REGISTERED NUMBER: 11044868 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Eb Subs Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Farris Hamed Alnaqeeb

REGISTERED OFFICE:

144-146 Kings Cross Road

London

WC1X 9DU

REGISTERED NUMBER:

11044868 (England and Wales)

FIXED ASSETS

Intangible assets

4

151,237

151,237

Tangible assets

5

100,810

81,704

252,047

232,941

CURRENT ASSETS

Stocks

4,087

3,853

Debtors

6

67,169

68,946

Cash in hand

66,675

100,542

137,931

173,341

CREDITORS

Amounts falling due within one year

7

197,215

260,754

NET CURRENT LIABILITIES

(59,284

)

(87,413

)

TOTAL ASSETS LESS CURRENT LIABILITIES

192,763

145,528

CREDITORS

Amounts falling due after more than one year

8

155,802

146,911

NET ASSETS/(LIABILITIES)

36,961

(1,383

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

36,861

(1,483

)

SHAREHOLDERS' FUNDS

36,961

(1,383

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 17 September 2025 and were signed by:

Mr Farris Hamed Alnaqeeb - Director

1.	STATUTORY INFORMATION

Eb Subs 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible Fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold Property Over the Period of the lease

Fixtures, Fittings & Equipment 8.33% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

188,937

AMORTISATION

At 1 January 2024

and 31 December 2024

37,700

NET BOOK VALUE

At 31 December 2024

151,237

At 31 December 2023

151,237

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

15,929

83,613

99,542

Additions

-

28,645

28,645

At 31 December 2024

15,929

112,258

128,187

DEPRECIATION

At 1 January 2024

3,465

14,373

17,838

Charge for year

1,385

8,154

9,539

At 31 December 2024

4,850

22,527

27,377

NET BOOK VALUE

At 31 December 2024

11,079

89,731

100,810

At 31 December 2023

12,464

69,240

81,704

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

16,152

15,173

Other debtors

51,017

53,773

67,169

68,946

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

62,293

186,024

Taxation and social security

31,078

26,928

Other creditors

103,844

47,802

197,215

260,754

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

-

60,189

Other creditors

155,802

86,722

155,802

146,911

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

60,189

Other Loan

155,802

86,722

155,802

146,911

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100