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REGISTERED NUMBER: 07209796 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

EAST AND BADIA LIMITED

EAST AND BADIA LIMITED (REGISTERED NUMBER: 07209796)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EAST AND BADIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: C A East MB BS FRCS
L Badia FRCS





REGISTERED OFFICE: 101 Eaton Terrace
London
SW1W 8TW





REGISTERED NUMBER: 07209796 (England and Wales)





ACCOUNTANTS: Arithma LLP
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

EAST AND BADIA LIMITED (REGISTERED NUMBER: 07209796)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 67,999 19,235
67,999 19,235

CURRENT ASSETS
Debtors 6 38,242 551,797
Cash at bank 229,830 208,057
268,072 759,854
CREDITORS
Amounts falling due within one year 7 132,583 586,372
NET CURRENT ASSETS 135,489 173,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,488

192,717

CREDITORS
Amounts falling due after more than one
year

8

(15,000

)

(25,000

)

PROVISIONS FOR LIABILITIES (4,081 ) (4,784 )
NET ASSETS 184,407 162,933

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9 184,406 162,932
SHAREHOLDERS' FUNDS 184,407 162,933

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

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 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.

EAST AND BADIA LIMITED (REGISTERED NUMBER: 07209796)

BALANCE SHEET - continued
30 JUNE 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 5 March 2025 and were signed on its behalf by:





L Badia FRCS - Director


EAST AND BADIA LIMITED (REGISTERED NUMBER: 07209796)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

East And Badia Limited 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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

EAST AND BADIA LIMITED (REGISTERED NUMBER: 07209796)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 540,000
AMORTISATION
At 1 July 2023
and 30 June 2024 540,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 79,530
Additions 63,041
At 30 June 2024 142,571
DEPRECIATION
At 1 July 2023 60,295
Charge for year 14,277
At 30 June 2024 74,572
NET BOOK VALUE
At 30 June 2024 67,999
At 30 June 2023 19,235

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,336 90,337
Other debtors 11,906 461,460
38,242 551,797

EAST AND BADIA LIMITED (REGISTERED NUMBER: 07209796)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors - 14,193
Taxation and social security 10,762 9,615
Other creditors 111,821 552,564
132,583 586,372

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 15,000 25,000

9. RESERVES
Retained
earnings
£   

At 1 July 2023 162,932
Profit for the year 23,474
Dividends (2,000 )
At 30 June 2024 184,406

10. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £1,320 (2023 - £5,057 - debtor) to C A East and L Badia. Interest totalling £127 (2023 - £824) was charged to the directors for the period.

The company was owed £6,254 (2022 - £4,946 - creditor) by Best Nose LImited, a company in which L Badia is a shareholder and director.

The company paid the directors dividends totalling £2,000 (2023 - £60,000) for the year.

11. COMMERCIAL INCENTIVE SCHEME

By a Deed of Adherence the Company adhered to a Commercial Incentive Scheme.

During the accounting period the Company contributed £1,271,600 to the Commercial Incentive Scheme.