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REGISTERED NUMBER: 08782582 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 November 2023

for

EPG BUSINESS LIMITED

EPG BUSINESS LIMITED (REGISTERED NUMBER: 08782582)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


EPG BUSINESS LIMITED (REGISTERED NUMBER: 08782582)

Balance Sheet
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 86,091 45,785

CURRENT ASSETS
Debtors 5 1,868,160 1,006,776
Cash at bank and in hand 2,185,098 1,491,543
4,053,258 2,498,319
CREDITORS
Amounts falling due within one year 6 3,695,107 2,239,055
NET CURRENT ASSETS 358,151 259,264
TOTAL ASSETS LESS CURRENT
LIABILITIES

444,242

305,049

PROVISIONS FOR LIABILITIES 7 6,132 8,699
NET ASSETS 438,110 296,350

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 438,010 296,250
SHAREHOLDERS' FUNDS 438,110 296,350

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by:





Mr P Buck - Director


EPG BUSINESS LIMITED (REGISTERED NUMBER: 08782582)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

EPG Business Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08782582

Registered office: 1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

EPG BUSINESS LIMITED (REGISTERED NUMBER: 08782582)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2022 - 30 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022 - 57,175 34,259 91,434
Additions 52,012 9,378 1,203 62,593
Disposals - - (2,650 ) (2,650 )
At 30 November 2023 52,012 66,553 32,812 151,377
DEPRECIATION
At 1 December 2022 - 31,931 13,718 45,649
Charge for year 5,741 10,868 5,654 22,263
Eliminated on disposal - - (2,626 ) (2,626 )
At 30 November 2023 5,741 42,799 16,746 65,286
NET BOOK VALUE
At 30 November 2023 46,271 23,754 16,066 86,091
At 30 November 2022 - 25,244 20,541 45,785

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 956,695 539,669
Other debtors 911,465 467,107
1,868,160 1,006,776

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 944 1,654
Trade creditors 130,567 136,710
Taxation and social security 212,955 125,349
Other creditors 3,350,641 1,975,342
3,695,107 2,239,055

7. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax
Accelerated capital allowances 6,132 8,699

EPG BUSINESS LIMITED (REGISTERED NUMBER: 08782582)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 8,699
Provided during year (2,567 )
Balance at 30 November 2023 6,132

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
Mr P Buck
Balance outstanding at start of year 243,482 152,717
Amounts advanced 147,858 110,115
Amounts repaid (26,354 ) (19,350 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 364,986 243,482

10. RELATED PARTY DISCLOSURES

EPG Business Limited is a wholly owned subsidiary of EPG Corporate Limited.