Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-318No description of principal activity2022-01-25falsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13871593 2022-01-24 13871593 2022-01-25 2023-01-31 13871593 2020-07-26 2022-01-24 13871593 2023-01-31 13871593 c:Director2 2022-01-25 2023-01-31 13871593 d:CurrentFinancialInstruments 2023-01-31 13871593 d:ShareCapital 2023-01-31 13871593 d:OtherMiscellaneousReserve 2022-01-25 2023-01-31 13871593 d:OtherMiscellaneousReserve 2023-01-31 13871593 d:RetainedEarningsAccumulatedLosses 2023-01-31 13871593 c:OrdinaryShareClass1 2022-01-25 2023-01-31 13871593 c:OrdinaryShareClass1 2023-01-31 13871593 c:FRS102 2022-01-25 2023-01-31 13871593 c:AuditExempt-NoAccountantsReport 2022-01-25 2023-01-31 13871593 c:FullAccounts 2022-01-25 2023-01-31 13871593 c:PrivateLimitedCompanyLtd 2022-01-25 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13871593









EB HOUSEHOLD (UK) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2023

 
EB HOUSEHOLD (UK) LIMITED
REGISTERED NUMBER:13871593

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1

Cash at bank and in hand
 5 
97,041

  
97,042

Total assets less current liabilities
  
 
 
97,042

  

Net assets
  
97,042


Capital and reserves
  

Called up share capital 
 6 
1

Capital contribution
 7 
350,000

Profit and loss account
 7 
(252,959)

  
97,042


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 November 2023.




Suzette Del Giudice
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
EB HOUSEHOLD (UK) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

1.


General information

EB Household (UK) Limited is a private company, limited by shares, domiciled and incorporated in England and Wales (registered number: 13871593). The registered office address is 6th Floor Marble Arch House, 66 Seymour Street, London, England, W1H 5BT.
The company was incorporated on 25 January 2022.
The Company's functional and presentational currency is GBP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date.
The Company continues to rely entirely on EB Household LLC, its parent company, for financial support. In order to support the going concern assumption, the directors have obtained a parent company letter of financial support which confirms the parent company's intention to continue to support the Company and provide financial and operational support if required.
Whilst currently there is no indication that assistance from the parent company would be withdrawn, in practical terms the Company cannot obligate the parent company to continue to provide this support should the parent company so desire to remove it.
The directors have carefully reviewed the future prospects of the parent company and its future
cash flows. Having assessed this the directors have a reasonable expectation that the parent company and group has adequate resources to continue in operational existence for the foreseeable future being at least the next 12 months from the date of signing of these financial statements. The directors view that the Company is a going concern and that these financial statements are therefore correctly prepared on the going concern basis.

Page 2

 
EB HOUSEHOLD (UK) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Taxation

The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date.
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. Deferred tax assets and
liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition (other than in a business combination) of other assets and liabilities in a transaction that affects neither the taxable profit nor the accounting profit.
Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised. Deferred tax is charged or credited to profit or loss, except
when it relates to items charged or credited directly to other comprehensive income, in which case the deferred tax is also dealt with in other comprehensive income.
Deferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets against current tax liabilities, when they relate to income taxes levied by the same taxation authority and the company intends to settle on a net basis.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.


3.


Employees

The average monthly number of employees, including directors, during the period was 8.

Page 3

 
EB HOUSEHOLD (UK) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

4.


Debtors

2023
£


Other debtors
1

1



5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
97,041



6.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


During this period of incorporation, the entity issued 1 share at a par value of £1.


7.


Reserves

Capital contribution

This represents capital contributions funded by the parent company which is non refundable.


8.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £3,082. Contributions totalling £nil were payable to the fund at the balance sheet date and are included in other creditors.


9.


Controlling party

The immediate and ultimate parent undertaking is EB Household LLC, a company registered in the United States of America, registered at 80 State Street, Albany New York, 12207.

 
Page 4