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REGISTERED NUMBER: 04389922 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 APRIL 2024

FOR

M.S. EALHAM LIMITED

M.S. EALHAM LIMITED (REGISTERED NUMBER: 04389922)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M.S. EALHAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 APRIL 2024







DIRECTORS: M J Ealham
B S Ealham





SECRETARY: Mrs C Ealham





REGISTERED OFFICE: Cobden House
Main Road
Sellindge
Ashford
Kent
TN25 6EQ





REGISTERED NUMBER: 04389922 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Invicta Business Centre
Monument Way
Orbital Park
Ashford
Kent
TN24 0HB

M.S. EALHAM LIMITED (REGISTERED NUMBER: 04389922)

BALANCE SHEET
29 APRIL 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 6,527 10,330

CURRENT ASSETS
Stocks 21,075 21,075
Debtors 6 28,323 37,230
Cash at bank 4,729 30,534
54,127 88,839
CREDITORS
Amounts falling due within one year 7 77,602 113,477
NET CURRENT LIABILITIES (23,475 ) (24,638 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,948

)

(14,308

)

CREDITORS
Amounts falling due after more than one
year

8

14,607

25,367
NET LIABILITIES (31,555 ) (39,675 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (31,655 ) (39,775 )
(31,555 ) (39,675 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 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.

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 22 April 2025 and were signed on its behalf by:



M J Ealham - Director



B S Ealham - Director


M.S. EALHAM LIMITED (REGISTERED NUMBER: 04389922)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024

1. STATUTORY INFORMATION

M.S. Ealham 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 and 20% on a straight line basis

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Going concern
The company's performance in 2023 has remained impacted and there is still a difficult trading situation. Despite the difficult trading conditions the Directors are still of the opinion that the company remains a going concern.

M.S. EALHAM LIMITED (REGISTERED NUMBER: 04389922)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 30 April 2023 5,533 52,028 57,561
Disposals - (13,833 ) (13,833 )
At 29 April 2024 5,533 38,195 43,728
DEPRECIATION
At 30 April 2023 5,290 41,941 47,231
Charge for year 243 2,176 2,419
Eliminated on disposal - (12,449 ) (12,449 )
At 29 April 2024 5,533 31,668 37,201
NET BOOK VALUE
At 29 April 2024 - 6,527 6,527
At 29 April 2023 243 10,087 10,330

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,080 34,595
Other debtors 2,243 2,635
28,323 37,230

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,843 9,843
Trade creditors 11,796 54,920
Taxation and social security 12,733 8,041
Other creditors 43,230 40,673
77,602 113,477

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 13,367 23,404
Taxation and social security 1,240 1,963
14,607 25,367