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REGISTERED NUMBER: 15048048 (England and Wales)















Financial Statements for the Period 3 August 2023 to 30 April 2024

for

EBSE Holdings Limited

EBSE Holdings Limited (Registered number: 15048048)






Contents of the Financial Statements
for the Period 3 August 2023 to 30 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


EBSE Holdings Limited (Registered number: 15048048)

Balance Sheet
30 April 2024

Notes £    £   
FIXED ASSETS
Investments 4 3,618,816

CREDITORS
Amounts falling due within one year 5 1,191,265
NET CURRENT LIABILITIES (1,191,265 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,427,551

CREDITORS
Amounts falling due after more than one
year

6

2,282,960
NET ASSETS 144,591

CAPITAL AND RESERVES
Called up share capital 225,023
Retained earnings (80,432 )
144,591

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 22 January 2025 and were signed on its behalf by:





N A Munday - Director


EBSE Holdings Limited (Registered number: 15048048)

Notes to the Financial Statements
for the Period 3 August 2023 to 30 April 2024

1. STATUTORY INFORMATION

EBSE Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 15048048

Registered office: Unit E1
Nepshaw Lane South
Gildersome
Leeds
West Yorkshire
LS27 7JQ

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about EBSE 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.

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

Taxation
Taxation for the period 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 period 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 period was NIL.

EBSE Holdings Limited (Registered number: 15048048)

Notes to the Financial Statements - continued
for the Period 3 August 2023 to 30 April 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 3,618,816
At 30 April 2024 3,618,816
NET BOOK VALUE
At 30 April 2024 3,618,816

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 1,110,833
Other creditors 80,432
1,191,265

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 2,282,960

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Debentures more 5yr non-instal 1,357,960
Other loans more 5yrs non-inst 925,000
2,282,960

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Investor loan 925,000
Loan notes 1,357,960
2,282,960

The investor loan is secured by way of a secured loan agreement entered into on 21 September 2023 between the lender, the company, and the target company (subsidiary).

The loan notes are secured by way of a debenture dated 21 September 2023 registered at Companies House on 22 September 2023.

EBSE Holdings Limited (Registered number: 15048048)

Notes to the Financial Statements - continued
for the Period 3 August 2023 to 30 April 2024

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Darren John Metcalfe FCCA (Senior Statutory Auditor)
for and on behalf of Frank W Dobby & Co Limited

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. SUBSEQUENT EVENTS

By mutual agreement, the investor loan, which has a repayment date of 21 September 2030 has been partially repaid in the period from the balance sheet date and up to the date of signing of the financial statements. The amount repaid in the subsequent period is £270,000.

By mutual agreement, the loan notes, which similarly have a longstop repayment date of 21 September 2030 have been partially redeemed in the period from the balance sheet date and up to the date of signing of the financial statements. The amount redeemed in the subsequent period is £129,200.

The company entered into a grant of EMI share options on 24 October 2024.