Company Registration No. 11521568 (England and Wales)
EBORCRAFT HOLDINGS LIMITED
GROUP ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
EBORCRAFT HOLDINGS LIMITED
CONTENTS
Page
Group balance sheet
2 - 3
Company balance sheet
4 - 5
Notes to the financial statements
6 - 13
EBORCRAFT HOLDINGS LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EBORCRAFT HOLDINGS LIMITED FOR THE YEAR ENDED 31 DECEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eborcraft Holdings Limited for the year ended 31 December 2024 which comprise, the group balance sheet, the company balance sheet and the related notes from the accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Eborcraft Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 16 August 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Eborcraft Holdings Limited and state those matters that we have agreed to state to the board of directors of Eborcraft Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eborcraft Holdings Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Eborcraft Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Eborcraft Holdings Limited. You consider that Eborcraft Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eborcraft Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hentons
Chartered Accountants
124 Acomb Road
York
YO24 4EY
11 July 2025
EBORCRAFT HOLDINGS LIMITED
GROUP BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,403,991
1,434,479
Current assets
Stocks
159,615
151,542
Debtors
7
443,865
287,276
Cash at bank and in hand
346,854
338,788
950,334
777,606
Creditors: amounts falling due within one year
8
(335,449)
(277,853)
Net current assets
614,885
499,753
Total assets less current liabilities
2,018,876
1,934,232
Creditors: amounts falling due after more than one year
9
(64,790)
(120,015)
Net assets
1,954,086
1,814,217
Capital and reserves
Called up share capital
16,642
16,642
Capital redemption reserve
3,199
3,199
Profit and loss reserves
1,934,245
1,794,376
Total equity
1,954,086
1,814,217
EBORCRAFT HOLDINGS LIMITED
GROUP BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 3 -

The directors of the group have elected not to include a copy of the profit and loss account within the financial statements.

For the financial year ended 31 December 2024 the group was entitled to exemption from audit under section 477 of the Companies Act 2006.

Directors' responsibilities under the Companies Act 2006:

 

These financial statements have been prepared in accordance with the provisions applicable to groups and companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 11 July 2025 and are signed on its behalf by:
11 July 2025
Mr C G Williams
Director
Company registration number 11521568 (England and Wales)
EBORCRAFT HOLDINGS LIMITED
COMPANY BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 4 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,560,529
1,585,429
Investments
5
16,642
16,642
1,577,171
1,602,071
Current assets
Debtors
7
431,316
350,000
Cash at bank and in hand
161,915
107,001
593,231
457,001
Creditors: amounts falling due within one year
8
(846)
(8,115)
Net current assets
592,385
448,886
Net assets
2,169,556
2,050,957
Capital and reserves
Called up share capital
16,642
16,642
Profit and loss reserves
2,152,914
2,034,315
Total equity
2,169,556
2,050,957
EBORCRAFT HOLDINGS LIMITED
COMPANY BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
31 December 2024
- 5 -

As permitted by s408 Companies Act 2006, the company has not presented its own profit and loss account and related notes. The company’s profit for the year was £118,599 (2023 - £26,541 profit).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These 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 11 July 2025 and are signed on its behalf by:
11 July 2025
Mr C G Williams
Director
Company registration number 11521568 (England and Wales)
EBORCRAFT HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
1
Accounting policies
Company information

Eborcraft Holdings Limited (“the company”) is a private limited company domiciled and incorporated in England and Wales. The registered office is Chessingham Park, Dunnington, York, North Yorkshire, YO19 5SE.

 

The group consists of Eborcraft Holdings Limited and all of its subsidiaries.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of fixed assets and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

The company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements for parent company information presented within the consolidated financial statements:

 

1.2
Basis of consolidation

The consolidated group financial statements consist of the financial statements of the parent company Eborcraft Holdings Limited together with all entities controlled by the parent company (its subsidiaries) and the group’s share of its interests in joint ventures and associates.

 

All financial statements are made up to 31 December 2022. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by other members of the group.

 

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

EBORCRAFT HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 7 -
1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
50 years straight line
Plant and equipment
5, 10 and 15 years straight line
Fixtures and fittings
3 and 10 years straight line
Motor vehicles
3, 4 and 5 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

1.5
Fixed asset investments

Equity investments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.

