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REGISTERED NUMBER: 08437385 (England and Wales)















Financial Statements

for the Period 1 April 2022 to 30 March 2023

for

EOS CONTRACTING LIMITED

EOS CONTRACTING LIMITED (REGISTERED NUMBER: 08437385)

Contents of the Financial Statements
for the period 1 April 2022 to 30 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EOS CONTRACTING LIMITED

Company Information
for the period 1 April 2022 to 30 March 2023







Directors: D L Holland
M Porter
K A Fowlie





Registered office: Network Plus Services Ltd Chaddock Lane
Worsley
Manchester
M28 1XW





Registered number: 08437385 (England and Wales)





Auditors: Haines Watts
Northern Assurance Buildings
9-21 Princess Street
Manchester
M2 4DN

EOS CONTRACTING LIMITED (REGISTERED NUMBER: 08437385)

Balance Sheet
30 March 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 5 44,136 78,371

Current assets
Debtors 6 1,950,543 2,004,978
Cash at bank 286,326 351,181
2,236,869 2,356,159
Creditors
Amounts falling due within one year 7 2,796,045 3,378,662
Net current liabilities (559,176 ) (1,022,503 )
Total assets less current liabilities (515,040 ) (944,132 )

Creditors
Amounts falling due after more than one
year

8

21,668

39,245
Net liabilities (536,708 ) (983,377 )

Capital and reserves
Called up share capital 9 100 100
Retained earnings (536,808 ) (983,477 )
Shareholders' funds (536,708 ) (983,377 )

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by:





D L Holland - Director


EOS CONTRACTING LIMITED (REGISTERED NUMBER: 08437385)

Notes to the Financial Statements
for the period 1 April 2022 to 30 March 2023


1. Statutory information

Eos Contracting 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 prior period end date was changed to 31 March 2022 to bring it in line with its holding company. This resulted in the previous period length being 8 months. Therefore, comparatives are not entirely comparable.

2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Although the company was profitable in the period it had net liabilities as at 30 March 2023. However, it will be supported by other group companies as required.

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

Turnover
Turnover is the total amount receivable by the company in the ordinary course of business with customers for goods supplied and services provided excluding value added tax.

Turnover is recognised to the extent it is probable that economic benefit will flow to the Company. Turnover is recognised as the fair value of consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

The amount of turnover can be measured reliably;
It is probable that the Company will receive the consideration due under the contract; and
Where applicable, the costs incurred and the costs to complete the contract can be measured reliably.

Turnover in respect of variations to contracts and incentive payments is recognised when it is probable it will be agreed by the customer. Where turnover recognised exceeds billing, the balance is shown as due from customers within debtors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 25% straight line
Plant and machinery - 25% straight line
Fixtures and fittings - 25% straight line
Motor vehicles - 33% straight line
Computer equipment - 33% straight line

Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.


EOS CONTRACTING LIMITED (REGISTERED NUMBER: 08437385)

Notes to the Financial Statements - continued
for the period 1 April 2022 to 30 March 2023


3. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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
Rentals paid under operating leases are charged to profit or loss 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. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. Employees and directors

The average number of employees during the period was 15 (2022 - 42 ) .

5. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
Cost
At 1 April 2022
and 30 March 2023 10,900 322,367 24,683
Depreciation
At 1 April 2022 3,500 273,210 5,050
Charge for period 2,725 23,306 6,023
At 30 March 2023 6,225 296,516 11,073
Net book value
At 30 March 2023 4,675 25,851 13,610
At 31 March 2022 7,400 49,157 19,633

EOS CONTRACTING LIMITED (REGISTERED NUMBER: 08437385)

Notes to the Financial Statements - continued
for the period 1 April 2022 to 30 March 2023


5. Tangible fixed assets - continued

Motor Computer
vehicles equipment Totals
£ £ £
Cost
At 1 April 2022
and 30 March 2023 344,277 5,524 707,751
Depreciation
At 1 April 2022 342,919 4,701 629,380
Charge for period 1,358 823 34,235
At 30 March 2023 344,277 5,524 663,615
Net book value
At 30 March 2023 - - 44,136
At 31 March 2022 1,358 823 78,371

6. Debtors
2023 2022
£ £
Amounts falling due within one year:
Trade debtors 1,124,631 631,379
Other debtors 726,155 1,173,842
1,850,786 1,805,221

Amounts falling due after more than one year:
Trade debtors 99,757 199,757

Aggregate amounts 1,950,543 2,004,978

7. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 10,000 30,540
Hire purchase contracts - 43,719
Trade creditors 143,801 570,870
Amounts owed to group undertakings 2,247,767 2,271,444
Corporation tax 1,491 -
Social security and other taxes 42,725 22,157
VAT - 240,174
Other creditors 6,296 52,732
Accruals and deferred income 343,965 147,026
2,796,045 3,378,662

EOS CONTRACTING LIMITED (REGISTERED NUMBER: 08437385)

Notes to the Financial Statements - continued
for the period 1 April 2022 to 30 March 2023


8. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 11,668 21,667
Hire purchase contracts - 7,578
21,668 39,245

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 100 100

10. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

David Fort FCA (Senior Statutory Auditor)
for and on behalf of Haines Watts

11. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12. Ultimate controlling party

The immediate parent company, by virtue of its 100% shareholding, is Network Plus Services Limited, a company registered in the United Kingdom.

Nyetimber Finco Limited, a company registered in the United Kingdom, is the parent undertaking of the smallest group of undertakings to consolidate these financial statements. OMERS Administration Corporation is the beneficial owner of Nyetimber Finco Limited.