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REGISTERED NUMBER: 07883641 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2023

for

EATON BRAY STORES LIMITED

EATON BRAY STORES LIMITED (REGISTERED NUMBER: 07883641)






Contents of the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

EATON BRAY STORES LIMITED

Company Information
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: J S Sidhu
Mrs K K Sidhu





REGISTERED OFFICE: 96 High Street
Eaton Bray
Bedfordshire
LU6 2DP





REGISTERED NUMBER: 07883641 (England and Wales)





ACCOUNTANTS: K G Solanki & Co.
Hamilton House
315 St Saviours Road
Leicester
Leicestershire
LE5 4HG

EATON BRAY STORES LIMITED (REGISTERED NUMBER: 07883641)

Balance Sheet
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 68,400 76,000
Tangible assets 5 265,384 26,324
333,784 102,324

CURRENT ASSETS
Stocks 49,556 50,515
Debtors 6 1,029 29,236
Cash at bank and in hand 420,421 603,119
471,006 682,870
CREDITORS
Amounts falling due within one year 7 385,738 383,532
NET CURRENT ASSETS 85,268 299,338
TOTAL ASSETS LESS CURRENT
LIABILITIES

419,052

401,662

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 418,952 401,562
SHAREHOLDERS' FUNDS 419,052 401,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

EATON BRAY STORES LIMITED (REGISTERED NUMBER: 07883641)

Balance Sheet - continued
28 FEBRUARY 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 19 October 2023 and were signed on its behalf by:





J S Sidhu - Director


EATON BRAY STORES LIMITED (REGISTERED NUMBER: 07883641)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


EATON BRAY STORES LIMITED (REGISTERED NUMBER: 07883641)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 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 7 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 152,000
AMORTISATION
At 1 March 2022 76,000
Charge for year 7,600
At 28 February 2023 83,600
NET BOOK VALUE
At 28 February 2023 68,400
At 28 February 2022 76,000

EATON BRAY STORES LIMITED (REGISTERED NUMBER: 07883641)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 March 2022 - 83,603 83,603
Additions 243,009 - 243,009
At 28 February 2023 243,009 83,603 326,612
DEPRECIATION
At 1 March 2022 - 57,279 57,279
Charge for year - 3,949 3,949
At 28 February 2023 - 61,228 61,228
NET BOOK VALUE
At 28 February 2023 243,009 22,375 265,384
At 28 February 2022 - 26,324 26,324

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Trade debtors 266 28,138
Other debtors 763 1,098
1,029 29,236

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Trade creditors 26,176 73,167
Taxation and social security 22,353 48,412
Other creditors 337,209 261,953
385,738 383,532

EATON BRAY STORES LIMITED (REGISTERED NUMBER: 07883641)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

8. SECURED DEBTS

Bank loan is secured by a debenture dated 28th February 2012 as a fixed and floating charge on the company's assets

9. CONTROLLING INTEREST

The company is under the control of directors and shareholders Mr J S Sidhu and Mrs K K Sidhu.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Eaton Bray Stores Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eaton Bray Stores Limited for the year ended 28 February 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Eaton Bray Stores Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Eaton Bray Stores Limited and state those matters that we have agreed to state to the Board of Directors of Eaton Bray Stores Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eaton Bray Stores Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Eaton Bray Stores Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Eaton Bray Stores Limited. You consider that Eaton Bray Stores Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eaton Bray Stores Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






K G Solanki & Co.
Hamilton House
315 St Saviours Road
Leicester
Leicestershire
LE5 4HG


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Eaton Bray Stores Limited


19 October 2023