Eagle Sales Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08248670 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

EAGLE SALES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H J Pearman

K J Ibberson

REGISTERED OFFICE:

1 Bligh's Road

Sevenoaks

Kent

TN13 1DA

REGISTERED NUMBER:

08248670 (England and Wales)

ACCOUNTANTS:

Greenaway Chartered Accountants

1 Bligh's Road

Sevenoaks

Kent

TN13 1DA

FIXED ASSETS

Tangible assets

4

-

125

Investments

5

123

248

CURRENT ASSETS

Stocks

6

5,431,182

4,401,045

Debtors

7

8,403,637

6,307,445

Cash at bank

12,598

3,920

13,847,417

10,712,410

CREDITORS

Amounts falling due within one year

8

9,494,487

7,332,302

NET CURRENT ASSETS

4,352,930

3,380,108

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,353,053

3,380,356

CREDITORS

Amounts falling due after more than one
year

9

77,700

90,964

NET ASSETS

4,275,353

3,289,392

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

4,275,253

3,289,292

SHAREHOLDERS' FUNDS

4,275,353

3,289,392

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 13 October 2025 and were signed on its behalf by:

H J Pearman - Director

1.	STATUTORY INFORMATION

Eagle Sales 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.

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 cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

2,000

DEPRECIATION

At 1 April 2024

1,875

Charge for year

125

At 31 March 2025

2,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

125

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

123

NET BOOK VALUE

At 31 March 2025

123

At 31 March 2024

123

6.

STOCKS

31/3/25

31/3/24

£

Stocks

4,377,204

3,681,204

Work-in-progress

1,053,978

719,841

5,431,182

4,401,045

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

1,419,883

684,883

Amounts owed by group undertakings

1,420,687

1,107,819

Other debtors

5,563,067

4,514,743

8,403,637

6,307,445

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Hire purchase contracts

963,264

12,600

Trade creditors

1,255,200

945,040

Amounts owed to group undertakings

229,987

354,987

Taxation and social security

375,208

66,796

Other creditors

6,670,828

5,952,879

9,494,487

7,332,302

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/3/25

31/3/24

£

Hire purchase contracts

77,700

90,964

10.	RELATED PARTY DISCLOSURES

During the year, the company purchased goods totalling £nil (2024: £322,500) from Eagle Speedster Limited, a subsidiary of Eagle Sales Limited. At the year end, trade payables of £135,000 (2024: £135,000) owed to Eagle Speedster Limited. Other loans of £229,987 (2024: £354,987) were due to Eagle Speedster Limited.

During the year, the company sold goods totalling £831,574 (2024: £nil) and purchased goods totalling £1,946,942 (2024: £1,169,864) from companies under the common control of the director. During the year the company recharged expenses totalling £13,200 (2024: £13,200) to these companies.

At the year end, trade receivables of £1,419,883 (2024: £624,883) and trade payables of £1,117,665 (2024: £805,000) owed from/to companies under common control of the directors. Other loans of £6,969,652 (2024: £5,606,661) were due from these companies and £15,000 (2024: £15,000) was owed to these companies.

Transactions were conducted at market prices and settled under normal credit terms.