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REGISTERED NUMBER: 03022540 (England and Wales)








REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

E.H.L. LTD

E.H.L. LTD (REGISTERED NUMBER: 03022540)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 9


E.H.L. LTD

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTORS: Mrs M E Ul-Haq
Mr N Ul-Haq
Ms T J Alonzo



SECRETARY: Mrs M E Ul-Haq



REGISTERED OFFICE: Unit 7 and 8 Broadstone Hall
Industrial Estate
Gregson Road
Reddish
Greater Manchester
SK5 7SS



REGISTERED NUMBER: 03022540 (England and Wales)



ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD



BANKERS: Barclays Bank Plc
Reddish Road
Stockport
Manchester
SK5 7AA

E.H.L. LTD (REGISTERED NUMBER: 03022540)

REPORT OF THE DIRECTORS
for the Year Ended 31 July 2024

The directors present their report with the financial statements of the company for the year ended 31 July 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the sale of herbs and spices.

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1 August 2023 to the date of this report.

The beneficial interests of the directors holding office at 31 July 2024 in the shares of the company, according to the register of directors' interests, were as follows:

31.7.24 1.8.23
Ordinary B shares of £1 each
Mrs M E Ul-Haq 1 1
Mr N Ul-Haq - -
Ms T J Alonzo - -

Ordinary C shares of £1 each
Mrs M E Ul-Haq - -
Mr N Ul-Haq 1 1
Ms T J Alonzo - -

Ordinary D shares of £1 each
Mrs M E Ul-Haq - 1
Mr N Ul-Haq 1 -
Ms T J Alonzo 1 -

Ordinary E shares of £1 each
Mrs M E Ul-Haq - -
Mr N Ul-Haq - -
Ms T J Alonzo 1 1

Ordinary A shares of £1 each
Mrs M E Ul-Haq 48 2
Mr N Ul-Haq 26 1
Ms T J Alonzo 26 1

These directors did not hold any non-beneficial interests in any of the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs M E Ul-Haq - Director


7 March 2025

E.H.L. LTD (REGISTERED NUMBER: 03022540)

BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 836,840 782,245
836,840 782,245

CURRENT ASSETS
Inventories 6 764,520 779,764
Debtors 7 1,471,943 1,231,384
Cash at bank and in hand 1,836,335 1,494,713
4,072,798 3,505,861
CREDITORS
Amounts falling due within one year 8 (1,821,434 ) (1,534,758 )
NET CURRENT ASSETS 2,251,364 1,971,103
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,088,204

2,753,348

CREDITORS
Amounts falling due after more than one
year

9

(223,579

)

(214,145

)

PROVISIONS FOR LIABILITIES 12 (35,950 ) (18,076 )
NET ASSETS 2,828,675 2,521,127

CAPITAL AND RESERVES
Called up share capital 105 8
Retained earnings 2,828,570 2,521,119
SHAREHOLDERS' FUNDS 2,828,675 2,521,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

E.H.L. LTD (REGISTERED NUMBER: 03022540)

BALANCE SHEET - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by:




Mrs M E Ul-Haq - Director



Mr N Ul-Haq - Director


E.H.L. LTD (REGISTERED NUMBER: 03022540)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

E.H.L. Ltd 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.

E.H.L. LTD (REGISTERED NUMBER: 03022540)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 38 (2023 - 38 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 August 2023
and 31 July 2024 5,133
AMORTISATION
At 1 August 2023
and 31 July 2024 5,133
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

E.H.L. LTD (REGISTERED NUMBER: 03022540)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

5. PROPERTY, PLANT AND EQUIPMENT
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 822,833 429,210 9,700 18,599 1,280,342
Additions - 44,198 57,290 17,497 118,985
At 31 July 2024 822,833 473,408 66,990 36,096 1,399,327
DEPRECIATION
At 1 August 2023 113,335 361,314 4,850 18,598 498,097
Charge for year 16,457 28,022 15,536 4,375 64,390
At 31 July 2024 129,792 389,336 20,386 22,973 562,487
NET BOOK VALUE
At 31 July 2024 693,041 84,072 46,604 13,123 836,840
At 31 July 2023 709,498 67,896 4,850 1 782,245

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2023 12,483 - 12,483
Additions - 57,290 57,290
At 31 July 2024 12,483 57,290 69,773
DEPRECIATION
At 1 August 2023 5,462 - 5,462
Charge for year 1,755 14,323 16,078
At 31 July 2024 7,217 14,323 21,540
NET BOOK VALUE
At 31 July 2024 5,266 42,967 48,233
At 31 July 2023 7,021 - 7,021

6. INVENTORIES
31.7.24 31.7.23
£    £   
Stocks 764,520 779,764

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 1,370,624 1,134,735
Other debtors 101,319 96,649
1,471,943 1,231,384

E.H.L. LTD (REGISTERED NUMBER: 03022540)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 20,411 34,014
Hire purchase contracts (see note 10) 19,776 4,116
Trade creditors 1,555,975 1,363,563
Taxation and social security 218,086 118,749
Other creditors 7,186 14,316
1,821,434 1,534,758

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 192,959 211,952
Hire purchase contracts (see note 10) 30,620 2,193
223,579 214,145

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 121,103 142,586

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.7.24 31.7.23
£    £   
Net obligations repayable:
Within one year 19,776 4,116
Between one and five years 30,620 2,193
50,396 6,309

Non-cancellable operating leases
31.7.24 31.7.23
£    £   
Within one year 111,368 101,866
Between one and five years 2,735 13,677
114,103 115,543

E.H.L. LTD (REGISTERED NUMBER: 03022540)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

11. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Bank loans 213,370 245,966
Hire purchase contracts 50,396 6,309
263,766 252,275

Hire purchase agreements are secured against assets to which they relate.
Bank loans are secured by fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

12. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 35,950 18,076

Deferred
tax
£   
Balance at 1 August 2023 18,076
Accelerated capital allowances 17,874
Balance at 31 July 2024 35,950

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company directors own the property occupied by the company and received rent of £91,000 (2023 : £90,000) during the year.

14. ULTIMATE CONTROLLING PARTY

The company was under the control of its directors throughout the year.