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REGISTERED NUMBER: 11813465 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

EPP EGGS LTD

EPP EGGS LTD (REGISTERED NUMBER: 11813465)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EPP EGGS LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: G Hall
Mrs A M Hall
M G Hall
Mrs K L Hall





REGISTERED OFFICE: Eppleworth Wood Farm
Eppleworth
Cottingham
East Yorkshire
HU16 5YJ





REGISTERED NUMBER: 11813465 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

EPP EGGS LTD (REGISTERED NUMBER: 11813465)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,358 22,984

CURRENT ASSETS
Stocks 96,373 136,015
Debtors 5 160,008 81,118
Cash at bank 319,483 67,347
575,864 284,480
CREDITORS
Amounts falling due within one year 6 350,040 203,355
NET CURRENT ASSETS 225,824 81,125
TOTAL ASSETS LESS CURRENT
LIABILITIES

297,182

104,109

PROVISIONS FOR LIABILITIES 17,839 5,746
NET ASSETS 279,343 98,363

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 279,243 98,263
SHAREHOLDERS' FUNDS 279,343 98,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

EPP EGGS LTD (REGISTERED NUMBER: 11813465)

BALANCE SHEET - continued
31 March 2024


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 13 August 2024 and were signed on its behalf by:





G Hall - Director


EPP EGGS LTD (REGISTERED NUMBER: 11813465)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

EPP Eggs Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Eppleworth Wood Farm, Cottingham, East Yorkshire, HU16 5YJ.

The principal activity of the company is the raising of poultry and egg sales.

The presentational currency of the financial statements is Pound Sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis.

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.

EPP EGGS LTD (REGISTERED NUMBER: 11813465)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 29,216
Additions 51,882
At 31 March 2024 81,098
DEPRECIATION
At 1 April 2023 6,232
Charge for year 3,508
At 31 March 2024 9,740
NET BOOK VALUE
At 31 March 2024 71,358
At 31 March 2023 22,984

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 130,394 12,077
Other debtors 29,614 69,041
160,008 81,118

EPP EGGS LTD (REGISTERED NUMBER: 11813465)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 70,000
Trade creditors 156,873 113,228
Taxation and social security 48,511 8,159
Other creditors 144,656 11,968
350,040 203,355