2022-07-01 06901525 2023-06-30 06901525 2022-07-01 2023-06-30 06901525 2022-06-30 06901525 2021-07-01 2022-06-30 06901525 uk-core:WithinOneYear 2022-06-30 06901525 uk-core:WithinOneYear 2023-06-30 06901525 uk-core:AfterOneYear 2022-06-30 06901525 uk-core:AfterOneYear 2023-06-30 06901525 uk-core:ShareCapital 2023-06-30 06901525 uk-core:ShareCapital 2022-06-30 06901525 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 06901525 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 06901525 uk-bus:Director1 2022-07-01 2023-06-30 06901525 uk-core:PlantMachinery 2022-07-01 2023-06-30 06901525 uk-core:ToolsEquipment 2022-07-01 2023-06-30 06901525 uk-core:CommercialMotorVehicles 2022-07-01 2023-06-30 06901525 uk-core:WithinOneYear 2023-06-30 06901525 uk-core:WithinOneYear 2022-06-30 06901525 uk-core:AfterOneYear uk-core:Secured 2023-06-30 06901525 uk-core:AfterOneYear uk-core:Secured 2022-06-30 iso4217:GBP xbrli:pure 06901525 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 06901525 uk-bus:FRS102 2022-07-01 2023-06-30 06901525 uk-bus:FullAccounts 2022-07-01 2023-06-30 06901525 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Draft
Eight Building Limited
Registered Number:06901525
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 June 2023
Eight Building Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Draft
Registered Number :
06901525
As at 30 June 2023
Eight Building Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
34,487
37,508
34,487
37,508
Current assets
Inventories
7,080
54,852
2
Trade and other receivables
57,327
51,630
3
170,975
Cash and cash equivalents
115,456
221,938
235,382
Trade and other payables: amounts falling due within one
year
(171,009)
(139,968)
4
64,373
81,970
Net current assets
Total assets less current liabilities
116,457
101,881
Trade and other payables: amounts falling due after more
than one year
(39,473)
(24,161)
5
(6,552)
(7,127)
Provisions for liabilities
85,744
Net assets
55,281
Capital and reserves
Called up share capital
1
1
Retained earnings
85,743
55,280
85,744
55,281
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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Registered Number :
06901525
For the year ended 30 June 2023
Eight Building Limited
Statement of Financial Position Continued
Mr Marcus Mckenzie Director
These financial statements were approved and authorised for issue by the Board on 09 February 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 30 June 2023
Eight Building Limited
Notes to the Financial Statements
Statutory Information
Eight Building Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06901525.
Registered address:
Raynham House Furze Hill
The Sands
Farnham
Surrey
GU10 1PS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
3 Year Straight line
3 Year Straight line
Computer equipment
20% Reducing balance
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
2. Inventories
2022
2023
£
£
Stocks
54,852
7,080
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For the year ended 30 June 2023
Eight Building Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
34,846
53,409
Other debtors
16,784
3,918
57,327
51,630
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
10,000
10,000
Trade creditors
93,040
94,179
Taxation and social security
30,912
41,529
Other creditors
6,016
25,301
139,968
171,009
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
23,204
32,500
Other creditors
957
6,973
24,161
39,473
6. Guarantees and other financial commitments
7. Average number of persons employed
During the year the average number of employees was 3 (2022 : 3)
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