Windsor Road
Bedford
United Kingdom
MK42 9HW





REGISTERED NUMBER: 10624631 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

EBS COMPUTERS (BEDFORD) LTD (REGISTERED NUMBER: 10624631)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,193 2,007

CURRENT ASSETS
Debtors 6 338 683
Cash at bank 173 1,186
511 1,869
CREDITORS
Amounts falling due within one year 7 4,581 7,366
NET CURRENT LIABILITIES (4,070 ) (5,497 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,877

)

(3,490

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (2,977 ) (3,590 )
SHAREHOLDERS' FUNDS (2,877 ) (3,490 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 2 November 2023 and were signed by:





T Harvey - Director


EBS COMPUTERS (BEDFORD) LTD (REGISTERED NUMBER: 10624631)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023

1. STATUTORY INFORMATION

Ebs Computers (Bedford) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The comparative period related to the year ended 28th February 2022.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the period 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.

Bounce back loan scheme
The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak. The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000. The government guarantees 100% of the loan and there are no fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% per annum.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

EBS COMPUTERS (BEDFORD) LTD (REGISTERED NUMBER: 10624631)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2022 TO 31 MARCH 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 March 2022
and 31 March 2023 2,105 1,151 3,256
Depreciation
At 1 March 2022 1,042 207 1,249
Charge for period 526 288 814
At 31 March 2023 1,568 495 2,063
Net book value
At 31 March 2023 537 656 1,193
At 28 February 2022 1,063 944 2,007

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 338 683

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,234 3,122
Directors' loan account 1,447 3,344
Accruals and deferred income 900 900
4,581 7,366

The bank loan is 100% guaranteed by the government in line with the COVID scheme rules. Interest was charged at 0% in year one and at 2.5% per annum thereafter.

8. CALLED UP SHARE CAPITAL

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

9. RELATED PARTY DISCLOSURES

Included within creditors is an amount of £1,447 (2022: £3,344) due from the company to T Harvey, director. No interest has been charged on this balance during the period (2022: £Nil) and there are no set repayment terms in place.