Company Registration No. 06924836 (England and Wales)
English Eccentrics Limited
Unaudited accounts
for the year ended 30 June 2024
English Eccentrics Limited
Unaudited accounts
Contents
English Eccentrics Limited
Company Information
for the year ended 30 June 2024
Company Number
06924836 (England and Wales)
Registered Office
10B BOND STREET
BRIGHTON
BN1 1RD
English Eccentrics Limited
Statement of financial position
as at 30 June 2024
Creditors: amounts falling due within one year
(8,107)
(7,980)
Net current assets
29,226
35,498
Total assets less current liabilities
29,470
36,091
Creditors: amounts falling due after more than one year
(29,352)
(35,835)
Called up share capital
100
100
Profit and loss account
18
156
Shareholders' funds
118
256
For the year ending 30 June 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 January 2025 and were signed on its behalf by
Michelle Scott
Director
Company Registration No. 06924836
English Eccentrics Limited
Notes to the Accounts
for the year ended 30 June 2024
English Eccentrics Limited is a private company, limited by shares, registered in England and Wales, registration number 06924836. The registered office is 10B BOND STREET, BRIGHTON, BN1 1RD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum straight line
Other tangible fixed assets
20% per annum straight line
Stocks and work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is determined on a first in, first out basis. Net realisable value is based on estimated selling price, less any further costs of realisation.
Rentals applicable to operating leases where substantially all of the benefits of risk of ownership remain with the lessor are charged to the profit and loss account as incurred.
Deferred tax has been provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
English Eccentrics Limited
Notes to the Accounts
for the year ended 30 June 2024
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Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
10,420
10,338
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
34,322
32,791
Taxes and social security
20,822
23,867
Other creditors
6,215
23,690
Loans from directors
(53,252)
(72,368)
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Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn directors loan
72,368
25,884
45,000
53,252
72,368
25,884
45,000
53,252
The directors loan is overdrawn at the end of the year - interest has been charged on this loan
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).