 

In the parent company financial statements, investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.6
Impairment of fixed assets

At each reporting period end date, the group reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

 

The carrying amount of the investments accounted for using the equity method is tested for impairment as a single asset.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

EBORCRAFT HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 8 -
1.8
Financial instruments

The group has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the group's balance sheet when the group becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Derecognition of financial liabilities

Financial liabilities are derecognised when the group's contractual obligations expire or are discharged or cancelled.

1.9
Equity instruments

Equity instruments issued by the group are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the group.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

EBORCRAFT HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 9 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset if, and only if, there is a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

1.14
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the group’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

EBORCRAFT HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 10 -
3
Employees

The average monthly number of persons (including directors) employed by the group and company during the year was:

Group
Company
2024
2023
2024
2023
Number
Number
Number
Number
Total
25
23
2
2
4
Tangible fixed assets
Group
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 January 2024
1,709,929
1,230,998
2,940,927
Additions
-
0
30,946
30,946
At 31 December 2024
1,709,929
1,261,944
2,971,873
Depreciation and impairment
At 1 January 2024
447,996
1,058,452
1,506,448
Depreciation charged in the year
24,900
36,534
61,434
At 31 December 2024
472,896
1,094,986
1,567,882
Carrying amount
At 31 December 2024
1,237,033
166,958
1,403,991
At 31 December 2023
1,261,933
172,546
1,434,479
EBORCRAFT HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
4
Tangible fixed assets
(Continued)
- 11 -
Company
Land and buildings
£
Cost
At 1 January 2024 and 31 December 2024
1,709,929
Depreciation and impairment
At 1 January 2024
124,500
Depreciation charged in the year
24,900
At 31 December 2024
149,400
Carrying amount
At 31 December 2024
1,560,529
At 31 December 2023
1,585,429
5
Fixed asset investments
Group
Company
2024
2023
2024
2023
£
£
£
£
Shares in group undertakings and participating interests
-
-
16,642
16,642
Movements in fixed asset investments
Company
Shares in subsidiaries
£
Cost or valuation
At 1 January 2024 and 31 December 2024
16,642
Carrying amount
At 31 December 2024
16,642
At 31 December 2023
16,642
6
Subsidiaries

Details of the company's subsidiaries at 31 December 2024 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Eborcraft Limited
UK
Ordinary
100.00
EBORCRAFT HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 12 -
7
Debtors
Group
Company
2024
2023
2024
2023
Amounts falling due within one year:
£
£
£
£
Trade debtors
378,666
229,203
-
0
-
0
Other debtors
65,199
58,073
-
-
443,865
287,276
-
-
Amounts falling due after more than one year:
Amounts owed by group
-
0
-
0
431,316
350,000
Total debtors
443,865
287,276
431,316
350,000
8
Creditors: amounts falling due within one year
Group
Company
2024
2023
2024
2023
£
£
£
£
Bank loans
39,000
35,549
-
0
-
0
Trade creditors
143,763
108,684
-
0
-
0
Amounts owed to group undertakings
-
0
-
0
-
0
8,090
Corporation tax payable
2,899
25
846
25
Other taxation and social security
103,311
92,646
-
0
-
0
Other creditors
46,476
40,949
-
0
-
0
335,449
277,853
846
8,115

Included within other creditors is £12,775 (2023: £11,876) relating to hire purchase or finance leases, the liability is secured on the associated assets.

9
Creditors: amounts falling due after more than one year
Group
Company
2024
2023
2024
2023
Notes
£
£
£
£
Bank loans and overdrafts
10
48,750
91,201
-
0
-
0
Obligations under finance leases
11
16,040
28,814
-
0
-
0
64,790
120,015
-
-
EBORCRAFT HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 13 -
10
Loans and overdrafts
Group
Company
2024
2023
2024
2023
£
£
£
£
Bank loans
87,750
126,750
-
0
-
0
Payable within one year
39,000
35,549
-
-
Payable after one year
48,750
91,201
-
0
-
0

The long-term loan is unsecured.

