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Registered number: 11068977
Eastern Adaptations Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
C&H Stedman
Noble House Eaton Road
Hemel Hempstead
Hertfordshire
HP2 7UB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11068977
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 68,890 27,781
Tangible Assets 5 160,510 193,615
229,400 221,396
CURRENT ASSETS
Stocks 6 72,506 18,769
Debtors 7 1,016,790 832,350
Cash at bank and in hand 446,554 660,618
1,535,850 1,511,737
Creditors: Amounts Falling Due Within One Year 8 (717,717 ) (881,797 )
NET CURRENT ASSETS (LIABILITIES) 818,133 629,940
TOTAL ASSETS LESS CURRENT LIABILITIES 1,047,533 851,336
Creditors: Amounts Falling Due After More Than One Year 9 (190,708 ) (73,581 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,099 ) (36,073 )
NET ASSETS 821,726 741,682
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 821,626 741,582
SHAREHOLDERS' FUNDS 821,726 741,682
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
K Carvell
Director
24 September 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Eastern Adaptations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11068977 . The registered office is Hereford House,, Hereford Way, Hardwick Narrows, Kings Lynn, PE30 4JD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are software. It is amortised to the profit and loss account over its estimated economic life of 5 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 15% reducing balance
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 50% straight line basis
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees during the year was  32 (2023: 35)
32 35
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 27,781
Additions 58,332
As at 31 December 2024 86,113
Amortisation
As at 1 January 2024 -
Provided during the period 17,223
As at 31 December 2024 17,223
Net Book Value
As at 31 December 2024 68,890
As at 1 January 2024 27,781
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 22,813 18,521 262,368 50,761 354,463
Additions 20,517 - 1,396 1,825 23,738
Disposals - - (16,070 ) (46,386 ) (62,456 )
As at 31 December 2024 43,330 18,521 247,694 6,200 315,745
Depreciation
As at 1 January 2024 7,895 5,737 103,259 43,957 160,848
Provided during the period 2,751 2,557 41,032 2,424 48,764
Disposals - - (11,171 ) (43,206 ) (54,377 )
As at 31 December 2024 10,646 8,294 133,120 3,175 155,235
Net Book Value
As at 31 December 2024 32,684 10,227 114,574 3,025 160,510
As at 1 January 2024 14,918 12,784 159,109 6,804 193,615
Page 4
Page 5
6. Stocks
2024 2023
as restated
£ £
Stock 62,306 8,569
Work in progress 10,200 10,200
72,506 18,769
7. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 195,172 141,536
Other debtors 187,150 84,575
382,322 226,111
Due after more than one year
Amounts owed by group undertakings 634,468 606,239
1,016,790 832,350
8. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 30,164 44,041
Trade creditors 333,025 357,299
Bank loans and overdrafts 10,648 10,000
Other creditors 310,154 344,187
Taxation and social security 33,726 126,270
717,717 881,797
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 21,759 54,414
Bank loans 9,111 19,167
Taxation and social security 159,838 -
190,708 73,581
Page 5
Page 6
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
as restated
£ £
The future minimum finance lease payments are as follows:
Not later than one year 30,164 44,041
Later than one year and not later than five years 21,759 54,414
51,923 98,455
51,923 98,455
11. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 100 100
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Kevin Carvell - 74,660 - - 74,660
The above loan is unsecured and repayable on demand.
13. Ultimate Controlling Party
The company's ultimate controlling party is EA Mobility Holdings Ltd by virtue of his ownership of 100% of the issued share capital in the company.
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