Company Registration No. NI685155 (Northern Ireland)
E & G Upholstery Ltd
Unaudited accounts
for the year ended 31 January 2025
E & G Upholstery Ltd
Unaudited accounts
Contents
E & G Upholstery Ltd
Company Information
for the year ended 31 January 2025
Company Number
NI685155 (Northern Ireland)
Registered Office
Conway Street Community Enterprises Proj
Conway Mill 5-7 Conway Street
Belfast
County Antrim
BT13 2DE
Northern Ireland
Accountants
RCSB Accountants Ltd
Office 5B
Townsend Enterprise Park
Townsend Street
Belfast
Antrim
BT13 2ES
E & G Upholstery Ltd
Statement of financial position
as at 31 January 2025
Intangible assets
17,500
20,000
Tangible assets
4,352
5,440
Cash at bank and in hand
1,442
2,001
Creditors: amounts falling due within one year
(600)
(600)
Net current assets
3,655
2,951
Total assets less current liabilities
25,507
28,391
Creditors: amounts falling due after more than one year
(33,569)
(36,109)
Net liabilities
(8,062)
(7,718)
Called up share capital
1
1
Profit and loss account
(8,063)
(7,719)
Shareholders' funds
(8,062)
(7,718)
For the year ending 31 January 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2025 and were signed on its behalf by
Edmund McNally
Director
Company Registration No. NI685155
E & G Upholstery Ltd
Notes to the Accounts
for the year ended 31 January 2025
E & G Upholstery Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI685155. The registered office is Conway Street Community Enterprises Proj, Conway Mill 5-7 Conway Street, Belfast, County Antrim, BT13 2DE, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
E & G Upholstery Ltd
Notes to the Accounts
for the year ended 31 January 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2024
6,000
2,500
8,500
At 31 January 2025
6,000
2,500
8,500
At 1 February 2024
2,160
900
3,060
Charge for the year
768
320
1,088
At 31 January 2025
2,928
1,220
4,148
At 31 January 2025
3,072
1,280
4,352
At 31 January 2024
3,840
1,600
5,440
6
Creditors: amounts falling due within one year
2025
2024
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
33,569
36,109
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).