Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12317569 2022-12-01 2023-11-30 12317569 2021-12-01 2022-11-30 12317569 2023-11-30 12317569 2022-11-30 12317569 c:Director1 2022-12-01 2023-11-30 12317569 d:ComputerEquipment 2022-12-01 2023-11-30 12317569 d:ComputerEquipment 2023-11-30 12317569 d:ComputerEquipment 2022-11-30 12317569 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 12317569 d:CurrentFinancialInstruments 2023-11-30 12317569 d:CurrentFinancialInstruments 2022-11-30 12317569 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 12317569 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 12317569 d:ShareCapital 2023-11-30 12317569 d:ShareCapital 2022-11-30 12317569 d:RetainedEarningsAccumulatedLosses 2023-11-30 12317569 d:RetainedEarningsAccumulatedLosses 2022-11-30 12317569 c:OrdinaryShareClass1 2022-12-01 2023-11-30 12317569 c:OrdinaryShareClass1 2023-11-30 12317569 c:OrdinaryShareClass1 2022-11-30 12317569 c:FRS102 2022-12-01 2023-11-30 12317569 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12317569 c:FullAccounts 2022-12-01 2023-11-30 12317569 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12317569 6 2022-12-01 2023-11-30 12317569 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12317569









E&G INVESTMENT GROUP LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
E&G INVESTMENT GROUP LTD
REGISTERED NUMBER: 12317569

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,615
827

Investments
 5 
-
167,000

  
1,615
167,827

Current assets
  

Debtors: amounts falling due within one year
 6 
4,735
51,518

Cash at bank and in hand
 7 
47,097
82,488

  
51,832
134,006

Creditors: amounts falling due within one year
 8 
(3,870)
(55,518)

Net current assets
  
 
 
47,962
 
 
78,488

Total assets less current liabilities
  
49,577
246,315

  

Net assets
  
49,577
246,315


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
49,477
246,215

  
49,577
246,315


Page 1

 
E&G INVESTMENT GROUP LTD
REGISTERED NUMBER: 12317569
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2024.




S Peltz
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
E&G INVESTMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

E&G Investment Group Limited is a private company limited by shares incorparated in England and Wales (Registered number 12317569). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.
The principle activity of the company is that of provision of real estate agency services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
E&G INVESTMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%
straight-line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
E&G INVESTMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

3.


Employees



The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 December 2022
2,255


Additions
1,681



At 30 November 2023

3,936



Depreciation


At 1 December 2022
1,428


Charge for the year on owned assets
893



At 30 November 2023

2,321



Net book value



At 30 November 2023
1,615



At 30 November 2022
827


5.


Fixed asset investments





Unlisted investments
Other fixed asset investments
Total

£
£
£





At 1 December 2022
165,000
2,000
167,000


Disposals
(165,000)
(2,000)
(167,000)



At 30 November 2023
-
-
-




Page 5

 
E&G INVESTMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Debtors

2023
2022
£
£


Other debtors
4,735
51,518

4,735
51,518



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
47,097
82,488

47,097
82,488



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
679
7,844

Other creditors
191
45,174

Accruals and deferred income
3,000
2,500

3,870
55,518



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,000 (2022 - 1,000) ordinary shares of £0.10 each
100
100


Page 6