0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 273,586 273,586 273,586 xbrli:pure xbrli:shares iso4217:GBP 12348285 2023-01-01 2023-12-31 12348285 2023-12-31 12348285 2022-12-31 12348285 2022-01-01 2022-12-31 12348285 2022-12-31 12348285 2021-12-31 12348285 bus:Director1 2023-01-01 2023-12-31 12348285 core:WithinOneYear 2023-12-31 12348285 core:WithinOneYear 2022-12-31 12348285 core:AfterOneYear 2023-12-31 12348285 core:AfterOneYear 2022-12-31 12348285 core:ShareCapital 2023-12-31 12348285 core:ShareCapital 2022-12-31 12348285 core:RetainedEarningsAccumulatedLosses 2023-12-31 12348285 core:RetainedEarningsAccumulatedLosses 2022-12-31 12348285 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 12348285 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2023-12-31 12348285 core:Non-currentFinancialInstruments 2022-12-31 12348285 bus:SmallEntities 2023-01-01 2023-12-31 12348285 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12348285 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12348285 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12348285 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 12348285
EOG Limited
Filleted Unaudited Financial Statements
For the period ended
31 December 2023
EOG Limited
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
Fixed assets
Investments
4
273,586
Current assets
Debtors
5
700,003
700,003
Cash at bank and in hand
672
1,021
---------
---------
700,675
701,024
Creditors: amounts falling due within one year
6
964,385
953,306
---------
---------
Net current liabilities
263,710
252,282
---------
---------
Total assets less current liabilities
( 263,710)
21,304
Creditors: amounts falling due after more than one year
7
14,912
24,438
---------
--------
Net liabilities
( 278,622)
( 3,134)
---------
--------
Capital and reserves
Called up share capital
3
3
Profit and loss account
( 278,625)
( 3,137)
---------
-------
Shareholders deficit
( 278,622)
( 3,134)
---------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
EOG Limited
Statement of Financial Position (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 12 September 2024 , and are signed on behalf of the board by:
K A Nicolas
Director
Company registration number: 12348285
EOG Limited
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hyde House, The Hyde, Edgware Road, London, NW9 6LA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Investments
Other investments other than loans
£
Cost
At 1 January 2023
273,586
Disposals
( 273,586)
---------
At 31 December 2023
---------
Impairment
At 1 January 2023 and 31 December 2023
---------
Carrying amount
At 31 December 2023
---------
At 31 December 2022
273,586
---------
5. Debtors
2023
2022
£
£
Other debtors
700,003
700,003
---------
---------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
10,000
10,001
Other creditors
954,385
943,305
---------
---------
964,385
953,306
---------
---------
7. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
14,912
24,438
--------
--------
The bank loan is repayable by monthly instalments in full by May 2026. Interest is charged at 2.5% per annum.