1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-11-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 08263373 2022-11-01 2023-10-31 08263373 2023-10-31 08263373 2022-10-31 08263373 2021-11-01 2022-10-31 08263373 2022-10-31 08263373 2021-10-31 08263373 bus:Director1 2022-11-01 2023-10-31 08263373 core:WithinOneYear 2023-10-31 08263373 core:WithinOneYear 2022-10-31 08263373 core:AfterOneYear 2023-10-31 08263373 core:AfterOneYear 2022-10-31 08263373 core:ShareCapital 2023-10-31 08263373 core:ShareCapital 2022-10-31 08263373 core:RetainedEarningsAccumulatedLosses 2023-10-31 08263373 core:RetainedEarningsAccumulatedLosses 2022-10-31 08263373 bus:Director1 2022-10-31 08263373 bus:Director1 2021-10-31 08263373 bus:SmallEntities 2022-11-01 2023-10-31 08263373 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 08263373 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08263373 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08263373 bus:FullAccounts 2022-11-01 2023-10-31
COMPANY REGISTRATION NUMBER: 08263373
EBL Construction Limited
Filleted Unaudited Financial Statements
31 October 2023
EBL Construction Limited
Statement of Financial Position
31 October 2023
2023
2022
Note
£
£
Current assets
Debtors
5
35,730
44,885
Cash at bank and in hand
677
464
--------
--------
36,407
45,349
Creditors: amounts falling due within one year
6
18,969
18,986
--------
--------
Net current assets
17,438
26,363
--------
--------
Total assets less current liabilities
17,438
26,363
Creditors: amounts falling due after more than one year
7
17,500
27,500
--------
--------
Net liabilities
( 62)
( 1,137)
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 162)
( 1,237)
----
-------
Shareholders deficit
( 62)
( 1,137)
----
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
EBL Construction Limited
Statement of Financial Position (continued)
31 October 2023
These financial statements were approved by the board of directors and authorised for issue on 22 July 2024 , and are signed on behalf of the board by:
Mr E P Basnett
Director
Company registration number: 08263373
EBL Construction Limited
Notes to the Financial Statements
Year ended 31 October 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is EBL Group, Clifton Road, Sutton Weaver, Runcorn, WA7 3EH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 2 ).
5. Debtors
2023
2022
£
£
Other debtors
35,730
44,885
--------
--------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
10,000
10,000
Social security and other taxes
17
Director loan accounts
8,969
8,969
--------
--------
18,969
18,986
--------
--------
7. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
17,500
27,500
--------
--------
8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
Balance brought forward and outstanding
2023
2022
£
£
Mr E P Basnett
( 8,969)
( 8,969)
-------
-------