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Company Registration No. 09564763 (England and Wales)
Ebico Trading Limited Unaudited accounts for the year ended 31 December 2024
Ebico Trading Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ebico Trading Limited Company Information for the year ended 31 December 2024
Directors
R G T Stenhouse (Chairman) P J C Levermore
Company Number
09564763 (England and Wales)
Registered Office
Office 16 Hexagon House Avenue 4 Station Lane Witney OX28 4BN
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Ebico Trading Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
674
1,433
Current assets
Debtors
5
36,006
156,277
Cash at bank and in hand
33,672
131,349
69,678
287,626
Creditors: amounts falling due within one year
6
(42,815)
(40,859)
Net current assets
26,863
246,767
Net assets
27,537
248,200
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
27,437
248,100
Shareholders' funds
27,537
248,200
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by
P J C Levermore Director Company Registration No. 09564763
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Ebico Trading Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Ebico Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 09564763. The registered office is Office 16, Hexagon House Avenue 4, Station Lane, Witney, OX28 4BN.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with the provisions of Section 1A Small Entities of Financial Reporting Standard 102, (The Financial Reporting Standard applicable in the UK and Republic of Ireland) and the Companies Act 2006.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Tangible fixed assets
Depreciation is calculated so as to write off the cost of tangible fixed assets, on a straight-line basis over the expected useful economic lives of the assets concerned. The principal annual rates used for this purpose are: Office equipment: 33% - 50%
Taxation
UK Corporation tax payable is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred taxation is provided using the liability method on all timing differences which are expected to reverse in the future without being replaced, calculated at the rate at which it is anticipated the timing differences will reverse.
Trade and other debtors / creditors
Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors.
Operating lease agreements
Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged against profits on a straight line basis over the period of the lease.
Post-retirement benefits
The Company makes contributions to money purchase pension schemes. The assets of the schemes are held separately from those of the Company in independently administered funds. The amount charged to the profit and loss account represents the contributions payable to the scheme in respect of the accounting period.
Cash and cash equivalents
Cash and cash equivalents comprise cash balances and call deposits.
Turnover
Turnover represents the amounts invoiced for goods and services, stated net of value added tax.
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Ebico Trading Limited Notes to the Accounts for the year ended 31 December 2024
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. The directors have considered a period of twelve months from the date of the financial statements. Having taken account of all available information about the future, including the Company's most recent trading results, budgets and cash flow forecasts, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Provisions for liabilities
Provisions are recognised when the Company has a present obligation as a result of a past event, it is probable that the Company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 January 2024
3,834
At 31 December 2024
3,834
Depreciation
At 1 January 2024
2,401
Charge for the year
759
At 31 December 2024
3,160
Net book value
At 31 December 2024
674
At 31 December 2023
1,433
5
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
-
86
Trade debtors
19,579
1,610
Amounts due from group undertakings etc.
12,206
150,541
Accrued income and prepayments
3,821
3,640
Other debtors
400
400
36,006
156,277
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
1,599
-
Trade creditors
1,931
1,336
Amounts owed to group undertakings and other participating interests
33,600
33,600
Taxes and social security
5,260
5,167
Other creditors
425
751
Accruals
-
5
42,815
40,859
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Ebico Trading Limited Notes to the Accounts for the year ended 31 December 2024
7
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £0.10 each
100
100
8
Operating lease commitments
2024
2023
£
£
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
400
400
9
Transactions with related parties
The Company has taken advantage of the exemption in FRS102 Section 1AC.35 "Related Party Disclosures" from the requirement to disclose transactions with group companies on the grounds that all group companies are wholly owned.
10
Controlling party
The company is controlled by Ebico Limited, who own 100% of the issued share capital. Ebico Limited is registered in the UK at the address shown in note 1.
11
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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