2021-11-302022-11-292022-11-29false09954441EGM HOLDINGS LIMITED2023-11-2841100iso4217:GBPxbrli:pure099544412021-11-30099544412022-11-29099544412021-11-302022-11-29099544412020-12-01099544412021-11-29099544412020-12-012021-11-2909954441bus:SmallEntities2021-11-302022-11-2909954441bus:AuditExempt-NoAccountantsReport2021-11-302022-11-2909954441bus:FullAccounts2021-11-302022-11-2909954441bus:PrivateLimitedCompanyLtd2021-11-302022-11-2909954441core:WithinOneYear2022-11-2909954441core:AfterOneYear2022-11-2909954441core:WithinOneYear2021-11-2909954441core:AfterOneYear2021-11-2909954441core:ShareCapital2022-11-2909954441core:SharePremium2022-11-2909954441core:RevaluationReserve2022-11-2909954441core:OtherReservesSubtotal2022-11-2909954441core:RetainedEarningsAccumulatedLosses2022-11-2909954441core:ShareCapital2021-11-2909954441core:SharePremium2021-11-2909954441core:RevaluationReserve2021-11-2909954441core:OtherReservesSubtotal2021-11-2909954441core:RetainedEarningsAccumulatedLosses2021-11-2909954441core:LandBuildings2022-11-2909954441core:PlantMachinery2022-11-2909954441core:Vehicles2022-11-2909954441core:FurnitureFittings2022-11-2909954441core:OfficeEquipment2022-11-2909954441core:NetGoodwill2022-11-2909954441core:IntangibleAssetsOtherThanGoodwill2022-11-2909954441core:ListedExchangeTraded2022-11-2909954441core:UnlistedNon-exchangeTraded2022-11-2909954441core:LandBuildings2021-11-2909954441core:PlantMachinery2021-11-2909954441core:Vehicles2021-11-2909954441core:FurnitureFittings2021-11-2909954441core:OfficeEquipment2021-11-2909954441core:NetGoodwill2021-11-2909954441core:IntangibleAssetsOtherThanGoodwill2021-11-2909954441core:ListedExchangeTraded2021-11-2909954441core:UnlistedNon-exchangeTraded2021-11-2909954441core:LandBuildings2021-11-302022-11-2909954441core:PlantMachinery2021-11-302022-11-2909954441core:Vehicles2021-11-302022-11-2909954441core:FurnitureFittings2021-11-302022-11-2909954441core:OfficeEquipment2021-11-302022-11-2909954441core:NetGoodwill2021-11-302022-11-2909954441core:IntangibleAssetsOtherThanGoodwill2021-11-302022-11-2909954441core:ListedExchangeTraded2021-11-302022-11-2909954441core:UnlistedNon-exchangeTraded2021-11-302022-11-2909954441core:MoreThanFiveYears2021-11-302022-11-2909954441core:Non-currentFinancialInstruments2022-11-2909954441core:Non-currentFinancialInstruments2021-11-2909954441dpl:CostSales2021-11-302022-11-2909954441dpl:DistributionCosts2021-11-302022-11-2909954441core:LandBuildings2021-11-302022-11-2909954441core:PlantMachinery2021-11-302022-11-2909954441core:Vehicles2021-11-302022-11-2909954441core:FurnitureFittings2021-11-302022-11-2909954441core:OfficeEquipment2021-11-302022-11-2909954441dpl:AdministrativeExpenses2021-11-302022-11-2909954441core:NetGoodwill2021-11-302022-11-2909954441core:IntangibleAssetsOtherThanGoodwill2021-11-302022-11-2909954441dpl:GroupUndertakings2021-11-302022-11-2909954441dpl:ParticipatingInterests2021-11-302022-11-2909954441dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-302022-11-2909954441core:ListedExchangeTraded2021-11-302022-11-2909954441dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-302022-11-2909954441core:UnlistedNon-exchangeTraded2021-11-302022-11-2909954441dpl:CostSales2020-12-012021-11-2909954441dpl:DistributionCosts2020-12-012021-11-2909954441core:LandBuildings2020-12-012021-11-2909954441core:PlantMachinery2020-12-012021-11-2909954441core:Vehicles2020-12-012021-11-2909954441core:FurnitureFittings2020-12-012021-11-2909954441core:OfficeEquipment2020-12-012021-11-2909954441dpl:AdministrativeExpenses2020-12-012021-11-2909954441core:NetGoodwill2020-12-012021-11-2909954441core:IntangibleAssetsOtherThanGoodwill2020-12-012021-11-2909954441dpl:GroupUndertakings2020-12-012021-11-2909954441dpl:ParticipatingInterests2020-12-012021-11-2909954441dpl:GroupUndertakingscore:ListedExchangeTraded2020-12-012021-11-2909954441core:ListedExchangeTraded2020-12-012021-11-2909954441dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-12-012021-11-2909954441core:UnlistedNon-exchangeTraded2020-12-012021-11-2909954441core:NetGoodwill2022-11-2909954441core:IntangibleAssetsOtherThanGoodwill2022-11-2909954441core:LandBuildings2022-11-2909954441core:PlantMachinery2022-11-2909954441core:Vehicles2022-11-2909954441core:FurnitureFittings2022-11-2909954441core:OfficeEquipment2022-11-2909954441core:AfterOneYear2022-11-2909954441core:WithinOneYear2022-11-2909954441core:ListedExchangeTraded2022-11-2909954441core:UnlistedNon-exchangeTraded2022-11-2909954441core:ShareCapital2022-11-2909954441core:SharePremium2022-11-2909954441core:RevaluationReserve2022-11-2909954441core:OtherReservesSubtotal2022-11-2909954441core:RetainedEarningsAccumulatedLosses2022-11-2909954441core:NetGoodwill2021-11-2909954441core:IntangibleAssetsOtherThanGoodwill2021-11-2909954441core:LandBuildings2021-11-2909954441core:PlantMachinery2021-11-2909954441core:Vehicles2021-11-2909954441core:FurnitureFittings2021-11-2909954441core:OfficeEquipment2021-11-2909954441core:AfterOneYear2021-11-2909954441core:WithinOneYear2021-11-2909954441core:ListedExchangeTraded2021-11-2909954441core:UnlistedNon-exchangeTraded2021-11-2909954441core:ShareCapital2021-11-2909954441core:SharePremium2021-11-2909954441core:RevaluationReserve2021-11-2909954441core:OtherReservesSubtotal2021-11-2909954441core:RetainedEarningsAccumulatedLosses2021-11-2909954441core:NetGoodwill2020-12-0109954441core:IntangibleAssetsOtherThanGoodwill2020-12-0109954441core:LandBuildings2020-12-0109954441core:PlantMachinery2020-12-0109954441core:Vehicles2020-12-0109954441core:FurnitureFittings2020-12-0109954441core:OfficeEquipment2020-12-0109954441core:AfterOneYear2020-12-0109954441core:WithinOneYear2020-12-0109954441core:ListedExchangeTraded2020-12-0109954441core:UnlistedNon-exchangeTraded2020-12-0109954441core:ShareCapital2020-12-0109954441core:SharePremium2020-12-0109954441core:RevaluationReserve2020-12-0109954441core:OtherReservesSubtotal2020-12-0109954441core:RetainedEarningsAccumulatedLosses2020-12-0109954441core:AfterOneYear2021-11-302022-11-2909954441core:WithinOneYear2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:CostValuation2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-11-302022-11-2909954441core:Non-currentFinancialInstrumentscore:CostValuation2022-11-2909954441core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-11-2909954441core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-11-2909954441core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-11-2909954441core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-11-2909954441core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-11-2909954441core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-11-2909954441core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-11-2909954441core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-11-2909954441core:Non-currentFinancialInstrumentscore:CostValuation2021-11-2909954441core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-11-2909954441core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-11-2909954441core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-11-2909954441core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-11-2909954441core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-11-2909954441core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-11-2909954441core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-11-2909954441core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-11-2909954441bus:Director12021-11-302022-11-29

