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REGISTERED NUMBER: 04248555 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

EAST BROS. (HOLDINGS) LIMITED

EAST BROS. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04248555)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EAST BROS. (HOLDINGS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: R East
A C East
M J Gilbert





REGISTERED OFFICE: The Sawmills
West Dean
Salisbury
Wiltshire
SP5 1JA





REGISTERED NUMBER: 04248555 (England and Wales)





ACCOUNTANTS: Fawcetts LLP
Chartered Accountants
Windover House
St. Ann Street
Salisbury
SP1 2DR

EAST BROS. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04248555)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 247,707 300,190
Investments 5 943,119 837,641
1,190,826 1,137,831

CURRENT ASSETS
Debtors 6 1,403,960 1,351,361
Cash at bank 31,461 36,915
1,435,421 1,388,276
CREDITORS
Amounts falling due within one year 7 58,536 43,413
NET CURRENT ASSETS 1,376,885 1,344,863
TOTAL ASSETS LESS CURRENT LIABILITIES 2,567,711 2,482,694

CREDITORS
Amounts falling due after more than one
year

8

(82,500

)

-

PROVISIONS FOR LIABILITIES (108,090 ) (109,470 )
NET ASSETS 2,377,121 2,373,224

CAPITAL AND RESERVES
Called up share capital 9 7,895 7,895
Share premium 10 61,880 61,880
Capital redemption reserve 10 2,425 2,425
Fair value reserve 10 260,315 197,918
Retained earnings 10 2,044,606 2,103,106
2,377,121 2,373,224

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

EAST BROS. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04248555)

BALANCE SHEET - continued
31 AUGUST 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2024 and were signed on its behalf by:




M J Gilbert - Director



A C East - Director


EAST BROS. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04248555)

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


1. STATUTORY INFORMATION

East Bros. (Holdings) Limited 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.

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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis and are presented in Sterling (£) which is the functional currency of the company.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Preparation of consolidated financial statements
The financial statements contain information about East Bros. (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT. All income is recognised in the period to which it relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Not depreciated and Straight line over 50 years
Plant and machinery etc - 25% on cost, 25% on reducing balance and 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


EAST BROS. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04248555)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 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.

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.

Fixed asset investments
Investments are initially measured at transaction price excluding transaction costs, and are subsequently
measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss.
Transaction costs are expensed to profit or loss as incurred.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss (if any).

Debtors
Debtors are measured at their recoverable amount.

Creditors
Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

EAST BROS. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04248555)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 September 2023 382,238 1,820,766 1,601 257,747 2,462,352
Disposals - (24,325 ) - - (24,325 )
At 31 August 2024 382,238 1,796,441 1,601 257,747 2,438,027
DEPRECIATION
At 1 September 2023 283,102 1,644,629 1,544 232,887 2,162,162
Charge for year 10,340 35,229 6 6,215 51,790
Eliminated on disposal - (23,632 ) - - (23,632 )
At 31 August 2024 293,442 1,656,226 1,550 239,102 2,190,320
NET BOOK VALUE
At 31 August 2024 88,796 140,215 51 18,645 247,707
At 31 August 2023 99,136 176,137 57 24,860 300,190

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 September 2023 10,000 827,641 837,641
Additions - 83,819 83,819
Disposals - (56,118 ) (56,118 )
Revaluations - 77,777 77,777
At 31 August 2024 10,000 933,119 943,119
NET BOOK VALUE
At 31 August 2024 10,000 933,119 943,119
At 31 August 2023 10,000 827,641 837,641

Cost or valuation at 31 August 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2024 10,000 933,119 943,119

EAST BROS. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04248555)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,000 18,000
Amounts owed by group undertakings 1,355,660 1,280,061
Other debtors 30,300 53,300
1,403,960 1,351,361

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 36 101
Taxation and social security - 43,312
Other creditors 58,500 -
58,536 43,413

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 82,500 -

9. CALLED UP SHARE CAPITAL

Ordinary share capital 2024 2023 2024 2023
issued and fully paid Number Number £    £   

Ordinary A shares of £1 each 1,982 1,982 1,982 1,982
Ordinary B shares of £1 each 1,982 1,982 1,982 1,982
Ordinary C shares of £1 each 1,845 1,845 1,845 1,845
Ordinary D shares of £1 each 1,845 1,845 1,845 1,845
Ordinary F shares of £1 each 241 241 241 241

Total 7,895 7,895 7,895 7,895

The shares shall each carry full voting rights and rank pari passu in all respects except in relation to dividends.

All shares shall rank separately with regard to the entitlement to dividend such that the directors may at any
time resolve to declare or recommend a dividend on one or more class of share and not on the other class or
classes.

EAST BROS. (HOLDINGS) LIMITED (REGISTERED NUMBER: 04248555)

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


10. RESERVES
Capital Fair
Retained Share redemption value
earnings premium reserve reserve Totals
£    £    £    £    £   

At 1 September 2023 2,103,106 61,880 2,425 197,918 2,365,329
Profit for the year 103,897 103,897
Dividends (100,000 ) (100,000 )
Transfer (62,397 ) - - 62,397 -
At 31 August 2024 2,044,606 61,880 2,425 260,315 2,369,226

11. RELATED PARTY DISCLOSURES

At the year end the company owed a former director £1,000 (2023 - owed to the company £23,000).

12. ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.