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REGISTERED NUMBER: 12133048 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

INCREDIBLE EGGS EAST LTD

INCREDIBLE EGGS EAST LTD (REGISTERED NUMBER: 12133048)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


INCREDIBLE EGGS EAST LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Ms Victoria Fletcher
Mr Callum Smiles





REGISTERED OFFICE: Evolution House
Iceni Court
Delft Way
Norwich
Norfolk
NR6 6BB





REGISTERED NUMBER: 12133048 (England and Wales)





ACCOUNTANTS: Farnell Clarke Limited
Evolution House
Delft Way
Norwich Airport
Norwich
Norfolk
NR6 6BB

INCREDIBLE EGGS EAST LTD (REGISTERED NUMBER: 12133048)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 9,000 10,500
Tangible assets 5 10,938 15,019
19,938 25,519

CURRENT ASSETS
Debtors 6 - 3,948
Cash at bank 31,590 17,609
31,590 21,557
CREDITORS
Amounts falling due within one year 7 12,008 14,670
NET CURRENT ASSETS 19,582 6,887
TOTAL ASSETS LESS CURRENT LIABILITIES 39,520 32,406

CREDITORS
Amounts falling due after more than one
year

8

(7,348

)

(11,348

)

PROVISIONS FOR LIABILITIES (2,078 ) (2,863 )
NET ASSETS 30,094 18,195

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 30,084 18,185
SHAREHOLDERS' FUNDS 30,094 18,195

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

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

INCREDIBLE EGGS EAST LTD (REGISTERED NUMBER: 12133048)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2024 and were signed on its behalf by:





Mr Callum Smiles - Director


INCREDIBLE EGGS EAST LTD (REGISTERED NUMBER: 12133048)

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

1. STATUTORY INFORMATION

Incredible Eggs East Ltd 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.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Computer equipment - 20% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

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

INCREDIBLE EGGS EAST LTD (REGISTERED NUMBER: 12133048)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2022
and 31 August 2023 15,000
AMORTISATION
At 1 September 2022 4,500
Charge for year 1,500
At 31 August 2023 6,000
NET BOOK VALUE
At 31 August 2023 9,000
At 31 August 2022 10,500

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 September 2022 23,836 597 24,433
Additions 192 200 392
Disposals (971 ) - (971 )
At 31 August 2023 23,057 797 23,854
DEPRECIATION
At 1 September 2022 9,126 288 9,414
Charge for year 3,706 260 3,966
Eliminated on disposal (464 ) - (464 )
At 31 August 2023 12,368 548 12,916
NET BOOK VALUE
At 31 August 2023 10,689 249 10,938
At 31 August 2022 14,710 309 15,019

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 3,948

INCREDIBLE EGGS EAST LTD (REGISTERED NUMBER: 12133048)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 487 8,178
Taxation and social security 4,764 2,184
Other creditors 2,757 308
12,008 14,670

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 7,348 11,348

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
10 Share capital 1 £1 10 10

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,500 were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

By way of equal shareholdings Callum Smiles and Victoria Fletcher share ultimate control of the company between them.