Company Registration No. 07501916 (England and Wales)
EAGLE FLY LTD
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
EAGLE FLY LTD
Unaudited accounts
Contents
EAGLE FLY LTD
Company Information
for the period from 1 March 2023 to 28 February 2024
Company Number
07501916 (England and Wales)
Registered Office
1002 Duckman Tower
3 Lincoln Plaza
London
E14 9BL
EAGLE FLY LTD
Statement of financial position
as at 28 February 2024
Tangible assets
53,444
56,855
Inventories
491,777
1,046,777
Cash at bank and in hand
26,317
158,576
Creditors: amounts falling due within one year
(965,722)
(1,295,913)
Net current assets
157,594
133,702
Net assets
211,038
190,557
Called up share capital
1,000
1,000
Profit and loss account
210,038
189,557
Shareholders' funds
211,038
190,557
For the period ending 28 February 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 29 November 2024 and were signed on its behalf by
LIYAN ZHAO
Director
Company Registration No. 07501916
EAGLE FLY LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
EAGLE FLY LTD is a private company, limited by shares, registered in England and Wales, registration number 07501916. The registered office is 1002 Duckman Tower, 3 Lincoln Plaza, London, E14 9BL.
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 period, 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 and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
8% Reducing Balance (special pool)
Computer equipment
25% straight line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
78,470
2,941
81,411
At 28 February 2024
78,470
2,941
81,411
At 1 March 2023
21,615
2,941
24,556
Charge for the period
3,411
-
3,411
At 28 February 2024
25,026
2,941
27,967
At 28 February 2024
53,444
-
53,444
At 28 February 2023
56,855
-
56,855
EAGLE FLY LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,200
13,943
Taxes and social security
16,335
18,087
Other creditors
78,339
129,711
Loans from directors
866,848
1,134,172
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Average number of employees
During the period the average number of employees was 4 (2023: 4).