REGISTERED NUMBER: 05696080 (England and Wales)

Earlsloan Limited

Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

Mr A A Sloan

Mrs R C Sloan

SECRETARY:

Mrs R C Sloan

REGISTERED OFFICE:

99 Canterbury Road

Whitstable

CT5 4HG

REGISTERED NUMBER:

05696080 (England and Wales)

ACCOUNTANTS:

MPH Accountancy and Business Advisors Ltd

99 Canterbury Road

Whitstable

Kent

CT5 4HG

FIXED ASSETS

Intangible assets

4

8,625

10,575

Tangible assets

5

5,699

7,030

14,324

17,605

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

6

6,822

25,777

Cash at bank

17,316

34,432

29,138

65,209

CREDITORS

Amounts falling due within one year

7

8,308

8,096

NET CURRENT ASSETS

20,830

57,113

TOTAL ASSETS LESS CURRENT LIABILITIES

35,154

74,718

CREDITORS

Amounts falling due after more than one year

8

33,333

38,889

NET ASSETS

1,821

35,829

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

1,721

35,729

SHAREHOLDERS' FUNDS

1,821

35,829

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 29 July 2025 and were signed on its behalf by:

Mr A A Sloan - Director

1.	STATUTORY INFORMATION

Earlsloan 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.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% on 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2024

and 31 March 2025

19,500

AMORTISATION

At 1 April 2024

8,925

Amortisation for year

1,950

At 31 March 2025

10,875

NET BOOK VALUE

At 31 March 2025

8,625

At 31 March 2024

10,575

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

16,009

21,190

9,105

46,304

DEPRECIATION

At 1 April 2024

15,409

18,379

5,486

39,274

Charge for year

89

702

540

1,331

At 31 March 2025

15,498

19,081

6,026

40,605

NET BOOK VALUE

At 31 March 2025

511

2,109

3,079

5,699

At 31 March 2024

600

2,811

3,619

7,030

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

6,822

6,822

Directors' current accounts

-

18,955

6,822

25,777

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,387

1,495

Tax

2,410

1,650

Social security and other taxes

741

2,386

VAT

3,701

2,565

Directors' current accounts

69

-

8,308

8,096

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

33,333

38,889

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

35,729

Profit for the year

6,992

Dividends

(41,000

)

At 31 March 2025

1,721

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr A A Sloan

Balance outstanding at start of year

9,477

9,477

Amounts advanced

22,080

-

Amounts repaid

(31,591

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(34

)

9,477

Mrs R C Sloan

Balance outstanding at start of year

9,477

9,477

Amounts advanced

22,079

-

Amounts repaid

(31,591

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(35

)

9,477

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

MPH Accountancy and Business Advisors Ltd

99 Canterbury Road

Whitstable

Kent

CT5 4HG

29 July 2025