Company Registration No. 08942245 (England and Wales)
EAGLE NEST BUILDERS LIMITED
Unaudited accounts
for the year ended 31 March 2023
EAGLE NEST BUILDERS LIMITED
Unaudited accounts
Contents
EAGLE NEST BUILDERS LIMITED
Statement of financial position
as at 31 March 2023
Called up share capital not paid
1
1
Tangible assets
54,114
40,946
Cash at bank and in hand
64,991
96,563
Creditors: amounts falling due within one year
44,924
29,383
Net current assets
131,809
162,190
Total assets less current liabilities
185,924
203,137
Creditors: amounts falling due after more than one year
(76,426)
(69,288)
Net assets
109,498
133,849
Called up share capital
1,000
1,000
Profit and loss account
108,498
132,849
Shareholders' funds
109,498
133,849
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 28 November 2023 and were signed on its behalf by
Mr Petrit Malaj
Director
Company Registration No. 08942245
EAGLE NEST BUILDERS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
EAGLE NEST BUILDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08942245. The registered office is 90 Central Drive, Hornchurch, Essex, RM12 6BA, United Kingdomn.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
-
57,496
57,496
At 31 March 2023
30,833
57,496
88,329
At 1 April 2022
-
16,550
16,550
Charge for the year
6,166
11,499
17,665
At 31 March 2023
6,166
28,049
34,215
At 31 March 2023
24,667
29,447
54,114
At 31 March 2022
-
40,946
40,946
EAGLE NEST BUILDERS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
21,894
36,244
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,054
21,212
Loans from directors
(50,000)
(50,000)
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
17,968
22,226
Taxes and social security
11,396
-
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).