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REGISTERED NUMBER: 02936613 (England and Wales)















EBS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






EBS LTD (REGISTERED NUMBER: 02936613)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EBS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: M C Williams
K K Badh
J T Williams
K Staniak





REGISTERED OFFICE: Innovation Centre
Warwick Technology Park
Warwick
Warwickshire
CV34 6UW





REGISTERED NUMBER: 02936613 (England and Wales)





ACCOUNTANTS: TC Group Limited
Celixir House
Stratford Business and Technology Park
Stratford-upon-Avon
Warwickshire
CV37 7GZ

EBS LTD (REGISTERED NUMBER: 02936613)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 22,500
Tangible assets 5 92,034 17,203
Investments 6 70,000 70,000
182,034 109,703

CURRENT ASSETS
Debtors 7 238,863 224,668
Cash at bank and in hand 19,565 51,275
258,428 275,943
CREDITORS
Amounts falling due within one year 8 145,655 107,201
NET CURRENT ASSETS 112,773 168,742
TOTAL ASSETS LESS CURRENT
LIABILITIES

294,807

278,445

CREDITORS
Amounts falling due after more than one
year

9

116,456

94,889
NET ASSETS 178,351 183,556

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 49,950 -
Capital redemption reserve 50 -
Retained earnings 127,351 182,556
SHAREHOLDERS' FUNDS 178,351 183,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

EBS LTD (REGISTERED NUMBER: 02936613)

BALANCE SHEET - continued
30 NOVEMBER 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 21 August 2024 and were signed on its behalf by:





M C Williams - Director


EBS LTD (REGISTERED NUMBER: 02936613)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

EBS 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% straight line basis
Computer equipment - 33% straight line basis

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 balance sheet date.

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 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.

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.

EBS LTD (REGISTERED NUMBER: 02936613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 50,000
AMORTISATION
At 1 December 2022 27,500
Amortisation for year 2,500
At 30 November 2023 30,000
NET BOOK VALUE
At 30 November 2023 20,000
At 30 November 2022 22,500

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 4,241 14,447 45,398 22,754 86,840
Additions 18,484 6,969 58,758 6,424 90,635
At 30 November 2023 22,725 21,416 104,156 29,178 177,475
DEPRECIATION
At 1 December 2022 2,827 11,816 33,652 21,342 69,637
Charge for year 9,006 4,042 - 2,756 15,804
At 30 November 2023 11,833 15,858 33,652 24,098 85,441
NET BOOK VALUE
At 30 November 2023 10,892 5,558 70,504 5,080 92,034
At 30 November 2022 1,414 2,631 11,746 1,412 17,203

EBS LTD (REGISTERED NUMBER: 02936613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 70,000
NET BOOK VALUE
At 30 November 2023 70,000
At 30 November 2022 70,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 112,769 112,172
Other debtors 126,094 112,496
238,863 224,668

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 22,887 21,585
Hire purchase contracts 8,418 -
Trade creditors 22,870 22,474
Taxation and social security 55,391 60,774
Other creditors 36,089 2,368
145,655 107,201

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 71,993 94,889
Hire purchase contracts 44,463 -
116,456 94,889

EBS LTD (REGISTERED NUMBER: 02936613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following loans to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
M C Williams
Balance outstanding at start of year 77,943 108,441
Amounts advanced 102,208 78,002
Amounts repaid (78,000 ) (108,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 102,151 77,943

11. ULTIMATE CONTROLLING PARTY

The controlling party is M C Williams.