REGISTERED NUMBER: 05882535 (England and Wales)

Easthill Faraday Limited

Unaudited Financial Statements For The Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Sadler

Mr C Lake

REGISTERED OFFICE:

Building 15 Gateway 1000

Whittle Way

Arlington Business Park

Stevenage

Hertfordshire

SG1 2FP

REGISTERED NUMBER:

05882535 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,159,536

1,139,494

CURRENT ASSETS

Stocks

5

170,276

197,721

Debtors

6

527,008

377,221

Cash at bank

2,369,786

2,518,410

3,067,070

3,093,352

CREDITORS

Amounts falling due within one year

7

(693,240

)

(1,069,205

)

NET CURRENT ASSETS

2,373,830

2,024,147

TOTAL ASSETS LESS CURRENT LIABILITIES

3,533,366

3,163,641

PROVISIONS FOR LIABILITIES

(8,653

)

(9,418

)

NET ASSETS

3,524,713

3,154,223

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

3,524,614

3,154,124

SHAREHOLDERS' FUNDS

3,524,713

3,154,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr C Sadler - Director

1.	STATUTORY INFORMATION

Easthill Faraday 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

The turnover shown in the profit and loss account represents goods sold during the year, exclusive of Value Added Tax. Income is recognised on despatch.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost

Improvements to property - 2% on cost

Plant and machinery - 25% on reducing balance

Fixtures and fittings - 25% on reducing balance

Motor vehicles - 25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investment

Fixed asset investments are initially recorded at cost and written down to recoverable amount at the balance sheet date. Write downs are charged, and any reversals are credited, to the profit and loss account for the year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

1,043,409

39,076

18,032

Additions

-

1,870

-

Disposals

-

-

-

At 31 March 2025

1,043,409

40,946

18,032

DEPRECIATION

At 1 April 2024

-

8,873

17,041

Charge for year

-

641

248

Eliminated on disposal

-

-

-

At 31 March 2025

-

9,514

17,289

NET BOOK VALUE

At 31 March 2025

1,043,409

31,432

743

At 31 March 2024

1,043,409

30,203

991

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

3,472

157,977

20,644

1,282,610

Additions

-

42,500

333

44,703

Disposals

-

(22,995

)

-

(22,995

)

At 31 March 2025

3,472

177,482

20,977

1,304,318

DEPRECIATION

At 1 April 2024

1,901

95,574

19,727

143,116

Charge for year

393

16,893

1,029

19,204

Eliminated on disposal

-

(17,538

)

-

(17,538

)

At 31 March 2025

2,294

94,929

20,756

144,782

NET BOOK VALUE

At 31 March 2025

1,178

82,553

221

1,159,536

At 31 March 2024

1,571

62,403

917

1,139,494

5.

STOCKS

2025

2024

£

£

Stocks

25,000

25,000

Work-in-progress

145,276

172,721

170,276

197,721

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

518,222

368,680

Other debtors

463

-

Prepayments

8,323

8,541

527,008

377,221

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

237,357

252,058

Tax

139,752

119,285

Social security and other taxes

25,629

23,876

VAT

52,649

57,527

Other creditors

200,759

167,741

Directors' current accounts

32,694

444,318

Accrued expenses

4,400

4,400

693,240

1,069,205

8.	RELATED PARTY DISCLOSURES

At the year end date the company owed the director Mr C Sadler £32,694 (2024 - £444.318).

The Company paid the dividends to the following shareholders;

C Power £15,000 (2024 £15,000)

S Sadler £15,000 (2024 £15,000)

Z Sadler £15,000 (2024 £15,000)

9.	ULTIMATE CONTROLLING PARTY

The company was under the control of Mr C Sadler through out current and previous year. Mr C Sadler is the majority shareholder.