Eberbach Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11068506

Eberbach Limited

Filleted Financial Statements

31 August 2024

Eberbach Limited

Financial Statements

Year ended 31 August 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Eberbach Limited

Statement of Financial Position

31 August 2024

	2024	2023
Note	£	£

Fixed assets

Investments	5	7,046,788	7,695,331

Current assets

Debtors	6	721,110	802,540
Cash at bank and in hand		17	2,073
		---------	---------
		721,127	804,613

Creditors: amounts falling due within one year	7	12,856,437	12,789,527
		-------------	-------------
Net current liabilities		12,135,310	11,984,914
		-------------	-------------
Total assets less current liabilities		( 5,088,522)	( 4,289,583)

Creditors: amounts falling due after more than one year	8	–	250,000
		------------	------------
Net liabilities		( 5,088,522)	( 4,539,583)
		------------	------------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 5,088,523)	( 4,539,584)
	------------	------------
Shareholders deficit	( 5,088,522)	( 4,539,583)
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 1 September 2025 , and are signed on behalf of the board by:

Mr M A H Kachingwe
Director

Company registration number: 11068506

Eberbach Limited

Notes to the Financial Statements

Year ended 31 August 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 27 New Dover Road, Canterbury, CT1 3DN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The director has considered going concern with particular reference to the amounts owed to the company by other group companies. The director has received confirmation of support from the other companies in the group and the group has also received confirmation from the ultimate shareholder that they will continue to support the entity to meet its liabilities as they fall due. The director has no reason to believe that this will not be received, if required, and continue to prepare the accounts on this basis.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Ilektra Limited as at 31st August 2024 which can be obtained from 27 New Dover Road, Canterbury, Kent, United Kingdom, CT1 3DN. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) Disclosures in respect of share-based payments have not been presented. (d) No disclosure has been given for the aggregate remuneration of key management personnel. These exemptions have been applied on the basis that Ilektra Limited includes equivalent disclosures for Eberbach Limited in its consolidated financial statements prepared in accordance with UK GAAP.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employees

There were no employees during the current or comparative period.

5. Investments

	Shares in group undertakings
	£
Cost
At 1 September 2023	11,979,874
Additions	( 134,760)
	-------------
At 31 August 2024	11,845,114
	-------------
Impairment
At 1 September 2023	4,284,543
Impairment losses	513,783
	-------------
At 31 August 2024	4,798,326
	-------------

Carrying amount
At 31 August 2024	7,046,788
	-------------
At 31 August 2023	7,695,331
	-------------

6. Debtors

	2024	2023
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	721,110	802,540
	---------	---------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	4,170	–
Amounts owed to group undertakings and undertakings in which the company has a participating interest	10,443,290	9,992,433
Other creditors	2,408,977	2,797,094
	-------------	-------------
	12,856,437	12,789,527
	-------------	-------------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Other creditors	–	250,000
	----	---------

9. Contingencies

The company has a contingent liability of £2,647,497 relating to cross company gurantees for security given to IGF Business Credit Ltd.

10. Events after the end of the reporting period

In November 2024, the group refinanced all of its cashflow loan facilities, resulting in a simplified capital structure, with capacity to draw on additional funding to support future acquisitions.

11. Summary audit opinion

The auditor's report dated 1 September 2025 was unqualified .

The senior statutory auditor was Richard Stewart , for and on behalf of Burgess Hodgson Audit Limited .

12. Related party transactions

At the balance sheet date the company owed the Director £1,150,937 (2023: £1,671,341). Related party transactions with group companies have not been disclosed as consolidated accounts are prepared by the parent entity.

13. Controlling party

The parent company is Ilektra Limited, a company registered in England and Wales. The ultimate controlling party is Mr M A H Kachingwe who owns 100% of the shares of the parent company. His service address is Camburgh House, 27 New Dover Road, Canterbury, Kent, United Kingdom, CT1 3DN .