EBC HOMES LIMITED

Company Registration Number:
11273538 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

EBC HOMES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

EBC HOMES LIMITED

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Mr I P Burrows
Mr A Cooper
Mr T D Price
Mr C J Waters


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 August 2024

And signed on behalf of the board by:
Name: Mr A Cooper
Status: Director

EBC HOMES LIMITED

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 453,324 398,986
Cost of sales: ( 551,654 ) ( 487,778 )
Gross profit(or loss): (98,330) (88,792)
Distribution costs: 0 0
Administrative expenses: ( 174,182 ) ( 156,390 )
Operating profit(or loss): (272,512) (245,182)
Interest receivable and similar income: 271 15
Interest payable and similar charges: ( 7,500 ) ( 7,479 )
Profit(or loss) before tax: (279,741) (252,646)
Profit(or loss) for the financial year: (279,741) (252,646)

EBC HOMES LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Called up share capital not paid: 1
Fixed assets
Tangible assets: 3 3,013,094 3,204,345
Total fixed assets: 3,013,094 3,204,345
Current assets
Debtors: 4 58,050 92,362
Cash at bank and in hand: 35,797 266,365
Total current assets: 93,847 358,727
Creditors: amounts falling due within one year: 5 ( 441,934 ) ( 671,426 )
Net current assets (liabilities): (348,087) (312,699)
Total assets less current liabilities: 2,665,008 2,891,646
Creditors: amounts falling due after more than one year: 6 ( 3,590,800 ) ( 3,537,695 )
Total net assets (liabilities): (925,792) (646,049)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (925,793 ) (646,050 )
Total Shareholders' funds: ( 925,792 ) (646,049)

The notes form part of these financial statements

EBC HOMES LIMITED

Balance sheet statements

For the year ending 31 March 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 23 August 2024
and signed on behalf of the board by:

Name: Mr A Cooper
Status: Director

The notes form part of these financial statements

EBC HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Items of property, plant and equipment are measured at cost less accumulated depreciation and any accumulated impairment losses. If significant parts of an item of property, plant and equipment have different useful lives, then they are accounted for as separate items (major components) of property, plant and equipment. Any gain or loss on disposal of an item of property, plant and equipment is recognised in profit or loss. Subsequent expenditure is capitalised only if it is probable that the future economic benefits associated with the expenditure will flow to the Company. Depreciation is provided on all other items of property, plant and equipment so as to write off their carrying value over their expected useful economic lives. It is provided at the following range, Short-term leasehold property 5 – 21 years

    Other accounting policies

    EBC Homes Limited is party to lease contracts. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract

EBC HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

EBC HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 3,204,345 3,204,345
Additions
Disposals
Revaluations
Transfers
At 31 March 2023 3,204,345 3,204,345
Depreciation
At 1 April 2022 0 0
Charge for year 191,251 191,251
On disposals
Other adjustments
At 31 March 2023 191,251 191,251
Net book value
At 31 March 2023 3,013,094 3,013,094
At 31 March 2022 3,204,345 3,204,345

EBC HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Trade debtors 14,050 48,362
Prepayments and accrued income 44,000 44,000
Total 58,050 92,362
Debtors due after more than one year: 0 0

EBC HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 146,895 136,314
Trade creditors 12,500 23,132
Accruals and deferred income 137,914 214,295
Other creditors 144,625 297,685
Total 441,934 671,426

EBC HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 350,000 150,000
Amounts due under finance leases and hire purchase contracts 3,240,800 3,387,695
Total 3,590,800 3,537,695