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REGISTERED NUMBER: 03977597 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Eastwood Anglo Corporate Finance Limited

Eastwood Anglo Corporate Finance Limited (Registered number: 03977597)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Eastwood Anglo Corporate Finance Limited

Company Information
for the year ended 31 March 2023







DIRECTORS: W H Eastwood
T H Eastwood





SECRETARY: T H Eastwood





REGISTERED OFFICE: Burnell Arms
Winkburn
Newark
Nottingham
Nottinghamshire
NG22 8PQ





REGISTERED NUMBER: 03977597 (England and Wales)





ACCOUNTANTS: Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

Eastwood Anglo Corporate Finance Limited (Registered number: 03977597)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 82,717 94,195

CURRENT ASSETS
Debtors 5 46,645 26,845
Cash at bank 34,688 48,258
81,333 75,103
CREDITORS
Amounts falling due within one year 6 1,000 6,528
NET CURRENT ASSETS 80,333 68,575
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,050

162,770

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Share premium 20,000 20,000
Retained earnings 123,050 122,770
SHAREHOLDERS' FUNDS 163,050 162,770

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.

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 26 July 2023 and were signed on its behalf by:





W H Eastwood - Director


Eastwood Anglo Corporate Finance Limited (Registered number: 03977597)

Notes to the Financial Statements
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Eastwood Anglo Corporate Finance 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 as modified by the revaluation of certain assets.

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

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.

Investments
Fixed asset investments are measured at fair value with changes in fair value recognised through profit and loss, where their fair value can be measured reliably.

Work in progress
Income relating to amounts recoverable under contract is recognised when the future outcome of the contract and the inflow of economic benefit is virtually certain, using information available at both the reporting date and up to the date of signing the report.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Eastwood Anglo Corporate Finance Limited (Registered number: 03977597)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 94,195
Revaluations (11,478 )
At 31 March 2023 82,717
NET BOOK VALUE
At 31 March 2023 82,717
At 31 March 2022 94,195

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   
Valuation in 2016 17,200
Valuation in 2017 4,800
Valuation in 2018 19,886
Valuation in 2019 5,585
Valuation in 2020 (14,427 )
Valuation in 2021 29,893
Valuation in 2022 23,804
Valuation in 2023 (11,478 )
Cost 7,454
82,717

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 7,454 7,454

Fixed asset investments were valued on an open market basis on 31 March 2020 by the directors of the company .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 17,264 -
Amounts recoverable on contract 3,000 -
Other debtors 26,381 26,845
46,645 26,845

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings - 1,706
Taxation and social security - 3,823
Other creditors 1,000 999
1,000 6,528

Eastwood Anglo Corporate Finance Limited (Registered number: 03977597)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

7. SECURED DEBTS

A fixed and floating charge dated 27th June 2007 over the undertaking and all property and assets present and future, for all monies due or to become due from the company to HSBC.