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REGISTERED NUMBER: 11898463 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Egi & Ukb Ltd

Egi & Ukb Ltd (Registered number: 11898463)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Egi & Ukb Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: G S Hazran





REGISTERED OFFICE: Unit 5 Kelvin Industrial Estate
Greenford
UB6 8GB





REGISTERED NUMBER: 11898463 (England and Wales)





ACCOUNTANTS: Euro Ashfords (UK) Ltd
2nd Floor,
39 Ludgate hill
London
EC4M 7JN

Egi & Ukb Ltd (Registered number: 11898463)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 851,228 250,787

CURRENT ASSETS
Stocks 483,875 480,650
Debtors 5 386,366 801,870
Cash at bank 5,084 29,612
875,325 1,312,132
CREDITORS
Amounts falling due within one year 6 1,422,472 1,080,862
NET CURRENT (LIABILITIES)/ASSETS (547,147 ) 231,270
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,081

482,057

CREDITORS
Amounts falling due after more than one
year

7

-

25,154
NET ASSETS 304,081 456,903

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 303,981 456,803
304,081 456,903

Egi & Ukb Ltd (Registered number: 11898463)

Balance Sheet - continued
31 March 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 24 March 2025 and were signed by:





G S Hazran - Director


Egi & Ukb Ltd (Registered number: 11898463)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Egi & Ukb 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks 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 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.

Hire purchase and leasing commitments
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 28 (2023 - 27 ) .

Egi & Ukb Ltd (Registered number: 11898463)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 559,403
Additions 907,538
Disposals (28,070 )
At 31 March 2024 1,438,871
DEPRECIATION
At 1 April 2023 308,616
Charge for year 279,027
At 31 March 2024 587,643
NET BOOK VALUE
At 31 March 2024 851,228
At 31 March 2023 250,787

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 189,676 801,495
Amounts owed by participating interests 51,212 375
Other debtors 145,478 -
386,366 801,870

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 10,648
Trade creditors 446,669 283,285
Amounts owed to participating interests 566,577 247,478
Taxation and social security 201,607 409,853
Other creditors 207,619 129,598
1,422,472 1,080,862

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 25,154

Egi & Ukb Ltd (Registered number: 11898463)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
G S Hazran
Balance outstanding at start of year - -
Amounts advanced - 74,313
Amounts repaid (143,751 ) (74,313 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (143,751 ) -

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed to related party company Euro Group Properties Ltd £72,922 (2022:£46,648).

At the balance sheet date, the company owed to related party company Euro Group Industries Ltd- : £493,655 (2023: £200,826).

At the balance sheet date, the company is owed by related party company EGI Interiors Ltd- £nil (2023: £375).

At the balance sheet date, the company is owed by related party company EG Residentials Ltd £12,300 (2023:nil).

At the balance sheet date, the company is owed by related party company EG Investments Ltd £38,912 (2023:nil).

All the above loans due to/(from) related parties are interest free and repayable on demand.
All the above companies are related through common director.

10. ULTIMATE CONTROLLING PARTY

The controlling party is G S Hazran.