EGIB LTD

Company Registration Number:
13567673 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

EGIB LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

EGIB LTD

Profit And Loss Account

for the Period Ended 31 August 2023

2023 13 months to 31 August 2022


£

£
Turnover: 9,334 37,792
Cost of sales: ( 51,027 ) ( 34,808 )
Gross profit(or loss): (41,693) 2,984
Administrative expenses: ( 3,687 ) ( 1,931 )
Operating profit(or loss): (45,380) 1,053
Profit(or loss) before tax: (45,380) 1,053
Profit(or loss) for the financial year: (45,380) 1,053

EGIB LTD

Balance sheet

As at 31 August 2023

Notes 2023 13 months to 31 August 2022


£

£
Fixed assets
Tangible assets: 3 2,063 2,611
Total fixed assets: 2,063 2,611
Current assets
Cash at bank and in hand: 0 5,752
Total current assets: 0 5,752
Creditors: amounts falling due within one year: 4 ( 39,878 ) ( 4,587 )
Net current assets (liabilities): (39,878) 1,165
Total assets less current liabilities: (37,815) 3,776
Provision for liabilities: ( 6,511 ) ( 2,722 )
Total net assets (liabilities): (44,326) 1,054
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (44,327 ) 1,053
Total Shareholders' funds: ( 44,326 ) 1,054

The notes form part of these financial statements

EGIB LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 20 August 2024
and signed on behalf of the board by:

Name: Elshimaa Gabr
Status: Director

The notes form part of these financial statements

EGIB LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Straight line depreciation method is adopted with useful lives of furniture & computers = 2 years and vehicle and transport = 5 years.Depreciation expense is charged on the P&L under cost of sales

EGIB LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 13 months to 31 August 2022
    Average number of employees during the period 1 1

EGIB LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 1,316 1,750 3,066
Additions 849 0 849
Disposals 0 0
Revaluations 0 0
Transfers
At 31 August 2023 2,165 1,750 3,915
Depreciation
At 1 September 2022 426 29 455
Charge for year 1,047 350 1,397
On disposals
Other adjustments
At 31 August 2023 1,473 379 1,852
Net book value
At 31 August 2023 692 1,371 2,063
At 31 August 2022 890 1,721 2,611

EGIB LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Creditors: amounts falling due within one year note

2023 13 months to 31 August 2022
£ £
Other creditors 39,878 4,587
Total 39,878 4,587

Director's current account (cash/bank transfers & advances vs salaries)