EBMG Limited 06788865 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is building and maintenance. Digita Accounts Production Advanced 6.30.9574.0 true true 06788865 2023-02-01 2024-01-31 06788865 2024-01-31 06788865 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-01-31 06788865 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-01-31 06788865 core:CurrentFinancialInstruments 2024-01-31 06788865 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 06788865 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 06788865 core:MotorVehicles 2024-01-31 06788865 core:OtherPropertyPlantEquipment 2024-01-31 06788865 bus:SmallEntities 2023-02-01 2024-01-31 06788865 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 06788865 bus:FilletedAccounts 2023-02-01 2024-01-31 06788865 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 06788865 bus:RegisteredOffice 2023-02-01 2024-01-31 06788865 bus:Director1 2023-02-01 2024-01-31 06788865 bus:Director2 2023-02-01 2024-01-31 06788865 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06788865 core:MotorVehicles 2023-02-01 2024-01-31 06788865 core:OtherPropertyPlantEquipment 2023-02-01 2024-01-31 06788865 core:PlantMachinery 2023-02-01 2024-01-31 06788865 countries:EnglandWales 2023-02-01 2024-01-31 06788865 2023-01-31 06788865 core:MotorVehicles 2023-01-31 06788865 core:OtherPropertyPlantEquipment 2023-01-31 06788865 2022-02-01 2023-01-31 06788865 2023-01-31 06788865 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-01-31 06788865 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-01-31 06788865 core:CurrentFinancialInstruments 2023-01-31 06788865 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 06788865 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 06788865 core:MotorVehicles 2023-01-31 06788865 core:OtherPropertyPlantEquipment 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 06788865

EBMG Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

EBMG Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

EBMG Limited

(Registration number: 06788865)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

112,404

95,511

Current assets

 

Debtors

5

311,740

145,530

Cash at bank and in hand

 

1,176,384

1,342,650

 

1,488,124

1,488,180

Creditors: Amounts falling due within one year

6

(312,967)

(359,626)

Net current assets

 

1,175,157

1,128,554

Total assets less current liabilities

 

1,287,561

1,224,065

Creditors: Amounts falling due after more than one year

6

-

(5,315)

Provisions for liabilities

(20,473)

(15,244)

Net assets

 

1,267,088

1,203,506

Capital and reserves

 

Called up share capital

2,000

2,000

Retained earnings

1,265,088

1,201,506

Shareholders' funds

 

1,267,088

1,203,506

 

EBMG Limited

(Registration number: 06788865)
Balance Sheet as at 31 January 2024

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 October 2024 and signed on its behalf by:
 

.........................................
Mr A Oliver
Director

.........................................
Mr B J Woods
Director

 

EBMG Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1ST Floor
143
Connaught Avenue
Frinton-On-Sea
Essex
CO13 9AB
United Kingdom

These financial statements were authorised for issue by the Board on 3 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

EBMG Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% Straight line

Motor vehicles

20% Straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

 

EBMG Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

4

Tangible assets

Motor vehicles
 £

Plant and machinery
 £

Total
£

Cost or valuation

At 1 February 2023

160,759

18,180

178,939

Additions

34,379

2,582

36,961

At 31 January 2024

195,138

20,762

215,900

Depreciation

At 1 February 2023

67,153

16,275

83,428

Charge for the year

18,844

1,224

20,068

At 31 January 2024

85,997

17,499

103,496

Carrying amount

At 31 January 2024

109,141

3,263

112,404

At 31 January 2023

93,606

1,905

95,511

 

EBMG Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

5

Debtors

2024
£

2023
£

Trade debtors

307,545

137,065

Prepayments

4,195

3,465

Other debtors

-

5,000

311,740

145,530

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

5,315

15,944

Trade creditors

 

77,943

48,215

Taxation and social security

 

169,939

240,589

Accruals and deferred income

 

3,000

3,000

Other creditors

 

56,770

51,878

 

312,967

359,626

Creditors include net obligations under finance lease and hire purchase contracts which are secured of £5,315 (2022 - £15,944).

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

-

5,315

Creditors include net obligations under finance lease and hire purchase contracts which are secured of £0 (2022 - £5,315).

 

EBMG Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Hire purchase contracts

-

5,315

Current loans and borrowings

2024
£

2023
£

Hire purchase contracts

5,315

15,944