EJBC Holdings Limited 13528566 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is holding company. The company also owns a commercial building and receives rent. Digita Accounts Production Advanced 6.30.9574.0 true true 13528566 2023-04-01 2024-03-31 13528566 2024-03-31 13528566 bus:OrdinaryShareClass1 2024-03-31 13528566 core:CurrentFinancialInstruments 2024-03-31 13528566 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 13528566 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 13528566 bus:SmallEntities 2023-04-01 2024-03-31 13528566 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13528566 bus:FullAccounts 2023-04-01 2024-03-31 13528566 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13528566 bus:RegisteredOffice 2023-04-01 2024-03-31 13528566 bus:Director1 2023-04-01 2024-03-31 13528566 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 13528566 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13528566 countries:AllCountries 2023-04-01 2024-03-31 13528566 2022-04-01 2023-03-31 13528566 2023-03-31 13528566 bus:OrdinaryShareClass1 2023-03-31 13528566 core:CurrentFinancialInstruments 2023-03-31 13528566 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 13528566 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13528566

EJBC Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

EJBC Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

EJBC Holdings Limited

Company Information

Director

Mrs EJ Quesada-Getgood

Registered office

2 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

Accountants

EJBC Chartered Accountants
2 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

 

EJBC Holdings Limited

(Registration number: 13528566)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

598,792

604,144

Current assets

 

Debtors

11,000

2,639

Cash at bank and in hand

 

43,373

45,034

 

54,373

47,673

Creditors: Amounts falling due within one year

(26,657)

(9,705)

Net current assets

 

27,716

37,968

Total assets less current liabilities

 

626,508

642,112

Creditors: Amounts falling due after more than one year

(309,583)

(414,029)

Net assets

 

316,925

228,083

Capital and reserves

 

Called up share capital

3

90

90

Retained earnings

316,835

227,993

Shareholders' funds

 

316,925

228,083

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 16 April 2024
 

.........................................
Mrs EJ Quesada-Getgood
Director

 

EJBC Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

EJBC Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

EJBC Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

3

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

90

90

90

90