Company Registration No. 10822956 (England and Wales)
Eagle Motion Limited
Unaudited accounts
for the year ended 30 June 2024
Eagle Motion Limited
Unaudited accounts
Contents
Eagle Motion Limited
Company Information
for the year ended 30 June 2024
Company Number
10822956 (England and Wales)
Registered Office
Tednambury Farm
Tednambury
Spellbrook
Bishop's Stortford
Hertfordshire
CM23 4BD
England
Accountants
Coles Accounting (Cambridge) Limited
Newton Hall
Town Street, Newton
Cambridge
Cambridgeshire
CB22 7ZE
Eagle Motion Limited
Statement of financial position
as at 30 June 2024
Tangible assets
1,199
4,786
Cash at bank and in hand
348
348
Creditors: amounts falling due within one year
(374)
(374)
Net current assets
5,368
5,368
Total assets less current liabilities
6,567
10,154
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
6,167
9,500
Shareholders' funds
6,267
9,600
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 18 November 2024 and were signed on its behalf by
Mr R Smith
Director
Company Registration No. 10822956
Eagle Motion Limited
Notes to the Accounts
for the year ended 30 June 2024
Eagle Motion Limited is a private company, limited by shares, registered in England and Wales, registration number 10822956. The registered office is Tednambury Farm, Tednambury, Spellbrook, Bishop's Stortford, Hertfordshire, CM23 4BD, England.
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.
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Eagle Motion Limited
Notes to the Accounts
for the year ended 30 June 2024
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.
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).