11
Finance lease obligations
Group
Company
2024
2023
2024
2023
£
£
£
£
Future minimum lease payments due under finance leases:
Within one year
12,775
11,876
-
0
-
0
In two to five years
16,040
28,814
-
0
-
0
28,815
40,690
-
-
2024-12-312024-01-01falsefalseCCH SoftwareCCH Accounts Production 2025.100No description of principal activityP WilliamsMr C G Williamsfalse115215682024-01-012024-12-3111521568bus:Consolidated2024-12-31115215682024-12-3111521568bus:Consolidated2023-12-31115215682023-12-3111521568core:LandBuildingsbus:Consolidated2024-12-3111521568core:OtherPropertyPlantEquipmentbus:Consolidated2024-12-3111521568core:LandBuildingsbus:Consolidated2023-12-3111521568core:OtherPropertyPlantEquipmentbus:Consolidated2023-12-3111521568core:LandBuildings2024-12-3111521568core:LandBuildings2023-12-3111521568core:ShareCapitalbus:Consolidated2024-12-3111521568core:ShareCapitalbus:Consolidated2023-12-3111521568core:CapitalRedemptionReservebus:Consolidated2024-12-3111521568core:CapitalRedemptionReservebus:Consolidated2023-12-3111521568core:RetainedEarningsAccumulatedLossesbus:Consolidated2024-12-3111521568core:RetainedEarningsAccumulatedLossesbus:Consolidated2023-12-3111521568core:ShareCapital2024-12-3111521568core:ShareCapital2023-12-3111521568core:RetainedEarningsAccumulatedLosses2024-12-3111521568core:RetainedEarningsAccumulatedLosses2023-12-3111521568bus:Consolidated2024-01-012024-12-3111521568bus:Director22024-01-012024-12-3111521568core:LandBuildingscore:OwnedOrFreeholdAssets2024-01-012024-12-3111521568core:PlantMachinery2024-01-012024-12-3111521568core:FurnitureFittings2024-01-012024-12-3111521568core:MotorVehicles2024-01-012024-12-31115215682023-01-012023-12-3111521568core:LandBuildingsbus:Consolidated2023-12-3111521568core:OtherPropertyPlantEquipmentbus:Consolidated2023-12-3111521568bus:Consolidated2023-12-3111521568core:LandBuildings2023-12-3111521568core:LandBuildingsbus:Consolidated2024-01-012024-12-3111521568core:OtherPropertyPlantEquipmentbus:Consolidated2024-01-012024-12-3111521568core:LandBuildings2024-01-012024-12-3111521568core:Subsidiary12024-01-012024-12-3111521568core:Subsidiary112024-01-012024-12-3111521568core:WithinOneYearbus:Consolidated2024-12-3111521568core:WithinOneYearbus:Consolidated2023-12-3111521568core:CurrentFinancialInstrumentscore:WithinOneYear2024-12-3111521568core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3111521568core:Non-currentFinancialInstrumentscore:AfterOneYearbus:Consolidated2024-12-3111521568core:Non-currentFinancialInstrumentscore:AfterOneYearbus:Consolidated2023-12-3111521568core:Non-currentFinancialInstrumentscore:AfterOneYear2024-12-3111521568core:Non-currentFinancialInstrumentscore:AfterOneYear2023-12-3111521568core:CurrentFinancialInstrumentscore:WithinOneYearbus:Consolidated2024-12-3111521568core:CurrentFinancialInstrumentscore:WithinOneYearbus:Consolidated2023-12-3111521568core:CurrentFinancialInstrumentsbus:Consolidated2024-12-3111521568core:CurrentFinancialInstrumentsbus:Consolidated2023-12-3111521568core:CurrentFinancialInstruments2024-12-3111521568core:CurrentFinancialInstruments2023-12-3111521568core:Non-currentFinancialInstrumentsbus:Consolidated2024-12-3111521568core:Non-currentFinancialInstrumentsbus:Consolidated2023-12-3111521568core:Non-currentFinancialInstruments2024-12-3111521568core:Non-currentFinancialInstruments2023-12-3111521568core:WithinOneYear2024-12-3111521568core:WithinOneYear2023-12-3111521568core:BetweenTwoFiveYearsbus:Consolidated2024-12-3111521568core:BetweenTwoFiveYearsbus:Consolidated2023-12-3111521568core:BetweenTwoFiveYears2024-12-3111521568core:BetweenTwoFiveYears2023-12-3111521568bus:PrivateLimitedCompanyLtd2024-01-012024-12-3111521568bus:FRS1022024-01-012024-12-3111521568bus:AuditExemptWithAccountantsReport2024-01-012024-12-3111521568bus:ConsolidatedGroupCompanyAccounts2024-01-012024-12-3111521568bus:Director12024-01-012024-12-3111521568bus:SmallCompaniesRegimeForAccounts2024-01-012024-12-3111521568bus:FullAccounts2024-01-012024-12-31xbrli:purexbrli:sharesiso4217:GBP