0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 05394961 2023-04-01 2024-03-31 05394961 2024-03-31 05394961 2023-03-31 05394961 2022-04-01 2023-03-31 05394961 2023-03-31 05394961 2022-03-31 05394961 bus:Director1 2023-04-01 2024-03-31 05394961 core:WithinOneYear 2024-03-31 05394961 core:WithinOneYear 2023-03-31 05394961 core:ShareCapital 2024-03-31 05394961 core:ShareCapital 2023-03-31 05394961 core:RetainedEarningsAccumulatedLosses 2024-03-31 05394961 core:RetainedEarningsAccumulatedLosses 2023-03-31 05394961 bus:Director1 2022-03-31 05394961 bus:Director1 2022-04-01 2023-03-31 05394961 bus:SmallEntities 2023-04-01 2024-03-31 05394961 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05394961 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05394961 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05394961 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: 05394961
EBL Modular Limited
Filleted Unaudited Financial Statements
31 March 2024
EBL Modular Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
£
Current assets
Debtors
4
217,367
217,250
Cash at bank and in hand
865
865
---------
---------
218,232
218,115
Creditors: amounts falling due within one year
5
274,120
273,320
---------
---------
Net current liabilities
55,888
55,205
--------
--------
Total assets less current liabilities
( 55,888)
( 55,205)
--------
--------
Net liabilities
( 55,888)
( 55,205)
--------
--------
Capital and reserves
Called up share capital
4
4
Profit and loss account
( 55,892)
( 55,209)
--------
--------
Shareholders deficit
( 55,888)
( 55,205)
--------
--------
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 March 2024 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 .
These financial statements were approved by the board of directors and authorised for issue on 24 October 2024 , and are signed on behalf of the board by:
Mr E Basnett
Director
Company registration number: 05394961
EBL Modular Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is AGP Sycamore House, Sutton Quays Business Park, Sutton Weaver, Runcorn, Cheshire, WA7 3EH.
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
These financial statements have been prepared on the going concern basis despite the company having net liabilities. The company is dependent upon the continued financial support of the directors who have confirmed that they are not seeking repayment of their directors' loans in the foreseeable future.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4. Debtors
2024
2023
£
£
Trade debtors
217,250
217,250
Other debtors
117
---------
---------
217,367
217,250
---------
---------
5. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
702
Other creditors
273,418
273,320
---------
---------
274,120
273,320
---------
---------
6. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr E Basnett
----
----
----
2023
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr E Basnett
( 89,269)
89,269
--------
--------
----