REGISTERED NUMBER: 02001210 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Eagergala Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T P W Richardson

SECRETARY:

M J Richardson

REGISTERED OFFICE:

Ty Carreg Mawr

Llandegfedd

Newport

NP18 1HX

REGISTERED NUMBER:

02001210 (England and Wales)

ACCOUNTANTS:

Guilfoyle Sage LLP

21 Gold Tops

Newport

South Wales

NP20 4PG

FIXED ASSETS

Tangible assets

4

64,466

47,447

CURRENT ASSETS

Debtors

5

50,607

102,163

Cash at bank

31,749

65,863

82,356

168,026

CREDITORS

Amounts falling due within one year

6

270,660

326,309

NET CURRENT LIABILITIES

(188,304

)

(158,283

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(123,838

)

(110,836

)

PROVISIONS FOR LIABILITIES

11,500

13,970

NET LIABILITIES

(135,338

)

(124,806

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(135,438

)

(124,906

)

SHAREHOLDERS' FUNDS

(135,338

)

(124,806

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2025 and were signed by:

T P W Richardson - Director

1.	STATUTORY INFORMATION

Eagergala 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Turnover from rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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

-

15% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 May 2024

396,350

12,042

134,806

543,198

Additions

3,570

-

49,730

53,300

Disposals

-

-

(5,100

)

(5,100

)

At 30 April 2025

399,920

12,042

179,436

591,398

DEPRECIATION

At 1 May 2024

362,032

11,006

122,713

495,751

Charge for year

14,211

40

22,029

36,280

Eliminated on disposal

-

-

(5,099

)

(5,099

)

At 30 April 2025

376,243

11,046

139,643

526,932

NET BOOK VALUE

At 30 April 2025

23,677

996

39,793

64,466

At 30 April 2024

34,318

1,036

12,093

47,447

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

48,874

102,163

VAT

1,733

-

50,607

102,163

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

965

2,264

Amounts owed to group undertakings

238,964

311,355

VAT

-

1,851

Other creditors

-

461

Directors' current accounts

27,176

6,503

Accrued expenses

3,555

3,875

270,660

326,309

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

£1

100

100

8.	GOING CONCERN

The company is reliant upon financial support from its parent company Ty Carreg Mawr Holdings Ltd. The directors of the group do not intend to withdraw financial support and as such consider that it remains appropriate to draw up accounts on a going concern basis.