IRIS Accounts Production v24.3.0.553 09203178 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092031782023-03-31092031782024-03-31092031782023-04-012024-03-31092031782022-03-31092031782022-04-012023-03-31092031782023-03-3109203178ns15:EnglandWales2023-04-012024-03-3109203178ns14:PoundSterling2023-04-012024-03-3109203178ns10:Director12023-04-012024-03-3109203178ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109203178ns10:SmallEntities2023-04-012024-03-3109203178ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109203178ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109203178ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109203178ns10:AbridgedAccounts2023-04-012024-03-3109203178ns10:OrdinaryShareClass12023-04-012024-03-3109203178ns10:RegisteredOffice2023-04-012024-03-3109203178ns5:CurrentFinancialInstruments2024-03-3109203178ns5:CurrentFinancialInstruments2023-03-3109203178ns5:Non-currentFinancialInstruments2024-03-3109203178ns5:Non-currentFinancialInstruments2023-03-3109203178ns5:ShareCapital2024-03-3109203178ns5:ShareCapital2023-03-3109203178ns5:RetainedEarningsAccumulatedLosses2024-03-3109203178ns5:RetainedEarningsAccumulatedLosses2023-03-3109203178ns5:PlantMachinery2023-04-012024-03-3109203178ns5:MotorVehicles2023-04-012024-03-3109203178ns5:ComputerEquipment2023-04-012024-03-3109203178ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 09203178 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

EGLINGTON CONSTRUCTION LTD

EGLINGTON CONSTRUCTION LTD (REGISTERED NUMBER: 09203178)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


EGLINGTON CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr D Eglington





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 09203178 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

EGLINGTON CONSTRUCTION LTD (REGISTERED NUMBER: 09203178)

ABRIDGED BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,567 10,599

CURRENT ASSETS
Stocks 10,750 12,600
Debtors 14,063 8,867
Cash at bank 492 62
25,305 21,529
CREDITORS
Amounts falling due within one year 15,011 21,408
NET CURRENT ASSETS 10,294 121
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,861

10,720

CREDITORS
Amounts falling due after more than one year (28,084 ) (7,484 )

PROVISIONS FOR LIABILITIES (4,668 ) (2,014 )
NET ASSETS 2,109 1,222

CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Retained earnings 1,109 222
SHAREHOLDERS' FUNDS 2,109 1,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

EGLINGTON CONSTRUCTION LTD (REGISTERED NUMBER: 09203178)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2024 and were signed by:





Mr D Eglington - Director


EGLINGTON CONSTRUCTION LTD (REGISTERED NUMBER: 09203178)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Eglington Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant, machinery and equipment - 25% straight line
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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


EGLINGTON CONSTRUCTION LTD (REGISTERED NUMBER: 09203178)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 26,298
Additions 31,551
Disposals (22,138 )
At 31 March 2024 35,711
DEPRECIATION
At 1 April 2023 15,699
Charge for year 8,326
Eliminated on disposal (12,881 )
At 31 March 2024 11,144
NET BOOK VALUE
At 31 March 2024 24,567
At 31 March 2023 10,599

EGLINGTON CONSTRUCTION LTD (REGISTERED NUMBER: 09203178)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2023 22,138
Disposals (22,138 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 12,881
Eliminated on disposal (12,881 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 9,257

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

6. CONTROLLING PARTY

The controlling party is Mr D Eglington who holds 90% of the issued share capital of the company.