Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31No description of principal activity2023-08-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10276788 2023-08-01 2024-07-31 10276788 2022-08-01 2023-07-31 10276788 2024-07-31 10276788 2023-07-31 10276788 c:Director1 2023-08-01 2024-07-31 10276788 c:Director2 2023-08-01 2024-07-31 10276788 d:Buildings 2023-08-01 2024-07-31 10276788 d:Buildings 2024-07-31 10276788 d:Buildings 2023-07-31 10276788 d:Buildings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10276788 d:PlantMachinery 2023-08-01 2024-07-31 10276788 d:PlantMachinery 2024-07-31 10276788 d:PlantMachinery 2023-07-31 10276788 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10276788 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10276788 d:CurrentFinancialInstruments 2024-07-31 10276788 d:CurrentFinancialInstruments 2023-07-31 10276788 d:Non-currentFinancialInstruments 2024-07-31 10276788 d:Non-currentFinancialInstruments 2023-07-31 10276788 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 10276788 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10276788 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 10276788 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 10276788 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-07-31 10276788 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-07-31 10276788 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-07-31 10276788 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-07-31 10276788 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-07-31 10276788 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-07-31 10276788 d:ShareCapital 2024-07-31 10276788 d:ShareCapital 2023-07-31 10276788 d:RetainedEarningsAccumulatedLosses 2024-07-31 10276788 d:RetainedEarningsAccumulatedLosses 2023-07-31 10276788 c:FRS102 2023-08-01 2024-07-31 10276788 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10276788 c:FullAccounts 2023-08-01 2024-07-31 10276788 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10276788 d:Subsidiary1 2023-08-01 2024-07-31 10276788 d:Subsidiary1 1 2023-08-01 2024-07-31 10276788 d:Subsidiary2 2023-08-01 2024-07-31 10276788 d:Subsidiary2 1 2023-08-01 2024-07-31 10276788 6 2023-08-01 2024-07-31 10276788 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 10276788










EBENEZER GROUP LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
EBENEZER GROUP LTD
REGISTERED NUMBER: 10276788

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
974,952
1,013,315

Investments
 5 
200
200

  
975,152
1,013,515

Current assets
  

Debtors: amounts falling due within one year
 6 
2,930
5,092

Bank and cash balances
  
9,673
8,943

  
12,603
14,035

Creditors: amounts falling due within one year
 7 
(747,243)
(796,831)

Net current liabilities
  
 
 
(734,640)
 
 
(782,796)

Total assets less current liabilities
  
240,512
230,719

Creditors: amounts falling due after more than one year
 8 
(208,418)
(206,222)

Provisions for liabilities
  

Deferred tax
  
(24,756)
(20,976)

Net assets
  
7,338
3,521


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
7,238
3,421

  
7,338
3,521


Page 1

 
EBENEZER GROUP LTD
REGISTERED NUMBER: 10276788
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The directors consider 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 directors acknowledge their 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 by: 




................................................
Mr I Smith
................................................
Mrs R Smith
Director
Director


Date: 20 December 2024
Date:20 December 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
EBENEZER GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Ebenezer Group Ltd (“the company”) is a private company limited by shares incorporated in England and Wales under the Companies Act.
The registered number and address of the registered office is given in the company information.
The functional and presentational currency of the company is pounds sterling (£) and rounded to the
nearest whole pound.

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

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon an improvement in the company's trading position and continued financial support from its directors and shareholders. The financial statements do not include any adjustments that would result if such support is not continuing.

 
2.3

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.

Page 3

 
EBENEZER GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.4

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.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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:

Freehold property
-
4%
straight-line depreciation
Plant and machinery
-
20%
on reducing balance

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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.

 
2.7

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.

Page 4

 
EBENEZER GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Investments in non-derivative instruments that are equity to the issuer are measured:
at fair value with changes recognised in the Statement of Comprehensive Income if the shares are publicly traded or their fair value can otherwise be measured reliably;
at cost less impairment for all other investments.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.9

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 5

 
EBENEZER GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.10

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.12

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.13

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 6

 
EBENEZER GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Freehold property
Plant and machinery
Total

£
£
£



Cost


At 1 August 2023
1,116,333
20,836
1,137,169


Additions
-
11,901
11,901



At 31 July 2024

1,116,333
32,737
1,149,070



Depreciation


At 1 August 2023
119,133
4,721
123,854


Charge for the year on owned assets
44,653
5,611
50,264



At 31 July 2024

163,786
10,332
174,118



Net book value



At 31 July 2024
952,547
22,405
974,952



At 31 July 2023
997,200
16,115
1,013,315


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 August 2023
200



At 31 July 2024
200





Subsidiary undertakings


The following were subsidiary undertakings of the company:

Name

Class of shares

Holding

Peterborough Funeral Services Limited
Ordinary
89%
Moore Extras Limited
Ordinary
100%

Page 7

 
EBENEZER GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Debtors

2024
2023
£
£


Other debtors
2,930
5,092

2,930
5,092



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
6,023
9,889

Trade creditors
2,028
6,136

Amounts owed to group undertakings
535,697
439,206

Other creditors
196,845
335,200

Accruals and deferred income
6,650
6,400

747,243
796,831


Bank loans of £6,023 (2023: £9,889) due within one year are secured against the assets of the group.
Amounds owed to group undertakings are unsecured, interest free and repayable on demand.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
208,418
206,222

208,418
206,222


Bank loans of £208,418 (2023: £206,222) due after more than one year are secured against the assets of the group.

Page 8

 
EBENEZER GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,023
9,889

Amounts falling due 1-2 years

Bank loans
6,023
9,889

Amounts falling due 2-5 years

Bank loans
18,068
29,668

Amounts falling due after more than 5 years

Bank loans
184,327
166,665

214,441
216,111



10.


Related party transactions

Included within other creditors due within one year is a balance due to the directors of the company of £196,745 (2023: £335,100). This balance is interest free, unsecured and repayable on demand.

 
Page 9