Acorah Software Products - Accounts Production 16.1.200 false true 30 March 2023 1 April 2022 false 31 March 2023 30 March 2024 30 March 2024 13667463 Mr Michael Tivey Dr Steven Fawkes Mr Stephen Packer Mr Leo Bedford Ebonstone Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13667463 2023-03-30 13667463 2024-03-30 13667463 2023-03-31 2024-03-30 13667463 frs-core:CurrentFinancialInstruments 2024-03-30 13667463 frs-core:Non-currentFinancialInstruments 2024-03-30 13667463 frs-core:SharePremium 2024-03-30 13667463 frs-core:ShareCapital 2024-03-30 13667463 frs-core:RetainedEarningsAccumulatedLosses 2024-03-30 13667463 frs-bus:PrivateLimitedCompanyLtd 2023-03-31 2024-03-30 13667463 frs-bus:FilletedAccounts 2023-03-31 2024-03-30 13667463 frs-bus:SmallEntities 2023-03-31 2024-03-30 13667463 frs-bus:AuditExempt-NoAccountantsReport 2023-03-31 2024-03-30 13667463 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-31 2024-03-30 13667463 frs-core:CostValuation 2023-03-30 13667463 frs-core:CostValuation 2024-03-30 13667463 frs-core:ProvisionsForImpairmentInvestments 2023-03-30 13667463 frs-core:ProvisionsForImpairmentInvestments 2024-03-30 13667463 frs-bus:Director1 2023-03-31 2024-03-30 13667463 frs-bus:Director2 2023-03-31 2024-03-30 13667463 frs-bus:Director3 2023-03-31 2024-03-30 13667463 frs-bus:Director4 2023-03-31 2024-03-30 13667463 frs-bus:CompanySecretary1 2023-03-31 2024-03-30 13667463 frs-countries:EnglandWales 2023-03-31 2024-03-30 13667463 2022-03-31 13667463 2023-03-30 13667463 2022-04-01 2023-03-30 13667463 frs-core:CurrentFinancialInstruments 2023-03-30 13667463 frs-core:Non-currentFinancialInstruments 2023-03-30 13667463 frs-core:SharePremium 2023-03-30 13667463 frs-core:ShareCapital 2023-03-30 13667463 frs-core:RetainedEarningsAccumulatedLosses 2023-03-30
Registered number: 13667463
Ep Group Corporate Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 March 2024
GMS FC Limited
1 London Road
Ipswich
Suffolk
IP1 2HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13667463
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 3,620,299 3,620,299
3,620,299 3,620,299
CURRENT ASSETS
Debtors 6 1,169,007 1,443,615
Cash at bank and in hand 1,157 763
1,170,164 1,444,378
Creditors: Amounts Falling Due Within One Year 7 (414,008 ) (380,938 )
NET CURRENT ASSETS (LIABILITIES) 756,156 1,063,440
TOTAL ASSETS LESS CURRENT LIABILITIES 4,376,455 4,683,739
Creditors: Amounts Falling Due After More Than One Year 8 (837,500 ) (803,600 )
NET ASSETS 3,538,955 3,880,139
CAPITAL AND RESERVES
Called up share capital 9 835 834
Share premium account 4,556,496 4,556,496
Profit and Loss Account (1,018,376 ) (677,191 )
SHAREHOLDERS' FUNDS 3,538,955 3,880,139
Page 1
Page 2
For the year ending 30 March 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Stephen Packer
Director
22nd December 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ep Group Corporate Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13667463 . The registered office is 13667463 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Investments
Associates
£
Cost
As at 31 March 2023 3,620,299
As at 30 March 2024 3,620,299
Provision
As at 31 March 2023 -
As at 30 March 2024 -
Net Book Value
As at 30 March 2024 3,620,299
As at 31 March 2023 3,620,299
5. Stocks
2024 2023
£ £
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 103,105 440,150
Amounts owed by group undertakings 1,059,885 967,890
Other debtors 6,017 35,575
1,169,007 1,443,615
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 122,184 142,208
Amounts owed to group undertakings 26,533 37,751
Other creditors 265,291 200,979
414,008 380,938
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 837,500 803,600
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 835 834
Page 4