REGISTERED NUMBER: 09003439 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

EAV GROUP LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S J Spencer

REGISTERED OFFICE:

Unit 3 Jacks Park

Cinque Ports Road

New Romney

Kent

TN28 8AN

REGISTERED NUMBER:

09003439 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Tangible assets

4

115,849

117,180

CURRENT ASSETS

Stocks

5

118,966

74,375

Debtors

6

55,208

14,799

Cash at bank

15,154

6,710

189,328

95,884

CREDITORS

Amounts falling due within one year

7

259,204

113,853

NET CURRENT LIABILITIES

(69,876

)

(17,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

45,973

99,211

CREDITORS

Amounts falling due after more than one year

8

(56,724

)

(84,894

)

PROVISIONS FOR LIABILITIES

10

(4,276

)

(22,264

)

NET LIABILITIES

(15,027

)

(7,947

)

CAPITAL AND RESERVES

Called up share capital

11

221

221

Retained earnings

(15,248

)

(8,168

)

SHAREHOLDERS' FUNDS

(15,027

)

(7,947

)

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 May 2025 and were signed by:

Mr S J Spencer - Director

1.	STATUTORY INFORMATION

EAV Group 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.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Straight line over 10 years

Plant and machinery

-

25% on reducing balance and Straight line over 3 years

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

GOING CONCERN

The financial statements have been prepared on the going concern basis based on the continued support of the company's creditors which, in the opinion of the directors, the company has for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

Cost

At 1 July 2023

5,985

42,832

67,900

Additions

-

40,136

553

Disposals

-

-

-

At 30 June 2024

5,985

82,968

68,453

Depreciation

At 1 July 2023

3,721

28,074

56,988

Charge for year

599

9,504

2,797

Eliminated on disposal

-

-

-

At 30 June 2024

4,320

37,578

59,785

Net book value

At 30 June 2024

1,665

45,390

8,668

At 30 June 2023

2,264

14,758

10,912

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 July 2023

125,279

2,902

244,898

Additions

-

1,038

41,727

Disposals

(22,988

)

-

(22,988

)

At 30 June 2024

102,291

3,940

263,637

Depreciation

At 1 July 2023

38,534

401

127,718

Charge for year

19,262

1,198

33,360

Eliminated on disposal

(13,290

)

-

(13,290

)

At 30 June 2024

44,506

1,599

147,788

Net book value

At 30 June 2024

57,785

2,341

115,849

At 30 June 2023

86,745

2,501

117,180

5.

STOCKS

2024

2023

£

£

Stocks

29,390

29,390

Work-in-progress

89,576

44,985

118,966

74,375

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

12,627

1,155

Other debtors

42,581

13,644

55,208

14,799

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 9)

8,100

8,100

Hire purchase contracts

18,690

23,720

Trade creditors

37,623

2,749

Taxation and social security

152

1,729

Other creditors

194,639

77,555

259,204

113,853

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 9)

6,837

14,473

Hire purchase contracts

49,887

70,421

56,724

84,894

9.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loans

8,100

8,100

Amounts falling due between one and two years:

Bank loans - 1-2 years

6,837

8,100

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

6,373

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

4,276

22,264

Deferred

tax

£

Balance at 1 July 2023

22,264

Provided during year

(17,988

)

Balance at 30 June 2024

4,276

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

121

A ordinary

£1

121

121

221

221