Company Registration No. 09839385 (England and Wales)
Eagle 4x4 Limited
Unaudited accounts
for the year ended 31 October 2023
Eagle 4x4 Limited
Unaudited accounts
Contents
Eagle 4x4 Limited
Company Information
for the year ended 31 October 2023
Director
Martin David Whitfield
Secretary
Martin Whitfield
Company Number
09839385 (England and Wales)
Registered Office
UNIT 7 PRECISION WAY
TYTHING ROAD WEST
ALCESTER
B49 6FZ
ENGLAND
Accountants
Rachael Miles
2 Brook Lane
Charlton
Pershore
Worcestershire
WR10 3LG
Eagle 4x4 Limited
Statement of financial position
as at 31 October 2023
Tangible assets
174,854
1,010,723
Inventories
456,875
225,123
Cash at bank and in hand
2,640,222
1,886,682
Creditors: amounts falling due within one year
(518,400)
(327,519)
Net current assets
4,164,580
2,314,872
Total assets less current liabilities
4,339,434
3,325,595
Provisions for liabilities
Deferred tax
(39,342)
(30,300)
Net assets
4,300,092
3,295,295
Called up share capital
1
1
Profit and loss account
4,300,091
3,295,294
Shareholders' funds
4,300,092
3,295,295
For the year ending 31 October 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 11 April 2024 and were signed on its behalf by
Martin David Whitfield
Director
Company Registration No. 09839385
Eagle 4x4 Limited
Notes to the Accounts
for the year ended 31 October 2023
Eagle 4x4 Limited is a private company, limited by shares, registered in England and Wales, registration number 09839385. The registered office is UNIT 7 PRECISION WAY, TYTHING ROAD WEST, ALCESTER, B49 6FZ, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Property 2% on cost, Improvements 5 % on cost
Plant & machinery
15% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2022
848,568
26,139
212,824
9,969
17,417
1,114,917
Additions
1,129
10,203
81,520
17,327
5,286
115,465
Disposals
(849,697)
-
(74,953)
-
-
(924,650)
At 31 October 2023
-
36,342
219,391
27,296
22,703
305,732
At 1 November 2022
9,305
7,868
74,529
3,107
9,385
104,194
Charge for the year
-
4,271
30,328
4,838
3,330
42,767
On disposals
(9,305)
-
(6,778)
-
-
(16,083)
At 31 October 2023
-
12,139
98,079
7,945
12,715
130,878
At 31 October 2023
-
24,203
121,312
19,351
9,988
174,854
At 31 October 2022
839,263
18,271
138,295
6,862
8,032
1,010,723
Eagle 4x4 Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
189,225
170,246
Amounts due from group undertakings etc.
-
3,545
Accrued income and prepayments
2,722
6,795
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,043,936
-
Other debtors
350,000
350,000
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
125,713
137,024
Taxes and social security
298,878
134,636
Other creditors
39,089
26,441
Loans from directors
330
2,471
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).