Eastern Industrial Cladding Ltd

Eastern Industrial Cladding Ltd
Registered number:		03215353
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		57,733			76,978

Current assets
Work in progress		3,200			7,300
Debtors	4	289,172			272,068
Cash at bank and in hand		1,242,250			1,032,110
		1,534,622			1,311,478

Creditors: amounts falling due within one year	5	(175,295)			(277,797)

Net current assets			1,359,327			1,033,681

Net assets			1,417,060			1,110,659

Capital and reserves
Called up share capital			355			355
Profit and loss account			1,416,705			1,110,304

Shareholders' funds			1,417,060			1,110,659

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




B J Cole
Director
Approved by the board on 26 August 2025

Eastern Industrial Cladding Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Fixtures, fittings, tools and equipment	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		4


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	211,568		146,706		358,274
	At 31 March 2025	211,568		146,706		358,274

	Depreciation
	At 1 April 2024	185,166		96,130		281,296
	Charge for the year	6,601		12,644		19,245
	At 31 March 2025	191,767		108,774		300,541

	Net book value
	At 31 March 2025	19,801		37,932		57,733
	At 31 March 2024	26,402		50,576		76,978


4	Debtors			2025		2024
£					£

	Trade debtors			83,999		62,342
	Other debtors			205,173		209,726
				289,172		272,068

	Amounts due after more than one year included above			6,994		205,173


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			21,010		218,608
	Corporation tax			142,708		61,953
	Other taxes and social security costs			(6,850)		(20,169)
	Other creditors			18,427		17,405
				175,295		277,797


6	Other information

	Eastern Industrial Cladding Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit A
	St Peters Lane
	Hoveton
	Norfolk
	NR12 8RL