Company Registration No. 7304719 (England and Wales)
ECLIPSE DECORATING AND BUILDING LIMITED
Unaudited accounts
for the year ended 31 July 2024
ECLIPSE DECORATING AND BUILDING LIMITED
Unaudited accounts
Contents
ECLIPSE DECORATING AND BUILDING LIMITED
Company Information
for the year ended 31 July 2024
Directors
Mr Paul Underdown
Mrs Louise Underdown
Company Number
7304719 (England and Wales)
Registered Office
28 DEEPDALE
CARLTON COLVILLE
LOWESTOFT
NR33 8TU
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
ECLIPSE DECORATING AND BUILDING LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
56,894
20,488
Cash at bank and in hand
17,191
42,536
Creditors: amounts falling due within one year
(7,986)
(18,930)
Net current assets
25,214
23,606
Total assets less current liabilities
82,108
44,094
Creditors: amounts falling due after more than one year
(52,654)
(45,172)
Net assets/(liabilities)
29,454
(1,078)
Called up share capital
2
2
Profit and loss account
29,452
(1,080)
Shareholders' funds
29,454
(1,078)
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 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 17 September 2024 and were signed on its behalf by
Mr Paul Underdown
Director
Company Registration No. 7304719
ECLIPSE DECORATING AND BUILDING LIMITED
Notes to the Accounts
for the year ended 31 July 2024
ECLIPSE DECORATING AND BUILDING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7304719. The registered office is 28 DEEPDALE, CARLTON COLVILLE, LOWESTOFT, NR33 8TU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
15% reducing balance
Motor vehicles
15% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
ECLIPSE DECORATING AND BUILDING LIMITED
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
19,304
49,002
4,339
6,262
78,907
Additions
-
45,618
-
828
46,446
At 31 July 2024
19,304
94,620
4,339
7,090
125,353
At 1 August 2023
14,161
36,206
3,702
4,350
58,419
Charge for the year
771
8,762
96
411
10,040
At 31 July 2024
14,932
44,968
3,798
4,761
68,459
At 31 July 2024
4,372
49,652
541
2,329
56,894
At 31 July 2023
5,143
12,796
637
1,912
20,488
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,195
9,545
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
20,563
6,616
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).