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REGISTERED NUMBER: 01493153 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

EYAS LIMITED

EYAS LIMITED (REGISTERED NUMBER: 01493153)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EYAS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mrs M V James





SECRETARY: Mrs J S Eade





REGISTERED OFFICE: No2 1911 Cottages
Nyewood
West Sussex
GU31 5JG





REGISTERED NUMBER: 01493153 (England and Wales)





ACCOUNTANTS: Lewis Brownlee (Chichester) Limited
Chartered Accountants
Appledram Barns
Birdham Road
Chichester
West Sussex
PO20 7EQ

EYAS LIMITED (REGISTERED NUMBER: 01493153)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,854 990

CURRENT ASSETS
Stocks 85 428
Debtors 5 12,902 110,459
Cash at bank and in hand 312,954 313,559
325,941 424,446
CREDITORS
Amounts falling due within one year 6 318,703 368,339
NET CURRENT ASSETS 7,238 56,107
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,092

57,097

PROVISIONS FOR LIABILITIES 180 -
NET ASSETS 8,912 57,097

CAPITAL AND RESERVES
Called up share capital 33,000 33,000
Retained earnings (24,088 ) 24,097
SHAREHOLDERS' FUNDS 8,912 57,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

EYAS LIMITED (REGISTERED NUMBER: 01493153)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2024 and were signed by:





Mrs M V James - Director


EYAS LIMITED (REGISTERED NUMBER: 01493153)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Eyas Limited 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.

The presentational currency of the financial statements is Pound Sterling (£) which is rounded to the nearest Pound (£).

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 represents the invoiced value of goods and services supplied by the company for events that occurred during the financial period, net of value added tax where chargeable.

Revenue Recognition
The revenue arising on group conferences is normally taken into account on completion of the arranged event. Costs incurred on events are carried forward into the accounting period in which completion will occur unless losses on an event are foreseen, in which case immediate provision is made for the potential loss.

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 - 10% on cost
Computer equipment - 20% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses.

Stocks
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes any expenditure incurred in bringing the stock to its present location and condition.

Financial instruments
Financial instruments are classified by the director as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


EYAS LIMITED (REGISTERED NUMBER: 01493153)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Transactions denominated in foreign currencies (primarily purchases from overseas suppliers) are initially recorded at the rate of exchange as at the date of the transaction. Year end creditors are retranslated at the rate of exchange as at the year end with exchange differences included in arriving at profit before tax.

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.

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.

Client money
The company holds money on behalf of customers in client bank accounts. These bank accounts have not been recognised in the accounts, on the basis that they do not represent assets belonging to the company.
Money held in the company bank account on behalf of their customers is reflected by a corresponding creditor in the accounts.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

Illegal dividends
During the year the shareholders unknowingly declared dividends in excess of their distributable reserves. They will not declare any further dividends until the balance sheet shows positive retained earnings.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

EYAS LIMITED (REGISTERED NUMBER: 01493153)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 6,260
Additions 1,290
At 31 December 2023 7,550
DEPRECIATION
At 1 January 2023 5,270
Charge for year 426
At 31 December 2023 5,696
NET BOOK VALUE
At 31 December 2023 1,854
At 31 December 2022 990

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,593 150
Other debtors 11,309 110,309
12,902 110,459

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 803 1,235
Taxation and social security 13,162 9,929
Other creditors 304,738 357,175
318,703 368,339