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Company Registration No. 12580919 (England and Wales)
EBM Holdings Ltd Unaudited accounts for the year ended 30 November 2023
EBM Holdings Ltd Unaudited accounts Contents
Page
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EBM Holdings Ltd Company Information for the year ended 30 November 2023
Directors
Gethin Edwards Sally Edwards
Company Number
12580919 (England and Wales)
Registered Office
EMBASSY OFFICES STANGATE HOUSE STANWELL ROAD PENARTH VALE OF GLAMORGAN CF64 2AA UNITED KINGDOM
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EBM Holdings Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,194 
- 
Current assets
Debtors
1,075,044 
3,529 
Cash at bank and in hand
457 
2,591 
1,075,501 
6,120 
Creditors: amounts falling due within one year
(845,258)
(5,920)
Net current assets
230,243 
200 
Total assets less current liabilities
293,437 
200 
Creditors: amounts falling due after more than one year
(384,143)
- 
Net (liabilities)/assets
(90,706)
200 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(90,906)
- 
Shareholders' funds
(90,706)
200 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Gethin Edwards Director Company Registration No. 12580919
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EBM Holdings Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
EBM Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 12580919. The registered office is EMBASSY OFFICES STANGATE HOUSE, STANWELL ROAD, PENARTH, VALE OF GLAMORGAN, CF64 2AA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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EBM Holdings Ltd Notes to the Accounts for the year ended 30 November 2023
Charges
One Stop Business Finance SPV Limited holds a fixed and floating charge and a negative pledge dated 15 February 2023 over EBM Holdings Ltd on all monies, obligations and liabilities which may be due to One Stop Business Finance SPV Limited now and in the future. (charge code 125809190002) DBW Investments (10) Limited holds a fixed and floating charge and a negative pledge dated 26 January 2023 over EBM Holdings Ltd on all monies, obligations and liabilities which may be due to DBW Investments (10) Limited now and in the future. (charge code 125809190001)
Going concern
At 30 November 2023 the company had net liabilities of £72,062. However the company received financial support from the directors and shareholder of the company, and continues to meet liabilities as they fall due. Therefore the going concern basis is considered appropriate.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
- 
Additions
78,992 
At 30 November 2023
78,992 
Depreciation
Charge for the year
15,798 
At 30 November 2023
15,798 
Net book value
At 30 November 2023
63,194 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
22,775 
- 
Trade debtors
550,038 
- 
Amounts due from group undertakings etc.
5,302 
814 
Accrued income and prepayments
450,000 
2,334 
Other debtors
46,929 
381 
1,075,044 
3,529 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
26,838 
- 
Obligations under finance leases and hire purchase contracts
56,070 
- 
Trade creditors
174,088 
- 
Amounts owed to group undertakings and other participating interests
324,489 
5,920 
Taxes and social security
219,145 
- 
Other creditors
44,628 
- 
845,258 
5,920 
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EBM Holdings Ltd Notes to the Accounts for the year ended 30 November 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
384,143 
- 
8
Average number of employees
During the year the average number of employees was 18 (2022: 2).
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