EGM HOLDINGS LIMITED

Registered Number
09954441
(England and Wales)

Unaudited Financial Statements for the Year ended
29 November 2022

EGM HOLDINGS LIMITED
Company Information
for the year from 30 November 2021 to 29 November 2022

Director

AL-SAFI, Rizq Daud

Registered Address

C/O Redstone Accountancy 253 Monton Road
Eccles
Manchester
M30 9PS

Registered Number

09954441 (England and Wales)
EGM HOLDINGS LIMITED
Balance Sheet as at
29 November 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets5970,812671,371
970,812671,371
Current assets
Debtors6170,378211,752
Cash at bank and on hand4621,006
170,424232,758
Creditors amounts falling due within one year7(197,067)(194,590)
Net current assets (liabilities)(26,643)38,168
Total assets less current liabilities944,169709,539
Creditors amounts falling due after one year8(347,495)(346,786)
Provisions for liabilities9(147,339)(90,371)
Net assets449,335272,382
Capital and reserves
Called up share capital1,0001,000
Revaluation reserve558,900558,900
Profit and loss account(110,565)(287,518)
Shareholders' funds449,335272,382
The financial statements were approved and authorised for issue by the Director on 28 November 2023, and are signed on its behalf by:
AL-SAFI, Rizq Daud
Director
Registered Company No. 09954441
EGM HOLDINGS LIMITED
Notes to the Financial Statements
for the year ended 29 November 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20222021
Average number of employees during the year00
5.Property, plant and equipment

Plant & machinery

Total

££
Cost or valuation
At 30 November 21672,113672,113
Revaluations299,829299,829
At 29 November 22971,942971,942
Depreciation and impairment
At 30 November 21742742
Charge for year388388
At 29 November 221,1301,130
Net book value
At 29 November 22970,812970,812
At 29 November 21671,371671,371
6.Debtors

2022

2021

££
Trade debtors / trade receivables170,378170,342
Other debtors-41,410
Total170,378211,752
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2022

2021

££
Trade creditors / trade payables11,57823,421
Bank borrowings and overdrafts160,941142,757
Taxation and social security23,32515,754
Other creditors-11,434
Accrued liabilities and deferred income1,2231,224
Total197,067194,590
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors after one year

2022

2021

££
Bank borrowings and overdrafts347,495346,786
Total347,495346,786
9.Provisions for liabilities

2022

2021

££
Net deferred tax liability (asset)147,33990,371
Total147,33990,371