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REGISTERED NUMBER: 08475650 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2024

for

Efabric Ltd

Efabric Ltd (Registered number: 08475650)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Efabric Ltd

Company Information
for the Year Ended 30th April 2024







DIRECTORS: R S Chawla
S S Chawla
P K Chawla





REGISTERED OFFICE: 269 Bath Road
Hounslow
Middlesex
TW3 3DA





REGISTERED NUMBER: 08475650 (England and Wales)





ACCOUNTANTS: Aquarius Tax Consultancy Limited
Suite 1B The Beehive
Lions Drive
Shadsworth Business Park
Blackburn
Lancashire
BB1 2QS

Efabric Ltd (Registered number: 08475650)

Balance Sheet
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,945 6,609

CURRENT ASSETS
Stocks 69,216 78,655
Cash at bank and in hand 60,346 38,432
129,562 117,087
CREDITORS
Amounts falling due within one year 5 123,929 115,564
NET CURRENT ASSETS 5,633 1,523
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,578

8,132

PROVISIONS FOR LIABILITIES 1,130 1,289
NET ASSETS 10,448 6,843

CAPITAL AND RESERVES
Called up share capital 500 500
Revaluation reserve 6 5,641 5,641
Retained earnings 4,307 702
10,448 6,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

Efabric Ltd (Registered number: 08475650)

Balance Sheet - continued
30th April 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 16th January 2025 and were signed on its behalf by:





R S Chawla - Director


Efabric Ltd (Registered number: 08475650)

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Efabric 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.

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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Efabric Ltd (Registered number: 08475650)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st May 2023 60,721 7,563 68,284
Additions 625 100 725
At 30th April 2024 61,346 7,663 69,009
DEPRECIATION
At 1st May 2023 56,888 4,787 61,675
Charge for year 669 720 1,389
At 30th April 2024 57,557 5,507 63,064
NET BOOK VALUE
At 30th April 2024 3,789 2,156 5,945
At 30th April 2023 3,833 2,776 6,609

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 3,889 2,213
Taxation and social security 1,564 850
Other creditors 118,476 112,501
123,929 115,564

6. RESERVES
Revaluation
reserve
£   
At 1st May 2023
and 30th April 2024 5,641