Registered Number:06901525 |
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2024
Eight Building Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Eight Building Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
26,736
34,487
2
26,736
34,487
54,852
10,080
3
Trade and other receivables |
51,630
50,168
4
115,456
Cash and cash equivalents |
175,767
236,015
221,938
Trade and other payables: amounts falling due within one |
year |
(139,968)
(123,655)
5
81,970
112,360
Net current assets
Total assets less current liabilities |
139,096
116,457
Trade and other payables: amounts falling due after more |
than one year |
(24,161)
(13,274)
6
(5,080)
(6,552)
Provisions for liabilities |
120,742
Net assets
85,744
1
1
120,741
85,743
120,742
85,744
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 30 June 2024
Eight Building Limited
Statement of Financial Position Continued
Mr Marcus Mckenzie Director |
These financial statements were approved and authorised for issue by the Board on 25 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 June 2024
Eight Building Limited
Notes to the Financial Statements
Statutory Information
Eight Building Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 06901525. |
Raynham House Furze Hill
The Sands
Farnham
Surrey
GU10 1PS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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For the year ended 30 June 2024
Eight Building Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
78,360
4,993
72,532
835
(1,005)
-
-
(1,005)
835
72,532
3,988
77,355
Provision for depreciation and impairment |
43,873
2,899
40,843
131
Charge for year
7,751
1,329
6,338
84
(1,005)
(1,005)
-
-
50,619
3,223
47,181
215
620
25,351
765
26,736
704
31,689
2,094
34,487
2023
2024
10,080
54,852
4. Trade and other receivables |
2023
2024
45,692
34,846
4,476
16,784
51,630
50,168
5. Trade and other payables: amounts falling due within one year |
2023
2024
10,000
10,000
50,291
93,040
Taxation and social security |
61,176
30,912
2,188
6,016
123,655
139,968
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For the year ended 30 June 2024
Eight Building Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
13,274
23,204
-
957
13,274
24,161
7. Guarantees and other financial commitments |
8. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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