1 February 2023 false No description of principal activity Taxfiler 2024.5 09390811business:PrivateLimitedCompanyLtd2023-02-012024-01-31 093908112023-01-31 093908112023-02-012024-01-31 09390811business:AuditExemptWithAccountantsReport2023-02-012024-01-31 09390811business:FilletedAccounts2023-02-012024-01-31 093908112024-01-31 09390811business:Director12023-02-012024-01-31 09390811business:Director22023-02-012024-01-31 09390811business:RegisteredOffice2023-02-012024-01-31 093908112023-01-31 09390811core:WithinOneYear2024-01-31 09390811core:WithinOneYear2023-01-31 09390811core:AfterOneYear2024-01-31 09390811core:AfterOneYear2023-01-31 09390811core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 09390811core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 09390811core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 09390811core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 09390811core:PreviouslyStatedAmount2024-01-31 09390811core:PreviouslyStatedAmount2023-01-31 09390811business:SmallEntities2023-02-012024-01-31 09390811countries:EnglandWales2023-02-012024-01-31 09390811core:MotorVehicles2023-02-012024-01-31 09390811core:FurnitureFittings2023-02-012024-01-31 09390811core:MotorVehicles2023-01-31 09390811core:FurnitureFittings2023-01-31 09390811core:MotorVehicles2024-01-31 09390811core:FurnitureFittings2024-01-31 093908112022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09390811 (England and Wales)
Eagles Builders Limited Unaudited accounts for the year ended 31 January 2024
Eagles Builders Limited Unaudited accounts Contents
Page
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Eagles Builders Limited Company Information for the year ended 31 January 2024
Directors
Edmond Karanxha Elona Reposhi
Company Number
09390811 (England and Wales)
Registered Office
Apex House 2nd Floor Grand Arcade N12 0EH
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Eagles Builders Limited Accountants' report
Accountants' report to the board of directors of Eagles Builders Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 January 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 January 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
29 October 2024
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Eagles Builders Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,501 
14,251 
Current assets
Debtors
40,170 
22,816 
Cash at bank and in hand
7,306 
18,683 
47,476 
41,499 
Creditors: amounts falling due within one year
(36,992)
(42,509)
Net current assets/(liabilities)
10,484 
(1,010)
Total assets less current liabilities
19,985 
13,241 
Creditors: amounts falling due after more than one year
(6,100)
(8,874)
Provisions for liabilities
Deferred tax
(1,568)
(2,418)
Net assets
12,317 
1,949 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,217 
1,849 
Shareholders' funds
12,317 
1,949 
For the 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. 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 29 October 2024 and were signed on its behalf by
Edmond Karanxha Director Company Registration No. 09390811
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Eagles Builders Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Eagles Builders Limited is a private company, limited by shares, registered in England and Wales, registration number 09390811. The registered office is Apex House 2nd Floor , Grand Arcade, N12 0EH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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:
Motor vehicles
Straight Line Method- 20%
Fixtures & fittings
Straight Line Method- 25%
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Eagles Builders Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
23,750 
6,144 
29,894 
At 31 January 2024
23,750 
6,144 
29,894 
Depreciation
At 1 February 2023
9,500 
6,143 
15,643 
Charge for the year
4,750 
- 
4,750 
At 31 January 2024
14,250 
6,143 
20,393 
Net book value
At 31 January 2024
9,500 
1 
9,501 
At 31 January 2023
14,250 
1 
14,251 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,295 
- 
Other debtors
37,875 
22,816 
40,170 
22,816 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
22,492 
33,140 
VAT
- 
(3,003)
Obligations under finance leases and hire purchase contracts
2,773 
2,493 
Trade creditors
1,957 
2,984 
Taxes and social security
8,943 
20,158 
Other creditors
27 
400 
Loans from directors
- 
(14,363)
Accruals
800 
700 
36,992 
42,509 
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Eagles Builders Limited Notes to the Accounts for the year ended 31 January 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
6,100 
8,874 
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
9
Loans to directors
During the year, Director 1 and director 2 owed £6,304 and £6,300 respectively to the company.
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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