Registered number
08622993
Ebauche Ltd
Filleted Accounts
31 January 2025
Ebauche Ltd
Registered number: 08622993
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 4,788 5,472
Tangible assets 4 50,745 61,170
Investments 5 37 37
55,570 66,679
Current assets
Stocks 34,835 74,890
Debtors 6 360,343 212,652
Cash at bank and in hand 22,280 10,038
417,458 297,580
Creditors: amounts falling due within one year 7 (320,266) (263,959)
Net current assets 97,192 33,621
Total assets less current liabilities 152,762 100,300
Creditors: amounts falling due after more than one year 8 (85,141) (89,433)
Net assets 67,621 10,867
Capital and reserves
Called up share capital 100 100
Profit and loss account 67,521 10,767
Shareholders' funds 67,621 10,867
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Richard Saffer
Director
Approved by the board on 7 May 2025
Ebauche Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Website:
Cost
At 1 February 2024 6,840
At 31 January 2025 6,840
Amortisation
At 1 February 2024 1,368
Provided during the year 684
At 31 January 2025 2,052
Net book value
At 31 January 2025 4,788
At 31 January 2024 5,472
Website is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 February 2024 19,240 90,298 109,538
Additions 92 - 92
At 31 January 2025 19,332 90,298 109,630
Depreciation
At 1 February 2024 13,754 34,614 48,368
Charge for the year 1,380 9,137 10,517
At 31 January 2025 15,134 43,751 58,885
Net book value
At 31 January 2025 4,198 46,547 50,745
At 31 January 2024 5,486 55,684 61,170
5 Investments
Other
investments
£
Cost
At 1 February 2024 37
At 31 January 2025 37
6 Debtors 2025 2024
£ £
Trade debtors 231,296 97,803
Other debtors 129,047 114,849
360,343 212,652
7 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 45,330 9,840
Obligations under finance lease and hire purchase contracts 14,070 14,070
Trade creditors 30,949 42,155
Taxation and social security costs 80,493 63,574
Other creditors 149,424 134,320
320,266 263,959
8 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 40,770 30,957
Obligations under finance lease and hire purchase contracts 44,371 58,476
85,141 89,433
9 Loans 2025 2024
£ £
Creditors include:
Secured bank loans 163,472 120,904
The loans are secured by the personal guarantees of R Saffer and L Milne.
10 Other information
Ebauche Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Ckw Chartered Certified Accountants
469 Kingsway
Manchester
M19 1NR
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