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REGISTERED NUMBER: 00481943 (England and Wales)













EBM OFFICE CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023






EBM OFFICE CENTRE LIMITED (REGISTERED NUMBER: 00481943)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 7


EBM OFFICE CENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: P. Richards
S. Richards
E Richards
J R Mato Richards



SECRETARY: P. Richards



REGISTERED OFFICE: Lambourne House
7 Western Road
Romford
Essex
RM1 3LD



REGISTERED NUMBER: 00481943 (England and Wales)



ACCOUNTANTS: Sinclairs Bartrum Lerner
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT



BANKERS: Barclays Bank PLC
Bedford Square
Leicester
LE87 2BB

EBM OFFICE CENTRE LIMITED (REGISTERED NUMBER: 00481943)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 102,070 30,165

CURRENT ASSETS
Stocks 5 5,358 55,400
Debtors 6 516,468 1,056,676
Cash at bank and in hand 237,247 99,018
759,073 1,211,094
CREDITORS
Amounts falling due within one year 7 421,892 768,532
NET CURRENT ASSETS 337,181 442,562
TOTAL ASSETS LESS CURRENT LIABILITIES 439,251 472,727

CREDITORS
Amounts falling due after more than one year 8 (59,803 ) -

PROVISIONS FOR LIABILITIES (7,660 ) (7,660 )
NET ASSETS 371,788 465,067

CAPITAL AND RESERVES
Called up share capital 9 41,000 41,000
Retained earnings 10 330,788 424,067
SHAREHOLDERS' FUNDS 371,788 465,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

EBM OFFICE CENTRE LIMITED (REGISTERED NUMBER: 00481943)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by:





E Richards - Director


EBM OFFICE CENTRE LIMITED (REGISTERED NUMBER: 00481943)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

EBM Office Centre 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of value added tax.

A proportion of maintenance contracts written in the year but expiring after the balance sheet date are carried forward to future periods as deferred income.

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 - 25% on reducing balance and 20% straight line on cost
Motor vehicles - 25% straight line on cost
Computer equipment - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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 statement of financial position date.

EBM OFFICE CENTRE LIMITED (REGISTERED NUMBER: 00481943)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 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 statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised on the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account 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. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable by the company to the fund.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2022 - 25 ) .

EBM OFFICE CENTRE LIMITED (REGISTERED NUMBER: 00481943)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 June 2022 175,125 7,999 77,613 260,737
Additions - 106,008 2,450 108,458
Disposals - (8,000 ) - (8,000 )
At 31 May 2023 175,125 106,007 80,063 361,195
DEPRECIATION
At 1 June 2022 169,148 5,469 55,955 230,572
Charge for year 1,494 26,502 6,026 34,022
Eliminated on disposal - (5,469 ) - (5,469 )
At 31 May 2023 170,642 26,502 61,981 259,125
NET BOOK VALUE
At 31 May 2023 4,483 79,505 18,082 102,070
At 31 May 2022 5,977 2,530 21,658 30,165

5. STOCKS
2023 2022
£ £
Finished goods 5,358 55,400

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 480,964 907,536
Other debtors 35,504 149,140
516,468 1,056,676

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Hire purchase contracts 17,160 -
Trade creditors 244,672 647,614
Taxation and social security 106,970 53,547
Other creditors 53,090 67,371
421,892 768,532

EBM OFFICE CENTRE LIMITED (REGISTERED NUMBER: 00481943)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Hire purchase contracts 59,803 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
41,000 Ordinary £1 41,000 41,000

10. RESERVES
Retained
earnings
£

At 1 June 2022 424,067
Deficit for the year (93,279 )
At 31 May 2023 330,788