| REGISTERED NUMBER: 12890993 (England and Wales) |
| REPORT OF THE DIRECTORS AND |
| UNAUDITED |
| CONSOLIDATED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| FOR |
| EKAL HOLDINGS LIMITED |
| REGISTERED NUMBER: 12890993 (England and Wales) |
| REPORT OF THE DIRECTORS AND |
| UNAUDITED |
| CONSOLIDATED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| FOR |
| EKAL HOLDINGS LIMITED |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Consolidated Income Statement | 3 |
| Consolidated Balance Sheet | 4 |
| Company Balance Sheet | 6 |
| Notes to the Consolidated Financial Statements | 8 |
| EKAL HOLDINGS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 207 Knutsford Road |
| Grappenhall |
| Warrington |
| Cheshire |
| WA4 2QL |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| REPORT OF THE DIRECTORS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| The directors present their report with the financial statements of the company and the group for the year ended 30 September 2024. |
| DIRECTORS |
| The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report. |
| 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: |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| CONSOLIDATED |
| INCOME STATEMENT |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| 30/9/24 | 30/9/23 |
| Notes | £ | £ | £ |
| TURNOVER | 3,310,180 | 2,689,783 |
| Cost of sales | 2,997,115 | 2,101,609 |
| GROSS PROFIT | 313,065 | 588,174 |
| Administrative expenses | 268,120 | 261,205 |
| OPERATING PROFIT | 4 | 44,945 | 326,969 |
| Income from other participating interests | 96,294 | 23,514 |
| Interest receivable and similar income | 1,873 | 194 |
| 98,167 | 23,708 |
| PROFIT BEFORE TAXATION | 143,112 | 350,677 |
| Tax on profit | 5 | 10,368 | 72,575 |
| PROFIT FOR THE FINANCIAL YEAR |
| Profit attributable to: |
| Owners of the parent | 132,744 | 278,102 |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| CONSOLIDATED BALANCE SHEET |
| 30 SEPTEMBER 2024 |
| 30/9/24 | 30/9/23 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 7 | 6,789 | 7,302 |
| Investments | 8 |
| Interest in joint venture |
| Share of gross assets | 157,727 | 47,071 |
| Share of gross liabilities | (42,869 | ) | (23,507 | ) |
| 121,647 | 30,866 |
| CURRENT ASSETS |
| Debtors | 9 | 453,704 | 542,098 |
| Cash at bank | 521,605 | 268,987 |
| 975,309 | 811,085 |
| CREDITORS |
| Amounts falling due within one year | 10 | 575,798 | 402,237 |
| NET CURRENT ASSETS | 399,511 | 408,848 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
521,158 |
439,714 |
| PROVISIONS FOR LIABILITIES | 1,525 | 1,825 |
| NET ASSETS | 519,633 | 437,889 |
| CAPITAL AND RESERVES |
| Called up share capital | 11 | 100 | 100 |
| Retained earnings | 12 | 519,533 | 437,789 |
| SHAREHOLDERS' FUNDS | 519,633 | 437,889 |
| The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024. |
| The members have not required the company and the group to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006. |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group. |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| CONSOLIDATED BALANCE SHEET - continued |
| 30 SEPTEMBER 2024 |
| The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
| The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by: |
| M J Hesketh - Director |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| COMPANY BALANCE SHEET |
| 30 SEPTEMBER 2024 |
| 30/9/24 | 30/9/23 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 7 |
| Investments | 8 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 10 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Retained earnings | 12 |
| SHAREHOLDERS' FUNDS |
| Company's profit for the financial year | 106,000 | 190,000 |
| 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. |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| COMPANY BALANCE SHEET - continued |
| 30 SEPTEMBER 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| Ekal Holdings Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Joint ventures |
| Interests in joint ventures are accounted for using the equity method. |
| 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 |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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. |
| Pension costs and other post-retirement benefits |
| The group operates a defined contribution pension scheme. Contributions payable to the group'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 |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| 3. | EMPLOYEES AND DIRECTORS - continued |
| The average number of employees by undertakings that were proportionately consolidated during the year was 8 (2023 - 8 ) . |
| 4. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Depreciation - owned assets | 3,799 | 2,434 |
| 5. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit for the year was as follows: |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Current tax: |
| UK corporation tax | 10,668 | 71,346 |
| Deferred tax | (300 | ) | 1,229 |
| Tax on profit | 10,368 | 72,575 |
| 6. | INDIVIDUAL INCOME STATEMENT |
| As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements. |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| 7. | TANGIBLE FIXED ASSETS |
| Group |
| Computer |
| equipment |
| £ |
| COST |
| At 1 October 2023 | 10,492 |
| Additions | 3,521 |
| Disposals | (402 | ) |
| At 30 September 2024 | 13,611 |
| DEPRECIATION |
| At 1 October 2023 | 3,190 |
| Charge for year | 3,799 |
| Eliminated on disposal | (167 | ) |
| At 30 September 2024 | 6,822 |
| NET BOOK VALUE |
| At 30 September 2024 | 6,789 |
| At 30 September 2023 | 7,302 |
| 8. | FIXED ASSET INVESTMENTS |
| Group |
| Interest |
| in joint |
| venture |
| £ |
| COST |
| At 1 October 2023 | 23,564 |
| Additions | 91,294 |
| At 30 September 2024 | 114,858 |
| NET BOOK VALUE |
| At 30 September 2024 | 114,858 |
| At 30 September 2023 | 23,564 |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| 8. | FIXED ASSET INVESTMENTS - continued |
| Company |
| Shares in | Interest |
| group | in joint |
| undertakings | venture | Totals |
| £ | £ | £ |
| COST |
| At 1 October 2023 |
| and 30 September 2024 | 150 |
| NET BOOK VALUE |
| At 30 September 2024 | 150 |
| At 30 September 2023 | 150 |
| 9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| Group |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Trade debtors | 451,997 | 526,800 |
| Amounts owed by participating interests | 40 | - |
| Prepayments | 1,667 | 15,298 |
| 453,704 | 542,098 |
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| Group | Company |
| 30/9/24 | 30/9/23 | 30/9/24 | 30/9/23 |
| £ | £ | £ | £ |
| Trade creditors | 533,412 | 271,416 |
| Amounts owed to group undertakings | - | - |
| Tax | 10,668 | 71,346 |
| Pensions payable | 2,378 | 1,709 | - | - |
| Social security and other taxes | 13,776 | 12,743 |
| VAT | 3,539 | 37,563 | - | - |
| Accruals and deferred income | 12,025 | 7,460 |
| 575,798 | 402,237 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30/9/24 | 30/9/23 |
| value: | £ | £ |
| Ordinary | 1 | 100 | 100 |
| EKAL HOLDINGS LIMITED (REGISTERED NUMBER: 12890993) |
| NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
| 12. | RESERVES |
| Group |
| Retained |
| earnings |
| £ |
| At 1 October 2023 | 437,789 |
| Profit for the year | 132,744 |
| Dividends | (51,000 | ) |
| At 30 September 2024 | 519,533 |
| Company |
| Retained |
| earnings |
| £ |
| At 1 October 2023 |
| Profit for the year |
| Dividends | ( |
) |
| At 30 September 2024 |
| 13. | ULTIMATE CONTROLLING PARTY |
| The company is under the joint control of the three directors. |