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REGISTERED NUMBER: 01482750 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

E.W.B. (GOLDSMITHS) LIMITED

E.W.B. (GOLDSMITHS) LIMITED (REGISTERED NUMBER: 01482750)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E.W.B. (GOLDSMITHS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: S P Wares
D Wares





REGISTERED OFFICE: 30 - 34 North Street
Hailsham
East Sussex
BN27 1DW





REGISTERED NUMBER: 01482750 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

E.W.B. (GOLDSMITHS) LIMITED (REGISTERED NUMBER: 01482750)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,520 1,806
Investment property 5 180,000 180,000
181,520 181,806

CURRENT ASSETS
Stocks 14,958 12,550
Debtors 6 25,050 24,157
Cash at bank and in hand 84,532 80,727
124,540 117,434
CREDITORS
Amounts falling due within one year 7 (101,943 ) (48,808 )
NET CURRENT ASSETS 22,597 68,626
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,117

250,432

CAPITAL AND RESERVES
Called up share capital 8 460 468
Revaluation reserve 9 127,128 127,128
Capital redemption reserve 540 532
Retained earnings 75,989 122,304
SHAREHOLDERS' FUNDS 204,117 250,432

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

E.W.B. (GOLDSMITHS) LIMITED (REGISTERED NUMBER: 01482750)

BALANCE SHEET - continued
30 JUNE 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 16 November 2023 and were signed on its behalf by:





S P Wares - Director


E.W.B. (GOLDSMITHS) LIMITED (REGISTERED NUMBER: 01482750)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

E.W.B. (Goldsmiths) 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
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.
Plant and machinery - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

E.W.B. (GOLDSMITHS) LIMITED (REGISTERED NUMBER: 01482750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Workshop Plant and
costs machinery Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 16,212 14,555 30,767
DEPRECIATION
At 1 July 2022 15,419 13,542 28,961
Charge for year 124 162 286
At 30 June 2023 15,543 13,704 29,247
NET BOOK VALUE
At 30 June 2023 669 851 1,520
At 30 June 2022 793 1,013 1,806

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 180,000
NET BOOK VALUE
At 30 June 2023 180,000
At 30 June 2022 180,000

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2016 30,000
Valuation in 2018 25,000
Cost 125,000
180,000

If the investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 125,000 125,000

The investment property was valued on an open market value basis on 30 June 2023 by it's directors. .

E.W.B. (GOLDSMITHS) LIMITED (REGISTERED NUMBER: 01482750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 23,058 22,591
Other debtors 1,992 1,566
25,050 24,157

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 11,044 14,059
Taxation and social security 12,368 24,117
Other creditors 78,531 10,632
101,943 48,808

8. CALLED UP SHARE CAPITAL

2023 2022
£ £
Allotted, called up and fully paid
60 Ordinary B shares of £1 each 60 68
200 Ordinary C shares of £1 each 200 200
200 Ordinary D shares of £1 each 200 200
460 468







9. RESERVES
Revaluation
reserve
£   
At 1 July 2022
and 30 June 2023 127,128