Company Registration No. SC420459 (Scotland)
EIBYY Limited
Unaudited accounts
for the year ended 28 February 2023
EIBYY Limited
Unaudited accounts
Contents
EIBYY Limited
Company Information
for the year ended 28 February 2023
Directors
Sharon Mary Rice
Neil Richard Rice
Company Number
SC420459 (Scotland)
Registered Office
The Old School House
Ringford
Castle Douglas
DG7 2AL
Accountants
Oak Team Associates Limited
272 Bath Street
Glasgow
G2 4JR
EIBYY Limited
Statement of financial position
as at 28 February 2023
Tangible assets
41,784
18,074
Cash at bank and in hand
8,528
22,213
Creditors: amounts falling due within one year
(44,642)
(13,661)
Net current (liabilities)/assets
(15,693)
71,988
Total assets less current liabilities
26,091
90,062
Creditors: amounts falling due after more than one year
(13,500)
(20,500)
Called up share capital
1
1
Profit and loss account
12,590
69,561
Shareholders' funds
12,591
69,562
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Sharon Mary Rice
Director
Company Registration No. SC420459
EIBYY Limited
Notes to the Accounts
for the year ended 28 February 2023
EIBYY Limited is a private company, limited by shares, registered in Scotland, registration number SC420459. The registered office is The Old School House, Ringford, Castle Douglas, DG7 2AL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on a reducing balance basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
-
26,440
26,440
Additions
25,638
4,200
29,838
At 28 February 2023
25,638
30,640
56,278
At 1 March 2022
-
8,366
8,366
Charge for the year
-
6,128
6,128
At 28 February 2023
-
14,494
14,494
At 28 February 2023
25,638
16,146
41,784
At 28 February 2022
-
18,074
18,074
Amounts falling due within one year
Other debtors
14,921
40,838
EIBYY Limited
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
5,000
Taxes and social security
6,502
4,011
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).