Company Registration No. 06593775 (England and Wales)
EBY Design Limited
Unaudited accounts
for the year ended 31 December 2024
EBY Design Limited
Unaudited accounts
Contents
EBY Design Limited
Statement of financial position
as at 31 December 2024
Tangible assets
168,355
171,055
Cash at bank and in hand
232,003
202,174
Creditors: amounts falling due within one year
(274,747)
(186,843)
Net current assets
127,602
136,133
Total assets less current liabilities
295,957
307,188
Creditors: amounts falling due after more than one year
(83,244)
(105,961)
Net assets
212,713
201,227
Called up share capital
102
102
Profit and loss account
212,611
201,125
Shareholders' funds
212,713
201,227
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 5 February 2025 and were signed on its behalf by
Mr G Young
Director
Company Registration No. 06593775
EBY Design Limited
Notes to the Accounts
for the year ended 31 December 2024
EBY Design Limited is a private company, limited by shares, registered in England and Wales, registration number 06593775. The registered office is 18 Pebble Close Business Village, Amington, Tamworth, Staffs, B77 4RD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Fixtures & fittings
15% reducing balance
Computer equipment
33.3% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
EBY Design Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
182,834
1,540
15,926
200,300
At 31 December 2024
182,834
1,540
18,616
202,990
At 1 January 2024
14,605
968
13,672
29,245
Charge for the year
3,657
85
1,648
5,390
At 31 December 2024
18,262
1,053
15,320
34,635
At 31 December 2024
164,572
487
3,296
168,355
At 31 December 2023
168,229
572
2,254
171,055
Amounts falling due within one year
Trade debtors
170,346
120,802
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
22,000
20,040
Trade creditors
60,106
48,079
Taxes and social security
77,289
38,579
Other creditors
10,456
10,005
Loans from directors
998
2,344
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Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102
102
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Average number of employees
During the year the average number of employees was 11 (2023: 11).